KR (The Kroger Co) Days Payable : 37.00 (As of Oct. 2024)

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What is The Kroger Co Days Payable?

The Kroger Co's average Accounts Payable for the three months ended in Oct. 2024 was $10,433 Mil. The Kroger Co's Cost of Goods Sold for the three months ended in Oct. 2024 was $25,948 Mil. Hence, The Kroger Co's Days Payable for the three months ended in Oct. 2024 was 36.69.

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

KR' s Days Payable Range Over the Past 10 Years
Min: 21.2 Med: 23.41 Max: 32.19
Current: 31.59

During the past 13 years, The Kroger Co's highest Days Payable was 32.19. The lowest was 21.20. And the median was 23.41.

KR's Days Payable is ranked worse than
70.65% of 310 companies
in the Retail - Defensive industry
Industry Median: 44.495 vs KR: 31.59

The Kroger Co's Days Payable increased from Oct. 2023 (27.13) to Oct. 2024 (37.00). It may suggest that The Kroger Co delayed paying its suppliers.

The Kroger Co Days Payable Historical Data

The historical data trend for The Kroger Co'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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The Kroger Co Days Payable Chart

The Kroger Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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23.76

23.40

23.41

27.10

32.19

The Kroger Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Days Payable	Get a 7-Day Free Trial															27.13	29.54	27.51	35.94	37.00

Competitive Comparison of The Kroger Co's Days Payable

For the Grocery Stores subindustry, The Kroger Co'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.

The Kroger Co's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Days Payable distribution charts can be found below:

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

The Kroger Co 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.

The Kroger Co's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (10179	+	10399)	/	2 )	/	116675	*	365
=	10289					/	116675	*	365
=	32.19

The Kroger Co's Days Payable for the quarter that ended in Oct. 2024 is calculated as:

	Days Payable (Q: Oct. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2024 )	+	Accounts Payable (Q: Oct. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2024 )	*	Days in Period
=	( (10344	+	10521)	/	2 )	/	25948	*	365 / 4
=	10432.5					/	25948	*	365 / 4
=	36.69

The Kroger Co Days Payable Related Terms

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The Kroger Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » The Kroger Co (NYSE:KR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1KR:Italy 0JS2:UK KOG:Germany KOG:Germany KR:Austria

Address

1014 Vine Street, Cincinnati, OH, USA, 45202

Website

https://www.thekrogerco.com

Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company boasts an ingrained presence in US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its 33 food production plants. The firm also operates fuel stations and pharmacies at 60% and 80% of its locations, respectively.

Executives

Valerie L. Jabbar	officer: Senior Vice President	THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Carin L Fike	officer: Vice President and Treasurer	1014 VINE STREET, CINCINNATI OH 45202
Todd A Foley	officer: Vice President and Treasurer	1014 VINE STREET, CINCINNATI OH 45202
Kenneth C Kimball	officer: Senior Vice President	C/O THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Timothy A Massa	officer: Group Vice President	1014 VINE STREET, CINCINNATI OH 45202
Mary Ellen Adcock	officer: Group Vice President	1014 VINE STREET, CINCINNATI OH 45202
Christine S Wheatley	officer: Group Vice President	1014 VINE STREET, CINCINNATI OH 45202
Stuart Aitken	officer: Group Vice President	C/O JOURNAL MEDIA GROUP, INC., 333 WEST STATE STREET, MILWAUKEE WI 53203
Yael Cosset	officer: Group Vice President	1014 VINE STREET, CINCINNATI OH 45202
Gary Millerchip	officer: Senior Vice President and CFO	1014 VINE STREET, CINCINNATI OH 45202
Calvin J Kaufman	officer: Group Vice President	THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Mark C Tuffin	officer: Senior Vice President	THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Elaine L. Chao	director	C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362
Michael Joseph Donnelly	officer: Senior Vice President
Susan J Kropf	director	C/O AVON PRODUCTS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196