PRA Group (PRA Group) Days Payable : 5.50 (As of Dec. 2023)

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What is PRA Group Days Payable?

PRA Group's average Accounts Payable for the three months ended in Dec. 2023 was $6.2 Mil. PRA Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $103.6 Mil. Hence, PRA Group's Days Payable for the three months ended in Dec. 2023 was 5.50.

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

PRAA' s Days Payable Range Over the Past 10 Years
Min: 3.9 Med: 5.79 Max: 14.99
Current: 5.66

During the past 13 years, PRA Group's highest Days Payable was 14.99. The lowest was 3.90. And the median was 5.79.

PRAA's Days Payable is ranked worse than
87.19% of 281 companies
in the Credit Services industry
Industry Median: 48.71 vs PRAA: 5.66

PRA Group's Days Payable declined from Dec. 2022 (6.84) to Dec. 2023 (5.50). It may suggest that PRA Group accelerated paying its suppliers.

PRA Group Days Payable Historical Data

The historical data trend for PRA Group'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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PRA Group Days Payable Chart

PRA Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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6.10

3.99

3.90

5.71

6.24

PRA Group 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															6.84	5.33	5.61	5.67	5.50

Competitive Comparison of PRA Group's Days Payable

For the Credit Services subindustry, PRA Group'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.

PRA Group's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PRA Group's Days Payable distribution charts can be found below:

* The bar in red indicates where PRA Group's Days Payable falls into.

PRA Group 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.

PRA Group'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
=	( (7.329	+	6.325)	/	2 )	/	399.462	*	365
=	6.827					/	399.462	*	365
=	6.24

PRA Group'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
=	( (6.159	+	6.325)	/	2 )	/	103.615	*	365 / 4
=	6.242					/	103.615	*	365 / 4
=	5.50

PRA Group Days Payable Related Terms

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PRA Group (PRA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PRA Group Inc (NAS:PRAA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

POV1:Germany

Address

120 Corporate Boulevard, Norfolk, VA, USA, 23502

Website

https://www.pragroup.com

PRA Group Inc is a leader in acquiring and collecting nonperforming loans. The company returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe, and Australia. With thousands of employees worldwide, PRA Group collaborate with customers to help them resolve their debt.

Executives

Rakesh Sehgal	officer: Chief Financial Officer	150 CORPORATE BLVD, NORFOLK VA 23502
Steven D Fredrickson	director, officer: President, CEO, Chairman	120 CORPORATE BLVD STE 100, NORFOLK VA 23502
Marjorie Mary Connelly	director	2580 PALMER DR, KESWICK VA 22947
Vikram A Atal	director	C/O THE STUDENT LOAN CORP. LEGAL DEPT., 750 WASHINGTON BLVD. 9TH FLOOR, STAMFORD CT 06901
Richard Owen James	officer: Global Investments Officer	150 CORPORATE BLVD, NORFOLK VA 23502
Steven C Roberts	officer: Chief Global Strategy Bus Dev	120 CORPORATE BLVD, NORFOLK VA 23502
Latisha Owens Tarrant	officer: General Counsel & CHRO	150 CORPORATE BLVD, NORFOLK VA 23502
Kevin P Stevenson	officer: EVP, CFO, Treasurer, Asst Secy	120 CORPORATE BLVD STE 100, NORFOLK VA 23502
Peter M Graham	officer: EVP, Chief Financial Officer	150 CORPORATE BLVD, NORFOLK VA 23502
John H Fain	director	REFLECTIONS II, THIRD FLOOR 200 GOLDEN OAK COURT, VIRGINIA BEACH VA 23452
Laura White	officer: Chief Compliance Officer	120 CORPORATE BLVD, NORFOLK VA 23502
Christopher B Graves	officer: EVP, Core Acquisitions	150 CORPORATE BOULEVARD, NORFOLK VA 23502
Christopher D. Lagow	officer: SVP- General Counsel	150 CORPORATE BLVD, NORFOLK VA 23502
Peggy P. Turner	director	6565 HEADQUARTERS DRIVE, PLANO TX 75024
Martin Sjolund	officer: Dir Europe Strategy & Bus Dev	3 EDDISCOMBE RD, LONDON X0 SW6 4TZ