PT Adira Dinamika Multi Finance Tbk (ISX:ADMF) Days Payable : 13.57 (As of Mar. 2024)

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What is PT Adira Dinamika Multi Finance Tbk Days Payable?

PT Adira Dinamika Multi Finance Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp115,844 Mil. PT Adira Dinamika Multi Finance Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp778,976 Mil. Hence, PT Adira Dinamika Multi Finance Tbk's Days Payable for the three months ended in Mar. 2024 was 13.57.

The historical rank and industry rank for PT Adira Dinamika Multi Finance Tbk's Days Payable or its related term are showing as below:

ISX:ADMF' s Days Payable Range Over the Past 10 Years
Min: 10.68 Med: 17.43 Max: 22.14
Current: 11.5

During the past 13 years, PT Adira Dinamika Multi Finance Tbk's highest Days Payable was 22.14. The lowest was 10.68. And the median was 17.43.

ISX:ADMF's Days Payable is ranked worse than
80.99% of 284 companies
in the Credit Services industry
Industry Median: 48.93 vs ISX:ADMF: 11.50

PT Adira Dinamika Multi Finance Tbk's Days Payable increased from Mar. 2023 (10.08) to Mar. 2024 (13.57). It may suggest that PT Adira Dinamika Multi Finance Tbk delayed paying its suppliers.

PT Adira Dinamika Multi Finance Tbk Days Payable Historical Data

The historical data trend for PT Adira Dinamika Multi Finance 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 Adira Dinamika Multi Finance Tbk Days Payable Chart

PT Adira Dinamika Multi Finance Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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19.37

22.14

14.48

12.66

10.68

PT Adira Dinamika Multi Finance 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															10.08	10.24	11.02	10.87	13.57

Competitive Comparison of PT Adira Dinamika Multi Finance Tbk's Days Payable

For the Credit Services subindustry, PT Adira Dinamika Multi Finance 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 Adira Dinamika Multi Finance Tbk's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PT Adira Dinamika Multi Finance Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Adira Dinamika Multi Finance Tbk's Days Payable falls into.

PT Adira Dinamika Multi Finance 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 Adira Dinamika Multi Finance 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
=	( (80040	+	109622)	/	2 )	/	3242382	*	365
=	94831					/	3242382	*	365
=	10.68

PT Adira Dinamika Multi Finance 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
=	( (109622	+	122065)	/	2 )	/	778976	*	365 / 4
=	115843.5					/	778976	*	365 / 4
=	13.57

PT Adira Dinamika Multi Finance Tbk Days Payable Related Terms

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PT Adira Dinamika Multi Finance Tbk (ISX:ADMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PT Adira Dinamika Multi Finance Tbk (ISX:ADMF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Jl. Jend. Sudirman Kav. 25, 53rd - 61st Floor, Millenium Centennial Center, Karet Setiabudi, Jakarta Selatan, IDN, 12920

Website

https://www.adira.co.id

PT Adira Dinamika Multi Finance Tbk is an Indonesian finance company. The revenue for the company is derived from consumer financing for used or new cars or motorcycles, electronic goods, furniture, and others. Besides conventional consumer financing, the company also offers Islamic consumer financing, finance leasing, and operating leasing for automobiles. The company's geographical business segment into areas consisting of Jabodetabekser, West Java, Central Java, East Java, Sumatera, Kalimantan, Sulawesi, Bali & Nusa Tenggara.

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