Torm (TRMD) Change in Account Payables (2016 - 2020)

Torm's (TRMD) quarterly Change in Account Payables came in at -$20.3 in Q4 2020, down 189.04% year-on-year from $22.8 in Q1 2020, and down 189.04% quarter-over-quarter from $22.8 in Q4 2019.

Torm (TRMD) Change in Account Payables (2016 - 2020) Analysis & Trends

Torm's Change in Account Payables history runs 5 years deep, the most recent figure standing at -$20.3 for Q4 2020.

  • On a quarterly basis, Change in Account Payables fell 189.04% year-over-year to -$20.3 in Q4 2020; TTM through Dec 2020 was $12.6, a 58.42% decrease from a year earlier, with the FY2022 full-year figure at $4.7 million, down 75.77% from the prior year.
  • Change in Account Payables declined to -$20.3 in Q4 2020 per TRMD's latest filing, from $22.8 in the prior quarter.
  • Across five years, Change in Account Payables topped out at $22.8 in Q4 2019 and bottomed at -$20.3 in Q4 2020.
  • The 5-year median for Change in Account Payables is -$1.6 (2017), against an average of $2.0.
  • Across the five-year window, Change in Account Payables jumped 831.25% in 2018 and plunged 189.04% in 2020, its largest moves.
  • Year by year, Change in Account Payables stood at -$2.6 in 2016, then soared by 38.46% to -$1.6 in 2017, then soared by 831.25% to $11.7 in 2018, then jumped by 94.87% to $22.8 in 2019, then plunged by 189.04% to -$20.3 in 2020.
  • Per Business Quant, the three latest TRMD Change in Account Payables figures stand at -$20.3 (Q4 2020), $22.8 (Q4 2019), and $11.7 (Q4 2018).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 7.79 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -3.01 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 87.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn -
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 810.00 Mn
10 Torm 2.96 Bn 2.80 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2020 -20.30
Dec 31, 2020 -20.30
Dec 31, 2019 22.80
Dec 31, 2019 22.80
Dec 31, 2018 11.70
Dec 31, 2018 11.70
Dec 31, 2017 -1.60
Dec 31, 2017 -1.60
Dec 31, 2016 -2.60
Dec 31, 2016 -2.60