Prestige Brand Holdings Inc (PBH)

Number of days of payables

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Payables turnover		26.59	12.85	8.01	8.36	8.61
Number of days of payables	days	13.72	28.40	45.58	43.66	42.39

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 26.59
= 13.72

Prestige Brand Holdings Inc's number of days of payables has shown varying trends over the past five years. As of March 31, 2021, the company's number of days of payables was 42.39 days, and it increased to 43.66 days by March 31, 2022. There was a further increase to 45.58 days by March 31, 2023.

However, there was a significant decrease in the number of days of payables to 28.40 days by March 31, 2024. This sharp decline indicates that the company may have been paying off its payables more quickly during that period. By March 31, 2025, the number of days of payables dropped even further to 13.72 days, suggesting a trend of more efficient management of payables.

Overall, Prestige Brand Holdings Inc's number of days of payables has fluctuated over the years, with a notable improvement in payables management efficiency in the most recent years, potentially indicating better working capital management or changing payment terms with suppliers.