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Trelleborg AB (Trelleborg AB) Days Payable : 40.25 (As of Mar. 2024)


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What is Trelleborg AB Days Payable?

Trelleborg AB's average Accounts Payable for the three months ended in Mar. 2024 was $226 Mil. Trelleborg AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $512 Mil. Hence, Trelleborg AB's Days Payable for the three months ended in Mar. 2024 was 40.25.

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

TBABF' s Days Payable Range Over the Past 10 Years
Min: 40.53   Med: 51.69   Max: 84.85
Current: 41.04

During the past 13 years, Trelleborg AB's highest Days Payable was 84.85. The lowest was 40.53. And the median was 51.69.

TBABF's Days Payable is ranked worse than
78.63% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs TBABF: 41.04

Trelleborg AB's Days Payable declined from Mar. 2023 (42.93) to Mar. 2024 (40.25). It may suggest that Trelleborg AB accelerated paying its suppliers.

Trelleborg AB Days Payable Historical Data

The historical data trend for Trelleborg AB'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.

Trelleborg AB Days Payable Chart

Trelleborg AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.36 56.25 88.05 67.83 40.28

Trelleborg AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.93 - - 38.97 40.25

Competitive Comparison of Trelleborg AB's Days Payable

For the Specialty Industrial Machinery subindustry, Trelleborg AB'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.

Trelleborg AB's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Trelleborg AB's Days Payable falls into.


Trelleborg AB 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.

Trelleborg AB'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
=( (251.783 + 225.784) / 2 ) / 2163.761*365
=238.7835 / 2163.761*365
=40.28

Trelleborg AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (225.784 + 0) / 1 ) / 511.847*365 / 4
=225.784 / 511.847*365 / 4
=40.25

* 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.

Trelleborg AB Days Payable Related Terms

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Trelleborg AB (Trelleborg AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Trelleborg AB (OTCPK:TBABF) » Definitions » Days Payable
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Traded in Other Exchanges
TREL B:Sweden TRELBs:UK 0NL3:UK TLLB:Germany
Address
Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Website
https://www.trelleborg.com
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on improving functionality, productivity, and minimizing energy waste for customers in transportation equipment, aerospace, and other industrial markets. The company has several different business areas: coated systems, industrial solutions, offshore and construction, sealing, and wheel. Products and components are molded to limit vibrations, provide automotive support, fit and protect tires, produce printing solutions, or offer support for other applications. Western Europe is an important region for the company and accounts for approximately half of total revenue.segments.