Pt Multi Makmur Lemindo Tbk (ISX:PIPA) Days Payable : 58.64 (As of Sep. 2024)

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What is Pt Multi Makmur Lemindo Tbk Days Payable?

Pt Multi Makmur Lemindo Tbk's average Accounts Payable for the three months ended in Sep. 2024 was Rp3,445 Mil. Pt Multi Makmur Lemindo Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was Rp5,360 Mil. Hence, Pt Multi Makmur Lemindo Tbk's Days Payable for the three months ended in Sep. 2024 was 58.64.

The historical rank and industry rank for Pt Multi Makmur Lemindo Tbk's Days Payable or its related term are showing as below:

ISX:PIPA' s Days Payable Range Over the Past 10 Years
Min: 66.52 Med: 87.56 Max: 142.94
Current: 66.52

During the past 5 years, Pt Multi Makmur Lemindo Tbk's highest Days Payable was 142.94. The lowest was 66.52. And the median was 87.56.

ISX:PIPA's Days Payable is ranked worse than
56.22% of 1672 companies
in the Construction industry
Industry Median: 75.855 vs ISX:PIPA: 66.52

Pt Multi Makmur Lemindo Tbk's Days Payable increased from Sep. 2023 (17.46) to Sep. 2024 (58.64). It may suggest that Pt Multi Makmur Lemindo Tbk delayed paying its suppliers.

Pt Multi Makmur Lemindo Tbk Days Payable Historical Data

The historical data trend for Pt Multi Makmur Lemindo 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 Multi Makmur Lemindo Tbk Days Payable Chart

Pt Multi Makmur Lemindo Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

135.33

142.94

87.56

72.63

69.67

Pt Multi Makmur Lemindo Tbk Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial								17.46	56.40	73.57	120.83	58.64

Competitive Comparison of Pt Multi Makmur Lemindo Tbk's Days Payable

For the Building Products & Equipment subindustry, Pt Multi Makmur Lemindo 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 Multi Makmur Lemindo Tbk's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Pt Multi Makmur Lemindo Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where Pt Multi Makmur Lemindo Tbk's Days Payable falls into.

Pt Multi Makmur Lemindo 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 Multi Makmur Lemindo 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
=	( (3319.286	+	4366.672)	/	2 )	/	20134.142	*	365
=	3842.979					/	20134.142	*	365
=	69.67

Pt Multi Makmur Lemindo Tbk's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3753.295	+	3135.984)	/	2 )	/	5359.87	*	365 / 4
=	3444.6395					/	5359.87	*	365 / 4
=	58.64

Pt Multi Makmur Lemindo Tbk Days Payable Related Terms

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Pt Multi Makmur Lemindo Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Pt Multi Makmur Lemindo Tbk (ISX:PIPA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Sultan Iskandar Muda No.70, Kedaung Baru, Neglasari Tangerang, Banten, Tangerang, IDN, 15128

Website

https://multimakmurlemindo.com

Pt Multi Makmur Lemindo Tbk is engaged in the Engaged in manufacturing building materials made of PVC-based plastic such as PVC pipes, PVC fittings, PVC Hose, Cast Buckets and Water Tanks by toll-free at other factories using its own patented brand.

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