PT Multipolar Tbk (ISX:MLPL) Days Payable : 57.73 (As of Mar. 2024)

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What is PT Multipolar Tbk Days Payable?

PT Multipolar Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp1,554,362 Mil. PT Multipolar Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp2,456,905 Mil. Hence, PT Multipolar Tbk's Days Payable for the three months ended in Mar. 2024 was 57.73.

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

ISX:MLPL' s Days Payable Range Over the Past 10 Years
Min: 54.67 Med: 60.3 Max: 69.61
Current: 60.48

During the past 13 years, PT Multipolar Tbk's highest Days Payable was 69.61. The lowest was 54.67. And the median was 60.30.

ISX:MLPL's Days Payable is ranked better than
54.12% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 54.93 vs ISX:MLPL: 60.48

PT Multipolar Tbk's Days Payable declined from Mar. 2023 (67.64) to Mar. 2024 (57.73). It may suggest that PT Multipolar Tbk accelerated paying its suppliers.

PT Multipolar Tbk Days Payable Historical Data

The historical data trend for PT Multipolar 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 Multipolar Tbk Days Payable Chart

PT Multipolar Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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60.52

63.95

59.85

54.67

56.39

PT Multipolar 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															67.64	58.39	58.84	58.35	57.73

Competitive Comparison of PT Multipolar Tbk's Days Payable

For the Department Stores subindustry, PT Multipolar 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 Multipolar Tbk's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Multipolar Tbk's Days Payable distribution charts can be found below:

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

PT Multipolar 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 Multipolar 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
=	( (1311927	+	1429857)	/	2 )	/	8873893	*	365
=	1370892					/	8873893	*	365
=	56.39

PT Multipolar 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
=	( (1429857	+	1678866)	/	2 )	/	2456905	*	365 / 4
=	1554361.5					/	2456905	*	365 / 4
=	57.73

PT Multipolar Tbk Days Payable Related Terms

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PT Multipolar Tbk (ISX:MLPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PT Multipolar Tbk (ISX:MLPL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MLQ2:Germany

Address

Jalan Boulevard Palem Raya No. 7, Menara Matahari 20th-21st Floor, Lippo Karawaci, Banten, Tangerang, IDN, 15811

Website

https://www.mpc.id

PT Multipolar Tbk is an investment holding company. It is engaged in business scopes covering the retail, telecommunications, multimedia, and technology (TMT), and other supporting business units. The company has three main business segments: Retail and Distribution, Information Technology, and Other Segment. The firm's revenue gets dominated by the Retail and Distribution Segment which operates department stores and book stores.

PT Multipolar Tbk (ISX:MLPL) Headlines

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