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The following section summarizes insights on Truworths International Ltd's Days Payables Outstanding:
We've identified the following companies as similar to Truworths International Ltd because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Days Payables Outstanding in the efficiency category include:
A working capital efficiency ratio used to estimate the average number of days the firm has to pay its suppliers.
Days Payables Outstanding is defined as:
Average Accounts Payable
(/) Cost of Sales
(x) 365
(=) Days Payables Outstanding
Days Payables Outstanding for Truworths International is calculated as follows:
Average Accounts Payable [ (R2.724 B + R1.703 B) / 2 ]
(/) Cost of Sales [ R10.16 B ]
(x) 365
(=) Days Payables Outstanding [ 80 days ]
Days Payable Outstanding is a ratio that indicates how many days it takes a company to pay its suppliers. A company would prefer to have a higher DPO ratio in relation to its Days Sales Outstanding ratio. This would mean that the company is able to collect its cash earned from sales sooner than the company is required to pay its suppliers which is good for Net Working Capital and free cash flow.
Read more about cash conversion cycle, days sales outstanding, and days inventory outstanding
The chart above depicts the distribution of Days Payables Outstanding for companies operating in the Consumer Discretionary Sector in the Developing economic region. Over 2,500 companies were considered in this analysis, and 2,447 had meaningful values. The average Days Payables Outstanding of companies in the Sector is 85 days with a standard deviation of 92 days. Please note that Sector and Industry values may differ from other sources, as no adjustments have been made.
Truworths International Ltd's Days Payables Outstanding of 80 days ranks in the 61.4% percentile for the Sector. The following table provides additional summary stats:
| Economic Risk Region | Developing |
| Total Constituents | 2,502 |
| Included Constituents | 2,447 |
| Min | 0 days |
| Max | 818 days |
| Median | 61 days |
| Mean | 85 days |
| Standard Deviation | 92 days |
You can find companies with similar Days Payables Outstanding using this stock screener.
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