PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) Days Payable : 14.70 (As of Mar. 2024)

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What is PT Bumi Teknokultura Unggul Tbk Days Payable?

PT Bumi Teknokultura Unggul Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp20,490 Mil. PT Bumi Teknokultura Unggul Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp127,150 Mil. Hence, PT Bumi Teknokultura Unggul Tbk's Days Payable for the three months ended in Mar. 2024 was 14.70.

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

ISX:BTEK' s Days Payable Range Over the Past 10 Years
Min: 1.7 Med: 48.17 Max: 163.55
Current: 25.66

During the past 13 years, PT Bumi Teknokultura Unggul Tbk's highest Days Payable was 163.55. The lowest was 1.70. And the median was 48.17.

ISX:BTEK's Days Payable is ranked worse than
78.76% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs ISX:BTEK: 25.66

PT Bumi Teknokultura Unggul Tbk's Days Payable declined from Mar. 2023 (98.45) to Mar. 2024 (14.70). It may suggest that PT Bumi Teknokultura Unggul Tbk accelerated paying its suppliers.

PT Bumi Teknokultura Unggul Tbk Days Payable Historical Data

The historical data trend for PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul Tbk Days Payable Chart

PT Bumi Teknokultura Unggul Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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94.92

33.03

63.31

32.83

27.45

PT Bumi Teknokultura Unggul 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															98.45	32.02	37.91	30.31	14.70

Competitive Comparison of PT Bumi Teknokultura Unggul Tbk's Days Payable

For the Farm Products subindustry, PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul Tbk's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Bumi Teknokultura Unggul Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Bumi Teknokultura Unggul Tbk's Days Payable falls into.

PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul 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
=	( (14701.965	+	15782.084)	/	2 )	/	202695.414	*	365
=	15242.0245					/	202695.414	*	365
=	27.45

PT Bumi Teknokultura Unggul 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
=	( (15782.084	+	25198.058)	/	2 )	/	127150.309	*	365 / 4
=	20490.071					/	127150.309	*	365 / 4
=	14.70

PT Bumi Teknokultura Unggul Tbk Days Payable Related Terms

Thank you for viewing the detailed overview of PT Bumi Teknokultura Unggul Tbk's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Tentara Pelajar, Rukan Permata Senayan Complex, Block E No. 37 - 38, South Jakarta, Jakarta, IDN, 12210

Website

http://www.btek.co.id

PT Bumi Teknokultura Unggul Tbk is engaged in agricultural biotechnology, forest management rights, planted forest industries, and trade. The company's main business activities consist of nursery for forestry plants, food crops, medicinal plants, tropical ornamental plants, logging, as well as the trading of logs. Its products and services include forestry crops, ornamental plants, horticultural crops, and other crops. Its segment includes Rental and Cocoa bean processing.