KGHPF (KGHM Polska Miedz) Days Payable : 75.26 (As of Sep. 2024)

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What is KGHM Polska Miedz Days Payable?

KGHM Polska Miedz's average Accounts Payable for the three months ended in Sep. 2024 was $1,464 Mil. KGHM Polska Miedz's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,775 Mil. Hence, KGHM Polska Miedz's Days Payable for the three months ended in Sep. 2024 was 75.26.

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

KGHPF' s Days Payable Range Over the Past 10 Years
Min: 23.98 Med: 41.76 Max: 65.98
Current: 65.98

During the past 13 years, KGHM Polska Miedz's highest Days Payable was 65.98. The lowest was 23.98. And the median was 41.76.

KGHPF's Days Payable is ranked worse than
65.03% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs KGHPF: 65.98

KGHM Polska Miedz's Days Payable increased from Sep. 2023 (57.53) to Sep. 2024 (75.26). It may suggest that KGHM Polska Miedz delayed paying its suppliers.

KGHM Polska Miedz Days Payable Historical Data

The historical data trend for KGHM Polska Miedz'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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KGHM Polska Miedz Days Payable Chart

KGHM Polska Miedz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.86

61.14

50.94

40.79

52.14

KGHM Polska Miedz Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															57.53	53.14	70.62	73.95	75.26

Competitive Comparison of KGHM Polska Miedz's Days Payable

For the Copper subindustry, KGHM Polska Miedz'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.

KGHM Polska Miedz's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, KGHM Polska Miedz's Days Payable distribution charts can be found below:

* The bar in red indicates where KGHM Polska Miedz's Days Payable falls into.

KGHM Polska Miedz 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.

KGHM Polska Miedz'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
=	( (783.414	+	1532.103)	/	2 )	/	8104.308	*	365
=	1157.7585					/	8104.308	*	365
=	52.14

KGHM Polska Miedz's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1575.201	+	1352.073)	/	2 )	/	1774.687	*	365 / 4
=	1463.637					/	1774.687	*	365 / 4
=	75.26

KGHM Polska Miedz Days Payable Related Terms

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KGHM Polska Miedz Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KGHM Polska Miedz SA (OTCPK:KGHPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KGH:Poland 0O8D:UK KGHA:Germany KGH:Czech Republic

Address

48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301

Website

https://www.kghm.com

KGHM Polska Miedz SA engages in copper ore mining and copper production predominantly in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewelry, photography products, and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is through sales of silver, while a minor portion is generated through the production of gold, salt, and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom, and the Czech Republic, among many other European nations.