Triumph Group Inc (TGI)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 5.30 | 5.19 | 5.71 | 6.64 | 8.23 | |
| Number of days of payables | days | 68.84 | 70.27 | 63.89 | 54.95 | 44.37 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.30
= 68.84
Triumph Group Inc's number of days of payables has shown an increasing trend over the last five years, indicating a lengthening in the time the company takes to pay its suppliers and vendors. This trend suggests that Triumph Group Inc may be taking longer to settle its payables, potentially indicating a strain on its cash flow management or a shift in its payment practices. The number of days of payables has risen from 44.37 days as of March 31, 2021, to 68.84 days as of March 31, 2025, reflecting a 55.1% increase over the period. This development should be closely monitored as extended payment terms could impact relationships with suppliers and overall liquidity position.
Peer comparison
Mar 31, 2025