Tricon Residential (TSX:TCN) Days Payable : 120.15 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Tricon Residential Days Payable?

Tricon Residential's average Accounts Payable for the three months ended in Dec. 2023 was C$169 Mil. Tricon Residential's Cost of Goods Sold for the three months ended in Dec. 2023 was C$128 Mil. Hence, Tricon Residential's Days Payable for the three months ended in Dec. 2023 was 120.15.

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

TSX:TCN' s Days Payable Range Over the Past 10 Years
Min: 39.87 Med: 91.75 Max: 295.09
Current: 116.59

During the past 13 years, Tricon Residential's highest Days Payable was 295.09. The lowest was 39.87. And the median was 91.75.

TSX:TCN's Days Payable is not ranked
in the Real Estate industry.
Industry Median: 97.65 vs TSX:TCN: 116.59

Tricon Residential's Days Payable declined from Dec. 2022 (123.45) to Dec. 2023 (120.15). It may suggest that Tricon Residential accelerated paying its suppliers.

Tricon Residential Days Payable Historical Data

The historical data trend for Tricon Residential'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.

Tricon Residential Days Payable Chart

Tricon Residential Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

122.00

91.75

39.87

40.81

Tricon Residential Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															123.45	89.04	148.07	183.80	120.15

Competitive Comparison of Tricon Residential's Days Payable

For the Real Estate Services subindustry, Tricon Residential'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.

Tricon Residential's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tricon Residential's Days Payable distribution charts can be found below:

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

Tricon Residential 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.

Tricon Residential'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
=	( (46.487	+	59.674)	/	2 )	/	474.697	*	365
=	53.0805					/	474.697	*	365
=	40.81

Tricon Residential'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (277.871	+	59.674)	/	2 )	/	128.177	*	365 / 4
=	168.7725					/	128.177	*	365 / 4
=	120.15

Tricon Residential Days Payable Related Terms

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

Tricon Residential (TSX:TCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tricon Residential Inc (TSX:TCN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TCN:USA 331:Germany

Address

7 St. Thomas Street, Suite 801, Toronto, ON, CAN, M5S 2B7

Website

https://www.triconresidential.com

Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 36,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.

Executives

Ira Gluskin

Director