Kao (KAOOY) Days Payable : 82.05 (As of Dec. 2023)

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What is Kao Days Payable?

Kao's average Accounts Payable for the three months ended in Dec. 2023 was $1,587 Mil. Kao's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,765 Mil. Hence, Kao's Days Payable for the three months ended in Dec. 2023 was 82.05.

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

KAOOY' s Days Payable Range Over the Past 10 Years
Min: 86.06 Med: 96.29 Max: 121.28
Current: 88.39

During the past 13 years, Kao's highest Days Payable was 121.28. The lowest was 86.06. And the median was 96.29.

KAOOY's Days Payable is ranked better than
78.93% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs KAOOY: 88.39

Kao's Days Payable increased from Dec. 2022 (77.60) to Dec. 2023 (82.05). It may suggest that Kao delayed paying its suppliers.

Kao Days Payable Historical Data

The historical data trend for Kao'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.

Kao Days Payable Chart

Kao Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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94.97

98.56

100.53

93.78

93.05

Kao Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															77.60	93.33	89.49	90.65	82.05

Competitive Comparison of Kao's Days Payable

For the Household & Personal Products subindustry, Kao'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.

Kao's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kao's Days Payable distribution charts can be found below:

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

Kao 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.

Kao'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
=	( (1806.822	+	1635.717)	/	2 )	/	6751.923	*	365
=	1721.2695					/	6751.923	*	365
=	93.05

Kao'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1538.794	+	1635.717)	/	2 )	/	1765.158	*	365 / 4
=	1587.2555					/	1765.158	*	365 / 4
=	82.05

Kao Days Payable Related Terms

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Kao (KAOOY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kao Corp (OTCPK:KAOOY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KAOCF:USA 4452:Japan KAO:Germany

Address

14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, JPN, 103-8210

Website

http://www.kao.com

Kao is the largest household and personal care product manufacturer in Japan with a footprint across Asia, Europe, and the Americas. Japan remains its largest market, contributing about 60% of sales and an estimated 70% of profits with several leading brands including Attack and Biore. Initially a soap producer established in the 1890s, Kao has expanded into cosmetics, disposable hygiene products, and chemicals, in addition to its home care and toiletry products. Asia, the largest overseas market contributing 20% of group sales, is a key growth driver, led by expansion in China and Indonesia. It has also acquired several Western skin and haircare brands including Jergens, John Frieda, Curel, Molton Brown, and the latest, Oribe.

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