Kimball International (Kimball International) Days Payable : 45.76 (As of Mar. 2023)

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What is Kimball International Days Payable?

Kimball International's average Accounts Payable for the three months ended in Mar. 2023 was $52.0 Mil. Kimball International's Cost of Goods Sold for the three months ended in Mar. 2023 was $103.7 Mil. Hence, Kimball International's Days Payable for the three months ended in Mar. 2023 was 45.76.

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

KBAL' s Days Payable Range Over the Past 10 Years
Min: 33.72 Med: 37.39 Max: 152.94
Current: 50.55

During the past 13 years, Kimball International's highest Days Payable was 152.94. The lowest was 33.72. And the median was 37.39.

KBAL's Days Payable is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 66.98 vs KBAL: 50.55

Kimball International's Days Payable declined from Mar. 2022 (46.49) to Mar. 2023 (45.76). It may suggest that Kimball International accelerated paying its suppliers.

Kimball International Days Payable Historical Data

The historical data trend for Kimball International'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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Kimball International Days Payable Chart

Kimball International Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Days Payable

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36.17

34.16

33.72

38.60

45.16

Kimball International Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial															46.49	55.46	54.30	49.60	45.76

Competitive Comparison of Kimball International's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Kimball International'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.

Kimball International's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kimball International's Days Payable distribution charts can be found below:

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

Kimball International 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.

Kimball International's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (41.537	+	70.936)	/	2 )	/	454.571	*	365
=	56.2365					/	454.571	*	365
=	45.16

Kimball International's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (57.249	+	46.755)	/	2 )	/	103.705	*	365 / 4
=	52.002					/	103.705	*	365 / 4
=	45.76

Kimball International Days Payable Related Terms

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Kimball International (Kimball International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kimball International Inc (NAS:KBAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1600 Royal Street, Jasper, IN, USA, 47546-2256

Website

https://www.kimballinternational.com

Kimball International Inc operates in the omnichannel commercial furnishing business. The company specializes in making furniture for the workplace, health, and hospitality markets. The workplace market area includes commercial, education, government, and financial segments and eBusiness. The company's furniture brand portfolio comprises Kimball, National, Interwoven, Kimball Hospitality, D'style, and Poppin.

Executives

Christopher M Robison	officer: INTERIM PRESIDENT POPPIN	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Willi Candra	officer: Chief Digital & Info Officer	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Timothy J Wolfe	officer: EVP & CFO	1600 ROYAL STREET, JASPER IN 47546
Michael J. Roch	officer: EVP, CCO, Workplace and Health	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Kourtney L Smith	officer: EVP	1600 ROYAL STREET, JASPER IN 47549
Darren S Gress	other: CORPORATE CONTROLLER	1600 ROYAL STREET, JASPER IN 47549
Valerie R Love	director	1600 ROYAL STREET, JASPER IN 47546
Timothy J Jahnke	director	115 ANSLEY WAY, ROSWELL GA 30075
Susan B Frampton	director	1600 ROYAL ST, JASPER IN 47549
Scott M Settersten	director	1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Geoffrey L Stringer	director	1600 ROYAL ST, JASPER IN 47549
Patrick E Connolly	director	1600 ROYAL ST, JASPER IN 47549
Kimberly K Ryan	director	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Thomas J Tischhauser	director	1600 ROYAL STREET, JASPER IN 47549
Michelle Rene Schroeder	officer: EVP, CHIEF FINANCIAL OFFICER	1600 ROYAL STREET, JASPER IN 47549