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Trio-Tech International (AMEX:TRT)
Days Payable
41.19 (As of Jun. 2016)

Trio-Tech International's payable for the three months ended in Jun. 2016 was $2.92 Mil. Trio-Tech International's cost of goods sold for the three months ended in Jun. 2016 was $6.47 Mil. Hence, Trio-Tech International's days payable for the three months ended in Jun. 2016 was 41.19.

TRT' s Days Payable Range Over the Past 10 Years
Min: 23.85   Max: 97.24
Current: 41.51

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
60% of the 756 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 49.14 vs. TRT: 41.51 )

Trio-Tech International's days payable increased from Jun. 2015 (40.75) to Jun. 2016 (41.19). 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. 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 Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2.921/6.471*365 / 4
=41.19

* 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

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 23.8530.0224.7397.2425.1367.9659.3941.2740.4341.51

Trio-Tech International Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 53.9740.4547.0247.1135.9740.7547.2744.4951.4741.19
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