TWIN (Twin Disc) Days Payable : 54.24 (As of Sep. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Twin Disc Days Payable?

Twin Disc's average Accounts Payable for the three months ended in Sep. 2024 was $31.8 Mil. Twin Disc's Cost of Goods Sold for the three months ended in Sep. 2024 was $53.6 Mil. Hence, Twin Disc's Days Payable for the three months ended in Sep. 2024 was 54.24.

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

TWIN' s Days Payable Range Over the Past 10 Years
Min: 42.78 Med: 56.28 Max: 62.42
Current: 53.17

During the past 13 years, Twin Disc's highest Days Payable was 62.42. The lowest was 42.78. And the median was 56.28.

TWIN's Days Payable is ranked worse than
67.53% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs TWIN: 53.17

Twin Disc's Days Payable declined from Sep. 2023 (64.26) to Sep. 2024 (54.24). It may suggest that Twin Disc accelerated paying its suppliers.

Twin Disc Days Payable Historical Data

The historical data trend for Twin Disc'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.

* Premium members only.

Twin Disc Days Payable Chart

Twin Disc Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

Get a 7-Day Free Trial

54.55

61.67

62.42

58.57

59.53

Twin Disc 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															64.26	54.22	56.44	50.61	54.24

Competitive Comparison of Twin Disc's Days Payable

For the Specialty Industrial Machinery subindustry, Twin Disc'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.

Twin Disc's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Twin Disc's Days Payable distribution charts can be found below:

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

Twin Disc 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.

Twin Disc's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (36.499	+	32.586)	/	2 )	/	211.808	*	365
=	34.5425					/	211.808	*	365
=	59.53

Twin Disc'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
=	( (32.586	+	31.106)	/	2 )	/	53.575	*	365 / 4
=	31.846					/	53.575	*	365 / 4
=	54.24

Twin Disc Days Payable Related Terms

Thank you for viewing the detailed overview of Twin Disc's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Twin Disc Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Twin Disc Inc (NAS:TWIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TWN:Germany

Address

222 East Erie Street, Suite 400, Milwaukee, WI, USA, 53202

Website

https://www.twindisc.com

Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its product portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.

Executives

John H Batten	officer: VP-GM - Marine	1328 RACINE ST., RACINE WI 53403
Kevin M. Olsen	director	C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Juliann Larimer	director	C/O ZEBRA TECHNOLOGIES CORPORATION, 333 CORPORATE WOODS PARKWAY, VERNON HILLS IL 60061
Michael Doar	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
David B Rayburn	director
Malcolm F Moore	director	143 WATER STREET, 143 WATER STREET, WEST BEND WI 53095
Christopher Daniel Bridleman	officer: VP Global Operations	1328 RACINE STREET, RACINE WI 53403
Denise Wilcox	officer: VP-HUMAN RESOURCES	1328 RACINE STREET, RACINE WI 53403
Jeffrey Scott Knutson	officer: Corporate Controller	1328 RACINE STREET, RACINE WI 53403
David R Zimmer	director	1255 INDIAN MOUND WEST, BLOOMFIELD MI 48301
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Janet Plaut Giesselman	director	25435 HARVARD RD., BEACHWOOD OH 44122