TROOPS (TROOPS) Days Payable : 0.13 (As of Dec. 2023)

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What is TROOPS Days Payable?

TROOPS's average Accounts Payable for the six months ended in Dec. 2023 was $0.00 Mil. TROOPS's Cost of Goods Sold for the six months ended in Dec. 2023 was $1.37 Mil. Hence, TROOPS's Days Payable for the six months ended in Dec. 2023 was 0.13.

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

TROO' s Days Payable Range Over the Past 10 Years
Min: 0.07 Med: 11.77 Max: 68.24
Current: 0.26

During the past 13 years, TROOPS's highest Days Payable was 68.24. The lowest was 0.07. And the median was 11.77.

TROO's Days Payable is ranked worse than
99.8% of 2524 companies
in the Software industry
Industry Median: 50.7 vs TROO: 0.26

TROOPS's Days Payable declined from Dec. 2022 (0.37) to Dec. 2023 (0.13). It may suggest that TROOPS accelerated paying its suppliers.

TROOPS Days Payable Historical Data

The historical data trend for TROOPS'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.

TROOPS Days Payable Chart

TROOPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.15

0.07

TROOPS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															6.09	0.35	0.37	0.13	0.13

Competitive Comparison of TROOPS's Days Payable

For the Software - Application subindustry, TROOPS'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.

TROOPS's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, TROOPS's Days Payable distribution charts can be found below:

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

TROOPS 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.

TROOPS'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	+	0)	/	1 )	/	2.793	*	365
=	0					/	2.793	*	365
=	0.00

TROOPS'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
=	( (0.001	+	0)	/	1 )	/	1.369	*	365 / 2
=	0.001					/	1.369	*	365 / 2
=	0.13

TROOPS Days Payable Related Terms

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

TROOPS (TROOPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TROOPS Inc (NAS:TROO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Fui Yiu Kok Street, 21st Floor, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.troops.co

TROOPS Inc is a conglomerate group of various businesses with its headquarters based in Hong Kong. The group is principally engaged in money lending business in Hong Kong providing mortgage loans to high quality target borrowers, property investment to generate additional rental income and the development, operation and management of an online financial marketplace that provides one-stop financial technology solutions including API services by leveraging artificial intelligence, large data and blockchain, and cloud computing (SaaS). It derives revenue from Hong Kong and Australia. Majority of its revenue generates from domestic market.

Executives

Hong Xiang Liu	director	2F20 XIAO HUOWA, BAIXIA DISTRICT, SHANGHAI F4 210002
Hao Wu	director, officer: Chief Financial Officer	CIRO'S PLAZA, 388 NANJING WEST RD., SUITE 2307, SHANGHAI F4 200003
William R Hambrecht	10 percent owner	C/O ADOBE SUSTEMS INC, 345 PARK AVENUE P O BOX 2704, SAN JOSE CA 95110-2704
Stephen N Cannon	10 percent owner, officer: Vice President of Acquisitions	13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Wr Hambrecht & Co Llc	10 percent owner	550 15TH STREET, SAN FRANCISCO CA 94103
Robert J Eu	director, 10 percent owner, officer: Chairman, CFO and Secretary	13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
John Wang	director, 10 percent owner, officer: CEO, President and Director	13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Lee S Ting	director	13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS, ROAD CENTRAL, HONG KONG K3 0000000

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