Switch to:
GuruFocus has detected 6 Warning Signs with Primo Water Corp $PRMW.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Primo Water Corp (NAS:PRMW)
Days Payable
43.64 (As of Dec. 2016)

Primo Water Corp's payable for the three months ended in Dec. 2016 was $13.8 Mil. Primo Water Corp's cost of goods sold for the three months ended in Dec. 2016 was $28.8 Mil. Hence, Primo Water Corp's days payable for the three months ended in Dec. 2016 was 43.64.

PRMW' s Days Payable Range Over the Past 10 Years
Min: 25.95   Max: 59.66
Current: 50.23

25.95
59.66

During the past 9 years, Primo Water Corp's highest Days Payable was 59.66. The lowest was 25.95. And the median was 50.72.

PRMW's Days Payable is ranked higher than
52% of the 61 Companies
in the Global Beverages - Soft Drinks industry.

( Industry Median: 59.46 vs. PRMW: 50.23 )

Primo Water Corp's days payable declined from Dec. 2015 (48.96) to Dec. 2016 (43.64). It may suggest that Primo Water Corp accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Primo Water Corp's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.788/100.184*365
=50.23

Primo Water Corp's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.788/28.833*365 / 4
=43.64

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Primo Water Corp Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 0.0032.0725.9550.7254.9259.6658.4258.1547.3450.23

Primo Water Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 56.1151.2853.1564.1649.7848.9651.9365.9751.1943.64
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK