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TRS (TriMas) Days Payable : 44.09 (As of Mar. 2025)


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What is TriMas Days Payable?

TriMas's average Accounts Payable for the three months ended in Mar. 2025 was $89.2 Mil. TriMas's Cost of Goods Sold for the three months ended in Mar. 2025 was $184.6 Mil. Hence, TriMas's Days Payable for the three months ended in Mar. 2025 was 44.09.

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

TRS' s Days Payable Range Over the Past 10 Years
Min: 42.87   Med: 47.51   Max: 56.55
Current: 42.87

During the past 13 years, TriMas's highest Days Payable was 56.55. The lowest was 42.87. And the median was 47.51.

TRS's Days Payable is ranked worse than
68.7% of 377 companies
in the Packaging & Containers industry
Industry Median: 62.03 vs TRS: 42.87

TriMas's Days Payable declined from Mar. 2024 (45.56) to Mar. 2025 (44.09). It may suggest that TriMas accelerated paying its suppliers.


TriMas Days Payable Historical Data

The historical data trend for TriMas'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.

TriMas Days Payable Chart

TriMas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.26 44.98 46.74 46.70 46.02

TriMas Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 45.56 42.30 44.03 41.93 44.09

Competitive Comparison of TriMas's Days Payable

For the Packaging & Containers subindustry, TriMas'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.


TriMas's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TriMas's Days Payable distribution charts can be found below:

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


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TriMas 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.

TriMas's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (91.91 + 91.05) / 2 ) / 725.55*365
=91.48 / 725.55*365
=46.02

TriMas's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (91.05 + 87.36) / 2 ) / 184.64*365 / 4
=89.205 / 184.64*365 / 4
=44.09

* 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.


TriMas Days Payable Related Terms

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


TriMas Business Description

Traded in Other Exchanges
Address
38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304
TriMas Corp designs, develops and manufactures a diverse set of products primarily for the consumer products, aerospace & defense, and industrial markets . The company operates through three segments namely: The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.
Executives
Jeffrey A Fielkow director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Daniel P Tredwell director 177 BROAD STREET, 10TH FLOOR, STAMFORD CT 06901
Scott A Mell officer: Chief Financial Officer 4884 CIDER HILL DRIVE, ROCHESTER MI 48306
Holly M Boehne director 6955 BLACK DUCK DRIVE, LINO LAKES MN 55014
Teresa M. Finley director 927 STOVALL BOULEVARD NE, ATLANTA GA 30319
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Thomas A Amato director, officer: President and CEO 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Jeffrey M Greene director 4990 OLDE TOWNE WAY, MARIETTA GA 30068
Jodi F. Robin officer: General Counsel and Secretary 38505 WOODWARD AVENUE, BLOOMFIELD HILLS MI 48304
Paul Swart other: Chief Accounting Officer 38505 WOODWARD AVENUE, STE. 200, BLOOMFIELD HILLS MI 48304
Samuel Iii Valenti director, officer: Chairman 39400 WOODWARD AVENUE, SUITE 100, BLOOMFIELD HILLS MI 48304
Salik Fabio Leandro Matheus officer: President, TriMas Packaging 3012 FOREST CREEK CT., NAPERVILLE IL 60565
John Philip Schaefer officer: President, TriMas Aerospace 27411 VALDERAS, MISSION VIEJO CA 92691
Robert J Zalupski officer: Vice President & Treasurer 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Joshua A Sherbin officer: Vice President & Secretary 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304