Knorr-Bremse AG (XTER:KBX) Days Payable

: 109.66 (As of Dec. 2023)

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Knorr-Bremse AG's average Accounts Payable for the three months ended in Dec. 2023 was €1,204 Mil. Knorr-Bremse AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,002 Mil. Hence, Knorr-Bremse AG's Days Payable for the three months ended in Dec. 2023 was 109.66.

The historical rank and industry rank for Knorr-Bremse AG's Days Payable or its related term are showing as below:

XTER:KBX' s Days Payable Range Over the Past 10 Years
Min: 97.02 Med: 106.98 Max: 125.72
Current: 113.9

During the past 9 years, Knorr-Bremse AG's highest Days Payable was 125.72. The lowest was 97.02. And the median was 106.98.

XTER:KBX's Days Payable is ranked better than
76.33% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.96 vs XTER:KBX: 113.90

Knorr-Bremse AG's Days Payable increased from Dec. 2022 (109.08) to Dec. 2023 (109.66). It may suggest that Knorr-Bremse AG delayed paying its suppliers.

Knorr-Bremse AG Days Payable Historical Data

The historical data trend for Knorr-Bremse AG'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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Knorr-Bremse AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

106.98

125.72

123.02

119.68

112.76

Knorr-Bremse AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																109.08	119.15	113.47	114.77	109.66

Competitive Comparison

For the Auto Parts subindustry, Knorr-Bremse AG'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.

Knorr-Bremse AG Days Payable Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Knorr-Bremse AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Knorr-Bremse AG's Days Payable falls into.

Knorr-Bremse AG 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.

Knorr-Bremse AG'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
=	( (1213.954	+	1201.516)	/	2 )	/	3909.51	*	365
=	1207.735					/	3909.51	*	365
=	112.76

Knorr-Bremse AG'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1207.3	+	1201.516)	/	2 )	/	1002.218	*	365 / 4
=	1204.408					/	1002.218	*	365 / 4
=	109.66

Knorr-Bremse AG Days Payable Related Terms

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Knorr-Bremse AG (XTER:KBX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Knorr-Bremse AG (XTER:KBX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KNBHF:USA KNRRY:USA KBX:Mexico KBXd:UK

Address

Moosacher Strasse 80, Munich, BY, DEU, 80809

Website

https://www.knorr-bremse.com

Knorr-Bremse AG is engaged in the development, production, marketing, and servicing of Automotive parts. It operates its business activities in two divisions: Rail Vehicle Systems and Commercial Vehicle Systems. Its product portfolio comprises Braking, entrance, and HVAC systems; power electric and control technology; digital solutions; couplers; signal systems; pneumatic braking systems; energy supply and distribution systems; wiper and wash systems; and others. Its geographical segments are Europe/Africa, North America, South America, and Asia-Pacific.

Executives

Frank Markus Weber	Board of Directors
Dr. Nicolas Lange	Board of Directors
Marc Llistosella	Board of Directors
Bernd Spies	Board of Directors
Dr. Claudia Mayfeld	Board of Directors
Dr. Jürgen Wilder	Board of Directors
Dr. Jan Michael Mrosik	Board of Directors

Knorr-Bremse AG (XTER:KBX) Headlines

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