KH Group (OHEL:KHG) Days Payable : 72.14 (As of Mar. 2024)

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What is KH Group Days Payable?

KH Group's average Accounts Payable for the three months ended in Mar. 2024 was €55.4 Mil. KH Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €70.1 Mil. Hence, KH Group's Days Payable for the three months ended in Mar. 2024 was 72.14.

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

OHEL:KHG' s Days Payable Range Over the Past 10 Years
Min: 5.32 Med: 21.29 Max: 178.32
Current: 83.62

During the past 13 years, KH Group's highest Days Payable was 178.32. The lowest was 5.32. And the median was 21.29.

OHEL:KHG's Days Payable is ranked better than
67.3% of 474 companies
in the Conglomerates industry
Industry Median: 59.465 vs OHEL:KHG: 83.62

KH Group's Days Payable declined from Mar. 2023 (153.30) to Mar. 2024 (72.14). It may suggest that KH Group accelerated paying its suppliers.

KH Group Days Payable Historical Data

The historical data trend for KH 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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KH Group Days Payable Chart

KH Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5.32

21.71

139.06

178.32

33.81

KH Group Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															153.30	106.92	81.50	81.00	72.14

Competitive Comparison of KH Group's Days Payable

For the Conglomerates subindustry, KH 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.

KH Group's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, KH Group's Days Payable distribution charts can be found below:

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

KH 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.

KH Group'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
=	( (0.336	+	41.246)	/	2 )	/	224.454	*	365
=	20.791					/	224.454	*	365
=	33.81

KH 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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (41.246	+	69.6)	/	2 )	/	70.1	*	365 / 4
=	55.423					/	70.1	*	365 / 4
=	72.14

KH Group Days Payable Related Terms

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KH Group (OHEL:KHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » KH Group Plc (OHEL:KHG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WE3:Germany

Address

Pohjoisesplanadi 33, Mikonkatu 1B, Helsinki, FIN, 00100

Website

https://www.khgroup.com

KH Group Plc operates as an investment company. There are four key business areas in the group, each of which offers products and services for B2B and consumer markets. The Four business areas include KH Machines, Indoor group, Nordic Rescue Group and HTJ. The group's KH-Koneet Group supplies earth-moving equipment to Nordic countries.

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