PBI (Pitney Bowes) Days Payable : 222.90 (As of Dec. 2024)

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What is Pitney Bowes Days Payable?

Pitney Bowes's average Accounts Payable for the three months ended in Dec. 2024 was $546 Mil. Pitney Bowes's Cost of Goods Sold for the three months ended in Dec. 2024 was $224 Mil. Hence, Pitney Bowes's Days Payable for the three months ended in Dec. 2024 was 222.90.

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

PBI' s Days Payable Range Over the Past 10 Years
Min: 44.17 Med: 76.2 Max: 216.63
Current: 170.57

During the past 13 years, Pitney Bowes's highest Days Payable was 216.63. The lowest was 44.17. And the median was 76.20.

PBI's Days Payable is ranked better than
91.67% of 936 companies
in the Transportation industry
Industry Median: 35.89 vs PBI: 170.57

Pitney Bowes's Days Payable declined from Dec. 2023 (306.74) to Dec. 2024 (222.90). It may suggest that Pitney Bowes accelerated paying its suppliers.

Pitney Bowes Days Payable Historical Data

The historical data trend for Pitney Bowes'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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Pitney Bowes Days Payable Chart

Pitney Bowes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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44.71

44.17

85.97

212.09

216.63

Pitney Bowes Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															306.74	134.61	141.00	348.66	222.90

Competitive Comparison of Pitney Bowes's Days Payable

For the Integrated Freight & Logistics subindustry, Pitney Bowes'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.

Pitney Bowes's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pitney Bowes's Days Payable distribution charts can be found below:

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

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Pitney Bowes 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.

Pitney Bowes'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
=	( (829.419	+	239.74)	/	2 )	/	900.698	*	365
=	534.5795					/	900.698	*	365
=	216.63

Pitney Bowes's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (852.566	+	239.74)	/	2 )	/	223.583	*	365 / 4
=	546.153					/	223.583	*	365 / 4
=	222.90

Pitney Bowes Days Payable Related Terms

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Pitney Bowes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pitney Bowes Inc (NYSE:PBI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PBW:Germany PBI:Argentina

Address

3001 Summer Street, Stamford, CT, USA, 06926

Website

https://www.pitneybowes.com

Pitney Bowes Inc is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the globe. The company's reportable segments are SendTech Solutions and Presort Services. SendTech Solutions includes the revenue and related expenses from physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats. Presort Services includes the revenue and related expenses from sortation services to qualify large volumes of First Class Mail, Marketing Mail and Marketing Mail Flats/Bound Printed Matter for postal worksharing discounts. It derives maximum revenue from SendTech Solutions.

Executives

Kurt James Wolf	director	175 BRICKYARD ROAD, ADAMS TOWNSHIP PA 16046
James Arthur Fairweather	officer: EVP & Chief Innovation Officer	3001 SUMMER ST, STAMFORD CT 06926
Deborah Pfeiffer	officer: President, Presort Services	3001 SUMMER ST, STAMFORD CT 06926
Christopher Johnson	officer: SVP & President, GFS	3001 SUMMER ST, STAMFORD CT 06926
Andrew Robert Gold	officer: SVP, Chief HR Officer	3001 SUMMER ST, STAMFORD CT 06926
Joseph Schmitt	officer: SVP, Chief Information Officer	3001 SUMMER ST, STAMFORD CT 06926
Shemin Nurmohamed	officer: President, SendTech Solutions	3001 SUMMER ST, STAMFORD CT 06926
Todd A. Everett	director	2700 VIA FORTUNA, SUITE 300, AUSTIN TX 78746
Milena Alberti-perez	director	8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Katie May	director	1990 E. GRAND AVE., EL SEGUNDO CA 90245
Steven Brill	director	3001 SUMMER ST, STAMFORD CT 06926
James Darrell Thomas	director	3700 JUNEAU AVENUE, MILWAUKEE WI 53208
Sheila A Stamps	director	C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039
Mary Guilfoile	director	227 WASHINGTON STREET STE.200, CONSHOHOCKEN PA 19428
Daniel J Goldstein	officer: EVP/Chief Legal & Compliance	1 ELMCROFT ROAD, STAMFORD CT 06926