Primech Holdings (PMEC) Payables (2023 - 2026)
Primech Holdings (PMEC) posted quarterly Payables of $20.9 million for Q1 2026, up 11.36% year-over-year from $18.8 million in Q1 2025, and little changed quarter-over-quarter from $21.0 million in Q3 2025.
Primech Holdings (PMEC) Payables (2023 - 2026) Analysis & Trends
Primech Holdings' Payables history runs 4 years deep, the most recent figure standing at $20.9 million for Q1 2026.
- In Q1 2026, Payables rose 11.36% year-over-year to $20.9 million; the TTM figure through Mar 2026 stood at $20.9 million (up 11.36% YoY), while the FY2026 annual figure was $20.9 million, up 11.36% from the prior year.
- Payables for Q1 2026 stood at $20.9 million, roughly flat from $21.0 million in the prior quarter.
- The five-year high for Payables was $22.8 million in Q1 2023, with the low at $18.8 million in Q1 2025.
- The 4-year median for Payables is $20.9 million (2023), against an average of $20.6 million.
- The sharpest annual moves came in 2024 and 2026: Payables fell 9.3% in 2024, then rose 11.36% in 2026.
- Primech Holdings' Payables stood at $20.9 million in 2023, then fell by 7.74% to $19.3 million in 2024, then climbed by 8.78% to $21.0 million in 2025, then decreased by 0.27% to $20.9 million in 2026.
- Business Quant data shows PMEC's Payables at $20.9 million in Q1 2026, $21.0 million in Q3 2025, and $18.8 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.87 Bn | 81.58 Bn | 1.48 Bn | 461.16 Mn |
| 2 | Relx | 65.78 Bn | 65.61 Bn | - | 5.68 Bn |
| 3 | Copart | 31.97 Bn | 28.62 Bn | 732.88 Mn | 598.29 Mn |
| 4 | Global Payments | 25.50 Bn | 20.09 Bn | 2.03 Bn | 3.71 Bn |
| 5 | Rb Global | 16.14 Bn | 15.62 Bn | 935.50 Mn | 709.90 Mn |
| 6 | Aramark | 15.60 Bn | 15.10 Bn | 430.34 Mn | 1.14 Bn |
| 7 | UL Solutions | 15.06 Bn | 14.63 Bn | 417.00 Mn | 179.00 Mn |
| 8 | Rentokil Initial | 11.93 Bn | 9.41 Bn | - | 10.46 Bn |
| 9 | Dolby Laboratories | 6.15 Bn | 5.48 Bn | 264.68 Mn | 12.47 Mn |
| 10 | Primech Holdings | 17.32 Mn | 7.73 Mn | - | 20.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.95 Mn |
| Sep 30, 2025 | 21.00 Mn |
| Mar 31, 2025 | 18.81 Mn |
| Sep 30, 2024 | 19.31 Mn |
| Mar 31, 2024 | 20.68 Mn |
| Sep 30, 2023 | 20.93 Mn |
| Mar 31, 2023 | 22.80 Mn |