PREC (Prestige Cars International) Days Payable: 0.00 (As of Sep. 2023)


What is Prestige Cars International Days Payable?

Prestige Cars International PREC Days Payable is 0.00 as of Sep. 2023.

Prestige Cars International's average Accounts Payable for the six months ended in Sep. 2023 was $0.29 Mil. Prestige Cars International's Cost of Goods Sold for the six months ended in Sep. 2023 was $0.00 Mil.

The historical rank and industry rank for Prestige Cars International's Days Payable or its related term are showing as below:

PREC's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.12
* Ranked among companies with meaningful Days Payable only.

Prestige Cars International's Days Payable stayed the same from . 20 (0.00) to Sep. 2023 (0.00).

Prestige Cars International Days Payable Historical Data

* Premium members only.

The historical data trend for Prestige Cars International'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.

Prestige Cars International Days Payable Chart

Prestige Cars International Annual Data
Trend
Days Payable

Prestige Cars International Semi-Annual Data
Sep22 Sep23
Days Payable 0.00 0.00

PREC vs NCNCF, ZAPPF, OMTK: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Prestige Cars International'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.

Prestige Cars International Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Prestige Cars International's Days Payable distribution charts can be found below:

* The bar in red indicates where Prestige Cars International's Days Payable falls into.


Prestige Cars International 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.

Prestige Cars International's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Prestige Cars International's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0.293) / 1 ) / 0*365 / 2
=0.293 / 0*365 / 2
=N/A

* 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 0.00 mean?
Prestige Cars International (PREC) has a Days Payable of 0.00 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Prestige Cars International and its competitors.
Is Prestige Cars International's Days Payable too high?
Prestige Cars International's current Days Payable is 0.00.
How does Prestige Cars International's Days Payable compare to NCNCF and ZAPPF?
Prestige Cars International's Days Payable of 0.00 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.12. 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. 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 Prestige Cars International and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prestige Cars International's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prestige Cars International stock overvalued right now?
Prestige Cars International (PREC) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Prestige Cars International (PREC), the current Days Payable is 0.00 as of Sep. 2023. 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.

Prestige Cars International Business Description

Address 1013 West Sunrise boulevard, Fort Lauderdale, FL, USA, 33311
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles new and used and their parts world wide. The business of the company is conducted through its showroom and via the internet. The Company specializes in current and vintage Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rovers. The Company services both the B2B and B2C automotive space.