Kewaunee Scientific Corporation

NASDAQ KEQU

Data sourced from

and

Download Data

Kewaunee Scientific Corporation Accounts Payable Turnover Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending January 31, 2024: -4.91%

Kewaunee Scientific Corporation Accounts Payable Turnover Ratio 5 year CAGR is -4.91% for the Trailing 12 Months (TTM) ending January 31, 2024, a 15.30% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Kewaunee Scientific Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2023 was 2.16, a 8.19% change year over year.
Kewaunee Scientific Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2022 was 1.99, a -16.39% change year over year.
Kewaunee Scientific Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2021 was 2.39, a -10.40% change year over year.
Kewaunee Scientific Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2020 was 2.66, a -15.56% change year over year.

NASDAQ: KEQU

Kewaunee Scientific Corporation

CEO	Mr. Thomas D. Hull III
IPO Date	Feb. 25, 1992
Location	United States
Headquarters	2700 West Front Street, Statesville, NC, United States, 28677-2927
Employees	982
Sector	Consumer Cyclical
Industry	Furnishings, fixtures & appliances

Description

Kewaunee Scientific Corporation designs, manufactures, and installs laboratory, healthcare, and technical furniture and infrastructure products. The company operates through two segments, Domestic and International. Its products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks. The company's laboratory products are used in chemistry, physics, biology, and other general science laboratories in the pharmaceutical, biotechnology, industrial, chemical, commercial, educational, government, and health care markets; and technical products are used in facilities manufacturing computers and light electronics and by users of computer and networking furniture. It sells its products primarily through dealers, its subidiaries, and a national distributor. The company was founded in 1906 and is headquartered in Statesville, North Carolina.

Key trends