Trom Industries (NSE:TROM) Days Payable: 53.50 (As of Mar. 2025)

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NSE:TROM Trom Industries Ltd NSE:TROM
15 GF Score
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What is Trom Industries Days Payable?

Trom Industries NSE:TROM -4.95% 15 Days Payable is 53.50 as of Mar. 2025. GuruFocus rates NSE:TROM with a GF Score™ of 15/100.

Trom Industries's average Accounts Payable for the six months ended in Mar. 2025 was ₹113.4 Mil. Trom Industries's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹386.8 Mil. Hence, Trom Industries's Days Payable for the six months ended in Mar. 2025 was 53.50.

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

NSE:TROM's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 53.06
* Ranked among companies with meaningful Days Payable only.

Trom Industries's Days Payable declined from Mar. 2024 (63.00) to Mar. 2025 (53.50). It may suggest that Trom Industries accelerated paying its suppliers.

Trom Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Trom Industries'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.

Trom Industries Days Payable Chart

Trom Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
205.14 151.81 212.12 86.63 44.09

Trom Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Days Payable Get a 7-Day Free Trial 0.00 116.71 63.00 48.66 53.50

NSE:TROM vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Trom Industries'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.

Trom Industries Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Trom Industries's Days Payable distribution charts can be found below:

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


NSE:TROM
15GF Score
Trom Industries Ltd NSE:TROM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Trom Industries 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.

Trom Industries's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (74.636 + 106.915) / 2 ) / 751.567*365
=90.7755 / 751.567*365
=44.09

Trom Industries's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (119.881 + 106.915) / 2 ) / 386.791*365 / 2
=113.398 / 386.791*365 / 2
=53.50

* 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 53.50 mean?
Trom Industries (NSE:TROM) has a Days Payable of 53.50 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Trom Industries and its competitors.
Is Trom Industries' Days Payable too high?
Trom Industries' current Days Payable is 53.50. The Semiconductors industry median Days Payable is 53.06. Trom Industries' value of 53.50 is 0.8% above this industry median. Overall, Trom Industries has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Trom Industries' Days Payable compare to FSLR and NXT?
Trom Industries' Days Payable of 53.50 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 53.06. Trom Industries' value of 53.50 is 0.8% above this benchmark. 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Trom Industries's current Days Payable of 53.50 is 0.8% 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 Trom Industries and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trom Industries's current Days Payable is 53.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trom Industries stock overvalued right now?
Trom Industries (NSE:TROM) has a current Days Payable of 53.50. The current Days Payable is 53.50 and 0.8% above the Semiconductors industry median of 53.06. Trom Industries' overall GF Score™ is 15/100. 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 Trom Industries (NSE:TROM), the current Days Payable is 53.50 as of Mar. 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.

Trom Industries Business Description

Address Sargasan Cross Road, 4th Floor, 421, Pramukh Tangent, Gandhinagar, GJ, IND, 382421
Trom Industries Ltd is a Solar EPC (Engineering, Procurement, and Construction) company engaged in residential solar rooftop, industrial solar power plants, ground-mounted solar power plants, and solar street lights.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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