PT ICTSI Jasa Prima Tbk (ISX:KARW) Days Payable : 18.56 (As of Mar. 2024)

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What is PT ICTSI Jasa Prima Tbk Days Payable?

PT ICTSI Jasa Prima Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp2,906 Mil. PT ICTSI Jasa Prima Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp14,291 Mil. Hence, PT ICTSI Jasa Prima Tbk's Days Payable for the three months ended in Mar. 2024 was 18.56.

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

ISX:KARW' s Days Payable Range Over the Past 10 Years
Min: 10.9 Med: 19.94 Max: 53.57
Current: 21.08

During the past 13 years, PT ICTSI Jasa Prima Tbk's highest Days Payable was 53.57. The lowest was 10.90. And the median was 19.94.

ISX:KARW's Days Payable is ranked worse than
79.57% of 935 companies
in the Transportation industry
Industry Median: 38.78 vs ISX:KARW: 21.08

PT ICTSI Jasa Prima Tbk's Days Payable declined from Mar. 2023 (31.69) to Mar. 2024 (18.56). It may suggest that PT ICTSI Jasa Prima Tbk accelerated paying its suppliers.

PT ICTSI Jasa Prima Tbk Days Payable Historical Data

The historical data trend for PT ICTSI Jasa Prima 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 ICTSI Jasa Prima Tbk Days Payable Chart

PT ICTSI Jasa Prima Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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19.95

10.90

15.10

22.84

22.46

PT ICTSI Jasa Prima 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															31.69	23.75	19.52	19.24	18.56

Competitive Comparison of PT ICTSI Jasa Prima Tbk's Days Payable

For the Marine Shipping subindustry, PT ICTSI Jasa Prima 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 ICTSI Jasa Prima Tbk's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT ICTSI Jasa Prima Tbk's Days Payable distribution charts can be found below:

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

PT ICTSI Jasa Prima 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 ICTSI Jasa Prima 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
=	( (5301.351	+	2574.471)	/	2 )	/	63991.787	*	365
=	3937.911					/	63991.787	*	365
=	22.46

PT ICTSI Jasa Prima 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
=	( (2574.471	+	3237.359)	/	2 )	/	14290.626	*	365 / 4
=	2905.915					/	14290.626	*	365 / 4
=	18.56

PT ICTSI Jasa Prima Tbk Days Payable Related Terms

Thank you for viewing the detailed overview of PT ICTSI Jasa Prima Tbk's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

PT ICTSI Jasa Prima Tbk (ISX:KARW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT ICTSI Jasa Prima Tbk (ISX:KARW) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Jalan Yos Sudarso Number 88, Suite 701, 7th Floor, Graha Kirana Building, Jakarta Utara, Jakarta, IDN, 14350

Website

http://www.ijp.co.id

PT ICTSI Jasa Prima Tbk is engaged in an operating container terminal. The services provided by the company include maintenance, upkeep, operation and utilization of maritime facilities. It also offers infrastructure facilities such as concession of berth and terminal, container yard. The company is also involved in the operation of machinery and technical, mechanical, electronic equipment, special scales, computer software and hardware related to facilities and infrastructure of maritime logistics and stevedoring services. The other business activities of the company include facilities and infrastructures development for maritime logistics, trading of various goods related to maritime logistics facilities and infrastructure, freight forwarding and warehousing.

PT ICTSI Jasa Prima Tbk (ISX:KARW) Headlines

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