Trinity Tradelink (BOM:512417) Days Payable: 197,533.84 (As of Dec. 2017) — 111105% Above Median

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What is Trinity Tradelink Days Payable?

Trinity Tradelink BOM:512417 Days Payable is 197,533.84 as of Dec. 2017, which is 111105% above its 10-year median of 177.63.

Trinity Tradelink's average Accounts Payable for the three months ended in Dec. 2017 was ₹617 Mil. Trinity Tradelink's Cost of Goods Sold for the three months ended in Dec. 2017 was ₹0 Mil. Hence, Trinity Tradelink's Days Payable for the three months ended in Dec. 2017 was 197,533.84.

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

During the past 9 years, Trinity Tradelink's highest Days Payable was 4051378.33. The lowest was 70.95. And the median was 177.63.

BOM:512417's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 54.38
* Ranked among companies with meaningful Days Payable only.

Trinity Tradelink's Days Payable increased from Dec. 2016 (18,990.69) to Dec. 2017 (197,533.84). It may suggest that Trinity Tradelink delayed paying its suppliers.


Trinity Tradelink Days Payable Historical Data

* Premium members only.

The historical data trend for Trinity Tradelink'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.

Trinity Tradelink Days Payable Chart

Trinity Tradelink Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Payable
Get a 7-Day Free Trial Premium Member Only 119.73 38.93 69.66 167.55 370.18

Trinity Tradelink Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 18,990.69 223.71 279.37 197,533.84 197,533.84

BOM:512417 vs CLOW, ARRT, POYN: Days Payable Comparison

For the Conglomerates subindustry, Trinity Tradelink'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.


Trinity Tradelink Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Trinity Tradelink's Days Payable distribution charts can be found below:

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



Trinity Tradelink 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.

Trinity Tradelink's Days Payable for the fiscal year that ended in Mar. 2017 is calculated as

Days Payable (A: Mar. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2016 ) + Accounts Payable (A: Mar. 2017 )) / count ) / Cost of Goods Sold (A: Mar. 2017 )*Days in Period
=( (1084.603198 + 1864.744775) / 2 ) / 1454.041227*365
=1474.6739865 / 1454.041227*365
=370.18

Trinity Tradelink's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

Days Payable (Q: Dec. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2017 ) + Accounts Payable (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (616.955 + ) / 1 ) / 0.285*365 / 4
=616.955 / 0.285*365 / 4
=197,533.84

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 197,533.84 mean?
Trinity Tradelink (BOM:512417) has a Days Payable of 197,533.84 as of Dec. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Trinity Tradelink and its competitors. This is 111105% above median its historical median of 177.63. Over the past decade, Trinity Tradelink's Days Payable has ranged from 70.95 to 4,051,378.33.
Is Trinity Tradelink's Days Payable too high?
Trinity Tradelink's current Days Payable of 197,533.84 is 111105% above median its 10-year median of 177.63. Over the past 10 years, this metric has ranged from a low of 70.95 to a high of 4,051,378.33. The Conglomerates industry median Days Payable is 54.38. Trinity Tradelink's value of 197,533.84 is 363147.2% above this industry median.
How does Trinity Tradelink's Days Payable compare to CLOW and ARRT?
Trinity Tradelink's Days Payable of 197,533.84 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 54.38. Trinity Tradelink's value of 197,533.84 is 363147.2% above this benchmark. Historically, Trinity Tradelink's own Days Payable has ranged from 70.95 to 4,051,378.33 over the past decade. While the company's 10-year median is 177.63 vs. the industry median of 54.38, Trinity Tradelink has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Conglomerates company?
The median Days Payable among Conglomerates companies is 54.38, based on 492 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trinity Tradelink's current Days Payable of 197,533.84 is 363147.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Trinity Tradelink and its competitors. For the Conglomerates industry, the median Days Payable is 54.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trinity Tradelink's current Days Payable is 197,533.84, which is 111105% above median its own 10-year median of 177.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinity Tradelink stock overvalued right now?
Trinity Tradelink (BOM:512417) has a current Days Payable of 197,533.84. The current Days Payable is 197,533.84, which is 111105% above median its 10-year median of 177.63 and 363147.2% above the Conglomerates industry median of 54.38. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Trinity Tradelink (BOM:512417), the current Days Payable is 197,533.84 as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trinity Tradelink Business Description

Address 238B, A.J.C. Bose Road, Unit 4B, 4th Floor, Kolkata, WB, IND, 700020
Trinity Tradelink Ltd is a trading company in India. The company is engaged in trading of thermos-mechanically treated (TMT) bars, yellow peas, dal, jute, tea, potato, iron and steel, metals and minerals, and others. The sale of TMT bars generates maximum revenue for the company. The company operates in one business segment that is Trading Activity.