PMEC (Primech Holdings) Days Payable: 59.21 (As of Sep. 2025) — Near Median

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PMEC Primech Holdings Ltd PMEC
25 GF Score
Price $0.62
! 5 Warning Signs
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What is Primech Holdings Days Payable?

Primech Holdings PMEC -0.19% 25 Days Payable is 59.21 as of Sep. 2025, which is 6% above its 10-year median of 55.80. GuruFocus rates PMEC with a GF Score™ of 25/100. The stock has 5 warning signs investors should review. Among 945 Business Services companies, Primech Holdings ranks better than 61.48% on this metric.

Primech Holdings's average Accounts Payable for the six months ended in Sep. 2025 was $10.60 Mil. Primech Holdings's Cost of Goods Sold for the six months ended in Sep. 2025 was $32.69 Mil. Hence, Primech Holdings's Days Payable for the six months ended in Sep. 2025 was 59.21.

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

PMEC' s Days Payable Range Over the Past 10 Years
Min: 40.36   Med: 55.8   Max: 63.39
Current: 62.14

During the past 6 years, Primech Holdings's highest Days Payable was 63.39. The lowest was 40.36. And the median was 55.80.

PMEC's Days Payable is ranked better than
61.48% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs PMEC: 62.14

Primech Holdings's Days Payable increased from Sep. 2024 (56.67) to Sep. 2025 (59.21). It may suggest that Primech Holdings delayed paying its suppliers.


Primech Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Primech Holdings'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.

Primech Holdings Days Payable Chart

Primech Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial 51.56 57.70 54.30 57.30 63.39

Primech Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.03 57.61 56.67 66.36 59.21

PMEC vs WBQNL, SFRX, KUBR: Days Payable Comparison

For the Specialty Business Services subindustry, Primech Holdings'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.


Primech Holdings Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Primech Holdings's Days Payable distribution charts can be found below:

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


PMEC
25GF Score
Primech Holdings Ltd PMEC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Primech Holdings 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.

Primech Holdings's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (9.406 + 10.33) / 2 ) / 56.823*365
=9.868 / 56.823*365
=63.39

Primech Holdings's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (10.33 + 10.879) / 2 ) / 32.687*365 / 2
=10.6045 / 32.687*365 / 2
=59.21

* 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 59.21 mean?
Primech Holdings (PMEC) has a Days Payable of 59.21 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Primech Holdings and its competitors. This is near median its historical median of 55.80. Over the past decade, Primech Holdings' Days Payable has ranged from 40.36 to 63.39. According to the industry distribution chart, Primech Holdings ranks #364 out of 945 companies in the Business Services industry, placing it in the top 38.5%.
Is Primech Holdings' Days Payable too high?
Primech Holdings' current Days Payable of 59.21 is near median its 10-year median of 55.80. Over the past 10 years, this metric has ranged from a low of 40.36 to a high of 63.39. The Business Services industry median Days Payable is 46.11. Primech Holdings' value of 59.21 is 28.4% above this industry median. Based on the distribution chart, Primech Holdings ranks #364 out of 945 companies in the Business Services industry, which is above the industry midpoint. Overall, Primech Holdings has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Primech Holdings' Days Payable compare to WBQNL and SFRX?
According to the Business Services industry distribution chart, Primech Holdings ranks #364 out of 945 companies for Days Payable. This puts Primech Holdings in the upper half of its industry. The industry median Days Payable is 46.11. Primech Holdings' value of 59.21 is 28.4% above this benchmark. Historically, Primech Holdings' own Days Payable has ranged from 40.36 to 63.39 over the past decade. While the company's 10-year median is 55.80 vs. the industry median of 46.11, Primech Holdings 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. Primech Holdings's current Days Payable of 59.21 is 28.4% 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 Primech Holdings and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primech Holdings's current Days Payable is 59.21, which is near median its own 10-year median of 55.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primech Holdings stock overvalued right now?
Primech Holdings (PMEC) has a current Days Payable of 59.21. The current Days Payable is 59.21, which is near median its 10-year median of 55.80 and 28.4% above the Business Services industry median of 46.11. Primech Holdings' overall GF Score™ is 25/100 with 5 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 Primech Holdings (PMEC), the current Days Payable is 59.21 as of Sep. 2025. 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.

Primech Holdings Business Description

Address 23 Ubi Crescent, Singapore, SGP, 408579
Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.
25GF Score

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