TTHG (Titanium Holdings Group) Days Payable: 41.04 (As of Sep. 2002)


What is Titanium Holdings Group Days Payable?

Titanium Holdings Group TTHG Days Payable is 41.04 as of Sep. 2002.

Titanium Holdings Group's average Accounts Payable for the three months ended in Sep. 2002 was $0.28 Mil. Titanium Holdings Group's Cost of Goods Sold for the three months ended in Sep. 2002 was $0.63 Mil. Hence, Titanium Holdings Group's Days Payable for the three months ended in Sep. 2002 was 41.04.

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

TTHG's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 55.855
* Ranked among companies with meaningful Days Payable only.

Titanium Holdings Group's Days Payable declined from Sep. 2001 (75.25) to Sep. 2002 (41.04). It may suggest that Titanium Holdings Group accelerated paying its suppliers.

Titanium Holdings Group Days Payable Historical Data

* Premium members only.

The historical data trend for Titanium Holdings 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.

Titanium Holdings Group Days Payable Chart

Titanium Holdings Group Annual Data
Trend Dec99 Dec00 Dec01
Days Payable
251.93 147.13 90.47

Titanium Holdings Group Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.25 54.44 48.68 55.26 41.04

TTHG vs MTLK, VBVT, FWLAF: Days Payable Comparison

For the Conglomerates subindustry, Titanium Holdings 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.

Titanium Holdings Group Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Titanium Holdings Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Titanium Holdings Group's Days Payable falls into.


Titanium Holdings 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.

Titanium Holdings Group's Days Payable for the fiscal year that ended in Dec. 2001 is calculated as

Days Payable (A: Dec. 2001 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2000 ) + Accounts Payable (A: Dec. 2001 )) / count ) / Cost of Goods Sold (A: Dec. 2001 )*Days in Period
=( (0.931 + 0.352) / 2 ) / 2.588*365
=0.6415 / 2.588*365
=90.47

Titanium Holdings Group's Days Payable for the quarter that ended in Sep. 2002 is calculated as:

Days Payable (Q: Sep. 2002 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2002 ) + Accounts Payable (Q: Sep. 2002 )) / count ) / Cost of Goods Sold (Q: Sep. 2002 )*Days in Period
=( (0.252 + 0.312) / 2 ) / 0.627*365 / 4
=0.282 / 0.627*365 / 4
=41.04

* 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 41.04 mean?
Titanium Holdings Group (TTHG) has a Days Payable of 41.04 as of Sep. 2002. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Titanium Holdings Group and its competitors.
Is Titanium Holdings Group's Days Payable too high?
Titanium Holdings Group's current Days Payable is 41.04. The Conglomerates industry median Days Payable is 55.86. Titanium Holdings Group's value of 41.04 is 26.5% below this industry median.
How does Titanium Holdings Group's Days Payable compare to MTLK and VBVT?
Titanium Holdings Group's Days Payable of 41.04 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 55.86. Titanium Holdings Group's value of 41.04 is 26.5% below 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.86, based on 506 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. Titanium Holdings Group's current Days Payable of 41.04 is 26.5% below 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 Titanium Holdings Group and its competitors. For the Conglomerates industry, the median Days Payable is 55.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titanium Holdings Group's current Days Payable is 41.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titanium Holdings Group stock overvalued right now?
Titanium Holdings Group (TTHG) has a current Days Payable of 41.04. The current Days Payable is 41.04 and 26.5% below the Conglomerates industry median of 55.86. 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 Titanium Holdings Group (TTHG), the current Days Payable is 41.04 as of Sep. 2002. 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.

Titanium Holdings Group Business Description

Address 1023 Morales Street, San Antonio, TX, USA, 78207
Titanium Holdings Group Inc along with its subsidiary, is engaged in manufacturing and the wholesale distribution of sanitary maintenance supplies and paper products. The group recognizes revenue when products are shipped.