PT Atlas Resources Tbk (ISX:ARII) Days Payable : 83.71 (As of Mar. 2024)

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What is PT Atlas Resources Tbk Days Payable?

PT Atlas Resources Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp719,233 Mil. PT Atlas Resources Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp784,027 Mil. Hence, PT Atlas Resources Tbk's Days Payable for the three months ended in Mar. 2024 was 83.71.

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

ISX:ARII' s Days Payable Range Over the Past 10 Years
Min: 42.78 Med: 216.27 Max: 378.35
Current: 58.7

During the past 13 years, PT Atlas Resources Tbk's highest Days Payable was 378.35. The lowest was 42.78. And the median was 216.27.

ISX:ARII's Days Payable is ranked worse than
56.35% of 126 companies
in the Other Energy Sources industry
Industry Median: 64.77 vs ISX:ARII: 58.70

PT Atlas Resources Tbk's Days Payable increased from Mar. 2023 (44.48) to Mar. 2024 (83.71). It may suggest that PT Atlas Resources Tbk delayed paying its suppliers.

PT Atlas Resources Tbk Days Payable Historical Data

The historical data trend for PT Atlas Resources 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 Atlas Resources Tbk Days Payable Chart

PT Atlas Resources Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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153.91

216.31

96.80

42.78

54.89

PT Atlas Resources Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															44.48	50.16	47.94	57.76	83.71

Competitive Comparison of PT Atlas Resources Tbk's Days Payable

For the Thermal Coal subindustry, PT Atlas Resources 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 Atlas Resources Tbk's Days Payable Distribution in the Other Energy Sources Industry

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

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

PT Atlas Resources 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 Atlas Resources 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
=	( (398293.5	+	782377.054)	/	2 )	/	3925821.325	*	365
=	590335.277					/	3925821.325	*	365
=	54.89

PT Atlas Resources Tbk's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (782377.054	+	656089.24)	/	2 )	/	784026.565	*	365 / 4
=	719233.147					/	784026.565	*	365 / 4
=	83.71

PT Atlas Resources Tbk Days Payable Related Terms

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PT Atlas Resources Tbk (ISX:ARII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Atlas Resources Tbk (ISX:ARII) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav. 45 - 46, Sampoerna Strategic Square, South Tower, 18th Floor, South Jakarta, Jakarta, IDN, 12930

Website

https://www.atlas-coal.co.id

PT Atlas Resources Tbk is an Indonesia-based company engaged in the production of coal. The business activity of the firm primarily functions through the sales of coal segment. Its activities include coal mining, trading, and transportation; and other activities related to coal mining operations such as rental of equipment and vehicles. Geographically the group has its presence in the region of Japan, China, Korea, Thailand, Europe, India, and Indonesia. The company generates maximum revenue from the coal segment.