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PT ABM Investama Tbk (ISX:ABMM) Days Payable : 71.39 (As of Dec. 2023)


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What is PT ABM Investama Tbk Days Payable?

PT ABM Investama Tbk's average Accounts Payable for the three months ended in Dec. 2023 was Rp3,468,889 Mil. PT ABM Investama Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp4,433,963 Mil. Hence, PT ABM Investama Tbk's Days Payable for the three months ended in Dec. 2023 was 71.39.

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

ISX:ABMM' s Days Payable Range Over the Past 10 Years
Min: 67.44   Med: 85.07   Max: 135.98
Current: 77.57

During the past 13 years, PT ABM Investama Tbk's highest Days Payable was 135.98. The lowest was 67.44. And the median was 85.07.

ISX:ABMM's Days Payable is ranked better than
57.94% of 126 companies
in the Other Energy Sources industry
Industry Median: 66.375 vs ISX:ABMM: 77.57

PT ABM Investama Tbk's Days Payable increased from Dec. 2022 (67.18) to Dec. 2023 (71.39). It may suggest that PT ABM Investama Tbk delayed paying its suppliers.


PT ABM Investama Tbk Days Payable Historical Data

The historical data trend for PT ABM Investama 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.

* Premium members only.

PT ABM Investama Tbk Days Payable Chart

PT ABM Investama Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.48 74.89 67.44 67.68 80.65

PT ABM Investama 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.18 82.19 84.88 69.71 71.39

Competitive Comparison of PT ABM Investama Tbk's Days Payable

For the Thermal Coal subindustry, PT ABM Investama 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 ABM Investama Tbk's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT ABM Investama Tbk's Days Payable distribution charts can be found below:

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



PT ABM Investama 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 ABM Investama 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
=( (3562350.654 + 3938030.792) / 2 ) / 16972283.586*365
=3750190.723 / 16972283.586*365
=80.65

PT ABM Investama 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
=( (2999746.926 + 3938030.792) / 2 ) / 4433963.283*365 / 4
=3468888.859 / 4433963.283*365 / 4
=71.39

* 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.


PT ABM Investama Tbk Days Payable Related Terms

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PT ABM Investama Tbk (ISX:ABMM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cilandak KKO No. 1, Gedung TMT 1, Suite 1802, 18th Floor, Jakarta, IDN, 12560
PT ABM Investama Tbk is an integrated energy company. Its business portfolio covers the coal, electricity, logistics and services industries. The company is organized into three key business segments: Mining Contractor and Coal Mining segment, Services segment and Manufacturing segment. The Mining Contractor and Coal Mining segment contributes the vast majority of total revenue. The coal mining and mining contractor businesses are run by two subsidiaries, namely CK and Reswara through its subsidiaries, TIA and MDB (Mifa and BEL). Its Services segment consist of power engines rental service, integrated logistics and vessel rental, and site services and remanufacturing.

PT ABM Investama Tbk (ISX:ABMM) Headlines

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