PT Garda Tujuh Buana Tbk (ISX:GTBO) Days Payable : 23.54 (As of Mar. 2024)

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What is PT Garda Tujuh Buana Tbk Days Payable?

PT Garda Tujuh Buana Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp22,600 Mil. PT Garda Tujuh Buana Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp87,609 Mil. Hence, PT Garda Tujuh Buana Tbk's Days Payable for the three months ended in Mar. 2024 was 23.54.

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

ISX:GTBO' s Days Payable Range Over the Past 10 Years
Min: 21.99 Med: 101.92 Max: 2549.64
Current: 35.43

During the past 13 years, PT Garda Tujuh Buana Tbk's highest Days Payable was 2549.64. The lowest was 21.99. And the median was 101.92.

ISX:GTBO's Days Payable is ranked worse than
71.43% of 126 companies
in the Other Energy Sources industry
Industry Median: 64.77 vs ISX:GTBO: 35.43

PT Garda Tujuh Buana Tbk's Days Payable declined from Mar. 2023 (31.68) to Mar. 2024 (23.54). It may suggest that PT Garda Tujuh Buana Tbk accelerated paying its suppliers.

PT Garda Tujuh Buana Tbk Days Payable Historical Data

The historical data trend for PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk Days Payable Chart

PT Garda Tujuh Buana Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.55

2,549.64

556.90

63.86

27.89

PT Garda Tujuh Buana 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															31.68	29.26	48.95	50.68	23.54

Competitive Comparison of PT Garda Tujuh Buana Tbk's Days Payable

For the Thermal Coal subindustry, PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk's Days Payable Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where PT Garda Tujuh Buana Tbk's Days Payable falls into.

PT Garda Tujuh Buana 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 Garda Tujuh Buana 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
=	( (51833.685	+	26854.66)	/	2 )	/	514955.825	*	365
=	39344.1725					/	514955.825	*	365
=	27.89

PT Garda Tujuh Buana 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
=	( (26854.66	+	18345.032)	/	2 )	/	87609.088	*	365 / 4
=	22599.846					/	87609.088	*	365 / 4
=	23.54

PT Garda Tujuh Buana Tbk Days Payable Related Terms

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PT Garda Tujuh Buana Tbk (ISX:GTBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Garda Tujuh Buana Tbk (ISX:GTBO) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Jl. MT Haryono Kav. 33, Gedung Menara Hijau Lantai 5, Suite 501A, Pancoran, Jakarta, IDN, 12770

Website

http://www.gtb.co.id

PT Garda Tujuh Buana TBK is an Indonesia-based company which is engaged in the business of coal mining processing and logistics operations. It is involved in mining and selling low calorific value coal. The mining site is located in the north middle part of Bunyu Island that is unpopulated. The coal-fired power plant operators are its main customers. The company derives revenue from the sales of coal in Indonesia and other countries, of which key revenue is generated by exporting the coal.

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