K-Fast Holding AB (OSTO:KFAST B) Days Payable : 132.36 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is K-Fast Holding AB Days Payable?

K-Fast Holding AB's average Accounts Payable for the three months ended in Mar. 2024 was kr192 Mil. K-Fast Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr132 Mil. Hence, K-Fast Holding AB's Days Payable for the three months ended in Mar. 2024 was 132.36.

The historical rank and industry rank for K-Fast Holding AB's Days Payable or its related term are showing as below:

OSTO:KFAST B' s Days Payable Range Over the Past 10 Years
Min: 42.61 Med: 166.01 Max: 281.97
Current: 109.29

During the past 8 years, K-Fast Holding AB's highest Days Payable was 281.97. The lowest was 42.61. And the median was 166.01.

OSTO:KFAST B's Days Payable is ranked better than
52.45% of 1573 companies
in the Real Estate industry
Industry Median: 99.76 vs OSTO:KFAST B: 109.29

K-Fast Holding AB's Days Payable increased from Mar. 2023 (94.24) to Mar. 2024 (132.36). It may suggest that K-Fast Holding AB delayed paying its suppliers.

K-Fast Holding AB Days Payable Historical Data

The historical data trend for K-Fast Holding AB'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.

K-Fast Holding AB Days Payable Chart

K-Fast Holding AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

213.79

281.97

42.61

63.28

113.00

K-Fast Holding AB 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															94.24	93.15	107.66	121.80	132.36

Competitive Comparison of K-Fast Holding AB's Days Payable

For the Real Estate Services subindustry, K-Fast Holding AB'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.

K-Fast Holding AB's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, K-Fast Holding AB's Days Payable distribution charts can be found below:

* The bar in red indicates where K-Fast Holding AB's Days Payable falls into.

K-Fast Holding AB 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.

K-Fast Holding AB'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
=	( (198.3	+	234.5)	/	2 )	/	699	*	365
=	216.4					/	699	*	365
=	113.00

K-Fast Holding AB'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
=	( (234.5	+	149.6)	/	2 )	/	132.4	*	365 / 4
=	192.05					/	132.4	*	365 / 4
=	132.36

K-Fast Holding AB Days Payable Related Terms

Thank you for viewing the detailed overview of K-Fast Holding AB's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

K-Fast Holding AB (OSTO:KFAST B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » K-Fast Holding AB (OSTO:KFAST B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6D90:Germany

Address

Bultvagen 7, Hassleholm, SWE, SE-281 43

Website

https://www.k-fastigheter.se

K-Fast Holding AB is a residential property company focused on construction and long-term property management of self-developed residential properties. The company deals in project development, construction, and property management business. It generates maximum revenue from the property management segment.

K-Fast Holding AB (OSTO:KFAST B) Headlines

No Headlines