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

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What is Transtech Industries Days Payable?

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: 72.98
* 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

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.

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Transtech Industries Days Payable Chart

Transtech Industries Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Days Payable

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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															141.62	151.04	428.11	314.42	194.60

Competitive Comparison of Transtech Industries's Days Payable

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's Days Payable Distribution in the 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

Transtech Industries Days Payable Related Terms

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Transtech Industries (Transtech Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Transtech Industries Inc (OTCPK:TRTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2025 Delsea Drive, Sewell, NJ, USA, 08080

Website

http://www.transtechindustries.com

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.

Transtech Industries (Transtech Industries) Headlines

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