PT Arkha Jayanti Persada Tbk (ISX:ARKA) Days Payable : 410.72 (As of Mar. 2024)

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What is PT Arkha Jayanti Persada Tbk Days Payable?

PT Arkha Jayanti Persada Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp49,961 Mil. PT Arkha Jayanti Persada Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp11,100 Mil. Hence, PT Arkha Jayanti Persada Tbk's Days Payable for the three months ended in Mar. 2024 was 410.72.

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

ISX:ARKA' s Days Payable Range Over the Past 10 Years
Min: 112.8 Med: 141.76 Max: 290.13
Current: 163.61

During the past 9 years, PT Arkha Jayanti Persada Tbk's highest Days Payable was 290.13. The lowest was 112.80. And the median was 141.76.

ISX:ARKA's Days Payable is ranked better than
85.02% of 928 companies
in the Business Services industry
Industry Median: 46.755 vs ISX:ARKA: 163.61

PT Arkha Jayanti Persada Tbk's Days Payable increased from Mar. 2023 (145.21) to Mar. 2024 (410.72). It may suggest that PT Arkha Jayanti Persada Tbk delayed paying its suppliers.

PT Arkha Jayanti Persada Tbk Days Payable Historical Data

The historical data trend for PT Arkha Jayanti Persada 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 Arkha Jayanti Persada Tbk Days Payable Chart

PT Arkha Jayanti Persada Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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119.63

138.40

243.03

112.80

145.11

PT Arkha Jayanti Persada 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															145.21	121.46	210.37	114.35	410.72

Competitive Comparison of PT Arkha Jayanti Persada Tbk's Days Payable

For the Specialty Business Services subindustry, PT Arkha Jayanti Persada 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 Arkha Jayanti Persada Tbk's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PT Arkha Jayanti Persada Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Arkha Jayanti Persada Tbk's Days Payable falls into.

PT Arkha Jayanti Persada 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 Arkha Jayanti Persada 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
=	( (68903.118	+	51813.751)	/	2 )	/	151819.568	*	365
=	60358.4345					/	151819.568	*	365
=	145.11

PT Arkha Jayanti Persada 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
=	( (51813.751	+	48109.215)	/	2 )	/	11099.96	*	365 / 4
=	49961.483					/	11099.96	*	365 / 4
=	410.72

PT Arkha Jayanti Persada Tbk Days Payable Related Terms

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PT Arkha Jayanti Persada Tbk (ISX:ARKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Arkha Jayanti Persada Tbk (ISX:ARKA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Lanbau No. 8, RT 06 / RW 09, Karang Asem Barat, Citeureup, Jawa Barat, Bogor, IDN, 16810

Website

https://www.arkhajayanti.co.id

PT Arkha Jayanti Persada Tbk operates as a construction expert. It offers solutions for parts and component fabrication, steel construction, transport equipment manufacturer, oil and gas and telecommunication project.