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Trio-Tech International (AMEX:TRT)
Days Payable
45.69 (As of Sep. 2016)

Trio-Tech International's payable for the six months ended in Sep. 2016 was $3.31 Mil. Trio-Tech International's cost of goods sold for the six months ended in Sep. 2016 was $6.61 Mil. Hence, Trio-Tech International's days payable for the six months ended in Sep. 2016 was 91.37.

TRT' s Days Payable Range Over the Past 10 Years
Min: 23.85   Max: 97.24
Current: 45.53

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 lower than
55% of the 756 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 50.75 vs. TRT: 45.53 )

Trio-Tech International's days payable declined from Mar. 2016 (51.47) to Sep. 2016 (45.69). It may suggest that Trio-Tech International 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.

Trio-Tech International'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
=2.921/25.685*365
=41.51

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3.311/6.613*365 / 2
=91.37

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Trio-Tech International Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 23.8530.0224.7397.2425.1367.9659.3941.2740.4341.51

Trio-Tech International Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 40.4547.0247.1135.9740.7547.2744.4951.4741.1945.69
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