Triumph Group Inc (TGI)

Number of days of payables

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Payables turnover 7.21 6.00 7.35 5.83 7.40 6.54 6.28 5.84 6.04 6.45 7.92 6.64 6.80 8.81 8.35 8.23 8.57 7.75 7.08
Number of days of payables days 50.60 60.86 49.69 62.64 49.34 55.82 58.14 62.53 60.45 56.57 46.06 54.95 53.70 41.43 43.70 44.37 42.60 47.11 51.55

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

Triumph Group Inc's number of days of payables have fluctuated over the years based on the provided data. As of March 31, 2025, the number of days of payables is not available. In the past quarters, Triumph Group Inc's number of days of payables ranged from a low of 41.43 days on September 30, 2021, to a high of 62.64 days on March 31, 2024.

The trend in the number of days of payables indicates that Triumph Group Inc has been managing its payables efficiently as the company has been able to stretch its payables over an average of approximately 50 days. Lower values suggest that the company is taking longer to pay its suppliers, potentially indicating a cash flow advantage.

However, the increase in days of payables towards the end of the data period, reaching a peak of 60.86 days on September 30, 2024, followed by a decrease to 50.60 days on December 31, 2024, may raise concerns about the company's liquidity position and the possible strain on relationships with suppliers.

Overall, monitoring Triumph Group Inc's number of days of payables along with other financial ratios can provide valuable insights into the company's working capital management and financial health.


Peer comparison

Mar 31, 2025

Company name
Symbol
Number of days of payables
Triumph Group Inc
TGI
AAR Corp
AIR
39.59
Textron Inc
TXT