Trellidor Holdings (JSE:TRL) Days Payable: 38.53 (As of Dec. 2025) — 17% Above Median


JSE:TRL Trellidor Holdings Ltd JSE:TRL
68 GF Score
Price R1.29
GF Value R1.44
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Trellidor Holdings Days Payable?

Trellidor Holdings JSE:TRL 68 Days Payable is 38.53 as of Dec. 2025, which is 17% above its 10-year median of 33.02. GuruFocus rates JSE:TRL with a GF Score™ of 68/100 and a GF Value™ of R1.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 943 Business Services companies, Trellidor Holdings ranks better than 61.82% on this metric.

Trellidor Holdings's average Accounts Payable for the six months ended in Dec. 2025 was R19.9 Mil. Trellidor Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was R94.0 Mil. Hence, Trellidor Holdings's Days Payable for the six months ended in Dec. 2025 was 38.53.

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

JSE:TRL' s Days Payable Range Over the Past 10 Years
Min: 24.73   Med: 33.02   Max: 76.21
Current: 62.73

During the past 11 years, Trellidor Holdings's highest Days Payable was 76.21. The lowest was 24.73. And the median was 33.02.

JSE:TRL's Days Payable is ranked better than
61.82% of 943 companies
in the Business Services industry
Industry Median: 46.84 vs JSE:TRL: 62.73

Trellidor Holdings's Days Payable declined from Dec. 2024 (60.37) to Dec. 2025 (38.53). It may suggest that Trellidor Holdings accelerated paying its suppliers.


Trellidor Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Trellidor 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.

Trellidor Holdings Days Payable Chart

Trellidor Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.15 34.89 28.97 31.14 24.73

Trellidor Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 40.17 130.73 60.37 68.51 38.53

JSE:TRL vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Trellidor 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.


Trellidor Holdings Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Trellidor Holdings's Days Payable distribution charts can be found below:

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


JSE:TRL
68GF Score
Trellidor Holdings Ltd JSE:TRL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Trellidor 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.

Trellidor Holdings's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (14.033 + 14.1) / 2 ) / 207.653*365
=14.0665 / 207.653*365
=24.73

Trellidor Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (14.1 + 25.61) / 2 ) / 94.049*365 / 2
=19.855 / 94.049*365 / 2
=38.53

* 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 38.53 mean?
Trellidor Holdings (JSE:TRL) has a Days Payable of 38.53 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Trellidor Holdings and its competitors. This is 17% above median its historical median of 33.02. Over the past decade, Trellidor Holdings' Days Payable has ranged from 24.73 to 76.21. According to the industry distribution chart, Trellidor Holdings ranks #360 out of 943 companies in the Business Services industry, placing it in the top 38.2%.
Is Trellidor Holdings' Days Payable too high?
Trellidor Holdings' current Days Payable of 38.53 is 17% above median its 10-year median of 33.02. Over the past 10 years, this metric has ranged from a low of 24.73 to a high of 76.21. The Business Services industry median Days Payable is 46.84. Trellidor Holdings' value of 38.53 is 17.7% below this industry median. Based on the distribution chart, Trellidor Holdings ranks #360 out of 943 companies in the Business Services industry, which is above the industry midpoint. Overall, Trellidor Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trellidor Holdings' Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Trellidor Holdings ranks #360 out of 943 companies for Days Payable. This puts Trellidor Holdings in the upper half of its industry. The industry median Days Payable is 46.84. Trellidor Holdings' value of 38.53 is 17.7% below this benchmark. Historically, Trellidor Holdings' own Days Payable has ranged from 24.73 to 76.21 over the past decade. While the company's 10-year median is 33.02 vs. the industry median of 46.84, Trellidor Holdings has consistently been below 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 Business Services company?
The median Days Payable among Business Services companies is 46.84, based on 943 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. Trellidor Holdings's current Days Payable of 38.53 is 17.7% below 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 Trellidor Holdings and its competitors. For the Business Services industry, the median Days Payable is 46.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trellidor Holdings's current Days Payable is 38.53, which is 17% above median its own 10-year median of 33.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trellidor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Trellidor Holdings (JSE:TRL) is currently considered Modestly Undervalued. The stock's GF Value™ is R1.44, compared to a current price of R1.29 — trading 10.4% below its estimated fair value. The current Days Payable is 38.53, which is 17% above median its 10-year median of 33.02 and 17.7% below the Business Services industry median of 46.84. Trellidor Holdings' overall GF Score™ is 68/100 with 5 warning signs to review. 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 Trellidor Holdings (JSE:TRL), the current Days Payable is 38.53 as of Dec. 2025. 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.

Is Trellidor Holdings (JSE:TRL) Overvalued in 2026?

Based on GuruFocus' analysis, Trellidor Holdings stock appears to be undervalued. The current stock price of R1.29 is trading 10.4% below its estimated GF Value™ of R1.44. GuruFocus considers Trellidor Holdings to be Modestly Undervalued.

Key valuation signals for JSE:TRL:

  • Days Payable: 38.53 (17% above median its 10-year median of 33.02)
  • GF Value™: R1.44 vs. price of R1.29 (10.4% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 17.7% below the Business Services median (#360 of 943)

No single metric tells the full story. See the JSE:TRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trellidor Holdings Business Description

Address 20 Aberdare Drive, Phoenix Industrial Park, Durban, NL, ZAF, 4001
Trellidor Holdings Ltd operates in the security and protection services industry. The group operating segments include Trellidor; and Holdings. Its Trellidor segment is engaged in the manufacture and distribution of custom-made barrier security products. Holdings is engaged in Management of the group treasury function and receives management fee income. It generates maximum revenue from the Trellidor segment. Geographically, it derives a majority of its revenue from South Africa, and also has its presence in Rest of Africa and Rest of the world.
68GF Score

Get the complete analysis for JSE:TRL

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R1.29
Price
R1.44
GF Value