Trustpilot Group (LSE:TRST) Days Payable : 40.47 (As of Dec. 2023)

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What is Trustpilot Group Days Payable?

Trustpilot Group's average Accounts Payable for the six months ended in Dec. 2023 was £2.8 Mil. Trustpilot Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £12.6 Mil. Hence, Trustpilot Group's Days Payable for the six months ended in Dec. 2023 was 40.47.

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

LSE:TRST' s Days Payable Range Over the Past 10 Years
Min: 22.95 Med: 28.17 Max: 43.41
Current: 39.01

During the past 6 years, Trustpilot Group's highest Days Payable was 43.41. The lowest was 22.95. And the median was 28.17.

LSE:TRST's Days Payable is ranked worse than
57.53% of 2531 companies
in the Software industry
Industry Median: 50.36 vs LSE:TRST: 39.01

Trustpilot Group's Days Payable increased from Dec. 2022 (37.51) to Dec. 2023 (40.47). It may suggest that Trustpilot Group delayed paying its suppliers.

Trustpilot Group Days Payable Historical Data

The historical data trend for Trustpilot 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.

* Premium members only.

Trustpilot Group Days Payable Chart

Trustpilot Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.50

25.36

22.95

30.12

43.41

Trustpilot Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					20.97	30.63	37.51	32.99	40.47

Competitive Comparison of Trustpilot Group's Days Payable

For the Software - Application subindustry, Trustpilot 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.

Trustpilot Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Trustpilot Group's Days Payable distribution charts can be found below:

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

Trustpilot 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.

Trustpilot Group'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
=	( (2.269	+	3.54)	/	2 )	/	24.422	*	365
=	2.9045					/	24.422	*	365
=	43.41

Trustpilot Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.031	+	3.54)	/	2 )	/	12.56	*	365 / 2
=	2.7855					/	12.56	*	365 / 2
=	40.47

Trustpilot Group Days Payable Related Terms

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

Trustpilot Group (LSE:TRST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trustpilot Group PLC (LSE:TRST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TRSTl:UK

Address

21 Mincing Lane, 5th Floor The Minster Building, London, GBR, EC3R 7AG

Website

https://www.trustpilot.com

Trustpilot Group PLC is a global review platform in an emerging and growing category. It seeks to provide a trust layer for the open commerce ecosystem by giving consumers the confidence to purchase goods and services from a wide range of online and offline businesses across the world.