Knowledge Tower Trading Co (SAU:9551) Days Payable : 14.46 (As of Sep. 2023)

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What is Knowledge Tower Trading Co Days Payable?

Knowledge Tower Trading Co's average Accounts Payable for the six months ended in Sep. 2023 was ﷼0.97 Mil. Knowledge Tower Trading Co's Cost of Goods Sold for the six months ended in Sep. 2023 was ﷼12.28 Mil. Hence, Knowledge Tower Trading Co's Days Payable for the six months ended in Sep. 2023 was 14.46.

The historical rank and industry rank for Knowledge Tower Trading Co's Days Payable or its related term are showing as below:

SAU:9551' s Days Payable Range Over the Past 10 Years
Min: 35.57 Med: 49.91 Max: 113.69
Current: 113.69

During the past 3 years, Knowledge Tower Trading Co's highest Days Payable was 113.69. The lowest was 35.57. And the median was 49.91.

SAU:9551's Days Payable is ranked better than
79.65% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.14 vs SAU:9551: 113.69

Knowledge Tower Trading Co's Days Payable declined from Sep. 2022 (123.93) to Sep. 2023 (14.46). It may suggest that Knowledge Tower Trading Co accelerated paying its suppliers.

Knowledge Tower Trading Co Days Payable Historical Data

The historical data trend for Knowledge Tower Trading Co'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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Knowledge Tower Trading Co Days Payable Chart

Knowledge Tower Trading Co Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

49.91

51.92

35.57

Knowledge Tower Trading Co Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			16.89	708.84	123.93	221.16	14.46

Competitive Comparison of Knowledge Tower Trading Co's Days Payable

For the Specialty Retail subindustry, Knowledge Tower Trading Co'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.

Knowledge Tower Trading Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Knowledge Tower Trading Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Knowledge Tower Trading Co's Days Payable falls into.

Knowledge Tower Trading Co 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.

Knowledge Tower Trading Co's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (2.513	+	0.973)	/	2 )	/	17.888	*	365
=	1.743					/	17.888	*	365
=	35.57

Knowledge Tower Trading Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.973	+	0)	/	1 )	/	12.278	*	365 / 2
=	0.973					/	12.278	*	365 / 2
=	14.46

Knowledge Tower Trading Co Days Payable Related Terms

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Knowledge Tower Trading Co (SAU:9551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Knowledge Tower Trading Co (SAU:9551) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ibn Yaqout Al-Hamawi Road, Al-Muraikbat District, Dammam, SAU, 7222 -32253

Website

https://www.kntbook.com

Knowledge Tower Trading Co is engaged in marketing and selling educational books for schools, universities, training institutes, and government educational institutions, developing educational programs for schools, providing electronic educational platforms, providing modern educational resources for training, and designing educational models.

Knowledge Tower Trading Co (SAU:9551) Headlines

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