PT Rimo International Lestari Tbk (ISX:RIMO) Days Payable: 1.01 (As of Sep. 2019)


ISX:RIMO PT Rimo International Lestari Tbk ISX:RIMO
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Price Rp50.00
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What is PT Rimo International Lestari Tbk Days Payable?

PT Rimo International Lestari Tbk ISX:RIMO 4 Days Payable is 1.01 as of Sep. 2019. GuruFocus rates ISX:RIMO with a GF Score™ of 4/100.

PT Rimo International Lestari Tbk's average Accounts Payable for the three months ended in Sep. 2019 was Rp1,742 Mil. PT Rimo International Lestari Tbk's Cost of Goods Sold for the three months ended in Sep. 2019 was Rp157,818 Mil. Hence, PT Rimo International Lestari Tbk's Days Payable for the three months ended in Sep. 2019 was 1.01.

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

ISX:RIMO's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.38
* Ranked among companies with meaningful Days Payable only.

PT Rimo International Lestari Tbk's Days Payable declined from Sep. 2018 (2.74) to Sep. 2019 (1.01). It may suggest that PT Rimo International Lestari Tbk accelerated paying its suppliers.


PT Rimo International Lestari Tbk Days Payable Related Terms


PT Rimo International Lestari Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Rimo International Lestari 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.

PT Rimo International Lestari Tbk Days Payable Chart

PT Rimo International Lestari Tbk Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial 173,122.98 241,267.44 8,892.56 66.71 6.32

PT Rimo International Lestari Tbk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.74 3.26 3.04 2.22 1.01

PT Rimo International Lestari Tbk Days Payable Competitor Comparison

For the Real Estate - Development subindustry, PT Rimo International Lestari 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 Rimo International Lestari Tbk Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Rimo International Lestari Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Rimo International Lestari Tbk's Days Payable falls into.


ISX:RIMO
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PT Rimo International Lestari Tbk ISX:RIMO
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PT Rimo International Lestari 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 Rimo International Lestari Tbk's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (9385.865 + 1494.904) / 2 ) / 314414.317*365
=5440.3845 / 314414.317*365
=6.32

PT Rimo International Lestari Tbk's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (1619.706 + 1864.474) / 2 ) / 157818.16*365 / 4
=1742.09 / 157818.16*365 / 4
=1.01

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 1.01 mean?
PT Rimo International Lestari Tbk (ISX:RIMO) has a Days Payable of 1.01 as of Sep. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Rimo International Lestari Tbk and its competitors.
Is PT Rimo International Lestari Tbk's Days Payable too high?
PT Rimo International Lestari Tbk's current Days Payable is 1.01. The Real Estate industry median Days Payable is 94.38. PT Rimo International Lestari Tbk's value of 1.01 is 98.9% below this industry median. Overall, PT Rimo International Lestari Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Rimo International Lestari Tbk's Days Payable compare to competitors?
PT Rimo International Lestari Tbk's Days Payable of 1.01 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. PT Rimo International Lestari Tbk's value of 1.01 is 98.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,568 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Rimo International Lestari Tbk's current Days Payable of 1.01 is 98.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Rimo International Lestari Tbk and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rimo International Lestari Tbk's current Days Payable is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rimo International Lestari Tbk stock overvalued right now?
PT Rimo International Lestari Tbk (ISX:RIMO) has a current Days Payable of 1.01. The current Days Payable is 1.01 and 98.9% below the Real Estate industry median of 94.38. PT Rimo International Lestari Tbk's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For PT Rimo International Lestari Tbk (ISX:RIMO), the current Days Payable is 1.01 as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Rimo International Lestari Tbk Business Description

Address Jalan Jenderal Sudirman Kav.27, Mayapada Tower II Lantai 22, Jakarta, IDN, 12920
PT Rimo International Lestari Tbk is involved in the property business. It seeks to develop high quality integrated townships with modern infrastructure and amenities. The group is also involved in developing a diverse range of products from affordable to premium housing in order to reach out to a wide variety of customers, whilst assisting the government to realize its aspiration in making housing more accessible to the general public. It operates in three segments Department Store, Real Estate, and Service. The portfolio of the group includes various project such as South Hills Apartment, Puncak golf and resort, Kota Olympia, Gangnam Townhouse, Puuwatu Hills, Maestro Hotel and others. Geographically the activities are carried out through Indonesia.
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