Pollard Banknote (Pollard Banknote) Days Payable : 68.54 (As of Dec. 2023)

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What is Pollard Banknote Days Payable?

Pollard Banknote's average Accounts Payable for the three months ended in Dec. 2023 was $62.0 Mil. Pollard Banknote's Cost of Goods Sold for the three months ended in Dec. 2023 was $82.6 Mil. Hence, Pollard Banknote's Days Payable for the three months ended in Dec. 2023 was 68.54.

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

PBKOF' s Days Payable Range Over the Past 10 Years
Min: 44.57 Med: 55.34 Max: 80.13
Current: 70.5

During the past 13 years, Pollard Banknote's highest Days Payable was 80.13. The lowest was 44.57. And the median was 55.34.

PBKOF's Days Payable is ranked better than
54.61% of 749 companies
in the Travel & Leisure industry
Industry Median: 59.49 vs PBKOF: 70.50

Pollard Banknote's Days Payable declined from Dec. 2022 (71.34) to Dec. 2023 (68.54). It may suggest that Pollard Banknote accelerated paying its suppliers.

Pollard Banknote Days Payable Historical Data

The historical data trend for Pollard Banknote'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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Pollard Banknote Days Payable Chart

Pollard Banknote Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.29

59.60

69.73

82.40

77.90

Pollard Banknote 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															71.34	75.43	64.53	65.26	68.54

Competitive Comparison of Pollard Banknote's Days Payable

For the Gambling subindustry, Pollard Banknote'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.

Pollard Banknote's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's Days Payable distribution charts can be found below:

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

Pollard Banknote 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.

Pollard Banknote'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
=	( (69.533	+	68.747)	/	2 )	/	323.96	*	365
=	69.14					/	323.96	*	365
=	77.90

Pollard Banknote'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
=	( (55.316	+	68.747)	/	2 )	/	82.581	*	365 / 4
=	62.0315					/	82.581	*	365 / 4
=	68.54

Pollard Banknote Days Payable Related Terms

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Pollard Banknote (Pollard Banknote) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pollard Banknote Ltd (OTCPK:PBKOF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PBL:Canada

Address

140 Otter Street, Winnipeg, MB, CAN, R3T 0M8

Website

https://www.pollardbanknote.com

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has its geographic presence in Canada, United States and International. It generates majority of the revenue from United States .