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PRM (Perimeter Solutions) Days Payable : 19.11 (As of Sep. 2024)


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What is Perimeter Solutions Days Payable?

Perimeter Solutions's average Accounts Payable for the three months ended in Sep. 2024 was $22.4 Mil. Perimeter Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was $107.2 Mil. Hence, Perimeter Solutions's Days Payable for the three months ended in Sep. 2024 was 19.11.

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

PRM' s Days Payable Range Over the Past 10 Years
Min: 30.17   Med: 49.79   Max: 58.19
Current: 31.69

During the past 5 years, Perimeter Solutions's highest Days Payable was 58.19. The lowest was 30.17. And the median was 49.79.

PRM's Days Payable is ranked worse than
78.64% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs PRM: 31.69

Perimeter Solutions's Days Payable declined from Sep. 2023 (31.96) to Sep. 2024 (19.11). It may suggest that Perimeter Solutions accelerated paying its suppliers.


Perimeter Solutions Days Payable Historical Data

The historical data trend for Perimeter Solutions'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.

Perimeter Solutions Days Payable Chart

Perimeter Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
45.74 30.17 - 53.83 58.19

Perimeter Solutions Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 31.96 61.24 42.82 30.54 19.11

Competitive Comparison of Perimeter Solutions's Days Payable

For the Specialty Chemicals subindustry, Perimeter Solutions'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.


Perimeter Solutions's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Perimeter Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Perimeter Solutions's Days Payable falls into.



Perimeter Solutions 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.

Perimeter Solutions's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (36.794 + 21.639) / 2 ) / 183.253*365
=29.2165 / 183.253*365
=58.19

Perimeter Solutions's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (21.805 + 23.082) / 2 ) / 107.195*365 / 4
=22.4435 / 107.195*365 / 4
=19.11

* 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.


Perimeter Solutions Days Payable Related Terms

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


Perimeter Solutions Business Description

Traded in Other Exchanges
Address
8000 Maryland Avenue, Suite 350, Clayton, MO, USA, 63105
Perimeter Solutions Inc is a solutions provider, producing high-quality lubricant additives and firefighting chemicals. It develops products that impact critically important issues of life - issues where there often is no room for error and the job doesn't offer second chances.
Executives
Tracy Britt Cool director C/O BERKSHIRE HATHAWAY INC., 3555 FARNAM STREET, OMAHA NE 68131
Khouri Haitham director, officer: Chief Executive Officer C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Windacre Partnership Master Fund, Lp 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Charles W. Kropp officer: Chief Financial Officer C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Jeffrey Emery officer: President - Global Fire Safety C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Iversen Bernt G Ii director CHAMPION AEROSPACE INC, 1230 OLD NORRIS ROAD, LIBERTY SC 29657
Kevin M Stein director TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Edward D. Goldberg director, officer: Chief Executive Officer C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Windacre Partnership Llc 10 percent owner 2200 POST OAK BOULEVARD, SUITE 1580, HOUSTON TX 77056
Snehal Amin 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOU TX 77056
Sean P Hennessy director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE NW, CLEVELAND OH 44115
Windacre General Partner Lp 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Kremling Ernest C. Ii officer: Chief Operating Officer 9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Noriko Yokozuka officer: General Counsel C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Stephen Cornwall officer: Chief Commercial Officer C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000