Trend Micro (Trend Micro) Days Payable : 12.12 (As of Dec. 2023)

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What is Trend Micro Days Payable?

Trend Micro's average Accounts Payable for the three months ended in Dec. 2023 was $17 Mil. Trend Micro's Cost of Goods Sold for the three months ended in Dec. 2023 was $127 Mil. Hence, Trend Micro's Days Payable for the three months ended in Dec. 2023 was 12.12.

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

TMICY' s Days Payable Range Over the Past 10 Years
Min: 9.04 Med: 10.88 Max: 15.96
Current: 12.18

During the past 13 years, Trend Micro's highest Days Payable was 15.96. The lowest was 9.04. And the median was 10.88.

TMICY's Days Payable is ranked worse than
89.58% of 2524 companies
in the Software industry
Industry Median: 50.7 vs TMICY: 12.18

Trend Micro's Days Payable increased from Dec. 2022 (11.36) to Dec. 2023 (12.12). It may suggest that Trend Micro delayed paying its suppliers.

Trend Micro Days Payable Historical Data

The historical data trend for Trend Micro'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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Trend Micro Days Payable Chart

Trend Micro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.70

9.85

9.43

11.91

14.44

Trend Micro Quarterly Data
	Mar19	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															11.36	12.13	11.05	11.84	12.12

Competitive Comparison of Trend Micro's Days Payable

For the Software - Infrastructure subindustry, Trend Micro'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.

Trend Micro's Days Payable Distribution in the Software Industry

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

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

Trend Micro 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.

Trend Micro'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
=	( (16.04	+	18.94)	/	2 )	/	442.161	*	365
=	17.49					/	442.161	*	365
=	14.44

Trend Micro'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
=	( (14.691	+	18.94)	/	2 )	/	126.593	*	365 / 4
=	16.8155					/	126.593	*	365 / 4
=	12.12

Trend Micro Days Payable Related Terms

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Trend Micro (Trend Micro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trend Micro Inc (OTCPK:TMICY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4704:Japan TMI:Germany

Address

Shibuya-ku, 2-1-1 Shinjuku Maynds Tower, Yoyogi, Tokyo, JPN, 151-0053

Website

http://www.trendmicro.co.jp

Trend Micro provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. Sales have averaged 75% annual growth over the past decade. Customers include British Airways, Merrill Lynch, Microsoft, Pacific Bell, and governmental agencies in the United States and Japan.