K+S AG (LTS:0Q2N) Days Payable : 27.99 (As of Sep. 2024)

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What is K+S AG Days Payable?

K+S AG's average Accounts Payable for the three months ended in Sep. 2024 was €266 Mil. K+S AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €869 Mil. Hence, K+S AG's Days Payable for the three months ended in Sep. 2024 was 27.99.

The historical rank and industry rank for K+S AG's Days Payable or its related term are showing as below:

LTS:0Q2N' s Days Payable Range Over the Past 10 Years
Min: 18.81 Med: 42.81 Max: 118.88
Current: 30.05

During the past 13 years, K+S AG's highest Days Payable was 118.88. The lowest was 18.81. And the median was 42.81.

LTS:0Q2N's Days Payable is ranked worse than
82.64% of 242 companies
in the Agriculture industry
Industry Median: 79.485 vs LTS:0Q2N: 30.05

K+S AG's Days Payable declined from Sep. 2023 (28.95) to Sep. 2024 (27.99). It may suggest that K+S AG accelerated paying its suppliers.

K+S AG Days Payable Historical Data

The historical data trend for K+S AG'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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K+S AG Days Payable Chart

K+S AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.72

18.81

118.88

32.32

35.74

K+S AG 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															28.95	32.36	31.08	30.00	27.99

Competitive Comparison of K+S AG's Days Payable

For the Agricultural Inputs subindustry, K+S AG'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.

K+S AG's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, K+S AG's Days Payable distribution charts can be found below:

* The bar in red indicates where K+S AG's Days Payable falls into.

K+S AG 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.

K+S AG'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
=	( (312.9	+	335.1)	/	2 )	/	3308.8	*	365
=	324					/	3308.8	*	365
=	35.74

K+S AG'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
=	( (278.3	+	254.6)	/	2 )	/	868.8	*	365 / 4
=	266.45					/	868.8	*	365 / 4
=	27.99

K+S AG Days Payable Related Terms

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K+S AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » K+S AG (LTS:0Q2N) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KPLUY:USA KPLUF:USA 1SDF:Italy SDFd:UK SDF:Germany SDF:Bulgaria SDF:Austria

Address

Bertha-von-Suttner-Strasse 7, Kassel, DEU, 34131

Website

https://www.kpluss.com

K+S AG produces two primary products: fertilizer and salt. The company engaged in business with potash and magnesium products from plants in Germany and Canadian sites in Bethune, as well as the European salt activities. It also includes the waste disposal and recycling business in Germany.

K+S AG Headlines

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