Switch to:
TRC Companies Inc (NYSE:TRR)
Days Payable
28.39 (As of Mar. 2016)

TRC Companies Inc's payable for the three months ended in Mar. 2016 was $32.4 Mil. TRC Companies Inc's cost of goods sold for the three months ended in Mar. 2016 was $104.0 Mil. Hence, TRC Companies Inc's days payable for the three months ended in Mar. 2016 was 28.39.

TRR' s Days Payable Range Over the Past 10 Years
Min: 34.63   Max: 86.86
Current: 31.87

34.63
86.86

During the past 13 years, TRC Companies Inc's highest Days Payable was 86.86. The lowest was 34.63. And the median was 46.66.

TRR's Days Payable is ranked lower than
63% of the 112 Companies
in the Global Waste Management industry.

( Industry Median: 45.55 vs. TRR: 31.87 )

TRC Companies Inc's days payable declined from Mar. 2015 (29.72) to Mar. 2016 (28.39). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=31.999/337.291*365
=34.63

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=32.37/104.03*365 / 4
=28.39

* 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

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 65.2286.8683.8670.8543.1147.8445.4843.8238.2034.63

TRC Companies Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 30.7533.4038.6134.4239.8829.7232.4434.4032.3428.39
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK