TruetideLSE:TRUE Days Payable is 62.73 as of Mar. 2026, which is 32% below its 10-year median of 92.63. The stock has 4 warning signs investors should review. Among 486 Asset Management companies, Truetide ranks worse than 68.93% on this metric.
Truetide's average Accounts Payable for the
six
months ended in Mar. 2026 was £0.03 Mil. Truetide's Cost of Goods Sold for the
six
months ended in Mar. 2026 was £0.08 Mil.
Hence, Truetide's Days Payable for the
six
months ended in Mar. 2026 was 62.73.
The historical rank and industry rank for Truetide's Days Payable or its related term are showing as below:
LSE:TRUE'
s Days Payable Range Over the Past 10 Years
Min: 9.75 Med: 92.63 Max: 481.45
Current: 37.21
During the past 13 years, Truetide's highest Days Payable was 481.45. The lowest was 9.75. And the median was 92.63.
LSE:TRUE's Days Payable is ranked worse than 68.93% of 486
companies
in the Asset Management industry
Industry Median: 70.83
vs LSE:TRUE: 37.21
Truetide's Days Payable
increased
from Mar. 2025 (51.02) to Mar. 2026 (62.73).
It may suggest that Truetidedelayed paying its suppliers.
Truetide Days Payable Related Terms
Truetide Days Payable Historical Data
* Premium members only.
The historical data trend for Truetide'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.
For the Asset Management subindustry, Truetide'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.
Truetide Days Payable vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Truetide's Days Payable distribution charts can be found below:
* The bar in red indicates where Truetide's Days Payable falls into.
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.
Truetide's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Truetide (LSE:TRUE) has a Days Payable of 62.73 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Truetide and its competitors. This is 32% below median its historical median of 92.63. Over the past decade, Truetide's Days Payable has ranged from 9.75 to 481.45. According to the industry distribution chart, Truetide ranks #335 out of 486 companies in the Asset Management industry, placing it in the top 68.9%.
Is Truetide's Days Payable too high?
Truetide's current Days Payable of 62.73 is 32% below median its 10-year median of 92.63. Over the past 10 years, this metric has ranged from a low of 9.75 to a high of 481.45. The Asset Management industry median Days Payable is 70.83. Truetide's value of 62.73 is 11.4% below this industry median. Based on the distribution chart, Truetide ranks #335 out of 486 companies in the Asset Management industry, which is below the industry midpoint.
How does Truetide's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Truetide ranks #335 out of 486 companies for Days Payable. This places Truetide in the lower half of its industry. The industry median Days Payable is 70.83. Truetide's value of 62.73 is 11.4% below this benchmark. Historically, Truetide's own Days Payable has ranged from 9.75 to 481.45 over the past decade. While the company's 10-year median is 92.63 vs. the industry median of 70.83, Truetide 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.83, based on 486 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. Truetide's current Days Payable of 62.73 is 11.4% 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 Truetide and its competitors. For the Asset Management industry, the median Days Payable is 70.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Truetide's current Days Payable is 62.73, which is 32% below median its own 10-year median of 92.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truetide stock overvalued right now?
Based on GuruFocus' analysis, Truetide (LSE:TRUE) is currently considered Possible Value Trap. The stock's GF Value™ is £0.08, compared to a current price of £0.03 — trading 60.6% below its estimated fair value. The current Days Payable is 62.73, which is 32% below median its 10-year median of 92.63 and 11.4% below the Asset Management industry median of 70.83. 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 Truetide (LSE:TRUE), the current Days Payable is 62.73 as of Mar. 2026. 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.
Truetide PLC, formerly Braveheart Investment Group PLC is a private equity and venture capital firm. The company provides a loan, mezzanine funding, debt/equity, and advisory services to small and medium-sized enterprises.
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