GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pioneer Power Solutions Inc (NAS:PPSI) » Definitions » Days Payable

PPSI (Pioneer Power Solutions) Days Payable : 44.50 (As of Mar. 2025)


View and export this data going back to 2013. Start your Free Trial

What is Pioneer Power Solutions Days Payable?

Pioneer Power Solutions's average Accounts Payable for the three months ended in Mar. 2025 was $3.22 Mil. Pioneer Power Solutions's Cost of Goods Sold for the three months ended in Mar. 2025 was $6.59 Mil. Hence, Pioneer Power Solutions's Days Payable for the three months ended in Mar. 2025 was 44.50.

The historical rank and industry rank for Pioneer Power Solutions's Days Payable or its related term are showing as below:

PPSI' s Days Payable Range Over the Past 10 Years
Min: 49.75   Med: 77.14   Max: 276.64
Current: 116.17

During the past 13 years, Pioneer Power Solutions's highest Days Payable was 276.64. The lowest was 49.75. And the median was 77.14.

PPSI's Days Payable is ranked better than
67.37% of 2945 companies
in the Industrial Products industry
Industry Median: 79.9 vs PPSI: 116.17

Pioneer Power Solutions's Days Payable declined from Mar. 2024 (119.94) to Mar. 2025 (44.50). It may suggest that Pioneer Power Solutions accelerated paying its suppliers.


Pioneer Power Solutions Days Payable Historical Data

The historical data trend for Pioneer Power Solutions'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.

Pioneer Power Solutions Days Payable Chart

Pioneer Power Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.37 65.98 60.99 149.74 49.75

Pioneer Power Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.94 89.44 78.13 - 44.50

Competitive Comparison of Pioneer Power Solutions's Days Payable

For the Electrical Equipment & Parts subindustry, Pioneer Power Solutions'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.


Pioneer Power Solutions's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pioneer Power Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Pioneer Power Solutions's Days Payable falls into.


;
;

Pioneer Power Solutions 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.

Pioneer Power Solutions's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1.68 + 3.054) / 2 ) / 17.365*365
=2.367 / 17.365*365
=49.75

Pioneer Power Solutions's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (3.054 + 3.376) / 2 ) / 6.592*365 / 4
=3.215 / 6.592*365 / 4
=44.50

* 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.


Pioneer Power Solutions Days Payable Related Terms

Thank you for viewing the detailed overview of Pioneer Power Solutions's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Pioneer Power Solutions Business Description

Traded in Other Exchanges
N/A
Address
400 Kelby Street, 12th Floor, One Parker Plaza, Fort Lee, NJ, USA, 07024
Pioneer Power Solutions Inc designs, manufactures, integrates, services, and sells distributed energy resources, on-site and mobile power generation equipment, and a platform of mobile electric vehicle (EV) charging solutions.. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets.
Executives
Wojciech Michalec officer: Interim CFO 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
Ian Ross director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Nathan Mazurek 10 percent owner, officer: President, CEO, Chairman C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Kytchener Stevenson Whyte director 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
A. Lawrence Carroll Trust 10 percent owner 415 L'AMBIANCE DRIVE, APT. 804, LONGBOAT KEY FL 34228
David Tesler director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Jonathan Tulkoff director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Thomas Klink director, officer: See Remarks 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Andrew Minkow director, officer: CFO, Secretary and Treasurer 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Yossi Cohn director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
David J. Landes director, 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Pioneer Partners, L.p. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Canada Corp. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024