Kornit Digital (Kornit Digital) Days Payable : 17.99 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Kornit Digital Days Payable?

Kornit Digital's average Accounts Payable for the three months ended in Dec. 2023 was $8.3 Mil. Kornit Digital's Cost of Goods Sold for the three months ended in Dec. 2023 was $42.0 Mil. Hence, Kornit Digital's Days Payable for the three months ended in Dec. 2023 was 17.99.

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

KRNT' s Days Payable Range Over the Past 10 Years
Min: 26 Med: 75.49 Max: 95.92
Current: 26.17

During the past 12 years, Kornit Digital's highest Days Payable was 95.92. The lowest was 26.00. And the median was 75.49.

KRNT's Days Payable is ranked worse than
91.47% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs KRNT: 26.17

Kornit Digital's Days Payable declined from Dec. 2022 (42.28) to Dec. 2023 (17.99). It may suggest that Kornit Digital accelerated paying its suppliers.

Kornit Digital Days Payable Historical Data

The historical data trend for Kornit Digital'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.

Kornit Digital Days Payable Chart

Kornit Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

74.77

95.92

84.19

63.90

26.00

Kornit Digital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															42.28	35.06	28.45	25.03	17.99

Competitive Comparison of Kornit Digital's Days Payable

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.

Kornit Digital's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kornit Digital's Days Payable distribution charts can be found below:

* The bar in red indicates where Kornit Digital's Days Payable falls into.

Kornit Digital 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.

Kornit Digital'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
=	( (14.833	+	6.936)	/	2 )	/	152.829	*	365
=	10.8845					/	152.829	*	365
=	26.00

Kornit Digital'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
=	( (9.626	+	6.936)	/	2 )	/	42.013	*	365 / 4
=	8.281					/	42.013	*	365 / 4
=	17.99

Kornit Digital Days Payable Related Terms

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

Kornit Digital (Kornit Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kornit Digital Ltd (NAS:KRNT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KRNT:Mexico 0KD:Germany

Address

12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246

Website

https://www.kornit.com

Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.