GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wolters Kluwer NV (XAMS:WKL) » Definitions » Days Payable

Wolters Kluwer NV (XAMS:WKL) Days Payable

: 216.99 (As of Dec. 2023)
View and export this data going back to 1984. Start your Free Trial

Wolters Kluwer NV's average Accounts Payable for the six months ended in Dec. 2023 was €950 Mil. Wolters Kluwer NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €799 Mil. Hence, Wolters Kluwer NV's Days Payable for the six months ended in Dec. 2023 was 216.99.

The historical rank and industry rank for Wolters Kluwer NV's Days Payable or its related term are showing as below:

XAMS:WKL' s Days Payable Range Over the Past 10 Years
Min: 34   Med: 114.36   Max: 230.09
Current: 223.11

During the past 13 years, Wolters Kluwer NV's highest Days Payable was 230.09. The lowest was 34.00. And the median was 114.36.

XAMS:WKL's Days Payable is ranked better than
89.34% of 929 companies
in the Business Services industry
Industry Median: 47.73 vs XAMS:WKL: 223.11

Wolters Kluwer NV's Days Payable increased from Dec. 2022 (195.86) to Dec. 2023 (216.99). It may suggest that Wolters Kluwer NV delayed paying its suppliers.


Wolters Kluwer NV Days Payable Historical Data

The historical data trend for Wolters Kluwer NV'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.

Wolters Kluwer NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.70 40.56 34.00 128.72 230.09

Wolters Kluwer NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 107.29 115.73 195.86 222.31 216.99

Competitive Comparison

For the Specialty Business Services subindustry, Wolters Kluwer NV'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.


Wolters Kluwer NV Days Payable Distribution

For the Business Services industry and Industrials sector, Wolters Kluwer NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Wolters Kluwer NV's Days Payable falls into.



Wolters Kluwer NV 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.

Wolters Kluwer NV'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
=( (990 + 997) / 2 ) / 1576*365
=993.5 / 1576*365
=230.09

Wolters Kluwer NV's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (903 + 997) / 2 ) / 799*365 / 2
=950 / 799*365 / 2
=216.99

* 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.


Wolters Kluwer NV Days Payable Related Terms

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


Wolters Kluwer NV (XAMS:WKL) Business Description

Traded in Other Exchanges
Address
Zuidpoolsingel 2, P.O. Box 1030, Alphen aan den Rijn, ZH, NLD, 2400
Wolters Kluwer is a Europe-listed global information services company. It operates across four distinct business segments serving a wide array of clients: health (26% of 2020 sales), tax and accounting (31%), legal and regulatory (23%), and governance, risk, and compliance (20%). Within these divisions, Wolters aims to be the industry leader in a variety of niche, higher-value services.

Wolters Kluwer NV (XAMS:WKL) Headlines

No Headlines