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

Torm (TRMD) recorded quarterly Change in Account Payables of -$20.3 in Q4 2020, down 189.04% quarter-over-quarter from $22.8 in Q4 2019, and down 189.04% on a YoY basis from $22.8 in Q1 2020.

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.

  • In Q4 2020, Change in Account Payables fell 189.04% year-over-year to -$20.3; the TTM figure through Dec 2020 stood at $12.6 (down 58.42% YoY), while the FY2022 annual figure was $4.7 million, down 75.77% from the prior year.
  • Change in Account Payables was -$20.3 for Q4 2020 at Torm, down from $22.8 in the prior quarter.
  • In the past five years, Change in Account Payables ranged from a high of $22.8 in Q4 2019 to a low of -$20.3 in Q4 2020.
  • Historically, Change in Account Payables has averaged $2.0 across 5 years, with a median of -$1.6 in 2017.
  • The sharpest annual moves came in 2018 and 2020: Change in Account Payables surged 831.25% in 2018, then plunged 189.04% in 2020.
  • A 5-year view of Change in Account Payables shows it 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 slumped by 189.04% to -$20.3 in 2020.
  • The last three Change in Account Payables figures came in at -$20.3 (Q4 2020), $22.8 (Q4 2019), and $11.7 (Q4 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Enbridge 89.85 Bn 90.55 Bn 6.70 Bn -
2 Enterprise Products Partners 80.59 Bn 79.44 Bn - -
3 Kinder Morgan 70.78 Bn 71.86 Bn 3.08 Bn -172.00 Mn
4 Energy Transfer 65.32 Bn 64.60 Bn 6.62 Bn -
5 Scorpio Tankers 61.31 Bn 60.32 Bn - -
6 Targa Resources 58.52 Bn 58.55 Bn 1.70 Bn -
7 Mplx 57.50 Bn 55.99 Bn 2.54 Bn -
8 Oneok 57.00 Bn 56.87 Bn 2.57 Bn 810.00 Mn
9 Tc Energy 51.73 Bn 52.93 Bn 2.95 Bn -
10 Torm 3.08 Bn 2.92 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