PREM (Premier Air Charter Holdings) Days Payable: 0.00 (As of Dec. 2024)


What is Premier Air Charter Holdings Days Payable?

Premier Air Charter Holdings PREM -0.74% Days Payable is 0.00 as of Dec. 2024.

Premier Air Charter Holdings's average Accounts Payable for the three months ended in Dec. 2024 was $0.00 Mil. Premier Air Charter Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.00 Mil.

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

PREM's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.985
* Ranked among companies with meaningful Days Payable only.

Premier Air Charter Holdings's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00). stayed the same

Premier Air Charter Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Premier Air Charter 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.

Premier Air Charter Holdings Days Payable Chart

Premier Air Charter Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Premier Air Charter Holdings 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 0.00 0.00 0.00 0.00 0.00

PREM vs CISS, TLSS, APSI: Days Payable Comparison

For the Airlines subindustry, Premier Air Charter 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.

Premier Air Charter Holdings Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Premier Air Charter Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Premier Air Charter Holdings's Days Payable falls into.


Premier Air Charter 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.

Premier Air Charter Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0 + 0.004) / 1 ) / 0*365
=0.004 / 0*365
=N/A

Premier Air Charter Holdings'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
=( (0.004 + 0.004) / 2 ) / 0*365 / 4
=0.004 / 0*365 / 4
=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?
Premier Air Charter Holdings (PREM) has a Days Payable of 0.00 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Premier Air Charter Holdings and its competitors.
Is Premier Air Charter Holdings' Days Payable too high?
Premier Air Charter Holdings' current Days Payable is 0.00.
How does Premier Air Charter Holdings' Days Payable compare to CISS and TLSS?
Premier Air Charter Holdings' Days Payable of 0.00 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.99. 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 Transportation company?
The median Days Payable among Transportation companies is 38.99, based on 964 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 Premier Air Charter Holdings and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Air Charter Holdings'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 Premier Air Charter Holdings stock overvalued right now?
Premier Air Charter Holdings (PREM) 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 Premier Air Charter Holdings (PREM), the current Days Payable is 0.00 as of Dec. 2024. 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.

Premier Air Charter Holdings Business Description

Address 2006 Palomar Airport Road, Suite 210, Carlsbad, CA, USA, 92011
Premier Air Charter Holdings Inc is a San Diego-based aircraft charter company, that provides an international community of aviation enthusiasts. Its vast fleet of aircraft includes everything from Light Jets and Turbojets to Mid-Large Jets.