PT Mark Dynamics Indonesia Tbk (ISX:MARK) Days Payable : 16.24 (As of Sep. 2024)

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What is PT Mark Dynamics Indonesia Tbk Days Payable?

PT Mark Dynamics Indonesia Tbk's average Accounts Payable for the three months ended in Sep. 2024 was Rp22,190 Mil. PT Mark Dynamics Indonesia Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was Rp124,678 Mil. Hence, PT Mark Dynamics Indonesia Tbk's Days Payable for the three months ended in Sep. 2024 was 16.24.

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

ISX:MARK' s Days Payable Range Over the Past 10 Years
Min: 8.18 Med: 23.42 Max: 170.48
Current: 11.18

During the past 10 years, PT Mark Dynamics Indonesia Tbk's highest Days Payable was 170.48. The lowest was 8.18. And the median was 23.42.

ISX:MARK's Days Payable is ranked worse than
98.23% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 69.87 vs ISX:MARK: 11.18

PT Mark Dynamics Indonesia Tbk's Days Payable increased from Sep. 2023 (9.76) to Sep. 2024 (16.24). It may suggest that PT Mark Dynamics Indonesia Tbk delayed paying its suppliers.

PT Mark Dynamics Indonesia Tbk Days Payable Historical Data

The historical data trend for PT Mark Dynamics Indonesia 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 Mark Dynamics Indonesia Tbk Days Payable Chart

PT Mark Dynamics Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.41

20.52

19.14

18.02

8.18

PT Mark Dynamics Indonesia 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															9.76	7.75	6.30	8.50	16.24

Competitive Comparison of PT Mark Dynamics Indonesia Tbk's Days Payable

For the Medical Instruments & Supplies subindustry, PT Mark Dynamics Indonesia 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 Mark Dynamics Indonesia Tbk's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Mark Dynamics Indonesia Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Mark Dynamics Indonesia Tbk's Days Payable falls into.

PT Mark Dynamics Indonesia 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 Mark Dynamics Indonesia 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
=	( (6379.288	+	6875.454)	/	2 )	/	295770.784	*	365
=	6627.371					/	295770.784	*	365
=	8.18

PT Mark Dynamics Indonesia 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
=	( (15539.757	+	28840.494)	/	2 )	/	124677.77	*	365 / 4
=	22190.1255					/	124677.77	*	365 / 4
=	16.24

PT Mark Dynamics Indonesia Tbk Days Payable Related Terms

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PT Mark Dynamics Indonesia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PT Mark Dynamics Indonesia Tbk (ISX:MARK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Medan Lubuk Pakam Km. 19,5, Jalan Pelita Barat No. 2, Deli Serdang, Kawas Insdustri Medan Star, Tanjung Morawa, North Sumatera, Medan, IDN, 20362

Website

http://www.markdynamicsindo.com

PT Mark Dynamics Indonesia Tbk is a manufacturer of hand former or glove molds in Indonesia. The company's products include examination formers, surgical formers, household formers, custom-made formers, and industrial formers for export purposes. The products of the company are mainly exported to nitrile and latex glove manufacturers in Malaysia, Thailand, China, and the United States. The company also distributes its products in Indonesia. The company generates the majority of its revenue from the sale of Glove Mould.