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Hurtimex (WAR:HRT) Days Payable : 20,523.93 (As of Sep. 2023)


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What is Hurtimex Days Payable?

Hurtimex's average Accounts Payable for the three months ended in Sep. 2023 was zł558.25 Mil. Hurtimex's Cost of Goods Sold for the three months ended in Sep. 2023 was zł2.48 Mil. Hence, Hurtimex's Days Payable for the three months ended in Sep. 2023 was 20,523.93.

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

WAR:HRT' s Days Payable Range Over the Past 10 Years
Min: 40.42   Med: 144.57   Max: 9266.29
Current: 9266.29

During the past 13 years, Hurtimex's highest Days Payable was 9266.29. The lowest was 40.42. And the median was 144.57.

WAR:HRT's Days Payable is ranked better than
99.61% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.345 vs WAR:HRT: 9266.29

Hurtimex's Days Payable increased from Sep. 2022 (185.50) to Sep. 2023 (20,523.93). It may suggest that Hurtimex delayed paying its suppliers.


Hurtimex Days Payable Historical Data

The historical data trend for Hurtimex'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.

* Premium members only.

Hurtimex Days Payable Chart

Hurtimex Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.42 44.94 67.93 60.22 306.68

Hurtimex Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 185.50 212.43 420.54 550.75 20,523.93

Competitive Comparison of Hurtimex's Days Payable

For the Apparel Manufacturing subindustry, Hurtimex'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.


Hurtimex's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hurtimex's Days Payable distribution charts can be found below:

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



Hurtimex 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.

Hurtimex's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.836 + 11.349) / 2 ) / 7.251*365
=6.0925 / 7.251*365
=306.68

Hurtimex's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (11.48 + 1105.022) / 2 ) / 2.482*365 / 4
=558.251 / 2.482*365 / 4
=20,523.93

* 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.


Hurtimex Days Payable Related Terms

Thank you for viewing the detailed overview of Hurtimex's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Hurtimex (WAR:HRT) Business Description

Traded in Other Exchanges
N/A
Address
Ulica 28 Col. Strzelcow Kaniowskie 42, Lodz, POL, 90-640
Hurtimex SA designs and manufactures baby and children's clothing. The company offers sweatshirts, shirts, jackets, trousers, socks for children up to nine years old under its own brand TUP TUP.