Pricesmart (STU:PS8) Days Payable : 43.80 (As of Feb. 2024)

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What is Pricesmart Days Payable?

Pricesmart's average Accounts Payable for the three months ended in Feb. 2024 was €476 Mil. Pricesmart's Cost of Goods Sold for the three months ended in Feb. 2024 was €993 Mil. Hence, Pricesmart's Days Payable for the three months ended in Feb. 2024 was 43.80.

The historical rank and industry rank for Pricesmart's Days Payable or its related term are showing as below:

STU:PS8' s Days Payable Range Over the Past 10 Years
Min: 36.11 Med: 38.5 Max: 46.74
Current: 43.48

During the past 13 years, Pricesmart's highest Days Payable was 46.74. The lowest was 36.11. And the median was 38.50.

STU:PS8's Days Payable is ranked better than
50% of 308 companies
in the Retail - Defensive industry
Industry Median: 43.465 vs STU:PS8: 43.48

Pricesmart's Days Payable increased from Feb. 2023 (42.32) to Feb. 2024 (43.80). It may suggest that Pricesmart delayed paying its suppliers.

Pricesmart Days Payable Historical Data

The historical data trend for Pricesmart'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.

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Pricesmart Days Payable Chart

Pricesmart Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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36.06

44.57

46.60

40.07

44.61

Pricesmart Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															42.32	41.49	42.92	46.10	43.80

Competitive Comparison of Pricesmart's Days Payable

For the Discount Stores subindustry, Pricesmart'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.

Pricesmart's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pricesmart's Days Payable distribution charts can be found below:

* The bar in red indicates where Pricesmart's Days Payable falls into.

Pricesmart 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.

Pricesmart's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (403.098	+	415.611)	/	2 )	/	3349.352	*	365
=	409.3545					/	3349.352	*	365
=	44.61

Pricesmart's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (482.853	+	470.06)	/	2 )	/	992.69	*	365 / 4
=	476.4565					/	992.69	*	365 / 4
=	43.80

Pricesmart Days Payable Related Terms

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

Pricesmart (STU:PS8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Pricesmart Inc (STU:PS8) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PSMT:USA

Address

9740 Scranton Road, San Diego, CA, USA, 92121

Website

https://www.pricesmart.com

Pricesmart Inc is principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in Latin America and the Caribbean, with Central America contributing over half of its net warehouse club sales. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income, with net warehouse club sales accounting for the majority of the company's total revenue.

Pricesmart (STU:PS8) Headlines

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