PT Indofood CBP Sukses Makmur Tbk (ISX:ICBP) Days Payable

: 31.59 (As of Dec. 2023)

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PT Indofood CBP Sukses Makmur Tbk's average Accounts Payable for the three months ended in Dec. 2023 was Rp3,490,010 Mil. PT Indofood CBP Sukses Makmur Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp10,081,666 Mil. Hence, PT Indofood CBP Sukses Makmur Tbk's Days Payable for the three months ended in Dec. 2023 was 31.59.

The historical rank and industry rank for PT Indofood CBP Sukses Makmur Tbk's Days Payable or its related term are showing as below:

ISX:ICBP' s Days Payable Range Over the Past 10 Years
Min: 30.93 Med: 36.62 Max: 41.61
Current: 31.84

During the past 13 years, PT Indofood CBP Sukses Makmur Tbk's highest Days Payable was 41.61. The lowest was 30.93. And the median was 36.62.

ISX:ICBP's Days Payable is ranked worse than
68.72% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.81 vs ISX:ICBP: 31.84

PT Indofood CBP Sukses Makmur Tbk's Days Payable declined from Dec. 2022 (35.79) to Dec. 2023 (31.59). It may suggest that PT Indofood CBP Sukses Makmur Tbk accelerated paying its suppliers.

PT Indofood CBP Sukses Makmur Tbk Days Payable Historical Data

The historical data trend for PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

36.59

35.24

33.14

30.93

31.89

PT Indofood CBP Sukses Makmur 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																35.79	28.73	37.27	30.61	31.59

Competitive Comparison

For the Packaged Foods subindustry, PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood CBP Sukses Makmur Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Indofood CBP Sukses Makmur Tbk's Days Payable falls into.

PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur 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
=	( (3702979	+	3773969)	/	2 )	/	42783641	*	365
=	3738474					/	42783641	*	365
=	31.89

PT Indofood CBP Sukses Makmur 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
=	( (3206051	+	3773969)	/	2 )	/	10081666	*	365 / 4
=	3490010					/	10081666	*	365 / 4
=	31.59

PT Indofood CBP Sukses Makmur Tbk Days Payable Related Terms

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PT Indofood CBP Sukses Makmur Tbk (ISX:ICBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Indofood CBP Sukses Makmur Tbk (ISX:ICBP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PIFFY:USA 48I:Germany 48I:Germany

Address

Jalan. Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 23rd Floor, Jakarta, IDN, 12910

Website

https://www.indofoodcbp.com

PT Indofood CBP Sukses Makmur Tbk is a consumer products company. The company has more than 40 product brands in diverse business segments: such as noodles, dairy, food seasoning, snack foods, nutrition, and special foods and beverages. The company also produces packaging to support its main businesses. Its main market is Indonesia; additionally, its products are present in more than 60 countries globally. The noodles division offers halal-certified noodles, sauces, and instant seasoning; its main brands are Indomie, Supermi, Sarimi, and Sakura.

PT Indofood CBP Sukses Makmur Tbk (ISX:ICBP) Headlines

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