PT Menthobi Karyatama Raya Tbk (ISX:MKTR) Days Payable : 15.18 (As of Mar. 2024)

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What is PT Menthobi Karyatama Raya Tbk Days Payable?

PT Menthobi Karyatama Raya Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp35,751 Mil. PT Menthobi Karyatama Raya Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp214,866 Mil. Hence, PT Menthobi Karyatama Raya Tbk's Days Payable for the three months ended in Mar. 2024 was 15.18.

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

ISX:MKTR' s Days Payable Range Over the Past 10 Years
Min: 14.43 Med: 19.07 Max: 64.13
Current: 20.19

During the past 5 years, PT Menthobi Karyatama Raya Tbk's highest Days Payable was 64.13. The lowest was 14.43. And the median was 19.07.

ISX:MKTR's Days Payable is ranked worse than
86.23% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs ISX:MKTR: 20.19

PT Menthobi Karyatama Raya Tbk's Days Payable declined from Mar. 2023 (23.19) to Mar. 2024 (15.18). It may suggest that PT Menthobi Karyatama Raya Tbk accelerated paying its suppliers.

PT Menthobi Karyatama Raya Tbk Days Payable Historical Data

The historical data trend for PT Menthobi Karyatama Raya 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 Menthobi Karyatama Raya Tbk Days Payable Chart

PT Menthobi Karyatama Raya Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

64.13

50.02

19.07

14.43

18.31

PT Menthobi Karyatama Raya Tbk Quarterly Data
	Dec19	Dec20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								23.19	21.05	33.40	20.07	15.18

Competitive Comparison of PT Menthobi Karyatama Raya Tbk's Days Payable

For the Farm Products subindustry, PT Menthobi Karyatama Raya 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 Menthobi Karyatama Raya Tbk's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where PT Menthobi Karyatama Raya Tbk's Days Payable falls into.

PT Menthobi Karyatama Raya 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 Menthobi Karyatama Raya 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
=	( (18397.776	+	40302.339)	/	2 )	/	585234.712	*	365
=	29350.0575					/	585234.712	*	365
=	18.31

PT Menthobi Karyatama Raya 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
=	( (40302.339	+	31200.348)	/	2 )	/	214865.855	*	365 / 4
=	35751.3435					/	214865.855	*	365 / 4
=	15.18

PT Menthobi Karyatama Raya Tbk Days Payable Related Terms

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PT Menthobi Karyatama Raya Tbk (ISX:MKTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Menthobi Karyatama Raya Tbk (ISX:MKTR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gedung Wisma Maktour Lt.4, Jalan Otto Iskandardinata No. 80, Jakarta Timur, IDN, 13330

Website

https://www.mktr.co.id

PT Menthobi Karyatama Raya Tbk focuses on the management of plantation products. The Group presented three operating segments, being crude palm oil, palm kernel and fresh fruit bunches.

PT Menthobi Karyatama Raya Tbk (ISX:MKTR) Headlines

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