Kyndryl Holdings (Kyndryl Holdings) Days Payable : 39.02 (As of Dec. 2023)

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What is Kyndryl Holdings Days Payable?

Kyndryl Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $1,362 Mil. Kyndryl Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,184 Mil. Hence, Kyndryl Holdings's Days Payable for the three months ended in Dec. 2023 was 39.02.

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

KD' s Days Payable Range Over the Past 10 Years
Min: 17.05 Med: 20.64 Max: 41.89
Current: 41.89

During the past 5 years, Kyndryl Holdings's highest Days Payable was 41.89. The lowest was 17.05. And the median was 20.64.

KD's Days Payable is ranked worse than
55.99% of 2522 companies
in the Software industry
Industry Median: 51.485 vs KD: 41.89

Kyndryl Holdings's Days Payable declined from Dec. 2022 (42.03) to Dec. 2023 (39.02). It may suggest that Kyndryl Holdings accelerated paying its suppliers.

Kyndryl Holdings Days Payable Historical Data

The historical data trend for Kyndryl Holdings'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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Kyndryl Holdings Days Payable Chart

Kyndryl Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Mar23

Days Payable

17.05

18.58

22.70

36.68

Kyndryl Holdings Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												42.03	44.12	44.98	38.29	39.02

Competitive Comparison of Kyndryl Holdings's Days Payable

For the Information Technology Services subindustry, Kyndryl Holdings'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.

Kyndryl Holdings's Days Payable Distribution in the Software Industry

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

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

Kyndryl Holdings 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.

Kyndryl Holdings'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: Dec. 2021 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1140	+	1774)	/	2 )	/	14498	*	365
=	1457					/	14498	*	365
=	36.68

Kyndryl Holdings'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
=	( (1246	+	1477)	/	2 )	/	3184	*	365 / 4
=	1361.5					/	3184	*	365 / 4
=	39.02

Kyndryl Holdings Days Payable Related Terms

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Kyndryl Holdings (Kyndryl Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kyndryl Holdings Inc (NYSE:KD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KD:Mexico 7XU:Germany 7XU:Germany 7XU:Germany KD:Austria

Address

One Vanderbilt Avenue, 15th Floor, New York, NY, USA, 10017

Website

https://www.kyndryl.com

Kyndryl Holdings Inc is a technology services and infrastructure services provider company. It provides advisory, implementation, and managed services across a range of technology domains to help customers manage and modernize enterprise IT environments in support of their business and transformation objectives.

Executives

Elly Keinan	officer: Group President	ONE NEW ORCHARD ROAD, ARMONK NY 10504
Martin J Schroeter	director, officer: Chief Executive Officer	IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504
David B Wyshner	officer: CFO & Treasurer	C/O XPO LOGISTICS, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Denis Machuel	director	ONE NEW ORCHARD ROAD, ARMONK NY 10504
Hester Stephen A. M.	director	ONE NEW ORCHARD ROAD, ARMONK NY 10504
Howard I Ungerleider	director	2211 H.H. DOW WAY, MIDLAND MI 48674
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
International Business Machines Corp	director, 10 percent owner	1 NEW ORCHARD RD, ARMONK NY 10504
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
John D Harris	director	C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Edward Sebold	officer: General Counsel and Secretary	ONE NEW ORCHARD ROAD, ARMONK NY 10504
Vineet Khurana	officer: Vice President & Controller	ONE NEW ORCHARD ROAD, ARMONK NY 10504
Janina Kugel	director	ONE NEW ORCHARD ROAD, ARMONK NY 10504
Rahul N Merchant	director	C/O EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Shirley A Jackson	director	110 8TH STREEET, TROY NY 12180-3590