GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PennyMac Financial Services Inc (NYSE:PFSI) » Definitions » Days Payable

PFSI (PennyMac Financial Services) Days Payable : 97.25 (As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is PennyMac Financial Services Days Payable?

PennyMac Financial Services's average Accounts Payable for the three months ended in Dec. 2024 was $445 Mil. PennyMac Financial Services's Cost of Goods Sold for the three months ended in Dec. 2024 was $417 Mil. Hence, PennyMac Financial Services's Days Payable for the three months ended in Dec. 2024 was 97.25.

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

PFSI' s Days Payable Range Over the Past 10 Years
Min: 115.41   Med: 207.27   Max: 593.88
Current: 115.41

During the past 13 years, PennyMac Financial Services's highest Days Payable was 593.88. The lowest was 115.41. And the median was 207.27.

PFSI's Days Payable is ranked better than
77.42% of 31 companies
in the Banks industry
Industry Median: 37.92 vs PFSI: 115.41

PennyMac Financial Services's Days Payable declined from Dec. 2023 (142.89) to Dec. 2024 (97.25). It may suggest that PennyMac Financial Services accelerated paying its suppliers.


PennyMac Financial Services Days Payable Historical Data

The historical data trend for PennyMac Financial Services'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.

* Premium members only.

PennyMac Financial Services Days Payable Chart

PennyMac Financial Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.13 149.52 205.15 185.47 140.30

PennyMac Financial Services 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 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 142.89 156.87 98.72 94.39 97.25

Competitive Comparison of PennyMac Financial Services's Days Payable

For the Mortgage Finance subindustry, PennyMac Financial Services'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.


PennyMac Financial Services's Days Payable Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PennyMac Financial Services's Days Payable distribution charts can be found below:

* The bar in red indicates where PennyMac Financial Services's Days Payable falls into.



PennyMac Financial Services 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.

PennyMac Financial Services'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
=( (658.106 + 476.731) / 2 ) / 1476.219*365
=567.4185 / 1476.219*365
=140.30

PennyMac Financial Services'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
=( (412.552 + 476.731) / 2 ) / 417.2*365 / 4
=444.6415 / 417.2*365 / 4
=97.25

* 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.


PennyMac Financial Services Days Payable Related Terms

Thank you for viewing the detailed overview of PennyMac Financial Services's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


PennyMac Financial Services Business Description

Traded in Other Exchanges
N/A
Address
3043 Townsgate Road, Suite 200, Westlake Village, CA, USA, 91361
PennyMac Financial Services Inc is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. residential mortgage loans. The company operates through two segments: production and servicing. The production segment performs loan origination, acquisition and sale activities. The servicing segment performs loan servicing for newly originated loans.
Executives
David Spector director, officer: Chairman & CEO C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Doug Jones officer: Chief Mtge Bnkg Ofcr C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Derek Stark officer: Chief Legal Officer 4500 PARK GRANADA, CALABASAS CA 91302
James Follette officer: Chief Mort Fulfillment Off. PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Daniel Stanley Perotti officer: Chief Financial Officer C/O PENNYMAC, 6101 CONDOR DRIVE, MOORPARK CA 93021
Gregory L Hendry officer: MD, Chief Accounting Officer 3300 LAKE AVENUE, ALTADENA CA 91001
Steven Richard Bailey officer: Chief Servicing Officer C/O PENNYMAC, 6101 CONDOR DRIVE, MOORPARK CA 93021
James K Hunt director THL CREDIT GROUP, 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Anne Mccallion director C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Joseph F Mazzella director C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
William Herbert Chang officer: Chief Capital Markets Officer PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Patrick Kinsella director C/O PENNYMAC, 6101 CONDOR DRIVE, MOORPARK CA 93021
Donald J. White officer: Chief Risk Officer PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Vandad Fartaj officer: Chief Investment Officer C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Mfn Partners, Lp director 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116