Trine Acquisition (Trine Acquisition) Days Payable : 0.00 (As of Sep. 2020)

View and export this data going back to 2019. Start your Free Trial

What is Trine Acquisition Days Payable?

Trine Acquisition's average Accounts Payable for the three months ended in Sep. 2020 was $0.00 Mil. Trine Acquisition's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.00 Mil.

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

TRNE's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 83.07
* Ranked among companies with meaningful Days Payable only.

Trine Acquisition's Days Payable stayed the same from Sep. 2019 (0.00) to Sep. 2020 (0.00). stayed the same

Trine Acquisition Days Payable Historical Data

The historical data trend for Trine Acquisition'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.

Trine Acquisition Days Payable Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Days Payable

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Trine Acquisition's Days Payable

For the Shell Companies subindustry, Trine Acquisition'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.

Trine Acquisition's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trine Acquisition's Days Payable distribution charts can be found below:

* The bar in red indicates where Trine Acquisition's Days Payable falls into.

Trine Acquisition 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.

Trine Acquisition's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (0.02	+	0.303)	/	2 )	/	0	*	365
=	0.1615					/	0	*	365
=	N/A

Trine Acquisition's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

	Days Payable (Q: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2020 )	+	Accounts Payable (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Trine Acquisition Days Payable Related Terms

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

Trine Acquisition (Trine Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trine Acquisition Corp (NYSE:TRNE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Lexington Avenue, 48th Floor, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.trineacquisitioncorp.com

Trine Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.