TRTI (Transtech Industries) Days Payable: 194.60 (As of Dec. 2009)


What is Transtech Industries Days Payable?

Transtech Industries TRTI Days Payable is 194.60 as of Dec. 2009.

Transtech Industries's average Accounts Payable for the three months ended in Dec. 2009 was $0.31 Mil. Transtech Industries's Cost of Goods Sold for the three months ended in Dec. 2009 was $0.15 Mil. Hence, Transtech Industries's Days Payable for the three months ended in Dec. 2009 was 194.60.

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

TRTI's Days Payable is not ranked *
in the Waste Management industry.
Industry Median: 63.51
* Ranked among companies with meaningful Days Payable only.

Transtech Industries's Days Payable increased from Dec. 2008 (141.62) to Dec. 2009 (194.60). It may suggest that Transtech Industries delayed paying its suppliers.

Transtech Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Transtech 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.

Transtech Industries Days Payable Chart

Transtech Industries Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 262.16 257.57 233.13 133.74 163.06

Transtech Industries Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 141.62 151.04 428.11 314.42 194.60

TRTI vs CREG, SENR, NESCQ: Days Payable Comparison

For the Waste Management subindustry, Transtech 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.

Transtech Industries Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Transtech Industries's Days Payable distribution charts can be found below:

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


Transtech 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.

Transtech Industries's Days Payable for the fiscal year that ended in Dec. 2009 is calculated as

Days Payable (A: Dec. 2009 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2008 ) + Accounts Payable (A: Dec. 2009 )) / count ) / Cost of Goods Sold (A: Dec. 2009 )*Days in Period
=( (0.194 + 0.217) / 2 ) / 0.46*365
=0.2055 / 0.46*365
=163.06

Transtech Industries's Days Payable for the quarter that ended in Dec. 2009 is calculated as:

Days Payable (Q: Dec. 2009 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2009 ) + Accounts Payable (Q: Dec. 2009 )) / count ) / Cost of Goods Sold (Q: Dec. 2009 )*Days in Period
=( (0.41 + 0.217) / 2 ) / 0.147*365 / 4
=0.3135 / 0.147*365 / 4
=194.60

* 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 194.60 mean?
Transtech Industries (TRTI) has a Days Payable of 194.60 as of Dec. 2009. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Transtech Industries and its competitors.
Is Transtech Industries' Days Payable too high?
Transtech Industries' current Days Payable is 194.60. The Waste Management industry median Days Payable is 63.51. Transtech Industries' value of 194.60 is 206.4% above this industry median.
How does Transtech Industries' Days Payable compare to CREG and SENR?
Transtech Industries' Days Payable of 194.60 can be compared against companies in the Waste Management industry. The industry median Days Payable is 63.51. Transtech Industries' value of 194.60 is 206.4% 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.51, based on 233 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. Transtech Industries's current Days Payable of 194.60 is 206.4% 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 Transtech Industries and its competitors. For the Waste Management industry, the median Days Payable is 63.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transtech Industries's current Days Payable is 194.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transtech Industries stock overvalued right now?
Transtech Industries (TRTI) has a current Days Payable of 194.60. The current Days Payable is 194.60 and 206.4% above the Waste Management industry median of 63.51. 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 Transtech Industries (TRTI), the current Days Payable is 194.60 as of Dec. 2009. 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.

Transtech Industries Business Description

Address 2025 Delsea Drive, Sewell, NJ, USA, 08080
Transtech Industries Inc, through its subsidiaries, supervises and performs landfill monitoring, closure and post-closure procedures, manages methane gas recovery operations and generates electric power utilizing methane gas.