Premier Investments (ASX:PMV) Days Payable : 58.03 (As of Jan. 2024)

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What is Premier Investments Days Payable?

Premier Investments's average Accounts Payable for the six months ended in Jan. 2024 was A$102 Mil. Premier Investments's Cost of Goods Sold for the six months ended in Jan. 2024 was A$321 Mil. Hence, Premier Investments's Days Payable for the six months ended in Jan. 2024 was 58.03.

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

ASX:PMV' s Days Payable Range Over the Past 10 Years
Min: 29.6 Med: 36.59 Max: 73.99
Current: 73.99

During the past 13 years, Premier Investments's highest Days Payable was 73.99. The lowest was 29.60. And the median was 36.59.

ASX:PMV's Days Payable is ranked better than
61.69% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs ASX:PMV: 73.99

Premier Investments's Days Payable declined from Jan. 2023 (64.75) to Jan. 2024 (58.03). It may suggest that Premier Investments accelerated paying its suppliers.

Premier Investments Days Payable Historical Data

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

Premier Investments Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

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29.60

40.35

51.66

48.80

35.75

Premier Investments Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable	Get a 7-Day Free Trial															82.66	78.05	64.75	70.45	58.03

Competitive Comparison of Premier Investments's Days Payable

For the Apparel Retail subindustry, Premier Investments'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 Investments's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Premier Investments's Days Payable distribution charts can be found below:

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

Premier Investments 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 Investments's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (64.873	+	56.779)	/	2 )	/	621.011	*	365
=	60.826					/	621.011	*	365
=	35.75

Premier Investments's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (56.779	+	147.328)	/	2 )	/	320.925	*	365 / 2
=	102.0535					/	320.925	*	365 / 2
=	58.03

Premier Investments Days Payable Related Terms

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Premier Investments (ASX:PMV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Premier Investments Ltd (ASX:PMV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

417 St Kilda Road, Level 7, Melbourne, VIC, AUS, 3004

Website

https://www.premierinvestments.com.au

Premier Investments is an Australian company that operates six speciality retail fashion chains in the speciality retail fashion markets in Australia and New Zealand. It also operates the unique Smiggle brand, retailing children's stationery in Australia and overseas markets. Premier Investments has a separate business division that focuses on investment in listed securities and money market deposits.

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