Triumph Group Inc (TGI)

Payables turnover

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
Cost of revenue (ttm) US$ in thousands 620,377 878,399 872,962 941,463 975,120 988,034 1,013,263 959,933 991,599 1,005,385 997,512 1,051,785 1,073,063 1,147,939 1,256,364 1,376,101 1,476,266 1,673,310 1,878,839 2,119,003
Payables US$ in thousands 121,775 145,566 128,167 167,349 133,550 154,955 152,905 169,873 166,501 154,588 132,734 161,534 168,894 142,600 164,753 179,473 195,300 242,475 299,269
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

March 31, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $620,377K ÷ $—K
= —

The payables turnover ratio for Triumph Group Inc has shown fluctuation over the past few years. The ratio indicates how efficiently the company is managing its accounts payable by measuring how many times a company pays off its average accounts payable balance during a specific period.

For Triumph Group Inc:
- The payables turnover ratio ranged from a low of 5.83 in March 2024 to a high of 8.81 in September 2021.
- The highest ratio suggests that the company was able to pay off its accounts payable nearly 8.81 times during that period, indicating efficient management of its payables.
- However, the ratio dropped to 6.45 in September 2022 and further decreased to 5.83 in March 2024, which may indicate a slowdown in payment of accounts payable or potentially a change in payment terms with suppliers.
- The ratio stood at 7.35 in June 2024, showing a slight improvement from the previous period.
- Notably, there is missing data for the payables turnover ratio for March 2025.

Overall, the payables turnover ratio for Triumph Group Inc demonstrates variations over time, reflecting fluctuations in the company's ability to manage its accounts payable efficiently. It is essential for the company to analyze the reasons behind these fluctuations and ensure effective management of payables to maintain financial health and supplier relationships.


Peer comparison

Mar 31, 2025

Company name
Symbol
Payables turnover
Triumph Group Inc
TGI
AAR Corp
AIR
9.22
Textron Inc
TXT