Prestige Brand Holdings Inc (PBH)

Number of days of payables

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Payables turnover 26.59 26.31 16.32 12.86 13.00 12.91 11.45 8.82 8.01 7.60 8.59 8.14 8.36 11.19 11.28 13.26 8.61 13.83 7.34 19.33
Number of days of payables days 13.72 13.88 22.37 28.38 28.08 28.27 31.88 41.40 45.58 48.02 42.49 44.85 43.66 32.62 32.35 27.53 42.39 26.40 49.74 18.88

March 31, 2025 calculation

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

The number of days of payables for Prestige Brand Holdings Inc has exhibited fluctuations over the period under consideration. Starting at 18.88 days as of June 30, 2020, the number of days of payables increased significantly to 49.74 days by September 30, 2020. This suggests that the company took longer to pay its outstanding obligations during that period.

Subsequently, there were fluctuations in the number of days of payables, with values ranging from a low of 13.72 days as of March 31, 2025, to a high of 49.74 days on September 30, 2020. Notably, there was a decreasing trend in the number of days of payables from December 31, 2024, to March 31, 2025.

The pattern of the number of days of payables can provide insights into the company's working capital management and supplier relationships. A lower number of days of payables indicates that the company is paying its suppliers more quickly, which may strain its liquidity position. Conversely, a higher number of days of payables may suggest that the company is utilizing its cash more effectively by extending payment terms, potentially improving its cash flow.

Overall, monitoring the number of days of payables can provide valuable information on Prestige Brand Holdings Inc's efficiency in managing its accounts payable and its overall financial health.