PT Multipolar Technology Tbk (ISX:MLPT) Days Payable : 60.49 (As of Dec. 2023)

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What is PT Multipolar Technology Tbk Days Payable?

PT Multipolar Technology Tbk's average Accounts Payable for the three months ended in Dec. 2023 was Rp511,702 Mil. PT Multipolar Technology Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp771,874 Mil. Hence, PT Multipolar Technology Tbk's Days Payable for the three months ended in Dec. 2023 was 60.49.

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

ISX:MLPT' s Days Payable Range Over the Past 10 Years
Min: 32.4 Med: 45.98 Max: 67.78
Current: 57.41

During the past 12 years, PT Multipolar Technology Tbk's highest Days Payable was 67.78. The lowest was 32.40. And the median was 45.98.

ISX:MLPT's Days Payable is ranked better than
53.07% of 2525 companies
in the Software industry
Industry Median: 50.65 vs ISX:MLPT: 57.41

PT Multipolar Technology Tbk's Days Payable increased from Dec. 2022 (43.68) to Dec. 2023 (60.49). It may suggest that PT Multipolar Technology Tbk delayed paying its suppliers.

PT Multipolar Technology Tbk Days Payable Historical Data

The historical data trend for PT Multipolar Technology 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 Multipolar Technology Tbk Days Payable Chart

PT Multipolar Technology Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.73

32.40

47.31

48.25

57.76

PT Multipolar Technology Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															43.68	65.24	43.43	64.46	60.49

Competitive Comparison of PT Multipolar Technology Tbk's Days Payable

For the Information Technology Services subindustry, PT Multipolar Technology 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 Multipolar Technology Tbk's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, PT Multipolar Technology Tbk's Days Payable distribution charts can be found below:

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

PT Multipolar Technology 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 Multipolar Technology 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
=	( (374921	+	497213)	/	2 )	/	2755853	*	365
=	436067					/	2755853	*	365
=	57.76

PT Multipolar Technology Tbk's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (526190	+	497213)	/	2 )	/	771874	*	365 / 4
=	511701.5					/	771874	*	365 / 4
=	60.49

PT Multipolar Technology Tbk Days Payable Related Terms

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PT Multipolar Technology Tbk (ISX:MLPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PT Multipolar Technology Tbk (ISX:MLPT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Mega Kuningan Barat III, Lot 10. 1–6, Tower B, 18th Floor, Kawasan Mega Kuningan, Jakarta, IDN, 12950

Website

https://www.multipolar.com

PT Multipolar Technology Tbk is an Indonesia-based company engaged in consultation, integration, and information technology management. Its business activities include Strategy & Planning, Customer Experience Platforms & Services, Digital Insights, Business Solution Platforms & Services, Hybrid Integration Platforms & Services, Hybrid Infrastructure Platforms & Services, and Security Platforms & Services. The revenue is generated from Hardware & Supporting Devices, followed by IT Outsourcing and Technology Services.

PT Multipolar Technology Tbk (ISX:MLPT) Headlines

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