Trophy Games Development A/S (OCSE:TGAMES) Days Payable : 52.00 (As of Dec. 2023)

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What is Trophy Games Development A/S Days Payable?

Trophy Games Development A/S's average Accounts Payable for the six months ended in Dec. 2023 was kr2.33 Mil. Trophy Games Development A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was kr8.16 Mil. Hence, Trophy Games Development A/S's Days Payable for the six months ended in Dec. 2023 was 52.00.

The historical rank and industry rank for Trophy Games Development A/S's Days Payable or its related term are showing as below:

OCSE:TGAMES' s Days Payable Range Over the Past 10 Years
Min: 6.93 Med: 15.16 Max: 28.21
Current: 28.21

During the past 5 years, Trophy Games Development A/S's highest Days Payable was 28.21. The lowest was 6.93. And the median was 15.16.

OCSE:TGAMES's Days Payable is ranked worse than
71.95% of 435 companies
in the Interactive Media industry
Industry Median: 61.44 vs OCSE:TGAMES: 28.21

Trophy Games Development A/S's Days Payable increased from Dec. 2022 (45.49) to Dec. 2023 (52.00). It may suggest that Trophy Games Development A/S delayed paying its suppliers.

Trophy Games Development A/S Days Payable Historical Data

The historical data trend for Trophy Games Development A/S'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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Trophy Games Development A/S Days Payable Chart

Trophy Games Development A/S Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

7.00

6.93

17.48

21.56

15.16

Trophy Games Development A/S Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				13.15	23.10	45.49	25.85	52.00

Competitive Comparison of Trophy Games Development A/S's Days Payable

For the Electronic Gaming & Multimedia subindustry, Trophy Games Development A/S'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.

Trophy Games Development A/S's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trophy Games Development A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Trophy Games Development A/S's Days Payable falls into.

Trophy Games Development A/S 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.

Trophy Games Development A/S'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
=	( (0.921	+	1.076)	/	2 )	/	24.038	*	365
=	0.9985					/	24.038	*	365
=	15.16

Trophy Games Development A/S'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
=	( (3.576	+	1.076)	/	2 )	/	8.164	*	365 / 2
=	2.326					/	8.164	*	365 / 2
=	52.00

Trophy Games Development A/S Days Payable Related Terms

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Trophy Games Development A/S (OCSE:TGAMES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trophy Games Development A/S (OCSE:TGAMES) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mikkel Bryggers Gade 4, 2nd Floor, Copenhagen, DNK, 1460

Website

https://www.trophy-games.com

Trophy Games Development A/S is a Denmark-based game that develops and publishes mobile and pc games. Its game studio provides endless entertainment and challenging gameplay for all players. The company offers games for mobile, Steam and browser.

Trophy Games Development A/S (OCSE:TGAMES) Headlines

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