TGGI (Trans Global Group) Days Payable: 0.00 (As of Sep. 2023)

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What is Trans Global Group Days Payable?

Trans Global Group TGGI Days Payable is 0.00 as of Sep. 2023.

Trans Global Group's average Accounts Payable for the three months ended in Sep. 2023 was $0.37 Mil. Trans Global Group's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

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

TGGI's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 73.8
* Ranked among companies with meaningful Days Payable only.

Trans Global Group's Days Payable stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00). stayed the same

Trans Global Group Days Payable Historical Data

* Premium members only.

The historical data trend for Trans Global Group'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.

Trans Global Group Days Payable Chart

Trans Global Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 1,335.05

Trans Global Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 0.00 0.00 0.00 0.00

TGGI vs WNFT, SRNW, DHAC: Days Payable Comparison

For the Shell Companies subindustry, Trans Global Group'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.

Trans Global Group Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trans Global Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Trans Global Group's Days Payable falls into.


Trans Global Group 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.

Trans Global Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0.406) / 1 ) / 0.111*365
=0.406 / 0.111*365
=1,335.05

Trans Global Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.375 + 0.374) / 2 ) / 0*365 / 4
=0.3745 / 0*365 / 4
=N/A

* 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 0.00 mean?
Trans Global Group (TGGI) has a Days Payable of 0.00 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Trans Global Group and its competitors.
Is Trans Global Group's Days Payable too high?
Trans Global Group's current Days Payable is 0.00.
How does Trans Global Group's Days Payable compare to WNFT and SRNW?
Trans Global Group's Days Payable of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 73.80. 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 73.80, based on 75 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. 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 Trans Global Group and its competitors. For the Diversified Financial Services industry, the median Days Payable is 73.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trans Global Group's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trans Global Group stock overvalued right now?
Trans Global Group (TGGI) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Trans Global Group (TGGI), the current Days Payable is 0.00 as of Sep. 2023. 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.

Trans Global Group Business Description

Address Minzhi Street, Room 2701, Block A, Zhantao Technology Building, Guangdong Province, Shenzhen, CHN, 518000
Trans Global Group Inc is a shell company.