PT Media Nusantara Citra Tbk (PT Media Nusantara Citra Tbk) Days Payable : 6.09 (As of Dec. 2023)

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What is PT Media Nusantara Citra Tbk Days Payable?

PT Media Nusantara Citra Tbk's average Accounts Payable for the three months ended in Dec. 2023 was $4.2 Mil. PT Media Nusantara Citra Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $63.5 Mil. Hence, PT Media Nusantara Citra Tbk's Days Payable for the three months ended in Dec. 2023 was 6.09.

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

PTMEY' s Days Payable Range Over the Past 10 Years
Min: 5.33 Med: 42.86 Max: 67.09
Current: 5.76

During the past 13 years, PT Media Nusantara Citra Tbk's highest Days Payable was 67.09. The lowest was 5.33. And the median was 42.86.

PTMEY's Days Payable is ranked worse than
97.08% of 926 companies
in the Media - Diversified industry
Industry Median: 82.14 vs PTMEY: 5.76

PT Media Nusantara Citra Tbk's Days Payable declined from Dec. 2022 (7.21) to Dec. 2023 (6.09). It may suggest that PT Media Nusantara Citra Tbk accelerated paying its suppliers.

PT Media Nusantara Citra Tbk Days Payable Historical Data

The historical data trend for PT Media Nusantara Citra 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 Media Nusantara Citra Tbk Days Payable Chart

PT Media Nusantara Citra Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.35

19.90

8.40

6.32

5.27

PT Media Nusantara Citra 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															7.21	5.76	4.83	7.21	6.09

Competitive Comparison of PT Media Nusantara Citra Tbk's Days Payable

For the Advertising Agencies subindustry, PT Media Nusantara Citra 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 Media Nusantara Citra Tbk's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Media Nusantara Citra Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Media Nusantara Citra Tbk's Days Payable falls into.

PT Media Nusantara Citra 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 Media Nusantara Citra 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
=	( (3.958	+	3.855)	/	2 )	/	270.484	*	365
=	3.9065					/	270.484	*	365
=	5.27

PT Media Nusantara Citra 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
=	( (4.625	+	3.855)	/	2 )	/	63.517	*	365 / 4
=	4.24					/	63.517	*	365 / 4
=	6.09

PT Media Nusantara Citra Tbk Days Payable Related Terms

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PT Media Nusantara Citra Tbk (PT Media Nusantara Citra Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT Media Nusantara Citra Tbk (OTCPK:PTMEY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MNCN:Indonesia 5M2:Germany

Address

Jalan Kebon Sirih Kav. 17 - 19, MNC Tower, 26th Floor, Central Jakarta, Jakarta, IDN, 10340

Website

https://www.mnc.co.id

PT Media Nusantara Citra Tbk is a diversified media company. The business is divided into three segments, which include Advertisement; Content; and Others. The Advertising segment provides digital and non-digital advertisement. The firm offers pay video service (live streaming, VOD, original productions, and other creative content), news aggregator, audio aggregator, television stations, radio interests, print media, production business, online content, and advertising. The company generates the vast majority of its revenue in Indonesia.

PT Media Nusantara Citra Tbk (PT Media Nusantara Citra Tbk) Headlines

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