TRVN (Trevena) Days Payable: 820.45 (As of Sep. 2024)


TRVN Trevena Inc TRVN
12 GF Score
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What is Trevena Days Payable?

Trevena TRVN 12 Days Payable is 820.45 as of Sep. 2024. GuruFocus rates TRVN with a GF Score™ of 12/100.

Trevena's average Accounts Payable for the three months ended in Sep. 2024 was $1.03 Mil. Trevena's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.11 Mil. Hence, Trevena's Days Payable for the three months ended in Sep. 2024 was 820.45.

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

TRVN's Days Payable is not ranked *
in the Biotechnology industry.
Industry Median: 113.56
* Ranked among companies with meaningful Days Payable only.

Trevena's Days Payable declined from Sep. 2023 (1,061.63) to Sep. 2024 (820.45). It may suggest that Trevena accelerated paying its suppliers.

Trevena Days Payable Historical Data

* Premium members only.

The historical data trend for Trevena'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.

Trevena Days Payable Chart

Trevena 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 0.00 2,747.53 1,193.71 418.40 510.89

Trevena 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 1,061.63 137.05 2,400.50 1,532.20 820.45

TRVN vs HSTC, BTAX, KRBPQ: Days Payable Comparison

For the Biotechnology subindustry, Trevena'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.

Trevena Days Payable vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Trevena's Days Payable distribution charts can be found below:

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


TRVN
12GF Score
Trevena Inc TRVN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Trevena 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.

Trevena'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
=( (2.372 + 2.303) / 2 ) / 1.67*365
=2.3375 / 1.67*365
=510.89

Trevena'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
=( (1.132 + 0.918) / 2 ) / 0.114*365 / 4
=1.025 / 0.114*365 / 4
=820.45

* 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 820.45 mean?
Trevena (TRVN) has a Days Payable of 820.45 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Trevena and its competitors.
Is Trevena's Days Payable too high?
Trevena's current Days Payable is 820.45. The Biotechnology industry median Days Payable is 113.56. Trevena's value of 820.45 is 622.5% above this industry median. Overall, Trevena has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Trevena's Days Payable compare to HSTC and BTAX?
Trevena's Days Payable of 820.45 can be compared against companies in the Biotechnology industry. The industry median Days Payable is 113.56. Trevena's value of 820.45 is 622.5% 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 Biotechnology company?
The median Days Payable among Biotechnology companies is 113.56, based on 702 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. Trevena's current Days Payable of 820.45 is 622.5% 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 Trevena and its competitors. For the Biotechnology industry, the median Days Payable is 113.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trevena's current Days Payable is 820.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trevena stock overvalued right now?
Trevena (TRVN) has a current Days Payable of 820.45. The current Days Payable is 820.45 and 622.5% above the Biotechnology industry median of 113.56. Trevena's overall GF Score™ is 12/100. 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 Trevena (TRVN), the current Days Payable is 820.45 as of Sep. 2024. 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.

Trevena Business Description

Address 955 Chesterbrook Boulevard, Suite 110, Chesterbrook, PA, USA, 19087
Trevena Inc is an American biopharmaceutical company focused on developing and commercializing novel medicines for patients affected by central nervous system, or CNS, disorders.
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