Purv Flexipack (NSE:PURVFLEXI) Days Payable : 37.20 (As of Sep. 2024)

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What is Purv Flexipack Days Payable?

Purv Flexipack's average Accounts Payable for the six months ended in Sep. 2024 was ₹316 Mil. Purv Flexipack's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹1,550 Mil. Hence, Purv Flexipack's Days Payable for the six months ended in Sep. 2024 was 37.20.

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

NSE:PURVFLEXI' s Days Payable Range Over the Past 10 Years
Min: 25.72 Med: 37.68 Max: 50.63
Current: 38.49

During the past 4 years, Purv Flexipack's highest Days Payable was 50.63. The lowest was 25.72. And the median was 37.68.

NSE:PURVFLEXI's Days Payable is ranked worse than
73.3% of 382 companies
in the Packaging & Containers industry
Industry Median: 58.865 vs NSE:PURVFLEXI: 38.49

Purv Flexipack's Days Payable declined from Sep. 2023 (41.91) to Sep. 2024 (37.20). It may suggest that Purv Flexipack accelerated paying its suppliers.

Purv Flexipack Days Payable Historical Data

The historical data trend for Purv Flexipack'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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Purv Flexipack Days Payable Chart

Purv Flexipack Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

50.63

25.72

26.70

48.66

Purv Flexipack Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial			-	-	41.91	41.47	37.20

Competitive Comparison of Purv Flexipack's Days Payable

For the Packaging & Containers subindustry, Purv Flexipack'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.

Purv Flexipack's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Purv Flexipack's Days Payable distribution charts can be found below:

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

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Purv Flexipack 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.

Purv Flexipack's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (312.932	+	298.61)	/	2 )	/	2293.474	*	365
=	305.771					/	2293.474	*	365
=	48.66

Purv Flexipack's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (298.61	+	333.132)	/	2 )	/	1549.582	*	365 / 2
=	315.871					/	1549.582	*	365 / 2
=	37.20

Purv Flexipack Days Payable Related Terms

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Purv Flexipack Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Purv Flexipack Ltd (NSE:PURVFLEXI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Sarat Bose Road, Annapurna Apartment, Suit 1C, 1st Floor, Kolkata, WB, IND, 700020

Website

https://www.purvgroup.in/purv-flexipack-limited

Purv Flexipack Ltd is a company mainly engaged in the distribution of various plastic-based products such as Biaxially Oriented Polypropylene (BOPP) film, Polyester Films, Cast Polypropylene (CPP) films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide. The company is a dealer of various companies for distribution of plastic based products.

Purv Flexipack Headlines

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