PT Gozco Plantations Tbk (ISX:GZCO) Days Payable : 31.31 (As of Sep. 2024)

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What is PT Gozco Plantations Tbk Days Payable?

PT Gozco Plantations Tbk's average Accounts Payable for the three months ended in Sep. 2024 was Rp36,591 Mil. PT Gozco Plantations Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was Rp106,643 Mil. Hence, PT Gozco Plantations Tbk's Days Payable for the three months ended in Sep. 2024 was 31.31.

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

ISX:GZCO' s Days Payable Range Over the Past 10 Years
Min: 12.3 Med: 30.85 Max: 98.22
Current: 20.69

During the past 13 years, PT Gozco Plantations Tbk's highest Days Payable was 98.22. The lowest was 12.30. And the median was 30.85.

ISX:GZCO's Days Payable is ranked worse than
84.52% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs ISX:GZCO: 20.69

PT Gozco Plantations Tbk's Days Payable increased from Sep. 2023 (22.21) to Sep. 2024 (31.31). It may suggest that PT Gozco Plantations Tbk delayed paying its suppliers.

PT Gozco Plantations Tbk Days Payable Historical Data

The historical data trend for PT Gozco Plantations 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 Gozco Plantations Tbk Days Payable Chart

PT Gozco Plantations Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.43

22.33

26.67

24.70

12.30

PT Gozco Plantations Tbk Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															22.21	16.75	15.12	23.11	31.31

Competitive Comparison of PT Gozco Plantations Tbk's Days Payable

For the Farm Products subindustry, PT Gozco Plantations 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 Gozco Plantations Tbk's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

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PT Gozco Plantations 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 Gozco Plantations 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
=	( (12258	+	31587)	/	2 )	/	650681	*	365
=	21922.5					/	650681	*	365
=	12.30

PT Gozco Plantations Tbk's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (32221	+	40960)	/	2 )	/	106643	*	365 / 4
=	36590.5					/	106643	*	365 / 4
=	31.31

PT Gozco Plantations Tbk Days Payable Related Terms

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PT Gozco Plantations Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Gozco Plantations Tbk (ISX:GZCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Pasar Minggu No. 32, Gedung Gozco, South Jakarta, IDN, 12780

Website

http://www.gozco.com

PT Gozco Plantations Tbk is an Indonesia-based company engaged in developing and operating palm oil plantations, trading, and processing crude palm oil, and palm kernel. It generates the majority of its revenue from Crude Palm Oil sales. PT Gozco Plantations also produces fresh fruit bunches. The organization only caters to the Indonesian market.

PT Gozco Plantations Tbk Headlines

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