Key-Soft (BUD:KULCSSOFT) Days Payable : 372.07 (As of Jun. 2024)

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What is Key-Soft Days Payable?

Key-Soft's average Accounts Payable for the six months ended in Jun. 2024 was Ft798 Mil. Key-Soft's Cost of Goods Sold for the six months ended in Jun. 2024 was Ft391 Mil. Hence, Key-Soft's Days Payable for the six months ended in Jun. 2024 was 372.07.

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

BUD:KULCSSOFT' s Days Payable Range Over the Past 10 Years
Min: 2.94 Med: 12.2 Max: 515.48
Current: 515.48

During the past 13 years, Key-Soft's highest Days Payable was 515.48. The lowest was 2.94. And the median was 12.20.

BUD:KULCSSOFT's Days Payable is not ranked
in the Software industry.
Industry Median: 51.44 vs BUD:KULCSSOFT: 515.48

Key-Soft's Days Payable increased from Jun. 2023 (310.78) to Jun. 2024 (372.07). It may suggest that Key-Soft delayed paying its suppliers.

Key-Soft Days Payable Historical Data

The historical data trend for Key-Soft'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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Key-Soft Days Payable Chart

Key-Soft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.84

12.52

11.87

7.47

14.35

Key-Soft Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															347.32	382.40	310.78	417.69	372.07

Competitive Comparison of Key-Soft's Days Payable

For the Software - Application subindustry, Key-Soft'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.

Key-Soft's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Key-Soft's Days Payable falls into.

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Key-Soft 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.

Key-Soft'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
=	( (12.847	+	43.955)	/	2 )	/	722.463	*	365
=	28.401					/	722.463	*	365
=	14.35

Key-Soft's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (43.955	+	1552.182)	/	2 )	/	391.447	*	365 / 2
=	798.0685					/	391.447	*	365 / 2
=	372.07

Key-Soft Days Payable Related Terms

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Key-Soft Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Key-Soft PLC (BUD:KULCSSOFT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meszaros utca 13, Budapest, HUN, 1016

Website

https://www.kulcs-soft.hu

Key-Soft PLC develops a business management software application. Its main products are invoicing, accounting, and inventory programs.

Key-Soft Headlines

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