PT Summarecon Agung Tbk (ISX:SMRA) Days Payable : 7.83 (As of Mar. 2024)

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What is PT Summarecon Agung Tbk Days Payable?

PT Summarecon Agung Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp88,643 Mil. PT Summarecon Agung Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,033,699 Mil. Hence, PT Summarecon Agung Tbk's Days Payable for the three months ended in Mar. 2024 was 7.83.

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

ISX:SMRA' s Days Payable Range Over the Past 10 Years
Min: 7.84 Med: 9.55 Max: 11.12
Current: 7.94

During the past 13 years, PT Summarecon Agung Tbk's highest Days Payable was 11.12. The lowest was 7.84. And the median was 9.55.

ISX:SMRA's Days Payable is ranked worse than
94.85% of 1574 companies
in the Real Estate industry
Industry Median: 96.755 vs ISX:SMRA: 7.94

PT Summarecon Agung Tbk's Days Payable declined from Mar. 2023 (10.45) to Mar. 2024 (7.83). It may suggest that PT Summarecon Agung Tbk accelerated paying its suppliers.

PT Summarecon Agung Tbk Days Payable Historical Data

The historical data trend for PT Summarecon Agung 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 Summarecon Agung Tbk Days Payable Chart

PT Summarecon Agung Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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9.61

11.12

9.30

10.62

9.89

PT Summarecon Agung 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															10.45	9.25	5.65	9.73	7.83

Competitive Comparison of PT Summarecon Agung Tbk's Days Payable

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

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

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

PT Summarecon Agung 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 Summarecon Agung 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
=	( (87415.278	+	91416.182)	/	2 )	/	3299254.706	*	365
=	89415.73					/	3299254.706	*	365
=	9.89

PT Summarecon Agung 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
=	( (91416.182	+	85870.744)	/	2 )	/	1033699.394	*	365 / 4
=	88643.463					/	1033699.394	*	365 / 4
=	7.83

PT Summarecon Agung Tbk Days Payable Related Terms

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PT Summarecon Agung Tbk (ISX:SMRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Summarecon Agung Tbk (ISX:SMRA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Perintis Kemerdekaan No. 42, Pulo Gadung, Jakarta Timur, Jakarta, IDN, 13210

Website

https://www.summarecon.com

PT Summarecon Agung Tbk is a real estate developer in Indonesia that specializes in townships that include residential and commercial developments and leisure and hospitality businesses. Summarecon Agung's property development segment, which generates most of the company's revenue, develops and then sells properties such as residential houses, apartment buildings, and shopping lots. The company's investment property segment develops properties, including shopping malls, offices, apartments, and commercial spaces, that it retains and leases. The leisure and hospitality segment owns and generates revenue from hotels, golf courses, and sport and fitness clubs.

PT Summarecon Agung Tbk (ISX:SMRA) Headlines

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