PT Indosat Tbk (ISX:ISAT) Days Payable : 15.37 (As of Mar. 2024)

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What is PT Indosat Tbk Days Payable?

PT Indosat Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp945,522 Mil. PT Indosat Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp5,611,975 Mil. Hence, PT Indosat Tbk's Days Payable for the three months ended in Mar. 2024 was 15.37.

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

ISX:ISAT' s Days Payable Range Over the Past 10 Years
Min: 13.81 Med: 21.44 Max: 25.39
Current: 18.26

During the past 13 years, PT Indosat Tbk's highest Days Payable was 25.39. The lowest was 13.81. And the median was 21.44.

ISX:ISAT's Days Payable is ranked worse than
93.04% of 345 companies
in the Telecommunication Services industry
Industry Median: 104.28 vs ISX:ISAT: 18.26

PT Indosat Tbk's Days Payable declined from Mar. 2023 (18.28) to Mar. 2024 (15.37). It may suggest that PT Indosat Tbk accelerated paying its suppliers.

PT Indosat Tbk Days Payable Historical Data

The historical data trend for PT Indosat 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 Indosat Tbk Days Payable Chart

PT Indosat Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.85

18.97

22.03

15.80

13.81

PT Indosat 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															18.28	20.90	19.66	15.30	15.37

Competitive Comparison of PT Indosat Tbk's Days Payable

For the Telecom Services subindustry, PT Indosat 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 Indosat Tbk's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Indosat Tbk's Days Payable distribution charts can be found below:

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

PT Indosat 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 Indosat 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
=	( (849574	+	745799)	/	2 )	/	21084880	*	365
=	797686.5					/	21084880	*	365
=	13.81

PT Indosat 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
=	( (745799	+	1145244)	/	2 )	/	5611975	*	365 / 4
=	945521.5					/	5611975	*	365 / 4
=	15.37

PT Indosat Tbk Days Payable Related Terms

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PT Indosat Tbk (ISX:ISAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Indosat Tbk (ISX:ISAT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IDO1:Germany

Address

Jalan Medan Merdeka Barat No. 21, Gedung Indosat Ooredoo, Jakarta, IDN, 10110

Website

https://www.indosatooredoo.com

PT Indosat is the second- largest provider of international long-distance and wireless services in Indonesia. The company operates under three reportable segments: cellular, providing network coverage in all major cities across Indonesia; fixed telecommunications, which provides services such as international calls and fixed lines; and multimedia interactive, data and internet, which offers products such as fixed connectivity, IT service and fixed Internet. The cellular segment provides most of the company's revenue. The company has about 33 million cellular customers, equivalent to about a quarter of the market. Indosat's two largest shareholders are the Indonesian government and Qatar Telecom.