PT Metrodata Electronics Tbk (ISX:MTDL) Days Payable : 39.38 (As of Mar. 2024)

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What is PT Metrodata Electronics Tbk Days Payable?

PT Metrodata Electronics Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp2,013,508 Mil. PT Metrodata Electronics Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp4,665,047 Mil. Hence, PT Metrodata Electronics Tbk's Days Payable for the three months ended in Mar. 2024 was 39.38.

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

ISX:MTDL' s Days Payable Range Over the Past 10 Years
Min: 31.12 Med: 39.45 Max: 48.71
Current: 33.65

During the past 13 years, PT Metrodata Electronics Tbk's highest Days Payable was 48.71. The lowest was 31.12. And the median was 39.45.

ISX:MTDL's Days Payable is ranked worse than
84.92% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs ISX:MTDL: 33.65

PT Metrodata Electronics Tbk's Days Payable declined from Mar. 2023 (44.22) to Mar. 2024 (39.38). It may suggest that PT Metrodata Electronics Tbk accelerated paying its suppliers.

PT Metrodata Electronics Tbk Days Payable Historical Data

The historical data trend for PT Metrodata Electronics 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 Metrodata Electronics Tbk Days Payable Chart

PT Metrodata Electronics Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.87

38.29

31.12

36.98

37.54

PT Metrodata Electronics 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															44.22	38.88	30.89	27.70	39.38

Competitive Comparison of PT Metrodata Electronics Tbk's Days Payable

For the Electronics & Computer Distribution subindustry, PT Metrodata Electronics 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 Metrodata Electronics Tbk's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, PT Metrodata Electronics Tbk's Days Payable distribution charts can be found below:

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

PT Metrodata Electronics 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 Metrodata Electronics 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
=	( (2059411	+	2090849)	/	2 )	/	20175440	*	365
=	2075130					/	20175440	*	365
=	37.54

PT Metrodata Electronics 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
=	( (2090849	+	1936167)	/	2 )	/	4665047	*	365 / 4
=	2013508					/	4665047	*	365 / 4
=	39.38

PT Metrodata Electronics Tbk Days Payable Related Terms

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PT Metrodata Electronics Tbk (ISX:MTDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PT Metrodata Electronics Tbk (ISX:MTDL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Letjen S. Parman Kav. 28, Suite 3, APL Tower, 37th Floor, Jakarta, IDN, 11470

Website

https://www.metrodata.co.id

PT Metrodata Electronics Tbk is an Indonesian company engaged in the Information Communication and Technology (ICT) business. Its operating segments are the Distribution segment which includes the sale of hardware and software, basic peripherals such as data storage devices, terminals, memory, and peripherals, the Solution and consultation segment which includes maintenance service, hardware, and software rental, sale of hardware, system management software, middleware, server ware and system-level software, professional service for consultation, implementation, and training, sale of software. The company earns the majority of its revenue from Indonesia.

PT Metrodata Electronics Tbk (ISX:MTDL) Headlines

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