PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) Days Payable : 1,840.43 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is PT Minna Padi Investama Sekuritas Tbk Days Payable?

PT Minna Padi Investama Sekuritas Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp37,580 Mil. PT Minna Padi Investama Sekuritas Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,863 Mil. Hence, PT Minna Padi Investama Sekuritas Tbk's Days Payable for the three months ended in Mar. 2024 was 1,840.43.

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

ISX:PADI' s Days Payable Range Over the Past 10 Years
Min: 284.28 Med: 693.42 Max: 3267.73
Current: 818.02

During the past 13 years, PT Minna Padi Investama Sekuritas Tbk's highest Days Payable was 3267.73. The lowest was 284.28. And the median was 693.42.

ISX:PADI's Days Payable is ranked better than
87.87% of 470 companies
in the Asset Management industry
Industry Median: 70.455 vs ISX:PADI: 818.02

PT Minna Padi Investama Sekuritas Tbk's Days Payable increased from Mar. 2023 (247.05) to Mar. 2024 (1,840.43). It may suggest that PT Minna Padi Investama Sekuritas Tbk delayed paying its suppliers.

PT Minna Padi Investama Sekuritas Tbk Days Payable Historical Data

The historical data trend for PT Minna Padi Investama Sekuritas 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.

* Premium members only.

PT Minna Padi Investama Sekuritas Tbk Days Payable Chart

PT Minna Padi Investama Sekuritas Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

342.94

689.05

534.61

284.28

1,523.08

PT Minna Padi Investama Sekuritas 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															247.05	131.78	259.17	1,306.22	1,840.43

Competitive Comparison of PT Minna Padi Investama Sekuritas Tbk's Days Payable

For the Asset Management subindustry, PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Minna Padi Investama Sekuritas Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Minna Padi Investama Sekuritas Tbk's Days Payable falls into.

PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas 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
=	( (7249.325	+	56318.75)	/	2 )	/	7616.898	*	365
=	31784.0375					/	7616.898	*	365
=	1,523.08

PT Minna Padi Investama Sekuritas 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
=	( (56318.75	+	18842.182)	/	2 )	/	1863.266	*	365 / 4
=	37580.466					/	1863.266	*	365 / 4
=	1,840.43

PT Minna Padi Investama Sekuritas Tbk Days Payable Related Terms

Thank you for viewing the detailed overview of PT Minna Padi Investama Sekuritas Tbk's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jend. Sudirman Kav. 52-53, Equity Tower 11th floor, SCBD Lot 9, South Jakarta, IDN, 12190

Website

https://www.minnapadi.com

PT Minna Padi Investama Sekuritas Tbk is engaged in managing public funds with the of obtaining optimal investment returns. In managing public funds, the company offers a variety of quality products and services, such as Mutual Funds, which are investment instruments intended not only for large capital owners but also accessible to the general public. It also provides Brokerage and Underwriting services.

PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) Headlines

No Headlines