Trina Solar Co (SHSE:688599) Days Payable

: 126.02 (As of Sep. 2023)

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Trina Solar Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥36,511 Mil. Trina Solar Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥26,437 Mil. Hence, Trina Solar Co's Days Payable for the three months ended in Sep. 2023 was 126.02.

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

SHSE:688599' s Days Payable Range Over the Past 10 Years
Min: 121.01 Med: 152.81 Max: 178.73
Current: 130.87

During the past 7 years, Trina Solar Co's highest Days Payable was 178.73. The lowest was 121.01. And the median was 152.81.

SHSE:688599's Days Payable is ranked better than
83.96% of 960 companies
in the Semiconductors industry
Industry Median: 51.635 vs SHSE:688599: 130.87

Trina Solar Co's Days Payable declined from Sep. 2022 (131.95) to Sep. 2023 (126.02). It may suggest that Trina Solar Co accelerated paying its suppliers.

Trina Solar Co Days Payable Historical Data

The historical data trend for Trina Solar Co'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.

Trina Solar Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

140.51

178.73

161.23

121.01

Trina Solar Co Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable																131.95	115.33	158.98	126.38	126.02

Competitive Comparison

For the Solar subindustry, Trina Solar Co'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.

Trina Solar Co Days Payable Distribution

For the Semiconductors industry and Technology sector, Trina Solar Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Trina Solar Co's Days Payable falls into.

Trina Solar Co 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.

Trina Solar Co'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
=	( (18708.386	+	30113.889)	/	2 )	/	73632.699	*	365
=	24411.1375					/	73632.699	*	365
=	121.01

Trina Solar Co'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
=	( (34361.808	+	38659.966)	/	2 )	/	26437.256	*	365 / 4
=	36510.887					/	26437.256	*	365 / 4
=	126.02

Trina Solar Co Days Payable Related Terms

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Trina Solar Co (SHSE:688599) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Trina Solar Co Ltd (SHSE:688599) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TSL:USA

Address

No.2 Tianhe Road, Trina PV Industrial Park, Xinbei District, Jiangsu, CHN, 213031

Website

https://www.trinasolar.com

Trina Solar Co Ltd is engaged in manufacturing photovoltaic products, photovoltaic systems and smart energy. The photovoltaic products business includes research and development, manufacture and sales of monocrystalline silicon-based photovoltaic modules; the photovoltaic systems business includes power station business and construction and management of photovoltaic power station projects, among others; smart energy business includes photovoltaic power generation, operation, and management of the photovoltaic power station, research and sales of the smart microgrid and multi-energy systems, and operation of the energy cloud platform, among others.

Trina Solar Co (SHSE:688599) Headlines

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