Transnational (NSA:TRCNP) Days Payable: 474.11 (As of Mar. 2026) — 22% Above Median


NSA:TRCNP Transnational Corp PLC NSA:TRCNP
87 GF Score
Price ₦38.60
GF Value ₦89.41
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Transnational Days Payable?

Transnational NSA:TRCNP -6.99% 87 Days Payable is 474.11 as of Mar. 2026, which is 22% above its 10-year median of 390.07. GuruFocus rates NSA:TRCNP with a GF Score™ of 87/100 and a GF Value™ of ₦89.41 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Transnational ranks better than 84.1% on this metric.

Transnational's average Accounts Payable for the three months ended in Mar. 2026 was ₦283,455 Mil. Transnational's Cost of Goods Sold for the three months ended in Mar. 2026 was ₦54,555 Mil. Hence, Transnational's Days Payable for the three months ended in Mar. 2026 was 474.11.

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

NSA:TRCNP' s Days Payable Range Over the Past 10 Years
Min: 264.97   Med: 390.07   Max: 673.02
Current: 324.84

During the past 13 years, Transnational's highest Days Payable was 673.02. The lowest was 264.97. And the median was 390.07.

NSA:TRCNP's Days Payable is ranked better than
84.1% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs NSA:TRCNP: 324.84

Transnational's Days Payable increased from Mar. 2025 (218.73) to Mar. 2026 (474.11). It may suggest that Transnational delayed paying its suppliers.


Transnational Days Payable Historical Data

* Premium members only.

The historical data trend for Transnational'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.

Transnational Days Payable Chart

Transnational Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 577.04 605.24 673.02 365.20 329.79

Transnational Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 218.73 193.28 293.05 436.68 474.11

NSA:TRCNP vs CEG, VST, NRG: Days Payable Comparison

For the Utilities - Independent Power Producers subindustry, Transnational'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.


Transnational Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Transnational's Days Payable distribution charts can be found below:

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


NSA:TRCNP
87GF Score
Transnational Corp PLC NSA:TRCNP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Transnational 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.

Transnational's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (212522.336 + 274642.827) / 2 ) / 269590.942*365
=243582.5815 / 269590.942*365
=329.79

Transnational's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (274642.827 + 292268.123) / 2 ) / 54555.488*365 / 4
=283455.475 / 54555.488*365 / 4
=474.11

* 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 474.11 mean?
Transnational (NSA:TRCNP) has a Days Payable of 474.11 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 Transnational and its competitors. This is 22% above median its historical median of 390.07. Over the past decade, Transnational's Days Payable has ranged from 264.97 to 673.02. According to the industry distribution chart, Transnational ranks #62 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 15.9%.
Is Transnational's Days Payable too high?
Transnational's current Days Payable of 474.11 is 22% above median its 10-year median of 390.07. Over the past 10 years, this metric has ranged from a low of 264.97 to a high of 673.02. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Transnational's value of 474.11 is 493.4% above this industry median. Based on the distribution chart, Transnational ranks #62 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Transnational has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transnational's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Transnational ranks #62 out of 390 companies for Days Payable. This places Transnational in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 79.90. Transnational's value of 474.11 is 493.4% above this benchmark. Historically, Transnational's own Days Payable has ranged from 264.97 to 673.02 over the past decade. While the company's 10-year median is 390.07 vs. the industry median of 79.90, Transnational has consistently been above 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 Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Transnational's current Days Payable of 474.11 is 493.4% above 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 Transnational and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transnational's current Days Payable is 474.11, which is 22% above median its own 10-year median of 390.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational stock overvalued right now?
Based on GuruFocus' analysis, Transnational (NSA:TRCNP) is currently considered Significantly Undervalued. The stock's GF Value™ is ₦89.41, compared to a current price of ₦38.60 — trading 56.8% below its estimated fair value. The current Days Payable is 474.11, which is 22% above median its 10-year median of 390.07 and 493.4% above the Utilities - Independent Power Producers industry median of 79.90. Transnational's overall GF Score™ is 87/100 with 2 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 Transnational (NSA:TRCNP), the current Days Payable is 474.11 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.

Is Transnational (NSA:TRCNP) Overvalued in 2026?

Based on GuruFocus' analysis, Transnational stock appears to be undervalued. The current stock price of ₦38.60 is trading 56.8% below its estimated GF Value™ of ₦89.41. GuruFocus considers Transnational to be Significantly Undervalued.

Key valuation signals for NSA:TRCNP:

  • Days Payable: 474.11 (22% above median its 10-year median of 390.07)
  • GF Value™: ₦89.41 vs. price of ₦38.60 (56.8% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 493.4% above the Utilities - Independent Power Producers median (#62 of 390)

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


Transnational Business Description

Address 38b Glover Road, Transnational House, Ikoyi, Lagos, NGA
Transnational Corp PLC is a diversified conglomerate. Its business segments are Power, Oil and Gas, Hospitality, Corporate Centre, and Agro-allied. The group generates the majority of the revenue from the Power segment. In the Power segment, the company through its subsidiary, is engaged in the generation of electric power. The group provides hospitality services to the customers in the Hospitality segment. Oil and Gas segment includes exploration, refining, and marketing of petroleum products, and in the Agro-Allied segment, the group processes fruit concentrates from fruits. The Corporate Centre segment is the parent Company, Transnational Corporation of Nigeria Plc, and the other non-operational subsidiaries.
87GF Score

Get the complete analysis for NSA:TRCNP

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

₦38.60
Price
₦89.41
GF Value