Performance Food Group Co (PFGC)
Number of days of payables
| 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 | Mar 31, 2020 | ||
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| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Performance Food Group Co has shown some fluctuations over the past few periods. As of December 31, 2019, the company had an average of 18.58 days of payables outstanding, indicating that it takes approximately 18.58 days to pay off its accounts payable.
This number increased to 22.14 days as of March 31, 2020, before further rising to 26.09 days by June 30, 2020. Subsequently, there was a decrease to 22.89 days by September 30, 2020. The trend reversed again, with significant improvement seen by December 31, 2020, with only 15.62 days of payables outstanding.
As of March 31, 2021, the number of days of payables stood at 22.91 days, showing a slight increase. However, there is missing data for the following periods up to December 31, 2021, reflecting that the company did not disclose this metric. This lack of data for the subsequent periods indicates a limitation in conducting a more recent analysis of the company's payables management effectiveness.
Efficient management of payables is crucial for a company's financial health, as it affects liquidity and working capital management. Analyzing trends in the number of days of payables can provide insights into the company's payment practices and relationships with its suppliers.
Peer comparison
Dec 31, 2024