PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Days Payable : 32.22 (As of Mar. 2024)

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What is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Days Payable?

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's average Accounts Payable for the three months ended in Mar. 2024 was zł4.9 Mil. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cost of Goods Sold for the three months ended in Mar. 2024 was zł13.8 Mil. Hence, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable for the three months ended in Mar. 2024 was 32.22.

The historical rank and industry rank for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable or its related term are showing as below:

WAR:PGV' s Days Payable Range Over the Past 10 Years
Min: 2.45 Med: 73.17 Max: 74879.75
Current: 2.45

During the past 13 years, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's highest Days Payable was 74879.75. The lowest was 2.45. And the median was 73.17.

WAR:PGV's Days Payable is ranked worse than
99.66% of 2923 companies
in the Industrial Products industry
Industry Median: 76.74 vs WAR:PGV: 2.45

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable increased from Dec. 2022 (0.00) to Mar. 2024 (32.22). It may suggest that PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna delayed paying its suppliers.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Days Payable Historical Data

The historical data trend for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Days Payable Chart

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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74,879.75

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															-	0.53	0.52	0.33	32.22

Competitive Comparison of PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable

For the Metal Fabrication subindustry, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable distribution charts can be found below:

* The bar in red indicates where PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable falls into.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.665	+	1.01)	/	2 )	/	0	*	365
=	0.8375					/	0	*	365
=	N/A

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.524	+	9.195)	/	2 )	/	13.763	*	365 / 4
=	4.8595					/	13.763	*	365 / 4
=	32.22

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Days Payable Related Terms

Thank you for viewing the detailed overview of PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Sulechowska 4a, Zielona Gora, POL, 65-119

Website

http://www.zastal.pl

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna, formerly Zastal SA is engaged in the manufacture and sale of rolling stock and steel structures. The company manufactures steel structures of industrial halls, buildings, churches, bridges, and railway stations, as well as constructs railway wagons and cars. It also operates in USSR, Iraq, Syria, and China.

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