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P.A.M. Transportation Services (P.A.M. Transportation Services) Days Payable : 32.39 (As of Dec. 2023)


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What is P.A.M. Transportation Services Days Payable?

P.A.M. Transportation Services's average Accounts Payable for the three months ended in Dec. 2023 was $60.2 Mil. P.A.M. Transportation Services's Cost of Goods Sold for the three months ended in Dec. 2023 was $169.5 Mil. Hence, P.A.M. Transportation Services's Days Payable for the three months ended in Dec. 2023 was 32.39.

The historical rank and industry rank for P.A.M. Transportation Services's Days Payable or its related term are showing as below:

PTSI' s Days Payable Range Over the Past 10 Years
Min: 14.79   Med: 24.15   Max: 35.09
Current: 25.85

During the past 13 years, P.A.M. Transportation Services's highest Days Payable was 35.09. The lowest was 14.79. And the median was 24.15.

PTSI's Days Payable is ranked worse than
71.91% of 929 companies
in the Transportation industry
Industry Median: 39.02 vs PTSI: 25.85

P.A.M. Transportation Services's Days Payable increased from Dec. 2022 (23.71) to Dec. 2023 (32.39). It may suggest that P.A.M. Transportation Services delayed paying its suppliers.


P.A.M. Transportation Services Days Payable Historical Data

The historical data trend for P.A.M. Transportation Services's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

P.A.M. Transportation Services Days Payable Chart

P.A.M. Transportation Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.79 26.58 28.29 21.72 28.01

P.A.M. Transportation Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.50 21.91 24.66 32.39 27.91

Competitive Comparison of P.A.M. Transportation Services's Days Payable

For the Trucking subindustry, P.A.M. Transportation Services's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


P.A.M. Transportation Services's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, P.A.M. Transportation Services's Days Payable distribution charts can be found below:

* The bar in red indicates where P.A.M. Transportation Services's Days Payable falls into.



P.A.M. Transportation Services Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

P.A.M. Transportation Services's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (48.917 + 62.652) / 2 ) / 727.002*365
=55.7845 / 727.002*365
=28.01

P.A.M. Transportation Services's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (57.653 + 62.652) / 2 ) / 169.45*365 / 4
=60.1525 / 169.45*365 / 4
=32.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


P.A.M. Transportation Services Days Payable Related Terms

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P.A.M. Transportation Services (P.A.M. Transportation Services) Business Description

Traded in Other Exchanges
N/A
Address
297 West Henri De Tonti Boulevard, Tontitown, AR, USA, 72770
P.A.M. Transportation Services Inc is engaged in truckload dry van carriers transporting general commodities. Its operations are classified as motor carrier segment or brokerage and logistics services around the United States, Mexico, and Canada. The company freight consists of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units. The company generates maximum revenue from the United States.
Executives
Edwin J. Lukas director 12225 STEPHENS ROAD, WARREN MI 48089
Matthew T Moroun director, 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
W Scott Davis director 7 SUNSET DRIVE, LITTLE ROCK AR 72207
Joseph A. Vitiritto director, officer: President and CEO P.O. BOX 188, TONTITOWN AR 72770
Matthew J. Moroun director 12225 STEPHENS ROAD, WARREN MI 48089
Michael D. Bishop director P.O. BOX 188, TONTITOWN AR 72770
Humberto Pete Montano director P.O. BOX 188, TONTITOWN AR 72770
Allen West officer: VP Finance, CFO, Secy, Treas POST OFFICE BOX 188, TONTITOWN AR 72770
Matt Herndon officer: Chief Operating Officer 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Franklin Mclarty director 297 WEST HENRI DE TONTI, TONTITOWN AR 72770
Daniel H Cushman director, officer: President PO BOX 188, TONTITOWN AR 72770
Norman E Harned director 12225 STEPHENS ROAD, WARREN MI 48089
Frederick P Calderone director C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Larry J Goddard officer: EXECUTIVE VICE PRESIDENT PAM TRANSPORTATION SVC INC, 297 W HENRI DETONTI BLVD, TONTITOWN AR 72712
Lance Stewart officer: VP Fin, CFO, Sec. and Treas. POST OFFICE BOX 188, TONTITOWN AR 72770