PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) Days Payable: 938.19 (As of Sep. 2019) — 649% Above Median


What is PT Arpeni Pratama Ocean Line Tbk Days Payable?

PT Arpeni Pratama Ocean Line Tbk FRA:A5DA Days Payable is 938.19 as of Sep. 2019, which is 649% above its 10-year median of 125.28. The stock has 5 warning signs investors should review.

PT Arpeni Pratama Ocean Line Tbk's average Accounts Payable for the three months ended in Sep. 2019 was €56.74 Mil. PT Arpeni Pratama Ocean Line Tbk's Cost of Goods Sold for the three months ended in Sep. 2019 was €5.52 Mil. Hence, PT Arpeni Pratama Ocean Line Tbk's Days Payable for the three months ended in Sep. 2019 was 938.19.

The historical rank and industry rank for PT Arpeni Pratama Ocean Line Tbk's Days Payable or its related term are showing as below:

FRA:A5DA' s Days Payable Range Over the Past 10 Years
Min: 42.08   Med: 125.28   Max: 320.46
Current: 683.7

During the past 12 years, PT Arpeni Pratama Ocean Line Tbk's highest Days Payable was 320.46. The lowest was 42.08. And the median was 125.28.

FRA:A5DA's Days Payable is not ranked
in the Transportation industry.
Industry Median: 39.01 vs FRA:A5DA: 683.70

PT Arpeni Pratama Ocean Line Tbk's Days Payable increased from Sep. 2018 (239.32) to Sep. 2019 (938.19). It may suggest that PT Arpeni Pratama Ocean Line Tbk delayed paying its suppliers.

PT Arpeni Pratama Ocean Line Tbk Days Payable Related Terms

PT Arpeni Pratama Ocean Line Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Arpeni Pratama Ocean Line 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 Arpeni Pratama Ocean Line Tbk Days Payable Chart

PT Arpeni Pratama Ocean Line Tbk Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 209.16 287.38 404.44 329.81 192.30

PT Arpeni Pratama Ocean Line Tbk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 Premium Member Only 239.32 116.24 477.73 765.46 938.19

PT Arpeni Pratama Ocean Line Tbk Days Payable Competitor Comparison

For the Marine Shipping subindustry, PT Arpeni Pratama Ocean Line 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 Arpeni Pratama Ocean Line Tbk Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, PT Arpeni Pratama Ocean Line Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Arpeni Pratama Ocean Line Tbk's Days Payable falls into.


PT Arpeni Pratama Ocean Line 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 Arpeni Pratama Ocean Line Tbk's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (19.138 + 14.581) / 2 ) / 32.001*365
=16.8595 / 32.001*365
=192.30

PT Arpeni Pratama Ocean Line Tbk's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (57.336 + 56.151) / 2 ) / 5.519*365 / 4
=56.7435 / 5.519*365 / 4
=938.19

* 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 938.19 mean?
PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) has a Days Payable of 938.19 as of Sep. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Arpeni Pratama Ocean Line Tbk and its competitors. This is 649% above median its historical median of 125.28. Over the past decade, PT Arpeni Pratama Ocean Line Tbk's Days Payable has ranged from 42.08 to 320.46.
Is PT Arpeni Pratama Ocean Line Tbk's Days Payable too high?
PT Arpeni Pratama Ocean Line Tbk's current Days Payable of 938.19 is 649% above median its 10-year median of 125.28. Over the past 10 years, this metric has ranged from a low of 42.08 to a high of 320.46. The Transportation industry median Days Payable is 39.01. PT Arpeni Pratama Ocean Line Tbk's value of 938.19 is 2305% above this industry median.
How does PT Arpeni Pratama Ocean Line Tbk's Days Payable compare to competitors?
PT Arpeni Pratama Ocean Line Tbk's Days Payable of 938.19 can be compared against companies in the Transportation industry. The industry median Days Payable is 39.01. PT Arpeni Pratama Ocean Line Tbk's value of 938.19 is 2305% above this benchmark. Historically, PT Arpeni Pratama Ocean Line Tbk's own Days Payable has ranged from 42.08 to 320.46 over the past decade. While the company's 10-year median is 125.28 vs. the industry median of 39.01, PT Arpeni Pratama Ocean Line Tbk has consistently been above 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 a Transportation company?
The median Days Payable among Transportation companies is 39.01, based on 964 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 Arpeni Pratama Ocean Line Tbk's current Days Payable of 938.19 is 2305% above 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 Arpeni Pratama Ocean Line Tbk and its competitors. For the Transportation industry, the median Days Payable is 39.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Arpeni Pratama Ocean Line Tbk's current Days Payable is 938.19, which is 649% above median its own 10-year median of 125.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Arpeni Pratama Ocean Line Tbk stock overvalued right now?
PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) has a current Days Payable of 938.19. The current Days Payable is 938.19, which is 649% above median its 10-year median of 125.28 and 2305% above the Transportation industry median of 39.01. 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 Arpeni Pratama Ocean Line Tbk (FRA:A5DA), the current Days Payable is 938.19 as of Sep. 2019. 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 Arpeni Pratama Ocean Line Tbk Business Description

Address Jl. Abdul Muis Number 50, Gedung 50 Abdul Muis, Jakarta, IDN, 10160
PT Arpeni Pratama Ocean Line Tbk is Indonesian shipping company. The company is engaged in the domestic and international transportation of cargo by vessels, sale, and purchase of vessels. It uses its vessels for the transport of coal, iron ore, wheat, soybeans, and grains to various countries. In addition, the company also owns and operates the dry bulk fleet, including panamax bulk carriers, tugboats, barges, and floating cranes. The company operates through three segments namely, Shipping Services which also contributes a major part of revenue, Agency Services, and Non-Asset Based Busines. Most of its revenue is earned through the Indonesian market.