PureCycle Technologies (PureCycle Technologies) Days Payable : 55.63 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is PureCycle Technologies Days Payable?

PureCycle Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $4.86 Mil. PureCycle Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $7.98 Mil. Hence, PureCycle Technologies's Days Payable for the three months ended in Dec. 2023 was 55.63.

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

PCT' s Days Payable Range Over the Past 10 Years
Min: 15.84 Med: 63.43 Max: 1438.2
Current: 62.47

During the past 6 years, PureCycle Technologies's highest Days Payable was 1438.20. The lowest was 15.84. And the median was 63.43.

PCT's Days Payable is ranked worse than
59.93% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs PCT: 62.47

PureCycle Technologies's Days Payable declined from Dec. 2022 (59.03) to Dec. 2023 (55.63). It may suggest that PureCycle Technologies accelerated paying its suppliers.

PureCycle Technologies Days Payable Historical Data

The historical data trend for PureCycle Technologies'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.

PureCycle Technologies Days Payable Chart

PureCycle Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

219.64

72.61

54.24

23.60

15.84

PureCycle Technologies Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial														59.03	130.24	108.79	36.90	55.63

Competitive Comparison of PureCycle Technologies's Days Payable

For the Pollution & Treatment Controls subindustry, PureCycle Technologies'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.

PureCycle Technologies's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PureCycle Technologies's Days Payable distribution charts can be found below:

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

PureCycle Technologies 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.

PureCycle Technologies'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
=	( (1.667	+	2.881)	/	2 )	/	52.392	*	365
=	2.274					/	52.392	*	365
=	15.84

PureCycle Technologies'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6.847	+	2.881)	/	2 )	/	7.979	*	365 / 4
=	4.864					/	7.979	*	365 / 4
=	55.63

PureCycle Technologies Days Payable Related Terms

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

PureCycle Technologies (PureCycle Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PureCycle Technologies Inc (NAS:PCT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PCTTU:USA PCT:Mexico

Address

5950 Hazeltine National Drive, Suite 300, Orlando, FL, USA, 32822

Website

https://www.purecycle.com

PureCycle Technologies Inc holds a global license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into a virgin-like resin. The proprietary process removes color, odor and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market.

Executives

Lawrence C Somma	officer: Chief Financial Officer	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Steven F Bouck	director	C/O WASTE CONNECTIONS INC, 2260 DOUGLAS BLVD SUITE 280, ROSEVILLE CA 95661
Fernando Musa	director	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Daniel M Coombs	director	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Dustin Olson	officer: Chief Manufacturing Officer	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Brad Kalter	officer: Gen. Counsel & Corp. Secretary	800 2ND AVE S, ST PETERSBURG FL 33701
John Stewart Scott	director	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
David Warner Brenner	officer: Chief Commercial Officer	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Jeffrey Richard Fieler	director	10 MARKET STREET, PO BOX 687, GRAND CAYMAN E9 KY1-9006
Sylebra Capital Ltd	10 percent owner	28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Timothy Glockner	director	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Daniel Patrick Gibson	10 percent owner	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Michael Otworth	director, officer: Chairman & CEO	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Allen Jacoby	director	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Michael E Dee	officer: Chief Financial Officer	118 VINTAGE PARK BLVD, HOUSTON TX 77070