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Kinaxis (TSX:KXS) Days Payable : 25.23 (As of Dec. 2023)


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What is Kinaxis Days Payable?

Kinaxis's average Accounts Payable for the three months ended in Dec. 2023 was C$16.0 Mil. Kinaxis's Cost of Goods Sold for the three months ended in Dec. 2023 was C$57.8 Mil. Hence, Kinaxis's Days Payable for the three months ended in Dec. 2023 was 25.23.

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

TSX:KXS' s Days Payable Range Over the Past 10 Years
Min: 8.91   Med: 21.78   Max: 34.68
Current: 23.97

During the past 11 years, Kinaxis's highest Days Payable was 34.68. The lowest was 8.91. And the median was 21.78.

TSX:KXS's Days Payable is ranked worse than
74.39% of 2522 companies
in the Software industry
Industry Median: 51.485 vs TSX:KXS: 23.97

Kinaxis's Days Payable declined from Dec. 2022 (28.47) to Dec. 2023 (25.23). It may suggest that Kinaxis accelerated paying its suppliers.


Kinaxis Days Payable Historical Data

The historical data trend for Kinaxis'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.

Kinaxis Days Payable Chart

Kinaxis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.38 26.81 34.68 28.36 24.17

Kinaxis 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 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 28.47 22.83 23.04 24.58 25.23

Competitive Comparison of Kinaxis's Days Payable

For the Software - Application subindustry, Kinaxis'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.


Kinaxis's Days Payable Distribution in the Software Industry

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

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



Kinaxis 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.

Kinaxis'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
=( (14.132 + 15.728) / 2 ) / 225.488*365
=14.93 / 225.488*365
=24.17

Kinaxis'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
=( (16.253 + 15.728) / 2 ) / 57.823*365 / 4
=15.9905 / 57.823*365 / 4
=25.23

* 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.


Kinaxis Days Payable Related Terms

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Kinaxis (TSX:KXS) Business Description

Traded in Other Exchanges
Address
3199 Palladium Drive, Ottawa, ON, CAN, K2T 0N9
Kinaxis Inc is a provider of cloud-based subscription software that enables its customers to improve and accelerate analysis and decision-making across their supply chain operations. The company has operations in the United States, Europe, Asia, and Canada, and a majority of its revenue comes from the United States.
Executives
Paul Carreiro Senior Officer
Christopher John Blaine Fitzgerald Senior Officer
James Alexander Hollingworth Senior Officer
Michael David Mauger Senior Officer
Megan Paterson Senior Officer
John Ernest Sicard Director, Senior Officer

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