Livestock Transport & Trading Co (KUW:CATTL) Days Payable : 19.05 (As of Mar. 2024)

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What is Livestock Transport & Trading Co Days Payable?

Livestock Transport & Trading Co's average Accounts Payable for the three months ended in Mar. 2024 was KWD2.04 Mil. Livestock Transport & Trading Co's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD9.79 Mil. Hence, Livestock Transport & Trading Co's Days Payable for the three months ended in Mar. 2024 was 19.05.

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

KUW:CATTL' s Days Payable Range Over the Past 10 Years
Min: 12.72 Med: 16.86 Max: 25.24
Current: 21.14

During the past 13 years, Livestock Transport & Trading Co's highest Days Payable was 25.24. The lowest was 12.72. And the median was 16.86.

KUW:CATTL's Days Payable is ranked worse than
89.37% of 301 companies
in the Retail - Defensive industry
Industry Median: 44.54 vs KUW:CATTL: 21.14

Livestock Transport & Trading Co's Days Payable increased from Mar. 2023 (16.18) to Mar. 2024 (19.05). It may suggest that Livestock Transport & Trading Co delayed paying its suppliers.

Livestock Transport & Trading Co Days Payable Historical Data

The historical data trend for Livestock Transport & Trading 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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Livestock Transport & Trading Co Days Payable Chart

Livestock Transport & Trading Co Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.04

17.77

14.78

12.72

15.95

Livestock Transport & Trading Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															16.18	17.79	28.46	21.83	19.05

Competitive Comparison of Livestock Transport & Trading Co's Days Payable

For the Food Distribution subindustry, Livestock Transport & Trading 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.

Livestock Transport & Trading Co's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Livestock Transport & Trading Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Livestock Transport & Trading Co's Days Payable falls into.

Livestock Transport & Trading 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.

Livestock Transport & Trading Co'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
=	( (1.441	+	1.898)	/	2 )	/	38.197	*	365
=	1.6695					/	38.197	*	365
=	15.95

Livestock Transport & Trading Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.898	+	2.189)	/	2 )	/	9.786	*	365 / 4
=	2.0435					/	9.786	*	365 / 4
=	19.05

Livestock Transport & Trading Co Days Payable Related Terms

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Livestock Transport & Trading Co (KUW:CATTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Livestock Transport & Trading Co (KUW:CATTL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sulaibiya Agricultural Area, Block 12, P.O. Box 23727, Kuwait, KWT, 13098

Website

https://www.almawashi.com.kw

Livestock Transport & Trading Co is engaged in livestock import & export business. It operates in three segments: Commercial, which includes purchasing, transporting, ranching, and selling the live and slaughtered sheep and all skins, intestines, and fertilizers, and also purchasing and selling fodder and chilled & frozen meat in wholesale and retail; Food processing segment includes meat processing and its classification in all products and selling it in wholesale; and Investments segment include investment portfolios managed by specialized companies and deposits. It generates the majority of its revenue from the Commercial segment. Its geographical segments are Kuwait, UAE, Australia, and South Africa, of which Kuwait accounts for most of its revenue.

Livestock Transport & Trading Co (KUW:CATTL) Headlines

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