PT Ricky Putra Globalindo Tbk (ISX:RICY) Days Payable : 44.54 (As of Mar. 2024)

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What is PT Ricky Putra Globalindo Tbk Days Payable?

PT Ricky Putra Globalindo Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp90,998 Mil. PT Ricky Putra Globalindo Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp186,412 Mil. Hence, PT Ricky Putra Globalindo Tbk's Days Payable for the three months ended in Mar. 2024 was 44.54.

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

ISX:RICY' s Days Payable Range Over the Past 10 Years
Min: 26.99 Med: 44 Max: 65.48
Current: 54.2

During the past 13 years, PT Ricky Putra Globalindo Tbk's highest Days Payable was 65.48. The lowest was 26.99. And the median was 44.00.

ISX:RICY's Days Payable is ranked worse than
51.91% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs ISX:RICY: 54.20

PT Ricky Putra Globalindo Tbk's Days Payable declined from Mar. 2023 (49.06) to Mar. 2024 (44.54). It may suggest that PT Ricky Putra Globalindo Tbk accelerated paying its suppliers.

PT Ricky Putra Globalindo Tbk Days Payable Historical Data

The historical data trend for PT Ricky Putra Globalindo 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 Ricky Putra Globalindo Tbk Days Payable Chart

PT Ricky Putra Globalindo Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.51

43.00

40.21

44.99

55.45

PT Ricky Putra Globalindo 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															49.06	87.18	47.40	47.73	44.54

Competitive Comparison of PT Ricky Putra Globalindo Tbk's Days Payable

For the Apparel Manufacturing subindustry, PT Ricky Putra Globalindo 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 Ricky Putra Globalindo Tbk's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Ricky Putra Globalindo Tbk's Days Payable distribution charts can be found below:

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

PT Ricky Putra Globalindo 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 Ricky Putra Globalindo 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
=	( (118456.836	+	88577.956)	/	2 )	/	681344.709	*	365
=	103517.396					/	681344.709	*	365
=	55.45

PT Ricky Putra Globalindo 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
=	( (88577.956	+	93419.025)	/	2 )	/	186411.628	*	365 / 4
=	90998.4905					/	186411.628	*	365 / 4
=	44.54

PT Ricky Putra Globalindo Tbk Days Payable Related Terms

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PT Ricky Putra Globalindo Tbk (ISX:RICY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Ricky Putra Globalindo Tbk (ISX:RICY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sawah Lio II No. 29 - 37, Jembatan Lima, Tambora, Jakarta Barat, Jakarta, IDN, 11250

Website

https://www.rpg.co.id

PT Ricky Putra Globalindo Tbk is primarily engaged in the manufacturing of underwear and fashion wear, trading, and spinning manufacturing. The operating segments of the company are the Manufacturing of underwear, outerwear manufacturing, yarn manufacturing and others. Men's underwear consists of seven main product segments to serve the domestic market under the brands Ricky, GT Man, GT Ladies, Ricsony, GT Man Kid, GT Kid, GTman Sport, and BUM Equipment. Geographically, the group operates in Jakarta and Java, Asia, Sumatera, Kalimantan, Sulawesi, Europe, Africa, the Middle East, Australia, and America, of which key revenue is derived from Jakarta and Java.

PT Ricky Putra Globalindo Tbk (ISX:RICY) Headlines

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