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Knox Energy Solutions AS (OSL:KNOX) Days Payable : 25.94 (As of Jun. 2023)


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What is Knox Energy Solutions AS Days Payable?

Knox Energy Solutions AS's average Accounts Payable for the six months ended in Jun. 2023 was kr1,171 Mil. Knox Energy Solutions AS's Cost of Goods Sold for the six months ended in Jun. 2023 was kr8,239 Mil. Hence, Knox Energy Solutions AS's Days Payable for the six months ended in Jun. 2023 was 25.94.

The historical rank and industry rank for Knox Energy Solutions AS's Days Payable or its related term are showing as below:

OSL:KNOX' s Days Payable Range Over the Past 10 Years
Min: 21.51   Med: 47.86   Max: 231.98
Current: 27.94

During the past 5 years, Knox Energy Solutions AS's highest Days Payable was 231.98. The lowest was 21.51. And the median was 47.86.

OSL:KNOX's Days Payable is ranked worse than
68.03% of 929 companies
in the Transportation industry
Industry Median: 38.5 vs OSL:KNOX: 27.94

Knox Energy Solutions AS's Days Payable declined from Jun. 2022 (32.25) to Jun. 2023 (25.94). It may suggest that Knox Energy Solutions AS accelerated paying its suppliers.


Knox Energy Solutions AS Days Payable Historical Data

The historical data trend for Knox Energy Solutions AS'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.

Knox Energy Solutions AS Days Payable Chart

Knox Energy Solutions AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
231.98 123.37 47.86 46.82 21.51

Knox Energy Solutions AS Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial 56.52 43.31 32.25 27.84 25.94

Competitive Comparison of Knox Energy Solutions AS's Days Payable

For the Marine Shipping subindustry, Knox Energy Solutions AS'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.


Knox Energy Solutions AS's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Knox Energy Solutions AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Knox Energy Solutions AS's Days Payable falls into.



Knox Energy Solutions AS 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.

Knox Energy Solutions AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (561.925 + 1068.911) / 2 ) / 13839.207*365
=815.418 / 13839.207*365
=21.51

Knox Energy Solutions AS's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (1068.911 + 1273.143) / 2 ) / 8238.602*365 / 2
=1171.027 / 8238.602*365 / 2
=25.94

* 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.


Knox Energy Solutions AS Days Payable Related Terms

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Knox Energy Solutions AS (OSL:KNOX) Business Description

Traded in Other Exchanges
Address
Stromso torg 4, Drammen, NOR, 3044
Hyon AS is a Norway-based company engaged in developing and delivering high-capacity hydrogen fueling systems for ships. The company transfers hydrogen from shore to the ships either as a stand-alone fueling solution or as an integrated solution combining production, storage, and distribution on a barge.

Knox Energy Solutions AS (OSL:KNOX) Headlines

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