GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tri-Tech Holding Inc (FRA:TTW) » Definitions » Days Payable

Tri-Tech Holding (FRA:TTW) Days Payable : 147.79 (As of Dec. 2013)


View and export this data going back to . Start your Free Trial

What is Tri-Tech Holding Days Payable?

Tri-Tech Holding's average Accounts Payable for the three months ended in Dec. 2013 was €5.88 Mil. Tri-Tech Holding's Cost of Goods Sold for the three months ended in Dec. 2013 was €3.63 Mil. Hence, Tri-Tech Holding's Days Payable for the three months ended in Dec. 2013 was 147.79.

The historical rank and industry rank for Tri-Tech Holding's Days Payable or its related term are showing as below:

FRA:TTW' s Days Payable Range Over the Past 10 Years
Min: 34.54   Med: 80.96   Max: 266.48
Current: 266.48

During the past 8 years, Tri-Tech Holding's highest Days Payable was 266.48. The lowest was 34.54. And the median was 80.96.

FRA:TTW's Days Payable is not ranked
in the Waste Management industry.
Industry Median: 71.54 vs FRA:TTW: 266.48

Tri-Tech Holding's Days Payable declined from Dec. 2012 (168.98) to Dec. 2013 (147.79). It may suggest that Tri-Tech Holding accelerated paying its suppliers.


Tri-Tech Holding Days Payable Historical Data

The historical data trend for Tri-Tech Holding's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tri-Tech Holding Days Payable Chart

Tri-Tech Holding Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Payable
Get a 7-Day Free Trial 36.70 40.22 66.30 86.66 353.88

Tri-Tech Holding Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Dec14
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.09 41.41 90.58 147.79 -

Competitive Comparison of Tri-Tech Holding's Days Payable

For the Waste Management subindustry, Tri-Tech Holding's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tri-Tech Holding's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tri-Tech Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Tri-Tech Holding's Days Payable falls into.



Tri-Tech Holding Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Tri-Tech Holding's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (6.788 + 4.1) / 2 ) / 5.615*365
=5.444 / 5.615*365
=353.88

Tri-Tech Holding's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable (Q: Dec. 2013 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2013 ) + Accounts Payable (Q: Dec. 2013 )) / count ) / Cost of Goods Sold (Q: Dec. 2013 )*Days in Period
=( (4.977 + 6.788) / 2 ) / 3.632*365 / 4
=5.8825 / 3.632*365 / 4
=147.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tri-Tech Holding Days Payable Related Terms

Thank you for viewing the detailed overview of Tri-Tech Holding's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Tri-Tech Holding (FRA:TTW) Business Description

Traded in Other Exchanges
N/A
Address
No.101 Jingshun Road, Floor 16, Tower B, Renji Plaza, Chaoyang District, Beijing, CHN, 100102
Tri-Tech Holding Inc provides consulting, engineering, procurement, construction, and technical services. It operates through the Water, Wastewater Treatment, and Municipal Infrastructure; and Industrial Pollution Control and Safety segments. The Water, Wastewater Treatment, and Municipal Infrastructure segment focus on the municipal water supply and distribution, wastewater treatment, and gray water recycling. The Industrial Pollution Control and Safety segment comprises of activities such as zero liquid discharge, multi-effect evaporation, multi-flash evaporation, as well as emissions control. The company serves the government, state-owned entities, and commercial clients. It has business presence across China, India, Middle East and the United States.

Tri-Tech Holding (FRA:TTW) Headlines

No Headlines