Purple Unitedles (NSE:PURPLEUTED) Quick Ratio: 0.86 (As of Mar. 2026) — 44% Below Median


NSE:PURPLEUTED Purple United Sales Ltd NSE:PURPLEUTED
14 GF Score
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What is Purple Unitedles Quick Ratio?

Purple Unitedles NSE:PURPLEUTED +1.47% 14 Quick Ratio is 0.86 as of Mar. 2026, which is 44% below its 10-year median of 1.53. GuruFocus rates NSE:PURPLEUTED with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Purple Unitedles ranks worse than 62.99% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Purple Unitedles's quick ratio for the quarter that ended in Mar. 2026 was 0.86.

Purple Unitedles has a quick ratio of 0.86. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Purple Unitedles's Quick Ratio or its related term are showing as below:

NSE:PURPLEUTED' s Quick Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.53   Max: 1.92
Current: 0.86

During the past 5 years, Purple Unitedles's highest Quick Ratio was 1.92. The lowest was 0.86. And the median was 1.53.

NSE:PURPLEUTED's Quick Ratio is ranked worse than
62.99% of 1062 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs NSE:PURPLEUTED: 0.86

Purple Unitedles  (NSE:PURPLEUTED) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Purple Unitedles Quick Ratio Related Terms


Purple Unitedles Quick Ratio Historical Data

* Premium members only.

The historical data trend for Purple Unitedles's Quick Ratio 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.

Purple Unitedles Quick Ratio Chart

Purple Unitedles Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
1.73 1.44 1.53 1.92 0.86

Purple Unitedles Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Mar26
Quick Ratio Get a 7-Day Free Trial 1.44 1.53 1.28 1.92 0.86

NSE:PURPLEUTED vs RL, LEVI, VFC: Quick Ratio Comparison

For the Apparel Manufacturing subindustry, Purple Unitedles's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.


Purple Unitedles Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Purple Unitedles's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Purple Unitedles's Quick Ratio falls into.


NSE:PURPLEUTED
14GF Score
Purple United Sales Ltd NSE:PURPLEUTED
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Purple Unitedles Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Purple Unitedles's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1845.55-731.36)/1297.118
=0.86

Purple Unitedles's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1845.55-731.36)/1297.118
=0.86

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.86 mean?
Purple Unitedles (NSE:PURPLEUTED) has a Quick Ratio of 0.86 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Purple Unitedles and its competitors. This is 44% below median its historical median of 1.53. Over the past decade, Purple Unitedles' Quick Ratio has ranged from 0.86 to 1.92. According to the industry distribution chart, Purple Unitedles ranks #669 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63%.
Is Purple Unitedles' Quick Ratio too high?
Purple Unitedles' current Quick Ratio of 0.86 is 44% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 1.92. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Purple Unitedles' value of 0.86 is 22.5% below this industry median. Based on the distribution chart, Purple Unitedles ranks #669 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Purple Unitedles has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Purple Unitedles' Quick Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Purple Unitedles ranks #669 out of 1062 companies for Quick Ratio. This places Purple Unitedles in the lower half of its industry. The industry median Quick Ratio is 1.11. Purple Unitedles' value of 0.86 is 22.5% below this benchmark. Historically, Purple Unitedles' own Quick Ratio has ranged from 0.86 to 1.92 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.11, Purple Unitedles has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,062 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Purple Unitedles's current Quick Ratio of 0.86 is 22.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Purple Unitedles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Purple Unitedles's current Quick Ratio is 0.86, which is 44% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Purple Unitedles stock overvalued right now?
Purple Unitedles (NSE:PURPLEUTED) has a current Quick Ratio of 0.86. The current Quick Ratio is 0.86, which is 44% below median its 10-year median of 1.53 and 22.5% below the Manufacturing - Apparel & Accessories industry median of 1.11. Purple Unitedles' overall GF Score™ is 14/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Purple Unitedles (NSE:PURPLEUTED), the current Quick Ratio is 0.86 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Purple Unitedles Business Description

Address Amity Road, Tower B, Ground Floor, Smartworks Corporate Park, Plot 1 & 2, Sector 125, Gautam Buddha Nagar, Noida, UP, IND, 201303
Purple United Sales Ltd is a fashion brand dedicated to offering versatile apparel, footwear, and accessories for children of all ages. Its brand, Purple United Kids, offers a selection of products for children at different stages of growth. The brand designs, develops, sources, markets, and sells apparel, footwear, accessories, and hard goods such as strollers. It operates under a single operating segment, which is the Fashion Apparel Business.
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