Konecranes Oyj (OHEL:KCR) Days Payable : 79.89 (As of Mar. 2024)

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What is Konecranes Oyj Days Payable?

Konecranes Oyj's average Accounts Payable for the three months ended in Mar. 2024 was €315 Mil. Konecranes Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €360 Mil. Hence, Konecranes Oyj's Days Payable for the three months ended in Mar. 2024 was 79.89.

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

OHEL:KCR' s Days Payable Range Over the Past 10 Years
Min: 39.07 Med: 54.56 Max: 67.87
Current: 64.37

During the past 13 years, Konecranes Oyj's highest Days Payable was 67.87. The lowest was 39.07. And the median was 54.56.

OHEL:KCR's Days Payable is ranked worse than
58.54% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 71.96 vs OHEL:KCR: 64.37

Konecranes Oyj's Days Payable increased from Mar. 2023 (75.64) to Mar. 2024 (79.89). It may suggest that Konecranes Oyj delayed paying its suppliers.

Konecranes Oyj Days Payable Historical Data

The historical data trend for Konecranes 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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Konecranes Oyj Days Payable Chart

Konecranes Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.25

54.24

59.02

67.87

62.12

Konecranes Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															75.64	75.88	60.76	49.75	79.89

Competitive Comparison of Konecranes Oyj's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Konecranes 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.

Konecranes Oyj's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Konecranes Oyj's Days Payable distribution charts can be found below:

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

Konecranes 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.

Konecranes 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
=	( (306.2	+	313.4)	/	2 )	/	1820.3	*	365
=	309.8					/	1820.3	*	365
=	62.12

Konecranes Oyj'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
=	( (313.4	+	316.6)	/	2 )	/	359.8	*	365 / 4
=	315					/	359.8	*	365 / 4
=	79.89

Konecranes Oyj Days Payable Related Terms

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Konecranes Oyj (OHEL:KCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Konecranes Oyj (OHEL:KCR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KNCRY:USA KNCRF:USA KCRh:UK 0MET:UK K34:Germany

Address

Koneenkatu 8, P.O. Box 661, Hyvinkaa, FIN, FI-05801

Website

https://www.konecranes.com

Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Workstation lifting systems, trucks, and various hoists include advanced technologies to increase control and equipment capabilities. Products are marketed through various brands, and sales offices are in multiple regions. The company's global service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles.

Konecranes Oyj (OHEL:KCR) Headlines

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