PT Berau Coal Energy Tbk (FRA:9BC) Days Payable: 28.68 (As of Dec. 2022) — 15% Below Median


What is PT Berau Coal Energy Tbk Days Payable?

PT Berau Coal Energy Tbk FRA:9BC Days Payable is 28.68 as of Dec. 2022, which is 15% below its 10-year median of 33.89. The stock has 3 warning signs investors should review.

PT Berau Coal Energy Tbk's average Accounts Payable for the six months ended in Dec. 2022 was €180.05 Mil. PT Berau Coal Energy Tbk's Cost of Goods Sold for the six months ended in Dec. 2022 was €2,291.39 Mil. Hence, PT Berau Coal Energy Tbk's Days Payable for the six months ended in Dec. 2022 was 14.34.

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

FRA:9BC' s Days Payable Range Over the Past 10 Years
Min: 18.32   Med: 33.89   Max: 68.2
Current: 28.68

During the past 12 years, PT Berau Coal Energy Tbk's highest Days Payable was 68.20. The lowest was 18.32. And the median was 33.89.

FRA:9BC's Days Payable is not ranked
in the Other Energy Sources industry.
Industry Median: 66.315 vs FRA:9BC: 28.68

PT Berau Coal Energy Tbk's Days Payable declined from Dec. 2020 (68.20) to Dec. 2022 (28.68). It may suggest that PT Berau Coal Energy Tbk accelerated paying its suppliers.


PT Berau Coal Energy Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Berau Coal Energy 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 Berau Coal Energy Tbk Days Payable Chart

PT Berau Coal Energy Tbk Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.02 35.81 68.20 46.48 28.68

PT Berau Coal Energy Tbk Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.02 35.81 68.20 46.48 28.68

FRA:9BC vs METC, HNRG: Days Payable Comparison

For the Thermal Coal subindustry, PT Berau Coal Energy 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 Berau Coal Energy Tbk Days Payable vs Other Energy Sources Industry

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

* The bar in red indicates where PT Berau Coal Energy Tbk's Days Payable falls into.



PT Berau Coal Energy 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 Berau Coal Energy Tbk's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (177.078 + 183.025) / 2 ) / 2291.392*365
=180.0515 / 2291.392*365
=28.68

PT Berau Coal Energy Tbk's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (177.078 + 183.025) / 2 ) / 2291.392*365 / 2
=180.0515 / 2291.392*365 / 2
=14.34

* 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 28.68 mean?
PT Berau Coal Energy Tbk (FRA:9BC) has a Days Payable of 28.68 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Berau Coal Energy Tbk and its competitors. This is 15% below median its historical median of 33.89. Over the past decade, PT Berau Coal Energy Tbk's Days Payable has ranged from 18.32 to 68.20.
Is PT Berau Coal Energy Tbk's Days Payable too high?
PT Berau Coal Energy Tbk's current Days Payable of 28.68 is 15% below median its 10-year median of 33.89. Over the past 10 years, this metric has ranged from a low of 18.32 to a high of 68.20. The Other Energy Sources industry median Days Payable is 66.32. PT Berau Coal Energy Tbk's value of 28.68 is 56.8% below this industry median.
How does PT Berau Coal Energy Tbk's Days Payable compare to METC and HNRG?
PT Berau Coal Energy Tbk's Days Payable of 28.68 can be compared against companies in the Other Energy Sources industry. The industry median Days Payable is 66.32. PT Berau Coal Energy Tbk's value of 28.68 is 56.8% below this benchmark. Historically, PT Berau Coal Energy Tbk's own Days Payable has ranged from 18.32 to 68.20 over the past decade. While the company's 10-year median is 33.89 vs. the industry median of 66.32, PT Berau Coal Energy Tbk has consistently been below the industry average. 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 an Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 66.32, based on 128 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 Berau Coal Energy Tbk's current Days Payable of 28.68 is 56.8% 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 Berau Coal Energy Tbk and its competitors. For the Other Energy Sources industry, the median Days Payable is 66.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Berau Coal Energy Tbk's current Days Payable is 28.68, which is 15% below median its own 10-year median of 33.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Berau Coal Energy Tbk stock overvalued right now?
PT Berau Coal Energy Tbk (FRA:9BC) has a current Days Payable of 28.68. The current Days Payable is 28.68, which is 15% below median its 10-year median of 33.89 and 56.8% below the Other Energy Sources industry median of 66.32. 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 Berau Coal Energy Tbk (FRA:9BC), the current Days Payable is 28.68 as of Dec. 2022. 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 Berau Coal Energy Tbk Business Description

Address Jalan Jenderal Sudirman Kav 21, 10th Floor, Sinarmas MSIG Tower, Kelurahan Karet, Kecamatan Setiabudi, South Jakarta, Jakarta, IDN, 12920
PT Berau Coal Energy Tbk functions as a holding company. It is mainly involved in trading, mining, plantation, construction, real estate, agriculture, printing, industry, transportation, and services. The company, through its subsidiary, engaged in coal mining. It has an interest in three open cut mining operations; Lati, Binungan, and Sambarata. The firm supplies coal to customers in Indonesia, China, Hong Kong, India, Japan, South Korea, Taiwan, the Philippines, and Thailand. Its customers are mainly utility companies and coal trading companies.