PT Cowell Development Tbk (ISX:COWL) Days Payable: 10.20 (As of Dec. 2019)

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ISX:COWL PT Cowell Development Tbk ISX:COWL
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What is PT Cowell Development Tbk Days Payable?

PT Cowell Development Tbk ISX:COWL 4 Days Payable is 10.20 as of Dec. 2019. GuruFocus rates ISX:COWL with a GF Score™ of 4/100.

PT Cowell Development Tbk's average Accounts Payable for the three months ended in Dec. 2019 was Rp49,103 Mil. PT Cowell Development Tbk's Cost of Goods Sold for the three months ended in Dec. 2019 was Rp439,391 Mil. Hence, PT Cowell Development Tbk's Days Payable for the three months ended in Dec. 2019 was 10.20.

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

ISX:COWL's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 92.71
* Ranked among companies with meaningful Days Payable only.

PT Cowell Development Tbk's Days Payable declined from Sep. 2018 (183.22) to Dec. 2019 (10.20). It may suggest that PT Cowell Development Tbk accelerated paying its suppliers.


PT Cowell Development Tbk Days Payable Historical Data

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The historical data trend for PT Cowell Development 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 Cowell Development Tbk Days Payable Chart

PT Cowell Development Tbk Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.19 111.77 110.06 149.61 35.86

PT Cowell Development Tbk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19
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 183.22 177.85 0.00 244.63 10.20

PT Cowell Development Tbk Days Payable Competitor Comparison

For the Real Estate - Development subindustry, PT Cowell Development 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 Cowell Development Tbk Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Cowell Development Tbk's Days Payable distribution charts can be found below:

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


ISX:COWL
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PT Cowell Development Tbk ISX:COWL
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PT Cowell Development 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 Cowell Development Tbk's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (51859.192 + 49184.738) / 2 ) / 514283.353*365
=50521.965 / 514283.353*365
=35.86

PT Cowell Development Tbk's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

Days Payable (Q: Dec. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2019 ) + Accounts Payable (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (49021.361 + 49184.738) / 2 ) / 439390.694*365 / 4
=49103.0495 / 439390.694*365 / 4
=10.20

* 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 10.20 mean?
PT Cowell Development Tbk (ISX:COWL) has a Days Payable of 10.20 as of Dec. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Cowell Development Tbk and its competitors.
Is PT Cowell Development Tbk's Days Payable too high?
PT Cowell Development Tbk's current Days Payable is 10.20. The Real Estate industry median Days Payable is 92.71. PT Cowell Development Tbk's value of 10.20 is 89% below this industry median. Overall, PT Cowell Development Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Cowell Development Tbk's Days Payable compare to competitors?
PT Cowell Development Tbk's Days Payable of 10.20 can be compared against companies in the Real Estate industry. The industry median Days Payable is 92.71. PT Cowell Development Tbk's value of 10.20 is 89% below this benchmark. 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.71, based on 1,573 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 Cowell Development Tbk's current Days Payable of 10.20 is 89% 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 Cowell Development Tbk and its competitors. For the Real Estate industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Cowell Development Tbk's current Days Payable is 10.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Cowell Development Tbk stock overvalued right now?
PT Cowell Development Tbk (ISX:COWL) has a current Days Payable of 10.20. The current Days Payable is 10.20 and 89% below the Real Estate industry median of 92.71. PT Cowell Development Tbk's overall GF Score™ is 4/100. 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 Cowell Development Tbk (ISX:COWL), the current Days Payable is 10.20 as of Dec. 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 Cowell Development Tbk Business Description

Address Jl Senen Raya Number 135, Cowell Tower 3rd floor, Central Jakarta, Jakarta, IDN, 10410
PT Cowell Development Tbk is a real estate company. It is engaged in construction and development of residential and commercial real estate. The company portfolio consists of residential properties, namely Melati Mas Residence, Serpong Park, Serpong Terrace, Laverde, and Borneo Paradiso, and multi-story buildings such as Westmark, The Oasis, and Lexington Residence. The company's segments include Real estate; Apartment and Rental space. It derives its revenues from Rental space segment.
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