Kesko Oyj (LTS:0BNS) Days Payable : 53.95 (As of Sep. 2024)

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What is Kesko Oyj Days Payable?

Kesko Oyj's average Accounts Payable for the three months ended in Sep. 2024 was €1,531 Mil. Kesko Oyj's Cost of Goods Sold for the three months ended in Sep. 2024 was €2,590 Mil. Hence, Kesko Oyj's Days Payable for the three months ended in Sep. 2024 was 53.95.

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

LTS:0BNS' s Days Payable Range Over the Past 10 Years
Min: 37.75 Med: 41.51 Max: 54.39
Current: 54.39

During the past 13 years, Kesko Oyj's highest Days Payable was 54.39. The lowest was 37.75. And the median was 41.51.

LTS:0BNS's Days Payable is ranked better than
62.9% of 310 companies
in the Retail - Defensive industry
Industry Median: 44.495 vs LTS:0BNS: 54.39

Kesko Oyj's Days Payable declined from Sep. 2023 (54.92) to Sep. 2024 (53.95). It may suggest that Kesko Oyj accelerated paying its suppliers.

Kesko Oyj Days Payable Historical Data

The historical data trend for Kesko Oyj'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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Kesko Oyj Days Payable Chart

Kesko Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.97

42.28

45.83

51.34

52.68

Kesko Oyj 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															54.92	53.92	56.45	53.30	53.95

Competitive Comparison of Kesko Oyj's Days Payable

For the Grocery Stores subindustry, Kesko Oyj'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.

Kesko Oyj's Days Payable Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Kesko Oyj's Days Payable falls into.

Kesko Oyj 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.

Kesko Oyj'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
=	( (1499.4	+	1418.3)	/	2 )	/	10107	*	365
=	1458.85					/	10107	*	365
=	52.68

Kesko Oyj'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
=	( (1559.4	+	1503.2)	/	2 )	/	2590.2	*	365 / 4
=	1531.3					/	2590.2	*	365 / 4
=	53.95

Kesko Oyj Days Payable Related Terms

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Kesko Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kesko Oyj (LTS:0BNS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KKOYY:USA KKOYF:USA KKOAF:USA KESKBh:UK 0BNT:UK KESKOB:Finland KESKOA:Finland KEK:Germany

Address

Tyopajankatu 12, Helsinki, FIN, 00580

Website

https://www.kesko.fi

Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.

Kesko Oyj Headlines

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