Trustco Group Holdings (JSE:TTO) Days Payable: 0.00 (As of Feb. 2024)


JSE:TTO Trustco Group Holdings Ltd JSE:TTO
11 GF Score
Price R0.30
View Full Analysis

What is Trustco Group Holdings Days Payable?

Trustco Group Holdings JSE:TTO 11 Days Payable is 0.00 as of Feb. 2024. GuruFocus rates JSE:TTO with a GF Score™ of 11/100.

Trustco Group Holdings's average Accounts Payable for the six months ended in Feb. 2024 was R116.97 Mil. Trustco Group Holdings's Cost of Goods Sold for the six months ended in Feb. 2024 was R0.00 Mil.

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

JSE:TTO's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 70.635
* Ranked among companies with meaningful Days Payable only.

Trustco Group Holdings's Days Payable stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00).

Trustco Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Trustco Group 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.

Trustco Group Holdings Days Payable Chart

Trustco Group Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 272.05 129.67 1,006.06 0.00 0.00

Trustco Group Holdings Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Feb22 Aug22 Feb23 Aug23 Feb24
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 73,895.05 0.00 0.00 0.00 0.00

JSE:TTO vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Trustco Group 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.

Trustco Group Holdings Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Trustco Group Holdings's Days Payable distribution charts can be found below:

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


JSE:TTO
11GF Score
Trustco Group Holdings Ltd JSE:TTO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trustco Group 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.

Trustco Group Holdings's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (24.994 + 17.996) / 2 ) / 0*365
=21.495 / 0*365
=N/A

Trustco Group Holdings's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (17.996 + 215.951) / 2 ) / 0*365 / 2
=116.9735 / 0*365 / 2
=N/A

* 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 0.00 mean?
Trustco Group Holdings (JSE:TTO) has a Days Payable of 0.00 as of Feb. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Trustco Group Holdings and its competitors.
Is Trustco Group Holdings' Days Payable too high?
Trustco Group Holdings' current Days Payable is 0.00. Overall, Trustco Group Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Trustco Group Holdings' Days Payable compare to BLK and BX?
Trustco Group Holdings' Days Payable of 0.00 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.64. 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.64, based on 480 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. 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 Trustco Group Holdings and its competitors. For the Asset Management industry, the median Days Payable is 70.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trustco Group Holdings's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustco Group Holdings stock overvalued right now?
Trustco Group Holdings (JSE:TTO) has a current Days Payable of 0.00. The current Days Payable is 0.00. Trustco Group Holdings' overall GF Score™ is 11/100. 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 Trustco Group Holdings (JSE:TTO), the current Days Payable is 0.00 as of Feb. 2024. 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.

Trustco Group Holdings Business Description

Address 2 Keller Street, Eros, P.O. Box 11363, Windhoek, NAM
Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.
11GF Score

Get the complete analysis for JSE:TTO

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

R0.30
Price