PT Matahari Putra Prima Tbk (ISX:MPPA) Days Payable : 57.20 (As of Mar. 2024)

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What is PT Matahari Putra Prima Tbk Days Payable?

PT Matahari Putra Prima Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp1,090,846 Mil. PT Matahari Putra Prima Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,740,322 Mil. Hence, PT Matahari Putra Prima Tbk's Days Payable for the three months ended in Mar. 2024 was 57.20.

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

ISX:MPPA' s Days Payable Range Over the Past 10 Years
Min: 49.82 Med: 57.96 Max: 65.44
Current: 65.44

During the past 13 years, PT Matahari Putra Prima Tbk's highest Days Payable was 65.44. The lowest was 49.82. And the median was 57.96.

ISX:MPPA's Days Payable is ranked better than
57.13% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 55.005 vs ISX:MPPA: 65.44

PT Matahari Putra Prima Tbk's Days Payable declined from Mar. 2023 (65.52) to Mar. 2024 (57.20). It may suggest that PT Matahari Putra Prima Tbk accelerated paying its suppliers.

PT Matahari Putra Prima Tbk Days Payable Historical Data

The historical data trend for PT Matahari Putra Prima 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 Matahari Putra Prima Tbk Days Payable Chart

PT Matahari Putra Prima Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.67

62.39

59.76

58.51

57.40

PT Matahari Putra Prima 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															65.52	62.50	54.59	75.74	57.20

Competitive Comparison of PT Matahari Putra Prima Tbk's Days Payable

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

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

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

PT Matahari Putra Prima 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 Matahari Putra Prima 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
=	( (888063	+	906506)	/	2 )	/	5706132	*	365
=	897284.5					/	5706132	*	365
=	57.40

PT Matahari Putra Prima 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
=	( (906506	+	1275185)	/	2 )	/	1740322	*	365 / 4
=	1090845.5					/	1740322	*	365 / 4
=	57.20

PT Matahari Putra Prima Tbk Days Payable Related Terms

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PT Matahari Putra Prima Tbk (ISX:MPPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PT Matahari Putra Prima Tbk (ISX:MPPA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LU6A:Germany

Address

Jalan Sultan Falatehan, Hypermart Cyberpark, Upper Ground Floor, Lippo Karawaci Utara, Banten, Tangerang, IDN, 15138

Website

https://www.mppa.co.id

PT Matahari Putra Prima Tbk is engaged in retail business. The company focuses on fast moving consumer goods through brands like hypermart, smart club, Boston health and beauty, and FMX. These brands are engaged in providing wholesale business, fresh foods, bakery, ready to eat products, and personal care products. It mainly operates in two segments: Retail and Wholesale. The Retail segment accounts for majority revenue of the firm.

PT Matahari Putra Prima Tbk (ISX:MPPA) Headlines

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