Transnational (NSA:TRCNP) Days Payable : 571.49 (As of Sep. 2023)

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What is Transnational Days Payable?

Transnational's average Accounts Payable for the three months ended in Sep. 2023 was ₦155,838 Mil. Transnational's Cost of Goods Sold for the three months ended in Sep. 2023 was ₦24,883 Mil. Hence, Transnational's Days Payable for the three months ended in Sep. 2023 was 571.49.

The historical rank and industry rank for Transnational's Days Payable or its related term are showing as below:

NSA:TRCNP' s Days Payable Range Over the Past 10 Years
Min: 75.47 Med: 308.51 Max: 602.14
Current: 588.62

During the past 13 years, Transnational's highest Days Payable was 602.14. The lowest was 75.47. And the median was 308.51.

NSA:TRCNP's Days Payable is ranked better than
89.46% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.95 vs NSA:TRCNP: 588.62

Transnational's Days Payable increased from Sep. 2022 (482.25) to Sep. 2023 (571.49). It may suggest that Transnational delayed paying its suppliers.

Transnational Days Payable Historical Data

The historical data trend for Transnational'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.

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Transnational Days Payable Chart

Transnational Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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264.97

414.93

508.76

577.04

602.14

Transnational Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															482.25	498.55	654.03	688.20	571.49

Competitive Comparison of Transnational's Days Payable

For the Utilities - Independent Power Producers subindustry, Transnational'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.

Transnational's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Transnational's Days Payable distribution charts can be found below:

* The bar in red indicates where Transnational's Days Payable falls into.

Transnational 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.

Transnational's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (113603.721	+	111745.004)	/	2 )	/	68300.391	*	365
=	112674.3625					/	68300.391	*	365
=	602.14

Transnational's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (163588.286	+	148087.217)	/	2 )	/	24882.846	*	365 / 4
=	155837.7515					/	24882.846	*	365 / 4
=	571.49

Transnational Days Payable Related Terms

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Transnational (NSA:TRCNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Transnational Corp PLC (NSA:TRCNP) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

38 Glover Road, Transnational House, Ikoyi, Lagos, NGA

Website

https://www.transcorpgroup.com

Transnational Corp PLC is a diversified conglomerate. Its business segments are Power, Oil and Gas, Hospitality, Corporate Centre and Agro-allied. The group generates the majority of the revenue from the Power segment. In the Power segment, the company through its subsidiary is engaged in the generation of electric power. The group provides hospitality services to the customers in the Hospitality segment. Oil and Gas segment includes exploration, refining, and marketing of petroleum products, and in the Agro-Allied segment, the group processes fruit concentrates from fruits. Corporate Centre segment is the parent Company, Transnational Corporation of Nigeria Plc, and the other non-operational subsidiaries.

Transnational (NSA:TRCNP) Headlines

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