P & F Industries (P & F Industries) Days Payable : 22.67 (As of Sep. 2023)

View and export this data going back to 1983. Start your Free Trial

What is P & F Industries Days Payable?

P & F Industries's average Accounts Payable for the three months ended in Sep. 2023 was $2.36 Mil. P & F Industries's Cost of Goods Sold for the three months ended in Sep. 2023 was $9.51 Mil. Hence, P & F Industries's Days Payable for the three months ended in Sep. 2023 was 22.67.

The historical rank and industry rank for P & F Industries's Days Payable or its related term are showing as below:

PFIN' s Days Payable Range Over the Past 10 Years
Min: 21.11 Med: 24.16 Max: 29.39
Current: 24.77

During the past 13 years, P & F Industries's highest Days Payable was 29.39. The lowest was 21.11. And the median was 24.16.

PFIN's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.415 vs PFIN: 24.77

P & F Industries's Days Payable declined from Sep. 2022 (25.45) to Sep. 2023 (22.67). It may suggest that P & F Industries accelerated paying its suppliers.

P & F Industries Days Payable Historical Data

The historical data trend for P & F Industries'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.

* Premium members only.

P & F Industries Days Payable Chart

P & F Industries Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

22.69

22.25

21.11

25.80

27.37

P & F Industries Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															25.45	32.07	24.24	18.45	22.67

Competitive Comparison of P & F Industries's Days Payable

For the Tools & Accessories subindustry, P & F Industries'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.

P & F Industries's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, P & F Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where P & F Industries's Days Payable falls into.

P & F Industries 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.

P & F Industries's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.92	+	3.094)	/	2 )	/	40.102	*	365
=	3.007					/	40.102	*	365
=	27.37

P & F Industries's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.958	+	2.767)	/	2 )	/	9.511	*	365 / 4
=	2.3625					/	9.511	*	365 / 4
=	22.67

P & F Industries Days Payable Related Terms

Thank you for viewing the detailed overview of P & F Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

P & F Industries (P & F Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » P & F Industries Inc (NAS:PFIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

445 Broadhollow Road, Suite 100, Melville, NY, USA, 11747

Website

https://www.pfina.com

P & F Industries Inc is engaged in the manufacturing and importing of air-powered tools. It derives key revenue from marketing its air tool products to four primary sectors within the Florida pneumatic tool market; Automotive being the highest revenue generator, retail, industrial, and aerospace market. The company also designs, manufactures, and sells a range of industrial tools, systems, gearing, accessories and a wide variety of replacement parts under the brands ATP, OZAT, Thaxton, Quality Gear, and Numatx.

Executives

Diamond A Partners L P	10 percent owner	59 CARMELITA AVENUE, MILL VALLEY CA 94941
Lawndale Capital Management Llc	10 percent owner	591 REDWOOD HIGHWAY, SUITE 2345, MILL VALLEY CA 94941
Richard Randall	director	C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Howard Brod Brownstein	director	441 EAST HECTOR STREET, SUITE 205, CONSHOHOCKEN PA 19428
Richard A Horowitz	director, 10 percent owner, officer: Principal Executive Officer	20596 LINKS CIRCLE, BOCA RATON FL 33434
Andrew E Shapiro	10 percent owner	591 REDWOOD HIGHWAY, SUITE 2345, MILL VALLEY CA 94941
Kenneth M Scheriff	director	2 JERICHO PLAZA, JERICHO NY 11753
Alan I Goldberg	director	111 PRESIDENTIAL BLVD, SUITE 101, BALA CYNWYD PA 19040
Robert M Steinberg	director	PARK AVENUE PLAZA, 55 EAST 52ND STREET, NEW YORK NY 10055
Article Fourth Trust U/w/o Linda Horowitz	10 percent owner	C/O RICHARD A. HOROWITZ, AS TRUSTEE, 90 WHEATLEY ROAD, OLD WESTBURY NY 11568
Dennis Kalick	director	80 CUTTERMILL ROAD, SUITE 401, GREAT NECK NY 11021
Robert Dubofsky	director	5 HARBOR WAY, KINGS POINT NY 11024
Sidney Horowitz	director	20596 LINKS CIRCLE, BOCA RATON FL 33434
Molino Joseph A Jr	officer: Vice President	300 SMITH STREET, FARMINGDALE NY 11735
Jeffrey D Franklin	director	ONE SEXTON ROAD, SOYOSSET NY 11791