Prefab (BSE:PREH) Days Payable: 71.04 (As of Jun. 2024)

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Charlie Tian
Founder & CEO of GuruFocus
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BSE:PREH Prefab SA BSE:PREH
8 GF Score
Price lei2.38
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What is Prefab Days Payable?

Prefab BSE:PREH 8 Days Payable is 71.04 as of Jun. 2024. GuruFocus rates BSE:PREH with a GF Score™ of 8/100.

Prefab's average Accounts Payable for the six months ended in Jun. 2024 was lei12.7 Mil. Prefab's Cost of Goods Sold for the six months ended in Jun. 2024 was lei32.7 Mil. Hence, Prefab's Days Payable for the six months ended in Jun. 2024 was 71.04.

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

BSE:PREH's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.55
* Ranked among companies with meaningful Days Payable only.

Prefab's Days Payable increased from Jun. 2023 (50.17) to Jun. 2024 (71.04). It may suggest that Prefab delayed paying its suppliers.


Prefab Days Payable Historical Data

* Premium members only.

The historical data trend for Prefab'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.

Prefab Days Payable Chart

Prefab Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.19 97.21 70.59 69.81 35.94

Prefab Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 96.90 34.89 50.17 41.40 71.04

BSE:PREH vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Prefab'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.


Prefab Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Prefab's Days Payable distribution charts can be found below:

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


BSE:PREH
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Prefab SA BSE:PREH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Prefab 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.

Prefab'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
=( (9.429 + 11.236) / 2 ) / 104.934*365
=10.3325 / 104.934*365
=35.94

Prefab's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (11.236 + 14.253) / 2 ) / 32.739*365 / 2
=12.7445 / 32.739*365 / 2
=71.04

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 71.04 mean?
Prefab (BSE:PREH) has a Days Payable of 71.04 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Prefab and its competitors.
Is Prefab's Days Payable too high?
Prefab's current Days Payable is 71.04. The Construction industry median Days Payable is 76.55. Prefab's value of 71.04 is 7.2% below this industry median. Overall, Prefab has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Prefab's Days Payable compare to TT and JCI?
Prefab's Days Payable of 71.04 can be compared against companies in the Construction industry. The industry median Days Payable is 76.55. Prefab's value of 71.04 is 7.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.55, based on 1,716 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Prefab's current Days Payable of 71.04 is 7.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Prefab and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prefab's current Days Payable is 71.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prefab stock overvalued right now?
Prefab (BSE:PREH) has a current Days Payable of 71.04. The current Days Payable is 71.04 and 7.2% below the Construction industry median of 76.55. Prefab's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Prefab (BSE:PREH), the current Days Payable is 71.04 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prefab Business Description

Address Strada Dr. Iacob Felix, No. 17-19, 2nd Floor, Sector 1, Bucharest, ROU, 040286
Prefab SA is engaged in the production and sale of precast concrete products for the construction materials industry. Its product offerings include cellular and autoclaved concrete blocks, prestressed concrete tubes, prefabricated concrete elements for bridges and footbridges, fences, and others. Along with its subsidiaries, it also performs other activities such as execution of metal structures, execution of construction and assembly works, production of electrical and thermal energy, execution of wood and PVC joinery, goods transport activity, extraction and sorting of mineral aggregates from the Danube riverbed. The company generates key revenue from its autoclaved cellular concrete products business. Geographically, it derives key revenue from Romania followed by Bulgaria and Moldova.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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