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Trio-Tech International (AMEX:TRT)
Days Payable
44.49 (As of Dec. 2015)

Trio-Tech International's payable for the three months ended in Dec. 2015 was $3.04 Mil. Trio-Tech International's cost of goods sold for the three months ended in Dec. 2015 was $6.24 Mil. Hence, Trio-Tech International's days payable for the three months ended in Dec. 2015 was 44.49.

TRT' s Days Payable Range Over the Past 10 Years
Min: 23.85   Max: 97.24
Current: 45.79

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
54% of the 779 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 48.61 vs. TRT: 45.79 )

Trio-Tech International's days payable declined from Dec. 2014 (47.11) to Dec. 2015 (44.49). 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. 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 Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3.042/6.239*365 / 4
=44.49

* 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

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 51.8553.8953.9740.4547.0247.1135.9740.7547.2744.49
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