Kyndryl Holdings Inc (KD)
Number of days of payables
Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | — | 10.53 | 9.90 | 9.48 | 9.37 | 9.25 | 11.30 | 8.78 | 8.17 | 8.56 | 9.49 | 10.56 | 10.45 | 14.68 | 21.29 | 21.35 | 21.34 | 18.60 | |
Number of days of payables | days | — | 34.68 | 36.87 | 38.50 | 38.97 | 39.45 | 32.30 | 41.59 | 44.66 | 42.65 | 38.47 | 34.56 | 34.94 | 24.86 | 17.14 | 17.10 | 17.11 | 19.63 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Kyndryl Holdings Inc's number of days of payables has shown some fluctuations over the reporting periods. The number of days of payables decreased from 19.63 days as of December 31, 2020, to around 17 days in the subsequent quarters of March 31, 2021, June 30, 2021, and September 30, 2021. However, there was an increase to 24.86 days as of December 31, 2021.
From March 31, 2022, the number of days of payables significantly increased to 34.94 days, showing a continued upward trend in the following quarters of June 30, 2022, and September 30, 2022. This increasing trend continued into the years 2023 and 2024, reaching 44.66 days as of March 31, 2023, and then gradually stabilizing around 35-40 days until September 30, 2024.
However, it is worth noting the absence of data for the number of days of payables as of March 31, 2025. This might be due to various reasons such as delays in financial reporting or a change in reporting practices. Overall, the trend in the number of days of payables indicates that Kyndryl Holdings Inc may be taking more time to pay its creditors, which could potentially impact its cash flow and liquidity position.
Peer comparison
Mar 31, 2025