Privia Health Group (Privia Health Group) Days Payable : 1.74 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Privia Health Group Days Payable?

Privia Health Group's average Accounts Payable for the three months ended in Mar. 2024 was $7 Mil. Privia Health Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $374 Mil. Hence, Privia Health Group's Days Payable for the three months ended in Mar. 2024 was 1.74.

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

PRVA' s Days Payable Range Over the Past 10 Years
Min: 0.27 Med: 1.45 Max: 1.78
Current: 1.62

During the past 6 years, Privia Health Group's highest Days Payable was 1.78. The lowest was 0.27. And the median was 1.45.

PRVA's Days Payable is ranked worse than
99.66% of 592 companies
in the Healthcare Providers & Services industry
Industry Median: 62.115 vs PRVA: 1.62

Privia Health Group's Days Payable declined from Mar. 2023 (1.80) to Mar. 2024 (1.74). It may suggest that Privia Health Group accelerated paying its suppliers.

Privia Health Group Days Payable Historical Data

The historical data trend for Privia Health Group'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.

Privia Health Group Days Payable Chart

Privia Health Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

0.27

1.43

1.66

1.45

1.78

Privia Health Group Quarterly Data
	Dec18	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														1.80	1.51	1.52	1.71	1.74

Competitive Comparison of Privia Health Group's Days Payable

For the Health Information Services subindustry, Privia Health Group'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.

Privia Health Group's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Privia Health Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Privia Health Group's Days Payable falls into.

Privia Health Group 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.

Privia Health Group'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
=	( (6.731	+	7.882)	/	2 )	/	1496.236	*	365
=	7.3065					/	1496.236	*	365
=	1.78

Privia Health Group'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: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (7.882	+	6.43)	/	2 )	/	374.393	*	365 / 4
=	7.156					/	374.393	*	365 / 4
=	1.74

Privia Health Group Days Payable Related Terms

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

Privia Health Group (Privia Health Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Privia Health Group Inc (NAS:PRVA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

950 N. Glebe Road, Suite 700, Arlington, VA, USA, 22203

Website

https://www.priviahealth.com

Privia Health Group Inc is a technology-driven, national physician-enablement company. It collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care in both in-person and virtual care settings.

Executives

William M Sullivan	director	ONE PENN PLAZA, SUITE 5300, NY NY 10119
Thomas Bartrum	officer: EVP, General Counsel	950 N. GLEBE RD., SUITE 700, ALEXANDRIA VA 22203
Pamela O Kimmet	director	11207 ORANGE HIBISCUS LANE, PALM BEACH GARDENS FL 33418
David S Wichmann	director	BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Parth Mehrotra	officer: President and COO	950 N. GLEBE RD., SUITE 700, ARLINGTON VA 22203
Adam Boehler	director	1215 5TH AVE N,, NASHVILLE TN 37208
Matthew Shawn Morris	director, officer: Chief Executive Officer	950 N. GLEBE ST., SUITE 700, ARLINGTON VA 22203
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Jeffrey Daniel Bernstein	director	200 WEST STREET, NEW YORK NY 10282
Pamplona Capital Partners Iii, L.p.	10 percent owner	94 SOLARIS AVENUE, CAMANA BAY, P.O. BOX 1348, GRAND CAYMAN E9 KY1-1108
Mbd Advisors, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
David Mountcastle	officer: Chief Financial Officer	950 N. GLEBE RD., SUITE 700, ARLINGTON VA 22203
Jeffrey B Butler	director	950 N. GLEBE RD., SUITE 700, ARLINGTON VA 22101
David P King	director	PRIVIA HEALTH GROUP, INC., 950 N. GLEBE RD., SUITE 700, ARLINGTON VA 22203
Patricia Anne Maryland	director	7342 HORIZON DRIVE, WEST PALM BEACH FL 33412