Kesla Oyj (OHEL:KELAS) Days Payable : 88.36 (As of Dec. 2023)

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What is Kesla Oyj Days Payable?

Kesla Oyj's average Accounts Payable for the six months ended in Dec. 2023 was €7.36 Mil. Kesla Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €15.20 Mil. Hence, Kesla Oyj's Days Payable for the six months ended in Dec. 2023 was 88.36.

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

OHEL:KELAS' s Days Payable Range Over the Past 10 Years
Min: 41.87 Med: 52.68 Max: 71.96
Current: 71.96

During the past 13 years, Kesla Oyj's highest Days Payable was 71.96. The lowest was 41.87. And the median was 52.68.

OHEL:KELAS's Days Payable is ranked worse than
50.24% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 71.96 vs OHEL:KELAS: 71.96

Kesla Oyj's Days Payable increased from Dec. 2022 (83.42) to Dec. 2023 (88.36). It may suggest that Kesla Oyj delayed paying its suppliers.

Kesla Oyj Days Payable Historical Data

The historical data trend for Kesla Oyj'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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Kesla Oyj Days Payable Chart

Kesla Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.43

51.98

61.37

69.97

56.24

Kesla Oyj 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	Get a 7-Day Free Trial															79.68	123.97	83.42	72.62	88.36

Competitive Comparison of Kesla Oyj's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Kesla Oyj'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.

Kesla Oyj's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kesla Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Kesla Oyj's Days Payable falls into.

Kesla Oyj 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.

Kesla Oyj'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
=	( (4.927	+	5.31)	/	2 )	/	33.22	*	365
=	5.1185					/	33.22	*	365
=	56.24

Kesla Oyj'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
=	( (9.411	+	5.31)	/	2 )	/	15.203	*	365 / 2
=	7.3605					/	15.203	*	365 / 2
=	88.36

Kesla Oyj Days Payable Related Terms

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Kesla Oyj (OHEL:KELAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Kesla Oyj (OHEL:KELAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kuurnankatu 24, Joensuu, FIN, 80100

Website

http://www.kesla.fi

Kesla Oyj is engaged in designing, marketing, and manufacturing forest technology. The product portfolio includes harvester cranes, forwarder cranes, and industrial cranes.

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