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Tianjin Troila Information Technology Co (SHSE:600225) Days Payable : 781.66 (As of Sep. 2024)


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What is Tianjin Troila Information Technology Co Days Payable?

Tianjin Troila Information Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥605.3 Mil. Tianjin Troila Information Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥70.7 Mil. Hence, Tianjin Troila Information Technology Co's Days Payable for the three months ended in Sep. 2024 was 781.66.

The historical rank and industry rank for Tianjin Troila Information Technology Co's Days Payable or its related term are showing as below:

SHSE:600225' s Days Payable Range Over the Past 10 Years
Min: 236.17   Med: 514.15   Max: 1574.01
Current: 236.17

During the past 13 years, Tianjin Troila Information Technology Co's highest Days Payable was 1574.01. The lowest was 236.17. And the median was 514.15.

SHSE:600225's Days Payable is ranked better than
85.48% of 2549 companies
in the Software industry
Industry Median: 51.21 vs SHSE:600225: 236.17

Tianjin Troila Information Technology Co's Days Payable increased from Sep. 2023 (239.90) to Sep. 2024 (781.66). It may suggest that Tianjin Troila Information Technology Co delayed paying its suppliers.


Tianjin Troila Information Technology Co Days Payable Historical Data

The historical data trend for Tianjin Troila Information Technology Co'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.

Tianjin Troila Information Technology Co Days Payable Chart

Tianjin Troila Information Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,238.04 1,291.47 1,574.01 416.07 475.90

Tianjin Troila Information Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 239.90 503.02 103.32 210.71 781.66

Competitive Comparison of Tianjin Troila Information Technology Co's Days Payable

For the Software - Infrastructure subindustry, Tianjin Troila Information Technology Co'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.


Tianjin Troila Information Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Tianjin Troila Information Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianjin Troila Information Technology Co's Days Payable falls into.


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Tianjin Troila Information Technology Co 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.

Tianjin Troila Information Technology Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (687.935 + 571.078) / 2 ) / 482.815*365
=629.5065 / 482.815*365
=475.90

Tianjin Troila Information Technology Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (624.959 + 585.715) / 2 ) / 70.666*365 / 4
=605.337 / 70.666*365 / 4
=781.66

* 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.


Tianjin Troila Information Technology Co Days Payable Related Terms

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Tianjin Troila Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xiangtan Road, Hongqiao District, Tianjin, CHN, 300133
Tianjin Troila Information Technology Co Ltd is engaged in software and information technology service business, and its main products/services are divided into software development and cloud service business. information system integration, Internet data center construction and hosting services. The company operates in three business segment namely real estate business, financial leasing business and software information service business and the majority of its revenue generated from software information service business.
Executives
Cao Li Ming Director
Xue Yun Supervisors

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