Kinatico (ASX:KYP) Days Payable : 109.02 (As of Dec. 2023)

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What is Kinatico Days Payable?

Kinatico's average Accounts Payable for the six months ended in Dec. 2023 was A$2.76 Mil. Kinatico's Cost of Goods Sold for the six months ended in Dec. 2023 was A$4.63 Mil. Hence, Kinatico's Days Payable for the six months ended in Dec. 2023 was 109.02.

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

ASX:KYP' s Days Payable Range Over the Past 10 Years
Min: 51.57 Med: 76.94 Max: 133.62
Current: 133.62

During the past 8 years, Kinatico's highest Days Payable was 133.62. The lowest was 51.57. And the median was 76.94.

ASX:KYP's Days Payable is ranked better than
75.66% of 2531 companies
in the Software industry
Industry Median: 50.36 vs ASX:KYP: 133.62

Kinatico's Days Payable declined from Dec. 2022 (127.70) to Dec. 2023 (109.02). It may suggest that Kinatico accelerated paying its suppliers.

Kinatico Days Payable Historical Data

The historical data trend for Kinatico'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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Kinatico Days Payable Chart

Kinatico Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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88.12

76.51

51.57

60.09

75.12

Kinatico Semi-Annual Data
	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												91.43	104.47	127.70	127.19	109.02

Competitive Comparison of Kinatico's Days Payable

For the Information Technology Services subindustry, Kinatico'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.

Kinatico's Days Payable Distribution in the Software Industry

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

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

Kinatico 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.

Kinatico's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2.083	+	1.826)	/	2 )	/	9.497	*	365
=	1.9545					/	9.497	*	365
=	75.12

Kinatico'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
=	( (1.826	+	3.701)	/	2 )	/	4.626	*	365 / 2
=	2.7635					/	4.626	*	365 / 2
=	109.02

Kinatico Days Payable Related Terms

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Kinatico (ASX:KYP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kinatico Ltd (ASX:KYP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

999 Hay Street, Level 4, Perth, WA, AUS, 6000

Website

https://www.kinatico.com

Kinatico Ltd is a know-your-people technology company helping employers to manage their workforce and meet their regulatory compliance needs. It operates an online screening and verification service through its website cvcheck.biz. The company has developed an online interface for users to engage CVCheck to access primary and third-party information data providers and sources. Its geographical segments are Australia and New Zealand. Generating, a majority of its revenue from Australia.

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