Kennametal Inc (KMT)

Kennametal Inc's number of days of payables has varied over the past five years. In the most recent fiscal year ending on June 30, 2024, the company took 49.24 days, on average, to pay its suppliers for goods and services purchased on credit. This represents a decrease compared to the previous year when the number of days of payables was 51.84 days.

Analyzing further back, we observe fluctuations in the number of days of payables. In the fiscal year ending on June 30, 2022, Kennametal Inc took 60.96 days to settle its payables, which was notably higher compared to the years 2023 and 2024. The number of days of payables in the fiscal year ending June 30, 2021, was 50.31 days, showing a decrease from the previous year. In the fiscal year ending on June 30, 2020, Kennametal Inc had the lowest number of days of payables among the past five years, at 44.32 days.

Overall, fluctuations in the number of days of payables for Kennametal Inc over the past five years suggest potential changes in the company's payment practices and relationships with suppliers. It is essential for stakeholders to monitor this metric to understand the company's liquidity management and efficiency in managing its payables.