PT Chandra Asri Pacific Tbk (ISX:TPIA) Days Payable : 77.71 (As of Dec. 2023)

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What is PT Chandra Asri Pacific Tbk Days Payable?

PT Chandra Asri Pacific Tbk's average Accounts Payable for the three months ended in Dec. 2023 was Rp6,310,110 Mil. PT Chandra Asri Pacific Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp7,409,250 Mil. Hence, PT Chandra Asri Pacific Tbk's Days Payable for the three months ended in Dec. 2023 was 77.71.

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

ISX:TPIA' s Days Payable Range Over the Past 10 Years
Min: 57.57 Med: 86.66 Max: 154
Current: 57.57

During the past 13 years, PT Chandra Asri Pacific Tbk's highest Days Payable was 154.00. The lowest was 57.57. And the median was 86.66.

ISX:TPIA's Days Payable is ranked worse than
53.22% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs ISX:TPIA: 57.57

PT Chandra Asri Pacific Tbk's Days Payable increased from Dec. 2022 (77.68) to Dec. 2023 (77.71). It may suggest that PT Chandra Asri Pacific Tbk delayed paying its suppliers.

PT Chandra Asri Pacific Tbk Days Payable Historical Data

The historical data trend for PT Chandra Asri Pacific 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 Chandra Asri Pacific Tbk Days Payable Chart

PT Chandra Asri Pacific Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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135.55

154.00

120.91

87.04

97.79

PT Chandra Asri Pacific 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															77.68	63.22	29.57	25.85	77.71

Competitive Comparison of PT Chandra Asri Pacific Tbk's Days Payable

For the Specialty Chemicals subindustry, PT Chandra Asri Pacific 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 Chandra Asri Pacific Tbk's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Chandra Asri Pacific Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Chandra Asri Pacific Tbk's Days Payable falls into.

PT Chandra Asri Pacific 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 Chandra Asri Pacific 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
=	( (6959289.713	+	10205896.001)	/	2 )	/	32036005.593	*	365
=	8582592.857					/	32036005.593	*	365
=	97.79

PT Chandra Asri Pacific 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
=	( (2414323.664	+	10205896.001)	/	2 )	/	7409249.904	*	365 / 4
=	6310109.8325					/	7409249.904	*	365 / 4
=	77.71

PT Chandra Asri Pacific Tbk Days Payable Related Terms

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PT Chandra Asri Pacific Tbk (ISX:TPIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PT Chandra Asri Pacific Tbk (ISX:TPIA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PTPIF:USA PTCAY:USA

Address

Jalan Let. Jend. S. Parman Kav. 62 - 63, Wisma Barito Pacific Tower A, 7th Floor, Jakarta, IDN, 11410

Website

https://www.chandra-asri.com

PT Chandra Asri Petrochemical Tbk produces petrochemicals. Its products are olefins, polyolefins, styrene monomer, butadiene, and its byproducts. The company operates through Olefin; Polyolefin; Styrene monomer; Butadiene; Methyl Tertiary Butyl Ether (MTBE) and Butene-1 and Tanks and jetty rental. It generates maximum revenue from the polyolefins segment. The Polyolefins segment comprises the manufacturing of polyethylene and polypropylene petrochemicals.