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Tronox Holdings (STU:T5X) Days Payable : 62.96 (As of Dec. 2023)


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What is Tronox Holdings Days Payable?

Tronox Holdings's average Accounts Payable for the three months ended in Dec. 2023 was €385 Mil. Tronox Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was €558 Mil. Hence, Tronox Holdings's Days Payable for the three months ended in Dec. 2023 was 62.96.

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

STU:T5X' s Days Payable Range Over the Past 10 Years
Min: 38.65   Med: 43.88   Max: 72.37
Current: 66.15

During the past 13 years, Tronox Holdings's highest Days Payable was 72.37. The lowest was 38.65. And the median was 43.88.

STU:T5X's Days Payable is ranked better than
55.45% of 1504 companies
in the Chemicals industry
Industry Median: 61 vs STU:T5X: 66.15

Tronox Holdings's Days Payable declined from Dec. 2022 (78.99) to Dec. 2023 (62.96). It may suggest that Tronox Holdings accelerated paying its suppliers.


Tronox Holdings Days Payable Historical Data

The historical data trend for Tronox Holdings'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.

Tronox Holdings Days Payable Chart

Tronox Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.54 62.38 52.40 62.41 73.47

Tronox Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 78.99 71.51 61.02 64.30 62.96

Competitive Comparison of Tronox Holdings's Days Payable

For the Chemicals subindustry, Tronox Holdings'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.


Tronox Holdings's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tronox Holdings's Days Payable distribution charts can be found below:

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



Tronox Holdings 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.

Tronox Holdings'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
=( (458.784 + 422.737) / 2 ) / 2189.796*365
=440.7605 / 2189.796*365
=73.47

Tronox Holdings'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (346.69 + 422.737) / 2 ) / 557.536*365 / 4
=384.7135 / 557.536*365 / 4
=62.96

* 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.


Tronox Holdings Days Payable Related Terms

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Tronox Holdings (STU:T5X) Business Description

Traded in Other Exchanges
Address
263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. North America, Europe, the Middle East, and Africa, and Asia-Pacific regions contribute the vast majority of revenue.

Tronox Holdings (STU:T5X) Headlines

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