Plurilock Security (TSXV:PLUR) Days Payable : 72.94 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Plurilock Security Days Payable?

Plurilock Security's average Accounts Payable for the three months ended in Dec. 2023 was C$17.18 Mil. Plurilock Security's Cost of Goods Sold for the three months ended in Dec. 2023 was C$21.50 Mil. Hence, Plurilock Security's Days Payable for the three months ended in Dec. 2023 was 72.94.

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

TSXV:PLUR' s Days Payable Range Over the Past 10 Years
Min: 52.74 Med: 76.74 Max: 697.24
Current: 73.9

During the past 5 years, Plurilock Security's highest Days Payable was 697.24. The lowest was 52.74. And the median was 76.74.

TSXV:PLUR's Days Payable is ranked better than
60.8% of 2536 companies
in the Software industry
Industry Median: 50.1 vs TSXV:PLUR: 73.90

Plurilock Security's Days Payable declined from Dec. 2022 (82.57) to Dec. 2023 (72.94). It may suggest that Plurilock Security accelerated paying its suppliers.

Plurilock Security Days Payable Historical Data

The historical data trend for Plurilock Security'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.

Plurilock Security Days Payable Chart

Plurilock Security Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

469.94

697.24

52.74

55.49

76.74

Plurilock Security Quarterly Data
	Jun19	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														82.57	71.96	94.45	61.92	72.94

Competitive Comparison of Plurilock Security's Days Payable

For the Software - Infrastructure subindustry, Plurilock Security'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.

Plurilock Security's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Plurilock Security's Days Payable distribution charts can be found below:

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

Plurilock Security 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.

Plurilock Security'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
=	( (8.465	+	18.685)	/	2 )	/	64.568	*	365
=	13.575					/	64.568	*	365
=	76.74

Plurilock Security'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
=	( (15.679	+	18.685)	/	2 )	/	21.496	*	365 / 4
=	17.182					/	21.496	*	365 / 4
=	72.94

Plurilock Security Days Payable Related Terms

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

Plurilock Security (TSXV:PLUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Plurilock Security Inc (TSXV:PLUR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PLCKF:USA 659:Germany

Address

1021 West Hastings Street, MNP Tower, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.plurilock.com

Plurilock Security Inc is an identity-centric cybersecurity company that reduces or eliminates the need for passwords by measuring the pace, rhythm, and cadence of a user's keystrokes to confirm their identity. It has two operating segments, the Technology Division and the Solutions Division. The Technology division, operated under the legacy Plurilock brand, builds and operates Plurilock's own proprietary products. The Solutions division offers ASC's and INC's services and resells cybersecurity industry products and technologies to meet customer needs.

Executives

Jord Tanner

Senior Officer