Kainos Group (LSE:KNOS) Days Payable : 88.00 (As of Sep. 2023)

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What is Kainos Group Days Payable?

Kainos Group's average Accounts Payable for the six months ended in Sep. 2023 was £48.4 Mil. Kainos Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £100.5 Mil. Hence, Kainos Group's Days Payable for the six months ended in Sep. 2023 was 88.00.

The historical rank and industry rank for Kainos Group's Days Payable or its related term are showing as below:

LSE:KNOS' s Days Payable Range Over the Past 10 Years
Min: 72.39 Med: 87.69 Max: 95.73
Current: 84.73

During the past 11 years, Kainos Group's highest Days Payable was 95.73. The lowest was 72.39. And the median was 87.69.

LSE:KNOS's Days Payable is ranked better than
64.96% of 2526 companies
in the Software industry
Industry Median: 50.42 vs LSE:KNOS: 84.73

Kainos Group's Days Payable declined from Sep. 2022 (88.49) to Sep. 2023 (88.00). It may suggest that Kainos Group accelerated paying its suppliers.

Kainos Group Days Payable Historical Data

The historical data trend for Kainos Group'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.

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Kainos Group Days Payable Chart

Kainos Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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76.50

86.64

93.41

95.73

93.76

Kainos Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															90.38	91.09	88.49	86.38	88.00

Competitive Comparison of Kainos Group's Days Payable

For the Software - Application subindustry, Kainos Group'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.

Kainos Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Kainos Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Kainos Group's Days Payable falls into.

Kainos Group 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.

Kainos Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (49.199	+	52.348)	/	2 )	/	197.652	*	365
=	50.7735					/	197.652	*	365
=	93.76

Kainos Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (52.348	+	44.529)	/	2 )	/	100.457	*	365 / 2
=	48.4385					/	100.457	*	365 / 2
=	88.00

Kainos Group Days Payable Related Terms

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Kainos Group (LSE:KNOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kainos Group PLC (LSE:KNOS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KNOSl:UK 1KG:Germany 1KG:Germany

Address

4-6 Upper Crescent, Kainos House, Belfast, Northern Ireland, GBR, BT7 1NT

Website

https://www.kainos.com

Kainos Group PLC provides information technology services, consulting and software solutions. It is structured into two divisions namely Digital Services and Workday Practice. Digital Services include full life cycle development and support of digital solutions for government and commercial customers. Workday Practice includes includes cloud-based software for Human Capital Management and Financial Management and Planning, Workday Products. The company derives majority of its revenues from the Digital Services segment.