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Primo Water Corp (NAS:PRMW)
Days Payable
48.96 (As of Dec. 2015)

Primo Water Corp's payable for the three months ended in Dec. 2015 was $12.0 Mil. Primo Water Corp's cost of goods sold for the three months ended in Dec. 2015 was $22.4 Mil. Hence, Primo Water Corp's days payable for the three months ended in Dec. 2015 was 48.96.

PRMW' s Days Payable Range Over the Past 10 Years
Min: 25.95   Max: 59.66
Current: 47.34

25.95
59.66

During the past 8 years, Primo Water Corp's highest Days Payable was 59.66. The lowest was 25.95. And the median was 52.82.

PRMW's Days Payable is ranked higher than
50% of the 78 Companies
in the Global Beverages - Soft Drinks industry.

( Industry Median: 47.34 vs. PRMW: 47.34 )

Primo Water Corp's days payable declined from Dec. 2014 (51.28) to Dec. 2015 (48.96). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11.994/92.476*365
=47.34

Primo Water Corp's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11.994/22.356*365 / 4
=48.96

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Primo Water Corp Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.0032.0725.9550.7254.9259.6658.4258.1547.34

Primo Water Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 72.4969.1475.4683.1756.1151.2853.1564.1649.7848.96
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