PWR Holdings (PWR Holdings) Days Payable : 87.18 (As of Dec. 2023)

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What is PWR Holdings Days Payable?

PWR Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $4.36 Mil. PWR Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $9.13 Mil. Hence, PWR Holdings's Days Payable for the six months ended in Dec. 2023 was 87.18.

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

PWRHF' s Days Payable Range Over the Past 10 Years
Min: 30.27 Med: 42.31 Max: 91.29
Current: 91.29

During the past 8 years, PWR Holdings's highest Days Payable was 91.29. The lowest was 30.27. And the median was 42.31.

PWRHF's Days Payable is ranked better than
68.46% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 66.62 vs PWRHF: 91.29

PWR Holdings's Days Payable declined from Dec. 2022 (88.50) to Dec. 2023 (87.18). It may suggest that PWR Holdings accelerated paying its suppliers.

PWR Holdings Days Payable Historical Data

The historical data trend for PWR 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.

* Premium members only.

PWR Holdings Days Payable Chart

PWR Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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49.96

57.31

32.52

37.96

56.10

PWR Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial												82.01	70.72	88.50	79.13	87.18

Competitive Comparison of PWR Holdings's Days Payable

For the Auto Parts subindustry, PWR 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.

PWR Holdings's Days Payable Distribution in the Vehicles & Parts Industry

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

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

PWR 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.

PWR Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2.027	+	2.887)	/	2 )	/	15.985	*	365
=	2.457					/	15.985	*	365
=	56.10

PWR Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.887	+	5.839)	/	2 )	/	9.133	*	365 / 2
=	4.363					/	9.133	*	365 / 2
=	87.18

PWR Holdings Days Payable Related Terms

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PWR Holdings (PWR Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PWR Holdings Ltd (OTCPK:PWRHF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PWH:Australia

Address

103 Lahrs Road, Ormeau, QLD, AUS, 4208

Website

https://www.pwr.com.au

PWR Holdings is a designer, manufacturer, and supplier of cooling solutions for motorsports and the performance automotive industry. PWR produces aluminum radiators, intercoolers, heat exchangers, oil coolers, and other cooling accessories for motorsports, performance automotive original equipment manufacturers, the automotive aftermarket, and aerospace and defense sectors. The motorsports segment generates the majority of revenue, while OEM and aftermarket constitute over a third of the income stream. PWR's products are primarily sold in North America and Europe.

PWR Holdings (PWR Holdings) Headlines

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