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Trinity Industries Inc (NYSE:TRN)
Days Payable
24.23 (As of Sep. 2015)

Trinity Industries Inc's payable for the three months ended in Sep. 2015 was $295 Mil. Trinity Industries Inc's cost of goods sold for the three months ended in Sep. 2015 was $1,109 Mil. Hence, Trinity Industries Inc's days payable for the three months ended in Sep. 2015 was 24.23.

TRN' s Days Payable Range Over the Past 10 Years
Min: 13.38   Max: 93.56
Current: 22.33

13.38
93.56

During the past 13 years, Trinity Industries Inc's highest Days Payable was 93.56. The lowest was 13.38. And the median was 25.78.

TRN's Days Payable is ranked lower than
74% of the 535 Companies
in the Global Railroads industry.

( Industry Median: 35.84 vs. TRN: 22.33 )

Trinity Industries Inc's days payable declined from Sep. 2014 (25.20) to Sep. 2015 (24.23). It may suggest that Trinity Industries Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Trinity Industries Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=295.4/4619.8*365
=23.34

Trinity Industries Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=294.6/1109.4*365 / 4
=24.23

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Trinity Industries Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 93.5691.080.0025.7813.3832.5132.1122.5123.7623.34

Trinity Industries Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 21.0322.5920.5021.9024.3425.2021.1422.5720.4624.23
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