K-Electric (KAR:KEL) Days Payable: 235.83 (As of Jun. 2023)


KAR:KEL K-Electric Ltd KAR:KEL
2 GF Score
Price ₨8.17
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What is K-Electric Days Payable?

K-Electric KAR:KEL -0.85% 2 Days Payable is 235.83 as of Jun. 2023. GuruFocus rates KAR:KEL with a GF Score™ of 2/100.

K-Electric's average Accounts Payable for the three months ended in Jun. 2023 was ₨349,876 Mil. K-Electric's Cost of Goods Sold for the three months ended in Jun. 2023 was ₨135,378 Mil. Hence, K-Electric's Days Payable for the three months ended in Jun. 2023 was 235.83.

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

KAR:KEL's Days Payable is not ranked *
in the Utilities - Regulated industry.
Industry Median: 70.35
* Ranked among companies with meaningful Days Payable only.

K-Electric's Days Payable increased from Jun. 2022 (177.31) to Jun. 2023 (235.83). It may suggest that K-Electric delayed paying its suppliers.

K-Electric Days Payable Historical Data

* Premium members only.

The historical data trend for K-Electric'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.

K-Electric Days Payable Chart

K-Electric Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.48 273.14 353.69 274.12 259.55

K-Electric Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 177.31 250.41 383.12 450.57 235.83

KAR:KEL vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, K-Electric'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.

K-Electric Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, K-Electric's Days Payable distribution charts can be found below:

* The bar in red indicates where K-Electric's Days Payable falls into.


KAR:KEL
2GF Score
K-Electric Ltd KAR:KEL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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K-Electric 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.

K-Electric'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
=( (379071.242 + 284945.244) / 2 ) / 466889.773*365
=332008.243 / 466889.773*365
=259.55

K-Electric's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (414805.927 + 284945.244) / 2 ) / 135378.274*365 / 4
=349875.5855 / 135378.274*365 / 4
=235.83

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 235.83 mean?
K-Electric (KAR:KEL) has a Days Payable of 235.83 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on K-Electric and its competitors.
Is K-Electric's Days Payable too high?
K-Electric's current Days Payable is 235.83. The Utilities - Regulated industry median Days Payable is 70.35. K-Electric's value of 235.83 is 235.2% above this industry median. Overall, K-Electric has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does K-Electric's Days Payable compare to NEE and SO?
K-Electric's Days Payable of 235.83 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.35. K-Electric's value of 235.83 is 235.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. K-Electric's current Days Payable of 235.83 is 235.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on K-Electric and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K-Electric's current Days Payable is 235.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K-Electric stock overvalued right now?
K-Electric (KAR:KEL) has a current Days Payable of 235.83. The current Days Payable is 235.83 and 235.2% above the Utilities - Regulated industry median of 70.35. K-Electric's overall GF Score™ is 2/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For K-Electric (KAR:KEL), the current Days Payable is 235.83 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

K-Electric Business Description

Address KE House, 39-B, Sunset Boulevard, Phase-II, Defence Housing Authority, Karachi, SD, PAK
K-Electric Ltd is a vertically integrated power utility provider in Pakistan providing electricity in Karachi. The company supplies electricity to industrial, commercial, agricultural and residential areas. The company operates in three functional areas including Generation, Transmission, and Distribution.
2GF Score

Get the complete analysis for KAR:KEL

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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