Kontoor Brands Inc (KTB)

Number of days of payables

		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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Payables turnover		12.69	11.19	11.47	12.18	12.77	12.88	11.91	13.98	11.10	7.36	8.09	8.27	10.25	8.95	10.70	10.50	11.99	9.64	19.07	15.02
Number of days of payables	days	28.77	32.62	31.82	29.98	28.58	28.34	30.65	26.12	32.88	49.58	45.12	44.15	35.62	40.79	34.12	34.76	30.44	37.86	19.14	24.30

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 12.69
= 28.77

The number of days of payables for Kontoor Brands Inc has shown fluctuations over the periods reported. From March 31, 2020, to September 30, 2021, there was an increasing trend in the number of days of payables, reaching a peak of 49.58 days on September 30, 2022. Subsequently, there was a slight decline, with the number of days of payables decreasing to 28.58 days on December 31, 2023.

Overall, the company seems to manage its payables efficiently, as the number of days of payables has generally stayed within a reasonable range. The variability observed in the data might indicate changes in the company's payment terms with its suppliers or shifts in its working capital management strategies. Further analysis of the company's financial performance and liquidity position would be beneficial to provide a more detailed understanding of its payables management.