PT Bakrie & Brothers Tbk (FRA:LFU2) Days Payable : 87.84 (As of Mar. 2024)

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What is PT Bakrie & Brothers Tbk Days Payable?

PT Bakrie & Brothers Tbk's average Accounts Payable for the three months ended in Mar. 2024 was €37.2 Mil. PT Bakrie & Brothers Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was €38.6 Mil. Hence, PT Bakrie & Brothers Tbk's Days Payable for the three months ended in Mar. 2024 was 87.84.

The historical rank and industry rank for PT Bakrie & Brothers Tbk's Days Payable or its related term are showing as below:

FRA:LFU2' s Days Payable Range Over the Past 10 Years
Min: 62.49 Med: 97.03 Max: 111.85
Current: 99.53

During the past 13 years, PT Bakrie & Brothers Tbk's highest Days Payable was 111.85. The lowest was 62.49. And the median was 97.03.

FRA:LFU2's Days Payable is ranked better than
72.98% of 470 companies
in the Conglomerates industry
Industry Median: 58.265 vs FRA:LFU2: 99.53

PT Bakrie & Brothers Tbk's Days Payable declined from Mar. 2023 (93.77) to Mar. 2024 (87.84). It may suggest that PT Bakrie & Brothers Tbk accelerated paying its suppliers.

PT Bakrie & Brothers Tbk Days Payable Historical Data

The historical data trend for PT Bakrie & Brothers 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 Bakrie & Brothers Tbk Days Payable Chart

PT Bakrie & Brothers Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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108.15

103.43

75.20

63.34

80.10

PT Bakrie & Brothers 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															93.77	90.12	93.56	170.77	87.84

Competitive Comparison of PT Bakrie & Brothers Tbk's Days Payable

For the Conglomerates subindustry, PT Bakrie & Brothers 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 Bakrie & Brothers Tbk's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Bakrie & Brothers Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Bakrie & Brothers Tbk's Days Payable falls into.

PT Bakrie & Brothers 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 Bakrie & Brothers 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
=	( (35.475	+	39.618)	/	2 )	/	171.082	*	365
=	37.5465					/	171.082	*	365
=	80.10

PT Bakrie & Brothers 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
=	( (39.618	+	34.706)	/	2 )	/	38.605	*	365 / 4
=	37.162					/	38.605	*	365 / 4
=	87.84

PT Bakrie & Brothers Tbk Days Payable Related Terms

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PT Bakrie & Brothers Tbk (FRA:LFU2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PT Bakrie & Brothers Tbk (FRA:LFU2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BNBR:Indonesia

Address

Jalan HR Rasuna Said, Bakrie Tower, 35th, 36th, 37th Floor, Rasuna Epicentrum Complex, Jakarta, IDN, 12940

Website

https://www.bakrie-brothers.com

PT Bakrie & Brothers Tbk is an investment holding company. Its activities comprise general trading, construction, agriculture, mining, steel pipe manufacturing, building materials and other construction products, telecommunication systems, electronic and electrical goods, and investment including equity investment in other companies. The company's operating segment includes Infrastructure and Manufacturing, Fabrication and Construction services, Services, Trading, and Investment. It generates maximum revenue from the Infrastructure and Manufacturing segment.

PT Bakrie & Brothers Tbk (FRA:LFU2) Headlines

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