Performance Food Group Co (PFGC)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | 15.93 | 23.36 | 15.95 | 13.99 | 16.48 | 19.65 | 16.07 | 15.48 | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | 22.91 | 15.62 | 22.89 | 26.09 | 22.14 | 18.58 | 22.72 | 23.58 |
March 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Performance Food Group Co's number of days of payables has fluctuated over the past quarters. As of March 31, 2021, the company took approximately 22.91 days to pay its suppliers, indicating a moderate payment cycle. This figure decreased from the previous quarter, reflecting a slightly more efficient management of payables.
Comparing to the same period in the previous year, the number of days of payables has increased, suggesting a possible extension in the company's payment terms or a slower processing of accounts payable. The trend in the number of days of payables should be closely monitored to assess the company's liquidity management and vendor relationships.
Peer comparison
Mar 31, 2024