Perdoceo Education Corp (PRDO)

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
Payables turnover
Number of days of payables days

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The data provided for Perdoceo Education Corp indicates that the number of days of payables is not available for each reporting period from March 31, 2020, to December 31, 2024.

The number of days of payables is a financial metric that measures how long, on average, a company takes to pay its suppliers or vendors. It is calculated by dividing accounts payable by cost of goods sold, then multiplying by 365 days to get the number of days it takes for the company to pay its bills.

Without the specific values for the days of payables, it is challenging to assess how efficient Perdoceo Education Corp is in managing its payables and cash flow. Monitoring this metric over time can provide insights into the company's liquidity position and its ability to manage its working capital effectively.

It could be beneficial for stakeholders, including investors and creditors, to have access to this information in order to better understand the company's financial health and operational efficiency concerning its payment practices.