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Primetech (WAR:PTH) Days Payable : 4,212.71 (As of Sep. 2023)


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What is Primetech Days Payable?

Primetech's average Accounts Payable for the three months ended in Sep. 2023 was zł0.14 Mil. Primetech's Cost of Goods Sold for the three months ended in Sep. 2023 was zł0.00 Mil. Hence, Primetech's Days Payable for the three months ended in Sep. 2023 was 4,212.71.

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

WAR:PTH' s Days Payable Range Over the Past 10 Years
Min: 49.86   Med: 73.5   Max: 13195.76
Current: 10259.31

During the past 13 years, Primetech's highest Days Payable was 13195.76. The lowest was 49.86. And the median was 73.50.

WAR:PTH's Days Payable is ranked better than
99.5% of 1604 companies
in the Construction industry
Industry Median: 74.31 vs WAR:PTH: 10259.31

Primetech's Days Payable declined from Sep. 2022 (11,803.84) to Sep. 2023 (4,212.71). It may suggest that Primetech accelerated paying its suppliers.

Primetech Days Payable Historical Data

The historical data trend for Primetech'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.

Primetech Days Payable Chart

Primetech Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.28 77.83 49.86 84.44 13,195.76

Primetech Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 11,803.84 8,727.79 4,003.59 5,360.94 4,212.71

Competitive Comparison of Primetech's Days Payable

For the Engineering & Construction subindustry, Primetech'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.

Primetech's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Primetech's Days Payable distribution charts can be found below:

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


Primetech 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.

Primetech'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
=( (4.98 + 0.226) / 2 ) / 0.072*365
=2.603 / 0.072*365
=13,195.76

Primetech's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.11 + 0.167) / 2 ) / 0.003*365 / 4
=0.1385 / 0.003*365 / 4
=4,212.71

* 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.

Primetech Days Payable Related Terms

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

Primetech (WAR:PTH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Primetech SA (WAR:PTH) » Definitions » Days Payable
Comparable Companies
WAR:ITB WAR:ECT WAR:VTL WAR:RRH WAR:EBX WAR:FKD WAR:TME WAR:IDH WAR:TOS WAR:ENP XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
ul. Grabowa 1, Katowice, POL, 40-172
Website
https://www.primetechsa.pl
Primetech SA is a Polish company that offers mining services. The company provides design services related to the mining of coal, ores, salt and other minerals, and also offers equipment, renovation and construction services. The company also offers drilling and geotechnical services for drainage, ventilation, and backfilling voids.