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TRC Companies Inc (NYSE:TRR)
Days Payable
21.99 (As of Jun. 2016)

TRC Companies Inc's payable for the three months ended in Jun. 2016 was $29.3 Mil. TRC Companies Inc's cost of goods sold for the three months ended in Jun. 2016 was $121.6 Mil. Hence, TRC Companies Inc's days payable for the three months ended in Jun. 2016 was 21.99.

TRR' s Days Payable Range Over the Past 10 Years
Min: 26.59   Max: 86.86
Current: 26.59

26.59
86.86

During the past 13 years, TRC Companies Inc's highest Days Payable was 86.86. The lowest was 26.59. And the median was 44.65.

TRR's Days Payable is ranked lower than
64% of the 105 Companies
in the Global Waste Management industry.

( Industry Median: 41.01 vs. TRR: 26.59 )

TRC Companies Inc's days payable declined from Jun. 2015 (32.44) to Jun. 2016 (21.99). It may suggest that TRC Companies 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.

TRC Companies Inc's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=29.311/402.317*365
=26.59

TRC Companies Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=29.311/121.627*365 / 4
=21.99

* 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.

TRC Companies Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 86.8683.8639.7664.4347.8445.4843.8238.2034.6326.59

TRC Companies Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 33.4038.6134.4239.8829.7232.4434.4032.3428.3921.99
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