Transilvania Investments Alliance (BSE:TRANSI) Days Payable : 25.19 (As of Sep. 2023)

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What is Transilvania Investments Alliance Days Payable?

Transilvania Investments Alliance's average Accounts Payable for the three months ended in Sep. 2023 was lei1.45 Mil. Transilvania Investments Alliance's Cost of Goods Sold for the three months ended in Sep. 2023 was lei5.25 Mil. Hence, Transilvania Investments Alliance's Days Payable for the three months ended in Sep. 2023 was 25.19.

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

BSE:TRANSI' s Days Payable Range Over the Past 10 Years
Min: 8.43 Med: 14.01 Max: 29.47
Current: 29.47

During the past 13 years, Transilvania Investments Alliance's highest Days Payable was 29.47. The lowest was 8.43. And the median was 14.01.

BSE:TRANSI's Days Payable is ranked worse than
75.43% of 468 companies
in the Asset Management industry
Industry Median: 68.825 vs BSE:TRANSI: 29.47

Transilvania Investments Alliance's Days Payable declined from Sep. 2022 (34.32) to Sep. 2023 (25.19). It may suggest that Transilvania Investments Alliance accelerated paying its suppliers.

Transilvania Investments Alliance Days Payable Historical Data

The historical data trend for Transilvania Investments Alliance'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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Transilvania Investments Alliance Days Payable Chart

Transilvania Investments Alliance Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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14.01

12.67

27.83

Transilvania Investments Alliance Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															34.32	31.55	30.08	34.18	25.19

Competitive Comparison of Transilvania Investments Alliance's Days Payable

For the Asset Management subindustry, Transilvania Investments Alliance'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.

Transilvania Investments Alliance's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Transilvania Investments Alliance's Days Payable distribution charts can be found below:

* The bar in red indicates where Transilvania Investments Alliance's Days Payable falls into.

Transilvania Investments Alliance 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.

Transilvania Investments Alliance's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	16.505	*	365
=	0					/	16.505	*	365
=	0.00

Transilvania Investments Alliance's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.42	+	1.477)	/	2 )	/	5.248	*	365 / 4
=	1.4485					/	5.248	*	365 / 4
=	25.19

Transilvania Investments Alliance Days Payable Related Terms

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Transilvania Investments Alliance (BSE:TRANSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Transilvania Investments Alliance SA (BSE:TRANSI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

2 Nicolae Iorga Street, Brasov, ROU, 500057

Website

https://www.transilvaniainvestments.ro

Transilvania Investments Alliance SA is a closed-end financial investment company. The company's objective is the investment management of the portfolio and permanent identification of investment opportunities ensuring a reasonable level of investment risk dispersion. It holds and manages an investment portfolio consisting of stocks, bonds, and other investment instruments.

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