Trinity Biotech (Trinity Biotech) Days Payable

: 101.79 (As of Sep. 2023)

View and export this data going back to 1995. Start your Free Trial

Trinity Biotech's average Accounts Payable for the three months ended in Sep. 2023 was $11.60 Mil. Trinity Biotech's Cost of Goods Sold for the three months ended in Sep. 2023 was $10.40 Mil. Hence, Trinity Biotech's Days Payable for the three months ended in Sep. 2023 was 101.79.

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

TRIB' s Days Payable Range Over the Past 10 Years
Min: 44.88 Med: 53.73 Max: 89.39
Current: 89.39

During the past 13 years, Trinity Biotech's highest Days Payable was 89.39. The lowest was 44.88. And the median was 53.73.

TRIB's Days Payable is ranked better than
60.48% of 210 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs TRIB: 89.39

Trinity Biotech's Days Payable increased from Sep. 2022 (77.83) to Sep. 2023 (101.79). It may suggest that Trinity Biotech delayed paying its suppliers.

Trinity Biotech Days Payable Historical Data

The historical data trend for Trinity Biotech'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.

Trinity Biotech Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

53.06

55.64

51.05

46.10

44.88

Trinity Biotech Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															77.83	52.85	94.22	131.09	101.79

Competitive Comparison

For the Diagnostics & Research subindustry, Trinity Biotech'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.

Trinity Biotech Days Payable Distribution

For the Medical Diagnostics & Research industry and Healthcare sector, Trinity Biotech's Days Payable distribution charts can be found below:

* The bar in red indicates where Trinity Biotech's Days Payable falls into.

Trinity Biotech 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.

Trinity Biotech's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6.763	+	6.205)	/	2 )	/	52.731	*	365
=	6.484					/	52.731	*	365
=	44.88

Trinity Biotech's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (12.57	+	10.626)	/	2 )	/	10.397	*	365 / 4
=	11.598					/	10.397	*	365 / 4
=	101.79

Trinity Biotech Days Payable Related Terms

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

Trinity Biotech (Trinity Biotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Trinity Biotech PLC (NAS:TRIB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TRBA:Germany

Address

IDA Business Park, Bray, County Wicklow, Dublin, IRL, A98 H5C8

Website

https://www.trinitybiotech.com

Trinity Biotech PLC is in the business of development, manufacturing, and marketing clinical diagnostic products for clinical laboratory and point of care sections of the diagnostic market. Its products are used to detect autoimmune, infectious, sexually transmitted diseases, diabetes, and disorders of the liver and intestine. The company also provides raw materials to the life sciences and research industries globally. It markets products under the brand names Recombigen, Unigold, MarBlot, Mardx, Premier, Immublot, EZ, Capita, and others. Geographically, it has two segments namely the Americas, and Rest of World - Ireland of which it derives a majority of its revenues from the Americas segment.