PT Modernland Realty Tbk (ISX:MDLN) Days Payable : 213.03 (As of Mar. 2024)

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What is PT Modernland Realty Tbk Days Payable?

PT Modernland Realty Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp239,461 Mil. PT Modernland Realty Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp102,569 Mil. Hence, PT Modernland Realty Tbk's Days Payable for the three months ended in Mar. 2024 was 213.03.

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

ISX:MDLN' s Days Payable Range Over the Past 10 Years
Min: 19.38 Med: 97.92 Max: 196.52
Current: 142.31

During the past 13 years, PT Modernland Realty Tbk's highest Days Payable was 196.52. The lowest was 19.38. And the median was 97.92.

ISX:MDLN's Days Payable is ranked better than
60.99% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs ISX:MDLN: 142.31

PT Modernland Realty Tbk's Days Payable increased from Mar. 2023 (183.82) to Mar. 2024 (213.03). It may suggest that PT Modernland Realty Tbk delayed paying its suppliers.

PT Modernland Realty Tbk Days Payable Historical Data

The historical data trend for PT Modernland Realty 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 Modernland Realty Tbk Days Payable Chart

PT Modernland Realty Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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118.68

196.52

119.47

149.19

135.90

PT Modernland Realty 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															183.82	321.89	114.65	93.65	213.03

Competitive Comparison of PT Modernland Realty Tbk's Days Payable

For the Real Estate - Development subindustry, PT Modernland Realty 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 Modernland Realty Tbk's Days Payable Distribution in the Real Estate Industry

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

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

PT Modernland Realty 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 Modernland Realty 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
=	( (212392.438	+	245199.76)	/	2 )	/	614508.705	*	365
=	228796.099					/	614508.705	*	365
=	135.90

PT Modernland Realty 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
=	( (245199.76	+	233721.944)	/	2 )	/	102569.092	*	365 / 4
=	239460.852					/	102569.092	*	365 / 4
=	213.03

PT Modernland Realty Tbk Days Payable Related Terms

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PT Modernland Realty Tbk (ISX:MDLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Modernland Realty Tbk (ISX:MDLN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Gajah Mada No. 188, Commercial Area, 5th Floor, Green Central City, Jakarta Barat, Jakarta, IDN, 11120

Website

https://www.modernland.co.id

PT Modernland Realty Tbk is engaged in property development of residential housing, industrial areas, warehousing, and apartments; management of the hotel and office buildings; the panel manufacturing industry; golf-course services and management; and investment in property, facilities, and infrastructure. The company's segment comprises Residential, Industrial and Hospitality. The majority of its revenue gets derived from the Residential segment.

PT Modernland Realty Tbk (ISX:MDLN) Headlines

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