Pearson (Pearson) Days Payable : 138.53 (As of Dec. 2023)

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What is Pearson Days Payable?

Pearson's average Accounts Payable for the six months ended in Dec. 2023 was $845 Mil. Pearson's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,113 Mil. Hence, Pearson's Days Payable for the six months ended in Dec. 2023 was 138.53.

The historical rank and industry rank for Pearson's Days Payable or its related term are showing as below:

PSO' s Days Payable Range Over the Past 10 Years
Min: 52.82 Med: 61.03 Max: 111.48
Current: 111.48

During the past 13 years, Pearson's highest Days Payable was 111.48. The lowest was 52.82. And the median was 61.03.

PSO's Days Payable is ranked better than
61.92% of 927 companies
in the Media - Diversified industry
Industry Median: 82.44 vs PSO: 111.48

Pearson's Days Payable increased from Dec. 2022 (134.45) to Dec. 2023 (138.53). It may suggest that Pearson delayed paying its suppliers.

Pearson Days Payable Historical Data

The historical data trend for Pearson'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.

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Pearson Days Payable Chart

Pearson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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64.67

71.17

72.57

65.22

64.69

Pearson Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															146.30	152.84	134.45	128.86	138.53

Competitive Comparison of Pearson's Days Payable

For the Publishing subindustry, Pearson'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.

Pearson's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pearson's Days Payable distribution charts can be found below:

* The bar in red indicates where Pearson's Days Payable falls into.

Pearson 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.

Pearson's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (423.873	+	401.266)	/	2 )	/	2327.848	*	365
=	412.5695					/	2327.848	*	365
=	64.69

Pearson's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1287.879	+	401.266)	/	2 )	/	1112.658	*	365 / 2
=	844.5725					/	1112.658	*	365 / 2
=	138.53

Pearson Days Payable Related Terms

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Pearson (Pearson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pearson PLC (NYSE:PSO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PSORF:USA PSONl:UK PSON:UK PES:Germany PES:Germany PESA:Germany PES:Germany

Address

80 Strand, London, GBR, WC2R 0RL

Website

https://plc.pearson.com

U.K.-listed Pearson is the world's largest educational provider. The company has been disposing of noncore businesses such as the Financial Times, The Economist, and publishing house Penguin, and is now focused on being an educational resource and testing provider. While Pearson's primary activity centres on higher-level education, the firm also has significant operations in providing clinical assessments, professional certification and testing.