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Kingston Wharves (XJAM:KW) Days Payable : 85.97 (As of Mar. 2024)


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What is Kingston Wharves Days Payable?

Kingston Wharves's average Accounts Payable for the three months ended in Mar. 2024 was JMD1,336 Mil. Kingston Wharves's Cost of Goods Sold for the three months ended in Mar. 2024 was JMD1,418 Mil. Hence, Kingston Wharves's Days Payable for the three months ended in Mar. 2024 was 85.97.

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

XJAM:KW's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 35.88
* Ranked among companies with meaningful Days Payable only.

Kingston Wharves's Days Payable declined from Sep. 2022 (96.73) to Mar. 2024 (85.97). It may suggest that Kingston Wharves accelerated paying its suppliers.


Kingston Wharves Days Payable Historical Data

The historical data trend for Kingston Wharves'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.

Kingston Wharves Days Payable Chart

Kingston Wharves Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.38 14.54 9.52 21.44 44.81

Kingston Wharves Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.73 61.33 79.72 - 85.97

Competitive Comparison of Kingston Wharves's Days Payable

For the Marine Shipping subindustry, Kingston Wharves'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.


Kingston Wharves's Days Payable Distribution in the Transportation Industry

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

* The bar in red indicates where Kingston Wharves's Days Payable falls into.


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Kingston Wharves 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.

Kingston Wharves'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
=( (441.039 + 763.617) / 2 ) / 4905.972*365
=602.328 / 4905.972*365
=44.81

Kingston Wharves'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
=( (763.617 + 1907.908) / 2 ) / 1417.859*365 / 4
=1335.7625 / 1417.859*365 / 4
=85.97

* 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.


Kingston Wharves Days Payable Related Terms

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Kingston Wharves Business Description

Traded in Other Exchanges
N/A
Address
195 Second Street, Total Logistics Facility, Newport West, St. Andrew, Kingston, JAM, 13
Kingston Wharves Ltd is engaged in the operation of public wharves, logistics services, security services, warehousing, and the rental of and repairs to cold storage facilities. It operates in two segments: Terminal operations and Logistics services. The Terminal operations segment which generates the majority of revenue engages in the operation of public wharves and the stevedoring of vessels. Its Logistics Services segment offers warehousing and logistics facilities, security services, rental of and repairs to cold storage facilities, and property rental.