PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) Days Payable : 48.10 (As of Mar. 2024)

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What is PT Indocement Tunggal Prakarsa Tbk Days Payable?

PT Indocement Tunggal Prakarsa Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp1,529,973 Mil. PT Indocement Tunggal Prakarsa Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp2,902,396 Mil. Hence, PT Indocement Tunggal Prakarsa Tbk's Days Payable for the three months ended in Mar. 2024 was 48.10.

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

ISX:INTP' s Days Payable Range Over the Past 10 Years
Min: 36.58 Med: 57.61 Max: 69.31
Current: 41.44

During the past 13 years, PT Indocement Tunggal Prakarsa Tbk's highest Days Payable was 69.31. The lowest was 36.58. And the median was 57.61.

ISX:INTP's Days Payable is ranked worse than
72.51% of 371 companies
in the Building Materials industry
Industry Median: 66.27 vs ISX:INTP: 41.44

PT Indocement Tunggal Prakarsa Tbk's Days Payable stayed the same from Mar. 2023 (48.10) to Mar. 2024 (48.10). stayed the same

PT Indocement Tunggal Prakarsa Tbk Days Payable Historical Data

The historical data trend for PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk Days Payable Chart

PT Indocement Tunggal Prakarsa Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.34

66.98

69.31

63.92

54.02

PT Indocement Tunggal Prakarsa 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															48.10	44.66	34.22	42.02	48.10

Competitive Comparison of PT Indocement Tunggal Prakarsa Tbk's Days Payable

For the Building Materials subindustry, PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Indocement Tunggal Prakarsa Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Indocement Tunggal Prakarsa Tbk's Days Payable falls into.

PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa 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
=	( (1834752	+	1747439)	/	2 )	/	12103031	*	365
=	1791095.5					/	12103031	*	365
=	54.02

PT Indocement Tunggal Prakarsa 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
=	( (1747439	+	1312506)	/	2 )	/	2902396	*	365 / 4
=	1529972.5					/	2902396	*	365 / 4
=	48.10

PT Indocement Tunggal Prakarsa Tbk Days Payable Related Terms

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PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Indocement Tunggal Prakarsa Tbk (ISX:INTP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ITP:Germany

Address

Jalan Jenderal Sudirman Kavling 70-71, Wisma Indocement, 13th Floor, Jakarta, IDN, 12910

Website

https://www.indocement.co.id

PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement, concrete, and cement-related products. The firm operates in three segments cement, ready-mix concrete, and aggregates quarries. The Cement segment, which generates the vast majority of revenue, sells cement under the Tiga Roda brand, primarily to retailers and the residential construction industry. The Ready-Mix Concrete segment sells concrete to the building and construction industries.