PT Aksara Global Development Tbk (ISX:GAMA) Days Payable: 4,610.35 (As of Sep. 2022)


ISX:GAMA PT Aksara Global Development Tbk ISX:GAMA
4 GF Score
Price Rp18.00
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What is PT Aksara Global Development Tbk Days Payable?

PT Aksara Global Development Tbk ISX:GAMA 4 Days Payable is 4,610.35 as of Sep. 2022. GuruFocus rates ISX:GAMA with a GF Score™ of 4/100.

PT Aksara Global Development Tbk's average Accounts Payable for the three months ended in Sep. 2022 was Rp29,743 Mil. PT Aksara Global Development Tbk's Cost of Goods Sold for the three months ended in Sep. 2022 was Rp589 Mil. Hence, PT Aksara Global Development Tbk's Days Payable for the three months ended in Sep. 2022 was 4,610.35.

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

ISX:GAMA's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.38
* Ranked among companies with meaningful Days Payable only.

PT Aksara Global Development Tbk's Days Payable increased from Sep. 2021 (824.94) to Sep. 2022 (4,610.35). It may suggest that PT Aksara Global Development Tbk delayed paying its suppliers.

PT Aksara Global Development Tbk Days Payable Related Terms

PT Aksara Global Development Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Aksara Global 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 Aksara Global Development Tbk Days Payable Chart

PT Aksara Global Development Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.05 130.72 216.99 525.20 1,101.08

PT Aksara Global Development Tbk Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 824.94 941.15 576.76 10,617.41 4,610.35

PT Aksara Global Development Tbk Days Payable Competitor Comparison

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

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

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


ISX:GAMA
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PT Aksara Global Development Tbk ISX:GAMA
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PT Aksara Global 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 Aksara Global Development Tbk's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (47697.888 + 30742.974) / 2 ) / 13001.244*365
=39220.431 / 13001.244*365
=1,101.08

PT Aksara Global Development Tbk's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (29742.974 + 29742.974) / 2 ) / 588.685*365 / 4
=29742.974 / 588.685*365 / 4
=4,610.35

* 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 4,610.35 mean?
PT Aksara Global Development Tbk (ISX:GAMA) has a Days Payable of 4,610.35 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Aksara Global Development Tbk and its competitors.
Is PT Aksara Global Development Tbk's Days Payable too high?
PT Aksara Global Development Tbk's current Days Payable is 4,610.35. The Real Estate industry median Days Payable is 94.38. PT Aksara Global Development Tbk's value of 4,610.35 is 4784.9% above this industry median. Overall, PT Aksara Global Development Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Aksara Global Development Tbk's Days Payable compare to competitors?
PT Aksara Global Development Tbk's Days Payable of 4,610.35 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. PT Aksara Global Development Tbk's value of 4,610.35 is 4784.9% above 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 94.38, based on 1,571 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 Aksara Global Development Tbk's current Days Payable of 4,610.35 is 4784.9% 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 Aksara Global Development Tbk and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Aksara Global Development Tbk's current Days Payable is 4,610.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Aksara Global Development Tbk stock overvalued right now?
PT Aksara Global Development Tbk (ISX:GAMA) has a current Days Payable of 4,610.35. The current Days Payable is 4,610.35 and 4784.9% above the Real Estate industry median of 94.38. PT Aksara Global 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 Aksara Global Development Tbk (ISX:GAMA), the current Days Payable is 4,610.35 as of Sep. 2022. 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 Aksara Global Development Tbk Business Description

Address Jalan Otista Raya No. 23, RT 003 RW 011, Kec. Ciputat, Kota Tangerang Selatan, Banten, IDN, 15412
PT Aksara Global Development Tbk is engaged in the development of affordable homes and apartments which cater to Indonesia's expanding middle-class income families in growing second-tier cities and urban areas. The company's operating segment includes Apartments; Houses and others. It generates maximum revenue from the Apartment segment.
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