Trention AB (LTS:0RGJ) Days Payable : 51.04 (As of Sep. 2020)

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What is Trention AB Days Payable?

Trention AB's average Accounts Payable for the three months ended in Sep. 2020 was kr0.56 Mil. Trention AB's Cost of Goods Sold for the three months ended in Sep. 2020 was kr1.00 Mil. Hence, Trention AB's Days Payable for the three months ended in Sep. 2020 was 51.04.

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

LTS:0RGJ's Days Payable is not ranked ^*
in the Credit Services industry.
Industry Median: 43.675
* Ranked among companies with meaningful Days Payable only.

Trention AB's Days Payable declined from Sep. 2019 (159.21) to Sep. 2020 (51.04). It may suggest that Trention AB accelerated paying its suppliers.

Trention AB Days Payable Historical Data

The historical data trend for Trention AB'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.

* Premium members only.

Trention AB Days Payable Chart

Trention AB Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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2,008.74

4,139.40

1,189.45

190.42

195.24

Trention AB Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Payable	Get a 7-Day Free Trial															159.21	-	88.29	111.14	51.04

Competitive Comparison of Trention AB's Days Payable

For the Credit Services subindustry, Trention AB'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.

Trention AB's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Trention AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Trention AB's Days Payable falls into.

Trention AB 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.

Trention AB's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (0.385	+	0.182)	/	2 )	/	0.53	*	365
=	0.2835					/	0.53	*	365
=	195.24

Trention AB's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

	Days Payable (Q: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2020 )	+	Accounts Payable (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (0.455	+	0.658)	/	2 )	/	0.995	*	365 / 4
=	0.5565					/	0.995	*	365 / 4
=	51.04

Trention AB Days Payable Related Terms

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Trention AB (LTS:0RGJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Trention AB (LTS:0RGJ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ankdammsgatan 35, Solna, SWE, 171 67

Website

http://www.trention.se

Trention AB invests in small and medium-sized expansive companies. It provides companies with both financial resources and advice. In addition, it also helps companies with short term financial solutions such as bridge loans and/or different forms of hybrid financing.

Trention AB (LTS:0RGJ) Headlines

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