PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Days Payable : 28.01 (As of Mar. 2024)

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What is PT Ultrajaya Milk Industry & Trading Co Tbk Days Payable?

PT Ultrajaya Milk Industry & Trading Co Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp466,848 Mil. PT Ultrajaya Milk Industry & Trading Co Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,521,038 Mil. Hence, PT Ultrajaya Milk Industry & Trading Co Tbk's Days Payable for the three months ended in Mar. 2024 was 28.01.

The historical rank and industry rank for PT Ultrajaya Milk Industry & Trading Co Tbk's Days Payable or its related term are showing as below:

ISX:ULTJ' s Days Payable Range Over the Past 10 Years
Min: 27.9 Med: 41.79 Max: 55.92
Current: 27.9

During the past 13 years, PT Ultrajaya Milk Industry & Trading Co Tbk's highest Days Payable was 55.92. The lowest was 27.90. And the median was 41.79.

ISX:ULTJ's Days Payable is ranked worse than
74.71% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.66 vs ISX:ULTJ: 27.90

PT Ultrajaya Milk Industry & Trading Co Tbk's Days Payable declined from Mar. 2023 (31.80) to Mar. 2024 (28.01). It may suggest that PT Ultrajaya Milk Industry & Trading Co Tbk accelerated paying its suppliers.

PT Ultrajaya Milk Industry & Trading Co Tbk Days Payable Historical Data

The historical data trend for PT Ultrajaya Milk Industry & Trading Co Tbk'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.

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PT Ultrajaya Milk Industry & Trading Co Tbk Days Payable Chart

PT Ultrajaya Milk Industry & Trading Co Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.47

40.14

32.85

35.75

35.47

PT Ultrajaya Milk Industry & Trading Co Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															31.80	30.95	27.56	24.72	28.01

Competitive Comparison of PT Ultrajaya Milk Industry & Trading Co Tbk's Days Payable

For the Packaged Foods subindustry, PT Ultrajaya Milk Industry & Trading Co Tbk'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.

PT Ultrajaya Milk Industry & Trading Co Tbk's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Ultrajaya Milk Industry & Trading Co Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Ultrajaya Milk Industry & Trading Co Tbk's Days Payable falls into.

PT Ultrajaya Milk Industry & Trading Co Tbk 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.

PT Ultrajaya Milk Industry & Trading Co Tbk'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
=	( (625235	+	465275)	/	2 )	/	5611170	*	365
=	545255					/	5611170	*	365
=	35.47

PT Ultrajaya Milk Industry & Trading Co Tbk's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (465275	+	468420)	/	2 )	/	1521038	*	365 / 4
=	466847.5					/	1521038	*	365 / 4
=	28.01

PT Ultrajaya Milk Industry & Trading Co Tbk Days Payable Related Terms

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PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Cimareme 131, Padalarang, Kabupaten Bandung Barat, Bandung, IDN, 40552

Website

https://www.ultrajaya.co.id

PT Ultrajaya Milk Industry & Trading Co Tbk is in the business of producing dairy products, beverages, and healthy drink products with ultra-high temperature technology and aseptic packaging. Its products are Freshmilk, Tea drink, Health drinks, Sweetened condensed creamer, and others. The firm has Beverages and Food operating segments. It derives the majority of its revenues from the Beverages segment.

PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Headlines

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