Performance Food Group Co (PFGC)
Number of days of payables
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 17.65 | 17.80 | 18.24 | 18.77 | 19.93 | 20.51 | 21.22 | 20.29 | 20.79 | 20.55 | 20.84 | 18.85 | 17.83 | 15.95 | 14.48 | 12.59 | 15.13 | 15.71 | 23.01 | 15.73 | |
| Number of days of payables | days | 20.67 | 20.50 | 20.01 | 19.44 | 18.31 | 17.79 | 17.20 | 17.99 | 17.56 | 17.76 | 17.52 | 19.37 | 20.47 | 22.88 | 25.22 | 28.99 | 24.13 | 23.23 | 15.86 | 23.20 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 17.65
= 20.67
The data indicates that Performance Food Group Co’s number of days of payables has exhibited notable fluctuations over the analyzed period. Starting from 23.20 days as of September 30, 2020, the metric decreased to a low of approximately 15.86 days by December 31, 2020, suggesting an improvement in the company's ability to settle its liabilities more promptly during that interval.
Subsequently, the number of days of payables increased again, reaching approximately 28.99 days by September 30, 2021. This rise indicates a lengthening in the company’s payables period, which could reflect extended credit terms negotiated with suppliers or delayed payments. Following this peak, the figure stabilized somewhat, with slight declines and increases, ending at roughly 17.20 days at December 31, 2023.
From the beginning of 2024 onward, there was a gradual upward trend in payables days, reaching around 20.67 days by June 30, 2025. This indicates a trend toward extended payment periods, which might be a strategic decision to optimize cash flow or an adjustment in supplier terms.
Overall, the pattern suggests periods of tightening and loosening in payables management, with a general tendency towards shorter payables periods after the initial fluctuations, followed by a gradual lengthening starting in early 2024. This evolution in days of payables could reflect changes in corporate liquidity practices, negotiations with trade creditors, or broader operational strategies over the period analyzed.
Peer comparison
Jun 30, 2025