Trainers' House OYJ (OHEL:TRH1V) Days Payable : 53.48 (As of Mar. 2024)

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What is Trainers' House OYJ Days Payable?

Trainers' House OYJ's average Accounts Payable for the three months ended in Mar. 2024 was €0.88 Mil. Trainers' House OYJ's Cost of Goods Sold for the three months ended in Mar. 2024 was €1.51 Mil. Hence, Trainers' House OYJ's Days Payable for the three months ended in Mar. 2024 was 53.48.

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

OHEL:TRH1V' s Days Payable Range Over the Past 10 Years
Min: 8.78 Med: 14.4 Max: 101.37
Current: 101.37

During the past 13 years, Trainers' House OYJ's highest Days Payable was 101.37. The lowest was 8.78. And the median was 14.40.

OHEL:TRH1V's Days Payable is ranked better than
75.43% of 920 companies
in the Business Services industry
Industry Median: 47.92 vs OHEL:TRH1V: 101.37

Trainers' House OYJ's Days Payable declined from Mar. 2023 (85.29) to Mar. 2024 (53.48). It may suggest that Trainers' House OYJ accelerated paying its suppliers.

Trainers' House OYJ Days Payable Historical Data

The historical data trend for Trainers' House OYJ'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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Trainers' House OYJ Days Payable Chart

Trainers' House OYJ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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10.93

13.92

14.97

21.25

27.16

Trainers' House OYJ Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															85.29	118.28	146.44	69.49	53.48

Competitive Comparison of Trainers' House OYJ's Days Payable

For the Consulting Services subindustry, Trainers' House OYJ'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.

Trainers' House OYJ's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Trainers' House OYJ's Days Payable distribution charts can be found below:

* The bar in red indicates where Trainers' House OYJ's Days Payable falls into.

Trainers' House OYJ 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.

Trainers' House OYJ's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.533	+	0.372)	/	2 )	/	6.081	*	365
=	0.4525					/	6.081	*	365
=	27.16

Trainers' House OYJ's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.372	+	1.392)	/	2 )	/	1.505	*	365 / 4
=	0.882					/	1.505	*	365 / 4
=	53.48

Trainers' House OYJ Days Payable Related Terms

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Trainers' House OYJ (OHEL:TRH1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Trainers' House OYJ (OHEL:TRH1V) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IV9:Germany

Address

Niittymaentie 7, Espoo, FIN, 02200

Website

http://www.trainershouse.fi

Trainers' House OYJ is a change management company offering consultancy services. It offers services including change management, personal growth training, the pulse change management system and also offers sales and marketing services. Geographically, the activities are performed through the region of Finland.

Trainers' House OYJ (OHEL:TRH1V) Headlines

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