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Truworths International (Truworths International) Days Payable : 42.57 (As of Dec. 2023)


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What is Truworths International Days Payable?

Truworths International's average Accounts Payable for the six months ended in Dec. 2023 was $68 Mil. Truworths International's Cost of Goods Sold for the six months ended in Dec. 2023 was $293 Mil. Hence, Truworths International's Days Payable for the six months ended in Dec. 2023 was 42.57.

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

TRWKF' s Days Payable Range Over the Past 10 Years
Min: 32.33   Med: 54.39   Max: 64.29
Current: 55.08

During the past 13 years, Truworths International's highest Days Payable was 64.29. The lowest was 32.33. And the median was 54.39.

TRWKF's Days Payable is ranked worse than
50.6% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.14 vs TRWKF: 55.08

Truworths International's Days Payable declined from Dec. 2022 (50.87) to Dec. 2023 (42.57). It may suggest that Truworths International accelerated paying its suppliers.


Truworths International Days Payable Historical Data

The historical data trend for Truworths International'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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Truworths International Days Payable Chart

Truworths International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.40 40.96 60.59 67.08 35.27

Truworths International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 98.51 79.87 50.87 60.61 42.57

Competitive Comparison of Truworths International's Days Payable

For the Apparel Retail subindustry, Truworths International'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.


Truworths International's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Truworths International's Days Payable distribution charts can be found below:

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



Truworths International 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.

Truworths International's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (52.041 + 45.346) / 2 ) / 503.873*365
=48.6935 / 503.873*365
=35.27

Truworths International's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (45.346 + 91.398) / 2 ) / 293.085*365 / 2
=68.372 / 293.085*365 / 2
=42.57

* 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.


Truworths International Days Payable Related Terms

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Truworths International (Truworths International) Business Description

Traded in Other Exchanges
Address
Number 1 Mostert Street, CBD, Cape Town, WC, ZAF, 8001
Truworths International Ltd is a clothing and footwear retailer with nearly a thousand stores in Africa and Europe. Its African brands include Truworths, Daniel Hechter, Inwear, Identity, and LTD. Its European brands include Office and Offspring footwear retailers. The company's stores generally sell only proprietary brands, but Office primarily sells global third-party footwear brands. Most of the company's retail locations and sales are in South Africa. Collectively, South Africa and the United Kingdom account for roughly 90% of the company's business. E-commerce sales make up a small portion of total revenue.

Truworths International (Truworths International) Headlines