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KKR (KKRPA.PFD) Days Payable

: 78.51 (As of Dec. 2023)
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KKR's average Accounts Payable for the three months ended in Dec. 2023 was $2,801.69 Mil. KKR's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,256.51 Mil. Hence, KKR's Days Payable for the three months ended in Dec. 2023 was 78.51.

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

KKRpA.PFD' s Days Payable Range Over the Past 10 Years
Min: 94.68   Med: 306.55   Max: 414.1
Current: 94.68

During the past 13 years, KKR's highest Days Payable was 414.10. The lowest was 94.68. And the median was 306.55.

KKRpA.PFD's Days Payable is ranked better than
58.03% of 467 companies
in the Asset Management industry
Industry Median: 70.5 vs KKRpA.PFD: 94.68

KKR's Days Payable declined from Dec. 2022 (117.44) to Dec. 2023 (78.51). It may suggest that KKR accelerated paying its suppliers.


KKR Days Payable Historical Data

The historical data trend for KKR'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.

KKR Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 225.95 306.47 117.13 306.63 97.08

KKR Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.44 91.07 86.83 138.85 78.51

Competitive Comparison

For the Asset Management subindustry, KKR'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.


KKR Days Payable Distribution

For the Asset Management industry and Financial Services sector, KKR's Days Payable distribution charts can be found below:

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



KKR 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.

KKR'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
=( (2114.517 + 2918.649) / 2 ) / 9462.219*365
=2516.583 / 9462.219*365
=97.08

KKR'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
=( (2684.726 + 2918.649) / 2 ) / 3256.51*365 / 4
=2801.6875 / 3256.51*365 / 4
=78.51

* 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.


KKR Days Payable Related Terms

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KKR (KKRPA.PFD) Business Description

Traded in Other Exchanges
Address
30 Hudson Yards, New York, NY, USA, 10001
KKR is one of the world's largest alternative asset managers, with $518.5 billion in total assets under management, including $420.0 billion in fee-earning AUM, at the end of June 2023. The company has two core segments: asset management (which includes private markets—private equity, credit, infrastructure, energy, and real estate—and public markets—primarily credit and hedge/investment fund platforms) and insurance (following the October 2020 purchase of a 61.5% economic stake in Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance). On the asset management side, private markets account for 50% of fee-earning AUM and 70% of base management fees, while public markets account for 50% and 30%, respectively.