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Trio-Tech International (AMEX:TRT)
Days Payable
51.47 (As of Mar. 2016)

Trio-Tech International's payable for the three months ended in Mar. 2016 was $4.07 Mil. Trio-Tech International's cost of goods sold for the three months ended in Mar. 2016 was $7.22 Mil. Hence, Trio-Tech International's days payable for the three months ended in Mar. 2016 was 51.47.

TRT' s Days Payable Range Over the Past 10 Years
Min: 23.85   Max: 97.24
Current: 58.51

23.85
97.24

During the past 13 years, Trio-Tech International's highest Days Payable was 97.24. The lowest was 23.85. And the median was 40.85.

TRT's Days Payable is ranked higher than
61% of the 766 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 48.44 vs. TRT: 58.51 )

Trio-Tech International's days payable increased from Mar. 2015 (35.97) to Mar. 2016 (51.47). It may suggest that Trio-Tech International delayed 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.

Trio-Tech International'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
=2.77/25.007*365
=40.43

Trio-Tech International's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4.074/7.223*365 / 4
=51.47

* 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.

Trio-Tech International Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 65.6823.8530.0224.7397.2425.1367.9659.3941.2740.43

Trio-Tech International Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 53.8953.9740.4547.0247.1135.9740.7547.2744.4951.47
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