Penguin Solutions (PENG) Change in Account Payables (2016 - 2021)

Penguin Solutions (PENG) has reported Change in Account Payables for 6 consecutive years, with $76.5 million the latest figure, recorded in Q2 2021.

• On a quarterly basis, Change in Account Payables rose 96.09% year-over-year to $76.5 million in Q2 2021; TTM through May 2021 was $90.6 million, a 19.16% increase from a year earlier, with the FY2020 full-year figure at $70.1 million, up 208.55% from the prior year.
• Change in Account Payables was $76.5 million for Q2 2021 at Penguin Solutions, up from $21.6 million in the prior quarter.
• Over five years, Change in Account Payables peaked at $76.5 million in Q2 2021 and troughed at -$76.4 million in Q2 2019.
• A 5-year average of $10.3 million and a median of $19.8 million in 2020 frame the typical range for Change in Account Payables.
• Across the five-year window, Change in Account Payables plunged 264.28% in 2019 and soared 671.31% in 2021, its largest moves.
• Over 5 years, Change in Account Payables stood at $47.5 million in 2017, then gained by 2.28% to $48.6 million in 2018, then climbed by 24.42% to $60.4 million in 2019, then slumped by 70.18% to $18.0 million in 2020, then jumped by 324.69% to $76.5 million in 2021.
• The last three Change in Account Payables figures came in at $76.5 million (Q2 2021), $21.6 million (Q1 2021), and $18.0 million (Q4 2020), per Business Quant data.