PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Days Sales Outstanding

: 50.81 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

PT Indocement Tunggal Prakarsa Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was $181 Mil. PT Indocement Tunggal Prakarsa Tbk's Revenue for the three months ended in Dec. 2023 was $326 Mil. Hence, PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.81.

The historical rank and industry rank for PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding or its related term are showing as below:

PITPY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.94 Med: 62.32 Max: 71.65
Current: 55.76

During the past 13 years, PT Indocement Tunggal Prakarsa Tbk's highest Days Sales Outstanding was 71.65. The lowest was 46.94. And the median was 62.32.

PITPY's Days Sales Outstanding is ranked worse than
51.05% of 382 companies
in the Building Materials industry
Industry Median: 55.53 vs PITPY: 55.76

PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding declined from Dec. 2022 (56.00) to Dec. 2023 (50.81).

PT Indocement Tunggal Prakarsa Tbk Days Sales Outstanding Historical Data

The historical data trend for PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding 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.

PT Indocement Tunggal Prakarsa Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

66.76

72.21

64.26

61.51

54.30

PT Indocement Tunggal Prakarsa Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															56.00	55.48	66.64	53.26	50.81

Competitive Comparison

For the Building Materials subindustry, PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Indocement Tunggal Prakarsa Tbk Days Sales Outstanding Distribution

For the Building Materials industry and Basic Materials sector, PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding falls into.

PT Indocement Tunggal Prakarsa Tbk Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (168.563	+	177.866)	/	2 )	/	1164.359	*	365
=	173.2145					/	1164.359	*	365
=	54.30

PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (184.9	+	177.866)	/	2 )	/	325.77	*	365 / 4
=	181.383					/	325.77	*	365 / 4
=	50.81

PT Indocement Tunggal Prakarsa Tbk (OTCPK:PITPY) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

PT Indocement Tunggal Prakarsa Tbk Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of PT Indocement Tunggal Prakarsa Tbk's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Indocement Tunggal Prakarsa Tbk (OTCPK:PITPY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

INTP:Indonesia ITP:Germany

Address

Jalan Jenderal Sudirman Kavling 70-71, Wisma Indocement, 13th Floor, Jakarta, IDN, 12910

Website

https://www.indocement.co.id

PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement, concrete, and cement-related products. The firm operates in three segments cement, ready-mix concrete, and aggregates quarries. The Cement segment, which generates the vast majority of revenue, sells cement under the Tiga Roda brand, primarily to retailers and the residential construction industry. The Ready-Mix Concrete segment sells concrete to the building and construction industries.

PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Headlines

No Headlines