PT Lippo Cikarang Tbk (ISX:LPCK) Days Payable : 14.72 (As of Mar. 2024)

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What is PT Lippo Cikarang Tbk Days Payable?

PT Lippo Cikarang Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp43,044 Mil. PT Lippo Cikarang Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp266,813 Mil. Hence, PT Lippo Cikarang Tbk's Days Payable for the three months ended in Mar. 2024 was 14.72.

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

ISX:LPCK' s Days Payable Range Over the Past 10 Years
Min: 23.59 Med: 33.68 Max: 91.01
Current: 30.82

During the past 13 years, PT Lippo Cikarang Tbk's highest Days Payable was 91.01. The lowest was 23.59. And the median was 33.68.

ISX:LPCK's Days Payable is ranked worse than
80.6% of 1577 companies
in the Real Estate industry
Industry Median: 97.02 vs ISX:LPCK: 30.82

PT Lippo Cikarang Tbk's Days Payable declined from Mar. 2023 (61.77) to Mar. 2024 (14.72). It may suggest that PT Lippo Cikarang Tbk accelerated paying its suppliers.

PT Lippo Cikarang Tbk Days Payable Historical Data

The historical data trend for PT Lippo Cikarang 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 Lippo Cikarang Tbk Days Payable Chart

PT Lippo Cikarang Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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69.59

31.86

32.87

56.90

34.49

PT Lippo Cikarang 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															61.77	21.77	78.34	53.43	14.72

Competitive Comparison of PT Lippo Cikarang Tbk's Days Payable

For the Real Estate - Development subindustry, PT Lippo Cikarang 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 Lippo Cikarang Tbk's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Lippo Cikarang Tbk's Days Payable distribution charts can be found below:

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

PT Lippo Cikarang 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 Lippo Cikarang 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
=	( (62146	+	41548)	/	2 )	/	548621	*	365
=	51847					/	548621	*	365
=	34.49

PT Lippo Cikarang 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
=	( (41548	+	44539)	/	2 )	/	266813	*	365 / 4
=	43043.5					/	266813	*	365 / 4
=	14.72

PT Lippo Cikarang Tbk Days Payable Related Terms

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PT Lippo Cikarang Tbk (ISX:LPCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Lippo Cikarang Tbk (ISX:LPCK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Gunung Panderman Kavling 05, Easton Commercial Centre, Lippo Cikarang, Bekasi, IDN, 17550

Website

https://www.lippo-cikarang.com

PT Lippo Cikarang Tbk is a real estate company. The company is engaged in the development of real estate and industrial estate, development of infrastructure and public facilities, and providing support services. The company's segments include Residential, Industrial, Commercial, and Town management. The company offers a variety of commercial areas, ranging from ready-to-build business areas to shophouses and shopping centers and constantly paying attention to opportunities and creating diversity to facilitate stakeholder interests.

PT Lippo Cikarang Tbk (ISX:LPCK) Headlines

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