KAL Group (JSE:KAL) Days Payable : 31.01 (As of Mar. 2024)

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What is KAL Group Days Payable?

KAL Group's average Accounts Payable for the six months ended in Mar. 2024 was R1,768 Mil. KAL Group's Cost of Goods Sold for the six months ended in Mar. 2024 was R10,407 Mil. Hence, KAL Group's Days Payable for the six months ended in Mar. 2024 was 31.01.

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

JSE:KAL' s Days Payable Range Over the Past 10 Years
Min: 30.15 Med: 57.08 Max: 62.74
Current: 30.15

During the past 10 years, KAL Group's highest Days Payable was 62.74. The lowest was 30.15. And the median was 57.08.

JSE:KAL's Days Payable is ranked worse than
76.5% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs JSE:KAL: 30.15

KAL Group's Days Payable increased from Mar. 2023 (29.97) to Mar. 2024 (31.01). It may suggest that KAL Group delayed paying its suppliers.

KAL Group Days Payable Historical Data

The historical data trend for KAL Group'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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KAL Group Days Payable Chart

KAL Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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56.68

61.65

55.12

49.60

40.25

KAL Group Semi-Annual Data
	Sep14	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial													38.49	40.55	29.97	34.06	31.01

Competitive Comparison of KAL Group's Days Payable

For the Specialty Retail subindustry, KAL Group'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.

KAL Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, KAL Group's Days Payable distribution charts can be found below:

* The bar in red indicates where KAL Group's Days Payable falls into.

KAL Group 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.

KAL Group's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (2220.823	+	2075.53)	/	2 )	/	19478.711	*	365
=	2148.1765					/	19478.711	*	365
=	40.25

KAL Group'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2075.53	+	1461.346)	/	2 )	/	10406.846	*	365 / 2
=	1768.438					/	10406.846	*	365 / 2
=	31.01

KAL Group Days Payable Related Terms

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KAL Group (JSE:KAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » KAL Group Ltd (JSE:KAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Westhoven Street, Cape Winelands, Paarl, WC, ZAF, 7646

Website

https://www.kaapagri.co.za

Kaap Agri Ltd engages in the retail and trading of agricultural, and fuel, and related products. Its segments include the Agrimark segment which derives the majority of its revenue provides a range of production inputs, mechanization equipment and services, and other goods to agricultural producers as well as the public, The Retail Fuel and Convenience provides a full retail fuel offering to a diverse range of customers, including a convenience store and quick service restaurant outlets; Agrimark Grain segment includes the sale of grain products and provides a complete range of services including storage and handling of grain products and the Manufacturing segment manufactures and sells dripper pipe, other irrigation equipment, food-grade plastic bulk bins for the agricultural market.

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