BHBSY (PT Berkah Betondaya Tbk) Days Payable: 44.04 (As of Sep. 2024)

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BHBSY PT Berkah Beton Sadaya Tbk BHBSY
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What is PT Berkah Betondaya Tbk Days Payable?

PT Berkah Betondaya Tbk BHBSY 4 Days Payable is 44.04 as of Sep. 2024. GuruFocus rates BHBSY with a GF Score™ of 4/100.

PT Berkah Betondaya Tbk's average Accounts Payable for the three months ended in Sep. 2024 was $0.32 Mil. PT Berkah Betondaya Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.66 Mil. Hence, PT Berkah Betondaya Tbk's Days Payable for the three months ended in Sep. 2024 was 44.04.

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

BHBSY's Days Payable is not ranked *
in the Building Materials industry.
Industry Median: 69.78
* Ranked among companies with meaningful Days Payable only.

PT Berkah Betondaya Tbk's Days Payable declined from Sep. 2023 (54.86) to Sep. 2024 (44.04). It may suggest that PT Berkah Betondaya Tbk accelerated paying its suppliers.

PT Berkah Betondaya Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Berkah Betondaya 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.

PT Berkah Betondaya Tbk Days Payable Chart

PT Berkah Betondaya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
36.04 8.42 5.58 7.04

PT Berkah Betondaya Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 54.86 7.25 20.21 38.70 44.04

BHBSY vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, PT Berkah Betondaya 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 Berkah Betondaya Tbk Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Berkah Betondaya Tbk's Days Payable distribution charts can be found below:

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


BHBSY
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PT Berkah Beton Sadaya Tbk BHBSY
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PT Berkah Betondaya 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 Berkah Betondaya 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
=( (0.466 + 0.35) / 2 ) / 21.144*365
=0.408 / 21.144*365
=7.04

PT Berkah Betondaya Tbk's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.319 + 0.32) / 2 ) / 0.662*365 / 4
=0.3195 / 0.662*365 / 4
=44.04

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 44.04 mean?
PT Berkah Betondaya Tbk (BHBSY) has a Days Payable of 44.04 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Berkah Betondaya Tbk and its competitors.
Is PT Berkah Betondaya Tbk's Days Payable too high?
PT Berkah Betondaya Tbk's current Days Payable is 44.04. The Building Materials industry median Days Payable is 69.78. PT Berkah Betondaya Tbk's value of 44.04 is 36.9% below this industry median. Overall, PT Berkah Betondaya Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Berkah Betondaya Tbk's Days Payable compare to CRH and VMC?
PT Berkah Betondaya Tbk's Days Payable of 44.04 can be compared against companies in the Building Materials industry. The industry median Days Payable is 69.78. PT Berkah Betondaya Tbk's value of 44.04 is 36.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Building Materials company?
The median Days Payable among Building Materials companies is 69.78, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Berkah Betondaya Tbk's current Days Payable of 44.04 is 36.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Berkah Betondaya Tbk and its competitors. For the Building Materials industry, the median Days Payable is 69.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Berkah Betondaya Tbk's current Days Payable is 44.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Berkah Betondaya Tbk stock overvalued right now?
PT Berkah Betondaya Tbk (BHBSY) has a current Days Payable of 44.04. The current Days Payable is 44.04 and 36.9% below the Building Materials industry median of 69.78. PT Berkah Betondaya Tbk's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For PT Berkah Betondaya Tbk (BHBSY), the current Days Payable is 44.04 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Berkah Betondaya Tbk Business Description

Address Jl Raya Sembung Pagaden KM 9,5 Gunungsari, Pagaden, Subang, Jawa Barat, IDN, 41251
PT Berkah Beton Sadaya Tbk is an integrated material & solutions provider for the industrial, infrastructure, and construction industries. It produces and provides building materials & solutions such as Readymix concrete and Precast concrete. Geographically, business activities are carried out in Indonesia.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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