GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Pinstripes Holdings�Inc (NYSE:PNST) » Definitions » Days Payable

Pinstripes Holdings�Inc (Pinstripes Holdings�Inc) Days Payable : 108.83 (As of Oct. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Pinstripes Holdings�Inc Days Payable?

Pinstripes Holdings�Inc's average Accounts Payable for the six months ended in Oct. 2023 was $25.34 Mil. Pinstripes Holdings�Inc's Cost of Goods Sold for the six months ended in Oct. 2023 was $42.50 Mil. Hence, Pinstripes Holdings�Inc's Days Payable for the six months ended in Oct. 2023 was 108.83.

The historical rank and industry rank for Pinstripes Holdings�Inc's Days Payable or its related term are showing as below:

PNST' s Days Payable Range Over the Past 10 Years
Min: 96.24   Med: 113.72   Max: 217.66
Current: 217.66

During the past 3 years, Pinstripes Holdings�Inc's highest Days Payable was 217.66. The lowest was 96.24. And the median was 113.72.

PNST's Days Payable is ranked better than
95.29% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs PNST: 217.66

Pinstripes Holdings�Inc's Days Payable increased from Apr. 2022 (0.00) to Oct. 2023 (108.83). It may suggest that Pinstripes Holdings�Inc delayed paying its suppliers.

Pinstripes Holdings�Inc Days Payable Historical Data

The historical data trend for Pinstripes Holdings�Inc'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.

Pinstripes Holdings�Inc Days Payable Chart

Pinstripes Holdings�Inc Annual Data
Trend Apr21 Apr22 Apr23
Days Payable
- 131.20 96.24

Pinstripes Holdings�Inc Semi-Annual Data
Apr21 Apr22 Apr23 Oct23
Days Payable - - - 108.83

Competitive Comparison of Pinstripes Holdings�Inc's Days Payable

For the Restaurants subindustry, Pinstripes Holdings�Inc'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.

Pinstripes Holdings�Inc's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pinstripes Holdings�Inc's Days Payable distribution charts can be found below:

* The bar in red indicates where Pinstripes Holdings�Inc's Days Payable falls into.


Pinstripes Holdings�Inc 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.

Pinstripes Holdings�Inc's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (24.19 + 26.654) / 2 ) / 96.413*365
=25.422 / 96.413*365
=96.24

Pinstripes Holdings�Inc's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (26.654 + 24.027) / 2 ) / 42.495*365 / 2
=25.3405 / 42.495*365 / 2
=108.83

* 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.

Pinstripes Holdings�Inc Days Payable Related Terms

Thank you for viewing the detailed overview of Pinstripes Holdings�Inc's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Pinstripes Holdings�Inc (Pinstripes Holdings�Inc) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Pinstripes Holdings�Inc (NYSE:PNST) » Definitions » Days Payable
Comparable Companies
Traded in Other Exchanges
N/A
Address
1150 Willow Road, Northbrook, IL, USA, 60062
Website
https://www.pinstripes.com
Pinstripes Holdings Inc is an experiential dining and entertainment concept combining exceptional Italian-American cuisine with bowling, bocce, and private events. It owns and operates about 13 restaurants in the USA. The company designs and constructs large-format locations that are each 26,000 to 38,000 square feet of interior space, plus additional outdoor patio space that includes outdoor dining, bocce courts, fire-pits and decorative fountains.