Premier Exhibitions (Premier Exhibitions) Days Payable : 96.31 (As of Aug. 2015)

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What is Premier Exhibitions Days Payable?

Premier Exhibitions's average Accounts Payable for the three months ended in Aug. 2015 was $5.97 Mil. Premier Exhibitions's Cost of Goods Sold for the three months ended in Aug. 2015 was $5.66 Mil. Hence, Premier Exhibitions's Days Payable for the three months ended in Aug. 2015 was 96.31.

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

PRXIQ's Days Payable is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 60.1
* Ranked among companies with meaningful Days Payable only.

Premier Exhibitions's Days Payable increased from Aug. 2014 (86.24) to Aug. 2015 (96.31). It may suggest that Premier Exhibitions delayed paying its suppliers.

Premier Exhibitions Days Payable Historical Data

The historical data trend for Premier Exhibitions'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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Premier Exhibitions Days Payable Chart

Premier Exhibitions Annual Data

Trend

Feb06

Feb07

Feb08

Feb09

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Days Payable

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36.75

27.84

27.00

35.54

Premier Exhibitions Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Days Payable	Get a 7-Day Free Trial															86.24	83.84	51.09	73.30	96.31

Competitive Comparison of Premier Exhibitions's Days Payable

For the Leisure subindustry, Premier Exhibitions'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.

Premier Exhibitions's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Premier Exhibitions's Days Payable distribution charts can be found below:

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

Premier Exhibitions 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.

Premier Exhibitions's Days Payable for the fiscal year that ended in Feb. 2015 is calculated as

	Days Payable (A: Feb. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2014 )	+	Accounts Payable (A: Feb. 2015 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2015 )	*	Days in Period
=	( (1.153	+	2.7)	/	2 )	/	19.784	*	365
=	1.9265					/	19.784	*	365
=	35.54

Premier Exhibitions's Days Payable for the quarter that ended in Aug. 2015 is calculated as:

	Days Payable (Q: Aug. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2015 )	+	Accounts Payable (Q: Aug. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2015 )	*	Days in Period
=	( (6.151	+	5.788)	/	2 )	/	5.656	*	365 / 4
=	5.9695					/	5.656	*	365 / 4
=	96.31

Premier Exhibitions Days Payable Related Terms

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Premier Exhibitions (Premier Exhibitions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Premier Exhibitions Inc (OTCPK:PRXIQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3045 Kingston Court, Suite I, Peachtree Corners, GA, USA, 30071

Website

http://www.prxi.com

Premier Exhibitions Inc is engaged in providing leisure services. It develops and sets up tourism-related exhibitions for the purpose of education and entertainment. The company's exhibitions present opportunities to experience compelling stories using authentic objects and artifacts in diverse environments. Its exhibitions are presented in museums, exhibition centers, and other entertainment venues. The company's services include content development, exhibit design, brand development, space planning and detailed fabrication drawings. It also offers merchandising services.

Executives

Alta Fundamental Advisers Llc	10 percent owner	1500 BROADWAY, SUITE 704, NEW YORK NY 10036
Sellers Capital Llc	other: See Remarks	311 S WACKER DR STE 925 CHICAGO IL 60606
Sellers Capital Master Fund, Ltd.	other: See Remarks	C/O M&C CORPORATE SERVICES, UGLAND HOUSE S. CHURCH ST, PO BOX 309 GT GEORGE TOWN, GRAND CAYMAN E9 CAYMAN
Mark A Sellers	other: See Remarks	SELLERS CAPITAL 161 N CLARK ST STE 4700 CHICAGO IL 60601
Mingcheng Tao	director	3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Jack H Jacobs	director	101 OAKS ROAD, MILLINGTON NJ 07946
Richard Kraniak	director
Mark Mcgowan	director	C/O COMBIMATRIX CORPORATION, 6500 HARBOUR HEIGHTS PARKWAY, SUITE 303, MUKILTEO WA 98275
Bruce David Eskowitz	director, officer: President and CEO	202 N. CRESCENT DRIVE #1, BEVERLY HILLS CA 96210
Joseph B Marsh	10 percent owner	605 SURFSIDE DRIVE AKRON OH 44317