PT United Tractors Tbk (PT United Tractors Tbk) Days Payable : 107.01 (As of Mar. 2024)

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What is PT United Tractors Tbk Days Payable?

PT United Tractors Tbk's average Accounts Payable for the three months ended in Mar. 2024 was $1,843 Mil. PT United Tractors Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,571 Mil. Hence, PT United Tractors Tbk's Days Payable for the three months ended in Mar. 2024 was 107.01.

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

PUTKY' s Days Payable Range Over the Past 10 Years
Min: 75.66 Med: 121.58 Max: 153.68
Current: 119.08

During the past 13 years, PT United Tractors Tbk's highest Days Payable was 153.68. The lowest was 75.66. And the median was 121.58.

PUTKY's Days Payable is ranked worse than
52.62% of 1068 companies
in the Metals & Mining industry
Industry Median: 130.44 vs PUTKY: 119.08

PT United Tractors Tbk's Days Payable increased from Mar. 2023 (92.16) to Mar. 2024 (107.01). It may suggest that PT United Tractors Tbk delayed paying its suppliers.

PT United Tractors Tbk Days Payable Historical Data

The historical data trend for PT United Tractors 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 United Tractors Tbk Days Payable Chart

PT United Tractors Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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149.94

121.35

76.03

83.92

105.14

PT United Tractors 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															92.16	112.65	131.45	134.16	107.01

Competitive Comparison of PT United Tractors Tbk's Days Payable

For the Other Industrial Metals & Mining subindustry, PT United Tractors 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 United Tractors Tbk's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT United Tractors Tbk's Days Payable distribution charts can be found below:

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

PT United Tractors 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 United Tractors 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
=	( (1579.604	+	1888.335)	/	2 )	/	6019.527	*	365
=	1733.9695					/	6019.527	*	365
=	105.14

PT United Tractors 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
=	( (1888.335	+	1797.354)	/	2 )	/	1571.458	*	365 / 4
=	1842.8445					/	1571.458	*	365 / 4
=	107.01

PT United Tractors Tbk Days Payable Related Terms

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PT United Tractors Tbk (PT United Tractors Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT United Tractors Tbk (OTCPK:PUTKY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PUTKF:USA UNTR:Indonesia UTY:Germany

Address

Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910

Website

https://www.unitedtractors.com

PT United Tractors Tbk is one of the largest distributors of heavy equipment in Indonesia. It manufactures construction machinery and provides mining services to help customers tap natural resources. The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company operates contact centers to deliver spare parts, mechanics support, and repair machines for customers. United Tractors operates five business segments: construction machinery, mining contracting (a majority of total revenues), coal mining, gold mining, and construction industry. Mining services pertain to mine design, exploration, extracting, and hauling commodities. The majority of total sales are generated in Indonesia.

PT United Tractors Tbk (PT United Tractors Tbk) Headlines

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