Penguin Solutions (PENG) Change in Account Payables (2016 - 2021)
Penguin Solutions (PENG) posted quarterly Change in Account Payables of $76.5 million for Q2 2021, up 96.09% year-over-year from $39.0 million in Q2 2020, and up 254.22% quarter-over-quarter from $21.6 million in Q1 2021.
Penguin Solutions (PENG) Change in Account Payables (2016 - 2021) Analysis & Trends
Penguin Solutions (PENG) has reported Change in Account Payables for 6 consecutive years, with $76.5 million the latest figure, recorded in Q2 2021.
- In Q2 2021, Change in Account Payables rose 96.09% year-over-year to $76.5 million; the TTM figure through May 2021 stood at $90.6 million (up 19.16% YoY), while the FY2020 annual figure was $70.1 million, up 208.55% from the prior year.
- Change in Account Payables climbed to $76.5 million in Q2 2021 per PENG's latest filing, from $21.6 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $76.5 million in Q2 2021 and bottomed at -$76.4 million in Q2 2019.
- Historically, Change in Account Payables has averaged $10.3 million across 5 years, with a median of $19.8 million in 2020.
- Annual changes were most pronounced in 2019 — Change in Account Payables tumbled 264.28% — and 2021, when it jumped 671.31%.
- Penguin Solutions' Change in Account Payables stood at $47.5 million in 2017, then climbed by 2.28% to $48.6 million in 2018, then increased by 24.42% to $60.4 million in 2019, then slumped by 70.18% to $18.0 million in 2020, then soared by 324.69% to $76.5 million in 2021.
- Business Quant data shows PENG's Change in Account Payables at $76.5 million in Q2 2021, $21.6 million in Q1 2021, and $18.0 million in Q4 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | - |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 60.59 Mn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | -39.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 4.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | - |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | - |
| 10 | Penguin Solutions | 2.68 Bn | 2.24 Bn | 133.21 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 28, 2021 | 76.54 Mn |
| May 28, 2021 | 76.54 Mn |
| Feb 26, 2021 | 21.61 Mn |
| Feb 26, 2021 | 21.61 Mn |
| Nov 27, 2020 | 18.02 Mn |
| Nov 27, 2020 | 18.02 Mn |
| Aug 28, 2020 | -25.60 Mn |
| Aug 28, 2020 | -25.60 Mn |
| May 29, 2020 | 39.03 Mn |
| May 29, 2020 | 39.03 Mn |
| Feb 28, 2020 | -3.78 Mn |
| Feb 28, 2020 | -3.78 Mn |
| Nov 29, 2019 | 60.44 Mn |
| Nov 29, 2019 | 60.44 Mn |
| Aug 30, 2019 | -19.68 Mn |
| Aug 30, 2019 | -19.68 Mn |
| May 31, 2019 | -76.44 Mn |
| May 31, 2019 | -76.44 Mn |
| Mar 1, 2019 | -17.02 Mn |
| Mar 1, 2019 | -17.02 Mn |