Kingspan Group (DUB:KRX) Days Payable

: 70.29 (As of Dec. 2023)

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Kingspan Group's average Accounts Payable for the six months ended in Dec. 2023 was €1,097 Mil. Kingspan Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,848 Mil. Hence, Kingspan Group's Days Payable for the six months ended in Dec. 2023 was 70.29.

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

DUB:KRX' s Days Payable Range Over the Past 10 Years
Min: 37.99 Med: 43.44 Max: 60.41
Current: 60.41

During the past 13 years, Kingspan Group's highest Days Payable was 60.41. The lowest was 37.99. And the median was 43.44.

DUB:KRX's Days Payable is ranked worse than
60.3% of 1602 companies
in the Construction industry
Industry Median: 73.785 vs DUB:KRX: 60.41

Kingspan Group's Days Payable declined from Dec. 2022 (70.93) to Dec. 2023 (70.29). It may suggest that Kingspan Group accelerated paying its suppliers.

Kingspan Group Days Payable Historical Data

The historical data trend for Kingspan 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.

* Premium members only.

Kingspan Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.32

47.18

45.09

41.37

40.38

Kingspan Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															74.59	73.72	70.93	70.55	70.29

Competitive Comparison

For the Building Products & Equipment subindustry, Kingspan 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.

Kingspan Group Days Payable Distribution

For the Construction industry and Industrials sector, Kingspan Group's Days Payable distribution charts can be found below:

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

Kingspan 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.

Kingspan Group'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
=	( (661.7	+	610.9)	/	2 )	/	5750.9	*	365
=	636.3					/	5750.9	*	365
=	40.38

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

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1582.8	+	610.9)	/	2 )	/	2847.9	*	365 / 2
=	1096.85					/	2847.9	*	365 / 2
=	70.29

Kingspan Group Days Payable Related Terms

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Kingspan Group (DUB:KRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kingspan Group PLC (DUB:KRX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KGSPY:USA KRXi:UK 0KGP:UK KRX:Germany

Address

Dublin Road, Kingscourt, County Cavan, IRL, A82 XY31

Website

https://www.kingspan.com

Kingspan Group PLC manufactures and sells building supplies to the commercial, residential, and data storage industries throughout the world. The company organizes itself in five segments. The Insulated Panels segment, which generates the majority of revenue, sells insulated panels, structural frames, and metal facades. The Insulation segment sells insulation boards, building series insulation, and engineered timber systems. The Light and Air segment manufacture day-lighting, smoke management, and ventilation systems. The Water and Energy segment manufacture energy and water solutions and all related service activities, and Data and Flooring Technology manufacture data center storage solutions and raised access floors. and Roofing and Waterproof segment.

Kingspan Group (DUB:KRX) Headlines

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