Premier Group (JSE:PMR) Days Payable: 63.46 (As of Mar. 2026) — 43% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:PMR Premier Group Ltd JSE:PMR
58 GF Score
Price R177.75
GF Value R151.61
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Premier Group Days Payable?

Premier Group JSE:PMR -1.59% 58 Days Payable is 63.46 as of Mar. 2026, which is 43% above its 10-year median of 44.53. GuruFocus rates JSE:PMR with a GF Score™ of 58/100 and a GF Value™ of R151.61 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 304 Retail - Defensive companies, Premier Group ranks better than 69.74% on this metric.

Premier Group's average Accounts Payable for the six months ended in Mar. 2026 was R2,399 Mil. Premier Group's Cost of Goods Sold for the six months ended in Mar. 2026 was R6,899 Mil. Hence, Premier Group's Days Payable for the six months ended in Mar. 2026 was 63.46.

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

JSE:PMR' s Days Payable Range Over the Past 10 Years
Min: 40.93   Med: 44.53   Max: 63.37
Current: 58.3

During the past 5 years, Premier Group's highest Days Payable was 63.37. The lowest was 40.93. And the median was 44.53.

JSE:PMR's Days Payable is ranked better than
69.74% of 304 companies
in the Retail - Defensive industry
Industry Median: 43.755 vs JSE:PMR: 58.30

Premier Group's Days Payable increased from Mar. 2025 (46.31) to Mar. 2026 (63.46). It may suggest that Premier Group delayed paying its suppliers.


Premier Group Days Payable Historical Data

* Premium members only.

The historical data trend for Premier 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.

Premier Group Days Payable Chart

Premier Group Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
42.52 40.93 46.89 44.53 63.37

Premier Group Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 45.37 46.27 46.31 47.75 63.46

JSE:PMR vs KR, SFM: Days Payable Comparison

For the Grocery Stores subindustry, Premier 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.


Premier Group Days Payable vs Retail - Defensive Industry

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

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


JSE:PMR
58GF Score
Premier Group Ltd JSE:PMR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier 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.

Premier Group's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1684.468 + 3013.452) / 2 ) / 13529.193*365
=2348.96 / 13529.193*365
=63.37

Premier Group's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1784.621 + 3013.452) / 2 ) / 6899.108*365 / 2
=2399.0365 / 6899.108*365 / 2
=63.46

* 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 63.46 mean?
Premier Group (JSE:PMR) has a Days Payable of 63.46 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Premier Group and its competitors. This is 43% above median its historical median of 44.53. Over the past decade, Premier Group's Days Payable has ranged from 40.93 to 63.37. According to the industry distribution chart, Premier Group ranks #92 out of 304 companies in the Retail - Defensive industry, placing it in the top 30.3%.
Is Premier Group's Days Payable too high?
Premier Group's current Days Payable of 63.46 is 43% above median its 10-year median of 44.53. Over the past 10 years, this metric has ranged from a low of 40.93 to a high of 63.37. The Retail - Defensive industry median Days Payable is 43.76. Premier Group's value of 63.46 is 45% above this industry median. Based on the distribution chart, Premier Group ranks #92 out of 304 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Premier Group has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Group's Days Payable compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Premier Group ranks #92 out of 304 companies for Days Payable. This puts Premier Group in the upper half of its industry. The industry median Days Payable is 43.76. Premier Group's value of 63.46 is 45% above this benchmark. Historically, Premier Group's own Days Payable has ranged from 40.93 to 63.37 over the past decade. While the company's 10-year median is 44.53 vs. the industry median of 43.76, Premier Group has consistently been above the industry average. 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.76, based on 304 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. Premier Group's current Days Payable of 63.46 is 45% above 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 Premier Group and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Group's current Days Payable is 63.46, which is 43% above median its own 10-year median of 44.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Group stock overvalued right now?
Based on GuruFocus' analysis, Premier Group (JSE:PMR) is currently considered Modestly Overvalued. The stock's GF Value™ is R151.61, compared to a current price of R177.75 — trading 17.2% above its estimated fair value. The current Days Payable is 63.46, which is 43% above median its 10-year median of 44.53 and 45% above the Retail - Defensive industry median of 43.76. Premier Group's overall GF Score™ is 58/100 with 4 warning signs to review. 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 Premier Group (JSE:PMR), the current Days Payable is 63.46 as of Mar. 2026. 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.

Is Premier Group (JSE:PMR) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Group stock appears to be overvalued. The current stock price of R177.75 is trading 17.2% above its estimated GF Value™ of R151.61. GuruFocus considers Premier Group to be Modestly Overvalued.

Key valuation signals for JSE:PMR:

  • Days Payable: 63.46 (43% above median its 10-year median of 44.53)
  • GF Value™: R151.61 vs. price of R177.75 (17.2% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 45% above the Retail - Defensive median (#92 of 304)

No single metric tells the full story. See the JSE:PMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Premier Group Business Description

Address Maxwell Office Park, Building 5, Magwa Crescent West, Isando, ZAF, 1600
Premier Group Ltd is engaged in the manufacturing and distribution of staple milling and baking products, confectionery and home and personal care (HPC) products. The company is organized into two segments Millbake and Groceries and International. It derives maximum revenue from Millbake segment.
58GF Score

Get the complete analysis for JSE:PMR

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R177.75
Price
R151.61
GF Value