Purit Co (XKRX:445180) Days Payable : 21.55 (As of Dec. 2023)

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What is Purit Co Days Payable?

Purit Co's average Accounts Payable for the six months ended in Dec. 2023 was ₩5,492 Mil. Purit Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩46,519 Mil. Hence, Purit Co's Days Payable for the six months ended in Dec. 2023 was 21.55.

The historical rank and industry rank for Purit Co's Days Payable or its related term are showing as below:

XKRX:445180' s Days Payable Range Over the Past 10 Years
Min: 21.34 Med: 26.81 Max: 56.07
Current: 22.03

During the past 4 years, Purit Co's highest Days Payable was 56.07. The lowest was 21.34. And the median was 26.81.

XKRX:445180's Days Payable is ranked worse than
88.84% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs XKRX:445180: 22.03

Purit Co's Days Payable declined from Dec. 2022 (22.25) to Dec. 2023 (21.55). It may suggest that Purit Co accelerated paying its suppliers.

Purit Co Days Payable Historical Data

The historical data trend for Purit Co'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.

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Purit Co Days Payable Chart

Purit Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

56.07

31.47

21.34

22.15

Purit Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Payable	-	22.25	22.35	21.55

Competitive Comparison of Purit Co's Days Payable

For the Specialty Chemicals subindustry, Purit Co'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.

Purit Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Purit Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Purit Co's Days Payable falls into.

Purit Co 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.

Purit Co'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
=	( (6907.257	+	5085.584)	/	2 )	/	98807.614	*	365
=	5996.4205					/	98807.614	*	365
=	22.15

Purit Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5898.29	+	5085.584)	/	2 )	/	46518.815	*	365 / 2
=	5491.937					/	46518.815	*	365 / 2
=	21.55

Purit Co Days Payable Related Terms

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Purit Co (XKRX:445180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Purit Co Ltd (XKRX:445180) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

249-278 Duryu-gil, Angang-eup, Gyeongsangbuk-do, Gyeongju-si, KOR

Website

https://www.purit.co.kr

Purit Co Ltd is a company whose business is for recovering and refining waste organic solvents generated in industrial and display processes. The Company's primary business activity is Refinement and manufacture of organic solvents. The business focuses on producing ultra-high purity chemical products for semiconductors and displays by synthesizing raw materials based on purification of waste organic solvents.

Purit Co (XKRX:445180) Headlines

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