KRRYF (Kerry Logistics Network) Days Payable : 35.88 (As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Kerry Logistics Network Days Payable?

Kerry Logistics Network's average Accounts Payable for the six months ended in Jun. 2024 was $577 Mil. Kerry Logistics Network's Cost of Goods Sold for the six months ended in Jun. 2024 was $2,934 Mil. Hence, Kerry Logistics Network's Days Payable for the six months ended in Jun. 2024 was 35.88.

The historical rank and industry rank for Kerry Logistics Network's Days Payable or its related term are showing as below:

KRRYF' s Days Payable Range Over the Past 10 Years
Min: 26.81 Med: 38.56 Max: 77.24
Current: 35.84

During the past 12 years, Kerry Logistics Network's highest Days Payable was 77.24. The lowest was 26.81. And the median was 38.56.

KRRYF's Days Payable is ranked worse than
50.64% of 940 companies
in the Transportation industry
Industry Median: 36.365 vs KRRYF: 35.84

Kerry Logistics Network's Days Payable declined from Jun. 2023 (38.26) to Jun. 2024 (35.88). It may suggest that Kerry Logistics Network accelerated paying its suppliers.

Kerry Logistics Network Days Payable Historical Data

The historical data trend for Kerry Logistics Network'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.

* Premium members only.

Kerry Logistics Network Days Payable Chart

Kerry Logistics Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

39.13

36.50

29.66

26.79

38.03

Kerry Logistics Network 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															26.17	30.89	38.26	35.44	35.88

Competitive Comparison of Kerry Logistics Network's Days Payable

For the Integrated Freight & Logistics subindustry, Kerry Logistics Network'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.

Kerry Logistics Network's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kerry Logistics Network's Days Payable distribution charts can be found below:

* The bar in red indicates where Kerry Logistics Network's Days Payable falls into.

Save Embed

;

Save Embed

;

Kerry Logistics Network 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.

Kerry Logistics Network'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
=	( (582.09	+	551.944)	/	2 )	/	5442.7	*	365
=	567.017					/	5442.7	*	365
=	38.03

Kerry Logistics Network'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
=	( (551.944	+	601.603)	/	2 )	/	2933.947	*	365 / 2
=	576.7735					/	2933.947	*	365 / 2
=	35.88

Kerry Logistics Network Days Payable Related Terms

Thank you for viewing the detailed overview of Kerry Logistics Network's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kerry Logistics Network Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kerry Logistics Network Ltd (OTCPK:KRRYF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00636:Hong Kong KYL:Germany

Address

55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG

Website

https://www.kln.com

Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2024. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.

Kerry Logistics Network Headlines

From GuruFocus

Kerry Logistics Network Ltd's Dividend Analysis

By GuruFocus Research • 05-24-2024