Performance Food Group Co (PFGC)
Number of days of payables
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 17.65 | 19.93 | 20.79 | 17.83 | 15.13 | |
| Number of days of payables | days | 20.67 | 18.31 | 17.56 | 20.47 | 24.13 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 17.65
= 20.67
The number of days of payables for Performance Food Group Co has demonstrated a decreasing trend over the analyzed period from June 30, 2021, to June 30, 2023, followed by a slight increase into 2024 and 2025. Specifically, the projection indicates a reduction from 24.13 days in 2021 to 20.47 days in 2022, reflecting improved or more efficient management of accounts payable or possibly a change in credit terms negotiated with suppliers. This declining trend continued into 2023, reaching approximately 17.56 days, suggesting that the company is settling its payables more promptly compared to prior years.
However, the figure increased marginally in 2024 to 18.31 days and further rose to 20.67 days in 2025. This slight uptick could imply a shift toward extending payment periods again, potentially to optimize cash flow or align with supplier credit policies. Overall, the fluctuations in days of payables highlight strategic or operational adjustments in the company's approach to managing its short-term liabilities.
Peer comparison
Jun 30, 2025