Pitney Bowes (BUE:PBI) Days Payable : 82.31 (As of Dec. 2023)

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What is Pitney Bowes Days Payable?

Pitney Bowes's average Accounts Payable for the three months ended in Dec. 2023 was ARS189,839 Mil. Pitney Bowes's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS210,456 Mil. Hence, Pitney Bowes's Days Payable for the three months ended in Dec. 2023 was 82.31.

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

BUE:PBI' s Days Payable Range Over the Past 10 Years
Min: 44.17 Med: 56.93 Max: 100.54
Current: 100.54

During the past 13 years, Pitney Bowes's highest Days Payable was 100.54. The lowest was 44.17. And the median was 56.93.

BUE:PBI's Days Payable is ranked better than
82.92% of 931 companies
in the Transportation industry
Industry Median: 39.47 vs BUE:PBI: 100.54

Pitney Bowes's Days Payable increased from Dec. 2022 (69.88) to Dec. 2023 (82.31). It may suggest that Pitney Bowes delayed paying its suppliers.

Pitney Bowes Days Payable Historical Data

The historical data trend for Pitney Bowes'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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Pitney Bowes Days Payable Chart

Pitney Bowes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.64

38.91

39.99

38.13

35.89

Pitney Bowes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															69.88	87.46	129.60	117.80	82.31

Competitive Comparison of Pitney Bowes's Days Payable

For the Integrated Freight & Logistics subindustry, Pitney Bowes'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.

Pitney Bowes's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pitney Bowes's Days Payable distribution charts can be found below:

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

Pitney Bowes 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.

Pitney Bowes'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
=	( (52868.594	+	101955.425)	/	2 )	/	787344.611	*	365
=	77412.0095					/	787344.611	*	365
=	35.89

Pitney Bowes'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (277723.477	+	101955.425)	/	2 )	/	210455.78	*	365 / 4
=	189839.451					/	210455.78	*	365 / 4
=	82.31

Pitney Bowes Days Payable Related Terms

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Pitney Bowes (BUE:PBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pitney Bowes Inc (BUE:PBI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PBI:USA PBW:Germany

Address

3001 Summer Street, Stamford, CT, USA, 06926

Website

https://www.pitneybowes.com

Pitney Bowes is a Global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: Global e-commerce, presort services, and SendTech Solutions. The company generates majority of its revenue from United States.