PSAV (PSAV) Days Payable: 7.57 (As of Mar. 2016)


What is PSAV Days Payable?

PSAV PSAV Days Payable is 7.57 as of Mar. 2016.

PSAV's average Accounts Payable for the three months ended in Mar. 2016 was $27.29 Mil. PSAV's Cost of Goods Sold for the three months ended in Mar. 2016 was $328.91 Mil. Hence, PSAV's Days Payable for the three months ended in Mar. 2016 was 7.57.

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

PSAV's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 84.54
* Ranked among companies with meaningful Days Payable only.

PSAV's Days Payable increased from Mar. 2015 (0.00) to Mar. 2016 (7.57). It may suggest that PSAV delayed paying its suppliers.

PSAV Days Payable Historical Data

* Premium members only.

The historical data trend for PSAV'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.

PSAV Days Payable Chart

PSAV Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Days Payable
0.00 10.28 0.00 7.50

PSAV Quarterly Data
Dec12 Dec13 Mar15 Jun15 Sep15 Dec15 Mar16
Days Payable Get a 7-Day Free Trial 0.00 9.32 11.18 7.13 7.57

PSAV vs CRCO, ASKH, PTSX: Days Payable Comparison

For the Broadcasting subindustry, PSAV'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.

PSAV Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PSAV's Days Payable distribution charts can be found below:

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


PSAV 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.

PSAV's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (29.921 + 22.094) / 2 ) / 1265.083*365
=26.0075 / 1265.083*365
=7.50

PSAV's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable (Q: Mar. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2015 ) + Accounts Payable (Q: Mar. 2016 )) / count ) / Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=( (22.094 + 32.481) / 2 ) / 328.907*365 / 4
=27.2875 / 328.907*365 / 4
=7.57

* 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 7.57 mean?
PSAV (PSAV) has a Days Payable of 7.57 as of Mar. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PSAV and its competitors.
Is PSAV's Days Payable too high?
PSAV's current Days Payable is 7.57. The Media - Diversified industry median Days Payable is 84.54. PSAV's value of 7.57 is 91% below this industry median.
How does PSAV's Days Payable compare to CRCO and ASKH?
PSAV's Days Payable of 7.57 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 84.54. PSAV's value of 7.57 is 91% below 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 a Media - Diversified company?
The median Days Payable among Media - Diversified companies is 84.54, based on 923 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. PSAV's current Days Payable of 7.57 is 91% below 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 PSAV and its competitors. For the Media - Diversified industry, the median Days Payable is 84.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSAV's current Days Payable is 7.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSAV stock overvalued right now?
PSAV (PSAV) has a current Days Payable of 7.57. The current Days Payable is 7.57 and 91% below the Media - Diversified industry median of 84.54. 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 PSAV (PSAV), the current Days Payable is 7.57 as of Mar. 2016. 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.

PSAV Business Description

PSAV Inc was incorporated in Delaware on August 11, 2015. The Company along with its subsidiaries provides event technology services. The Company provides services including audiovisual services, equipment rental, staging and meeting services, communication systems, and related technical support to its customers in various venues, including hotels and convention centers. The Company's Video technology includes front and rear projection from large format HD high lumen projection to boardroom-style projectors, playback systems, image magnification, digital capture, cameras and display systems, including LED displays and video walls; Rigging Solutions include design and installation of permanently installed rig points in meeting venues, day-to-day deployment of rigging systems to safely transform meeting and event spaces for larger and more sophisticated set and lighting designs and certified trainers and inspectors; Wi-Fi Solutions include managing venues' entire network to provide customers secure and reliable wired and wireless solutions; Staging includes collections of custom screens and the ability to provide concert sound, broadcast quality projection, seasoned stage producers, and CAD drawing; Creative Services including Thematic creation, PowerPoint display, video creation, & stage sets; Mobile Device Applications tailored to the specific events that provide the schedule of events, maps, sponsors and detailed information on the host customer; Video Mapping / Simultaneous Translation; Virtual Meetings and Events; Event Consultation and Support, Power Distribution Solutions including streamlining of special event power distribution for event and production power across events, meeting rooms and trade shows; Audio including microphone and sound solutions with digital mixers, wireless microphones, networked audio and proprietary software to control live sound systems; and Lighting including speaker and stage lighting, intelligent lighting and decorative and theatrical lighting through gel lights and LED lights. The Company operates in two segments including Domestic and International. The Domestic segment provides services to customers throughout the United States and Puerto Rico; and is provider of event technology services at approximately over 1,000 hotel properties and other event venues. The International segment provides services to its customers in Canada, Mexico, the Caribbean, Europe and the Middle East, in addition to providing non-venue based services in Asia; and provides event technology services at approximately over 300 international hotel properties and other event venues. The Company's customers include corporations, event organizers, trade associations and meeting planners. The Company faces competition from Freeman Company.