Titan NV (FRA:TJH7) Days Payable : 169.91 (As of Sep. 2024)

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What is Titan NV Days Payable?

Titan NV's average Accounts Payable for the six months ended in Sep. 2024 was €0.03 Mil. Titan NV's Cost of Goods Sold for the six months ended in Sep. 2024 was €0.03 Mil. Hence, Titan NV's Days Payable for the six months ended in Sep. 2024 was 169.91.

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

FRA:TJH7' s Days Payable Range Over the Past 10 Years
Min: 38.3 Med: 47.17 Max: 881.03
Current: 776.15

During the past 13 years, Titan NV's highest Days Payable was 881.03. The lowest was 38.30. And the median was 47.17.

FRA:TJH7's Days Payable is ranked better than
81.33% of 75 companies
in the Diversified Financial Services industry
Industry Median: 132.05 vs FRA:TJH7: 776.15

Titan NV's Days Payable increased from Sep. 2023 (17.14) to Sep. 2024 (169.91). It may suggest that Titan NV delayed paying its suppliers.

Titan NV Days Payable Historical Data

The historical data trend for Titan NV'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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Titan NV Days Payable Chart

Titan NV Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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49.19

53.63

53.44

881.03

Titan NV Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															-	1,239.68	17.14	-	169.91

Competitive Comparison of Titan NV's Days Payable

For the Shell Companies subindustry, Titan NV'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.

Titan NV's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Titan NV's Days Payable distribution charts can be found below:

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

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Titan NV 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.

Titan NV's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (0.131	+	0.009)	/	2 )	/	0.029	*	365
=	0.07					/	0.029	*	365
=	881.03

Titan NV's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.045	+	0.009)	/	2 )	/	0.029	*	365 / 2
=	0.027					/	0.029	*	365 / 2
=	169.91

Titan NV Days Payable Related Terms

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

Titan NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Titan NV (FRA:TJH7) » Definitions » Days Payable

Comparable Companies

AACT ANSC AAM GATE EQV NETD CCIX KFII CCIR GPAT ALF MBAV GIG BACQ HYAC VACH BEAG CUB SIMA MLAC

Traded in Other Exchanges

TITAN:Netherlands

Address

De Corridor 5d, Breukelen, UT, NLD, 3621 ZA

Website

https://www.titan-nv.com

Titan NV is a company without business activities.

Titan NV Headlines

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