Pioneer Power Solutions Inc.

NASDAQ PPSI

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Pioneer Power Solutions Inc. Accounts Payable Turnover Ratio 5 year CAGR for the quarter ending September 30, 2023: 15.07%

Pioneer Power Solutions Inc. Accounts Payable Turnover Ratio 5 year CAGR is 15.07% for the quarter ending September 30, 2023, a 598.90% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Pioneer Power Solutions Inc. Accounts Payable Turnover Ratio for the quarter ending December 31, 2022 was 1.70, a 101.67% change year over year.
  • Pioneer Power Solutions Inc. Accounts Payable Turnover Ratio for the quarter ending December 31, 2021 was 0.84, a -36.72% change year over year.
  • Pioneer Power Solutions Inc. Accounts Payable Turnover Ratio for the quarter ending December 31, 2020 was 1.33, a 50.89% change year over year.
  • Pioneer Power Solutions Inc. Accounts Payable Turnover Ratio for the quarter ending December 31, 2019 was 0.88, a -24.22% change year over year.
NASDAQ: PPSI

Pioneer Power Solutions Inc.

CEO Mr. Nathan J. Mazurek
IPO Date May 3, 2013
Location United States
Headquarters One Parker Plaza, Fort Lee, NJ, United States, 07024
Employees 99
Sector Industrials
Industry Electrical equipment & parts
Description

Pioneer Power Solutions, Inc., together with its subsidiaries, design, manufacture, integrate, refurbish, distribute, sell, and service electric power systems, distributed energy resources, power generation equipment, and mobile EV charging solutions. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions. The Transmission & Distribution Solutions segment provides electric power systems that help customers effectively and efficiently protect, control, transfer, monitor, and manage their electric energy requirements. It also provides e-Bloc power systems, low voltage switchgears, and transfer switches. The Critical Power Solutions segment provides power generation equipment, and aftermarket field-services to ensure smooth and uninterrupted power to operations during times of emergency. It serves utility, industrial, and commercial markets. The company was incorporated in 2008 and is headquartered in Fort Lee, New Jersey.

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StockViz Staff

September 20, 2024

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