Performance Food Group Co (PFGC)
Number of days of payables
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | 13.99 | 15.48 | |
| Number of days of payables | days | — | — | — | 26.09 | 23.58 |
June 30, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Performance Food Group Co has been steadily increasing over the past few years. From a relatively low point of 23.58 days in 2019, it increased to 26.09 days in 2020. Unfortunately, the data for 2021, 2022, and 2023 is not available for comparison. However, based on the trend observed in the available data, it suggests that the company may be taking longer to pay its suppliers and vendors, which could potentially indicate delays in managing working capital or changes in payment terms. Further analysis would be needed to understand the underlying reasons for this trend.
Peer comparison
Jun 30, 2023