KDM Shipping (WAR:KDM) Days Payable : 15.03 (As of Jun. 2018)

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What is KDM Shipping Days Payable?

KDM Shipping's average Accounts Payable for the six months ended in Jun. 2018 was zł5.1 Mil. KDM Shipping's Cost of Goods Sold for the six months ended in Jun. 2018 was zł62.2 Mil. Hence, KDM Shipping's Days Payable for the six months ended in Jun. 2018 was 15.03.

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

WAR:KDM's Days Payable is not ranked ^*
in the Transportation industry.
Industry Median: 39.31
* Ranked among companies with meaningful Days Payable only.

KDM Shipping's Days Payable declined from Jun. 2017 (37.37) to Jun. 2018 (15.03). It may suggest that KDM Shipping accelerated paying its suppliers.

KDM Shipping Days Payable Historical Data

The historical data trend for KDM Shipping'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.

KDM Shipping Days Payable Chart

KDM Shipping Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

Get a 7-Day Free Trial

15.98

14.98

8.26

19.87

25.24

KDM Shipping Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Payable	Get a 7-Day Free Trial									4.90	18.98	37.37	10.81	15.03

Competitive Comparison of KDM Shipping's Days Payable

For the Marine Shipping subindustry, KDM Shipping'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.

KDM Shipping's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, KDM Shipping's Days Payable distribution charts can be found below:

* The bar in red indicates where KDM Shipping's Days Payable falls into.

KDM Shipping 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.

KDM Shipping's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

	Days Payable (A: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2016 )	+	Accounts Payable (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (10.107	+	5.09)	/	2 )	/	109.873	*	365
=	7.5985					/	109.873	*	365
=	25.24

KDM Shipping's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

	Days Payable (Q: Jun. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2017 )	+	Accounts Payable (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (5.09	+	5.154)	/	2 )	/	62.185	*	365 / 2
=	5.122					/	62.185	*	365 / 2
=	15.03

KDM Shipping Days Payable Related Terms

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

KDM Shipping (WAR:KDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » KDM Shipping PLC (WAR:KDM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Michael Koutsofta Street, Limassol, CYP, 3031

Website

http://www.kdmshipping.com

KDM Shipping PLC is engaged in the shipping industry. It mainly focuses on the bulk river-sea freight in the Black, Azov and Mediterranean Sea regions. In addition, it is engaged in cargo freight, ship repair, and trading in grain, corn, oil and barley. The principal cargo of the company includes Grain, Metal Scrap, Sunflower seed meal, Bran, Fertilizers, and Cement.

KDM Shipping (WAR:KDM) Headlines

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