PRPI (Perpetual Industries) Days Payable: 159.32 (As of Dec. 2022)


What is Perpetual Industries Days Payable?

Perpetual Industries PRPI +0.03% Days Payable is 159.32 as of Dec. 2022.

Perpetual Industries's average Accounts Payable for the six months ended in Dec. 2022 was $0.81 Mil. Perpetual Industries's Cost of Goods Sold for the six months ended in Dec. 2022 was $1.87 Mil. Hence, Perpetual Industries's Days Payable for the six months ended in Dec. 2022 was 79.66.

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

PRPI's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 77.54
* Ranked among companies with meaningful Days Payable only.

Perpetual Industries's Days Payable increased from Jul. 2015 (0.00) to Dec. 2022 (159.32). It may suggest that Perpetual Industries delayed paying its suppliers.

Perpetual Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Perpetual Industries'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.

Perpetual Industries Days Payable Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Days Payable
0.00 0.00 0.00 32.35 159.32

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Days Payable 0.00 0.00 0.00 32.35 159.32

PRPI vs BRBL, JKSM, ATVK: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Perpetual Industries'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.

Perpetual Industries Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Perpetual Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Perpetual Industries's Days Payable falls into.


Perpetual Industries 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.

Perpetual Industries's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.873 + 0.756) / 2 ) / 1.866*365
=0.8145 / 1.866*365
=159.32

Perpetual Industries's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.873 + 0.756) / 2 ) / 1.866*365 / 2
=0.8145 / 1.866*365 / 2
=79.66

* 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 159.32 mean?
Perpetual Industries (PRPI) has a Days Payable of 159.32 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' Days Payable too high?
Perpetual Industries' current Days Payable is 159.32. The Industrial Products industry median Days Payable is 77.54. Perpetual Industries' value of 159.32 is 105.5% above this industry median.
How does Perpetual Industries' Days Payable compare to BRBL and JKSM?
Perpetual Industries' Days Payable of 159.32 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.54. Perpetual Industries' value of 159.32 is 105.5% above this benchmark. 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. Perpetual Industries's current Days Payable of 159.32 is 105.5% 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 Perpetual Industries and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perpetual Industries's current Days Payable is 159.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Days Payable of 159.32. The current Days Payable is 159.32 and 105.5% above the Industrial Products industry median of 77.54. 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 Perpetual Industries (PRPI), the current Days Payable is 159.32 as of Dec. 2022. 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.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.