PMNT (Perfect Moment) Days Payable : 232.63 (As of Jun. 2024)

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What is Perfect Moment Days Payable?

Perfect Moment's average Accounts Payable for the three months ended in Jun. 2024 was $1.58 Mil. Perfect Moment's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.62 Mil. Hence, Perfect Moment's Days Payable for the three months ended in Jun. 2024 was 232.63.

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

PMNT' s Days Payable Range Over the Past 10 Years
Min: 29.61 Med: 37.6 Max: 47.78
Current: 43.04

During the past 5 years, Perfect Moment's highest Days Payable was 47.78. The lowest was 29.61. And the median was 37.60.

PMNT's Days Payable is ranked worse than
60.61% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.02 vs PMNT: 43.04

Perfect Moment's Days Payable increased from Jun. 2023 (211.26) to Jun. 2024 (232.63). It may suggest that Perfect Moment delayed paying its suppliers.

Perfect Moment Days Payable Historical Data

The historical data trend for Perfect Moment'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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Perfect Moment Days Payable Chart

Perfect Moment Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

29.61

37.60

47.78

43.06

34.47

Perfect Moment Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial							211.26	48.35	28.03	51.33	232.63

Competitive Comparison of Perfect Moment's Days Payable

For the Apparel Manufacturing subindustry, Perfect Moment'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.

Perfect Moment's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Perfect Moment's Days Payable distribution charts can be found below:

* The bar in red indicates where Perfect Moment's Days Payable falls into.

Perfect Moment 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.

Perfect Moment's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1.289	+	1.584)	/	2 )	/	15.212	*	365
=	1.4365					/	15.212	*	365
=	34.47

Perfect Moment's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1.584	+	1.567)	/	2 )	/	0.618	*	365 / 4
=	1.5755					/	0.618	*	365 / 4
=	232.63

Perfect Moment Days Payable Related Terms

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Perfect Moment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Perfect Moment Ltd (AMEX:PMNT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

307 Canalot Studios, 222 Kensal Road, London, GBR, W10 5BN

Website

https://www.perfectmoment.com

Perfect Moment Ltd is a company which is a luxury lifestyle brand that combines fashion and technical performance for its ranges of skiwear, outerwear, swimwear and activewear. They operate at the intersection of luxury fashion and multi-channel commerce. Although the Company is organized fundamentally as one business segment which is product sales, the Company's revenues are primarily split between three geographic areas which are the US, Europe and the UK.