Crown Paints Kenya (NAI:CRWN) Days Payable : 114.88 (As of Dec. 2022)

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What is Crown Paints Kenya Days Payable?

Crown Paints Kenya's average Accounts Payable for the six months ended in Dec. 2022 was KES2,248 Mil. Crown Paints Kenya's Cost of Goods Sold for the six months ended in Dec. 2022 was KES7,144 Mil. Hence, Crown Paints Kenya's Days Payable for the six months ended in Dec. 2022 was 57.44.

The historical rank and industry rank for Crown Paints Kenya's Days Payable or its related term are showing as below:

NAI:CRWN' s Days Payable Range Over the Past 10 Years
Min: 85.66 Med: 115.64 Max: 132.43
Current: 114.88

During the past 13 years, Crown Paints Kenya's highest Days Payable was 132.43. The lowest was 85.66. And the median was 115.64.

NAI:CRWN's Days Payable is ranked better than
81.81% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs NAI:CRWN: 114.88

Crown Paints Kenya's Days Payable increased from Dec. 2020 (110.70) to Dec. 2022 (114.88). It may suggest that Crown Paints Kenya delayed paying its suppliers.

Crown Paints Kenya Days Payable Historical Data

The historical data trend for Crown Paints Kenya'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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Crown Paints Kenya Days Payable Chart

Crown Paints Kenya Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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118.58

108.44

110.70

116.39

114.88

Crown Paints Kenya Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial										118.58	108.44	110.70	116.39	114.88

Competitive Comparison of Crown Paints Kenya's Days Payable

For the Specialty Chemicals subindustry, Crown Paints Kenya'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.

Crown Paints Kenya's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown Paints Kenya's Days Payable distribution charts can be found below:

* The bar in red indicates where Crown Paints Kenya's Days Payable falls into.

Crown Paints Kenya 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.

Crown Paints Kenya's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2383.41	+	2113.349)	/	2 )	/	7143.619	*	365
=	2248.3795					/	7143.619	*	365
=	114.88

Crown Paints Kenya's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (2383.41	+	2113.349)	/	2 )	/	7143.619	*	365 / 2
=	2248.3795					/	7143.619	*	365 / 2
=	57.44

Crown Paints Kenya Days Payable Related Terms

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Crown Paints Kenya (NAI:CRWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown Paints Kenya Ltd (NAI:CRWN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Likoni Road, Industrial Area, P.O. Box 78848, Nairobi, KEN, 00507

Website

https://www.crownpaints.co.ke

Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins producer. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates majority of its revenue from Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.