Prestige Brand Holdings Inc (PBH)
Payables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 503,299 | 500,909 | 502,431 | 466,166 | 395,893 |
| Payables | US$ in thousands | 18,925 | 38,979 | 62,743 | 55,760 | 45,978 |
| Payables turnover | 26.59 | 12.85 | 8.01 | 8.36 | 8.61 |
March 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $503,299K ÷ $18,925K
= 26.59
Based on the data provided, Prestige Brand Holdings Inc's payables turnover has shown a general downward trend from 2021 to 2023, decreasing from 8.61 to 8.01. This indicates that the company's efficiency in paying off its suppliers decreased during this period.
However, in the following years, there was a substantial increase in payables turnover, reaching 12.85 in 2024 and significantly rising to 26.59 in 2025. This surge indicates that Prestige Brand Holdings Inc has improved its ability to settle its accounts payable more frequently during these years.
Overall, the payables turnover ratio for Prestige Brand Holdings Inc has displayed fluctuations over the years, reflecting changes in the company's payment practices and relationships with suppliers. The increasing trend in recent years suggests an enhanced efficiency in managing its accounts payable, which can be beneficial for controlling costs and maintaining good relationships with suppliers.
Peer comparison
Mar 31, 2025