Kuehne + Nagel International AG (Kuehne + Nagel International AG) Days Payable : 55.67 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Kuehne + Nagel International AG Days Payable?

Kuehne + Nagel International AG's average Accounts Payable for the three months ended in Mar. 2024 was $2,356 Mil. Kuehne + Nagel International AG's Cost of Goods Sold for the three months ended in Mar. 2024 was $3,862 Mil. Hence, Kuehne + Nagel International AG's Days Payable for the three months ended in Mar. 2024 was 55.67.

The historical rank and industry rank for Kuehne + Nagel International AG's Days Payable or its related term are showing as below:

KHNGF' s Days Payable Range Over the Past 10 Years
Min: 31.93 Med: 39.27 Max: 64.89
Current: 64.89

During the past 13 years, Kuehne + Nagel International AG's highest Days Payable was 64.89. The lowest was 31.93. And the median was 39.27.

KHNGF's Days Payable is ranked better than
71.8% of 929 companies
in the Transportation industry
Industry Median: 39.02 vs KHNGF: 64.89

Kuehne + Nagel International AG's Days Payable increased from Mar. 2023 (51.48) to Mar. 2024 (55.67). It may suggest that Kuehne + Nagel International AG delayed paying its suppliers.

Kuehne + Nagel International AG Days Payable Historical Data

The historical data trend for Kuehne + Nagel International AG's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kuehne + Nagel International AG Days Payable Chart

Kuehne + Nagel International AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

39.14

38.52

32.38

37.16

55.10

Kuehne + Nagel International AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															51.48	51.91	40.93	10,487.47	55.67

Competitive Comparison of Kuehne + Nagel International AG's Days Payable

For the Integrated Freight & Logistics subindustry, Kuehne + Nagel International AG's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kuehne + Nagel International AG's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kuehne + Nagel International AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Kuehne + Nagel International AG's Days Payable falls into.

Kuehne + Nagel International AG Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Kuehne + Nagel International AG's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2931.516	+	2326.549)	/	2 )	/	17416.744	*	365
=	2629.0325					/	17416.744	*	365
=	55.10

Kuehne + Nagel International AG's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2326.549	+	2385.775)	/	2 )	/	3862.256	*	365 / 4
=	2356.162					/	3862.256	*	365 / 4
=	55.67

Kuehne + Nagel International AG Days Payable Related Terms

Thank you for viewing the detailed overview of Kuehne + Nagel International AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuehne + Nagel International AG (Kuehne + Nagel International AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kuehne + Nagel International AG (OTCPK:KHNGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KHNGY:USA KNINz:UK 0QMW:UK KNIU:Germany KNIN:Switzerland

Address

Kuehne + Nagel house, P.O. Box 67, Schindellegi, CHE, CH-8834

Website

http://www.kuehne-nagel.com

Kuehne + Nagel is a global transportation and logistics company based in Switzerland and founded in 1890. KN is the largest sea freight forwarder globally, and holds the number-two spot in air freight. Sea freight has traditionally constituted the largest part of the business, contributing almost half of group revenue in 2022. The company's goal is to become a more balanced, fully integrated freight forwarder while continually improving its end-to-end offering to its clients.

Kuehne + Nagel International AG (Kuehne + Nagel International AG) Headlines

From GuruFocus

Chris Davis Comments on Kühne & Nagel International AG

By Vera Yuan Vera Yuan • 09-09-2014

Kuehne + Nagel International AG Stock Is Believed To Be Significantly Overvalued

By GF Value GF Value • 05-07-2021

Kuehne + Nagel International AG Stock Appears To Be Significantly Overvalued

By GF Value GF Value • 05-14-2021