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PT Superkrane Mitra Utama Tbk (ISX:SKRN) Days Payable : 80.77 (As of Dec. 2024)


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What is PT Superkrane Mitra Utama Tbk Days Payable?

PT Superkrane Mitra Utama Tbk's average Accounts Payable for the three months ended in Dec. 2024 was Rp195,340 Mil. PT Superkrane Mitra Utama Tbk's Cost of Goods Sold for the three months ended in Dec. 2024 was Rp220,697 Mil. Hence, PT Superkrane Mitra Utama Tbk's Days Payable for the three months ended in Dec. 2024 was 80.77.

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

ISX:SKRN' s Days Payable Range Over the Past 10 Years
Min: 18.39   Med: 26.2   Max: 187.45
Current: 178.37

During the past 10 years, PT Superkrane Mitra Utama Tbk's highest Days Payable was 187.45. The lowest was 18.39. And the median was 26.20.

ISX:SKRN's Days Payable is ranked better than
86.9% of 916 companies
in the Business Services industry
Industry Median: 45.96 vs ISX:SKRN: 178.37

PT Superkrane Mitra Utama Tbk's Days Payable declined from Dec. 2023 (465.37) to Dec. 2024 (80.77). It may suggest that PT Superkrane Mitra Utama Tbk accelerated paying its suppliers.


PT Superkrane Mitra Utama Tbk Days Payable Historical Data

The historical data trend for PT Superkrane Mitra Utama 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 Superkrane Mitra Utama Tbk Days Payable Chart

PT Superkrane Mitra Utama Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.99 28.39 20.90 187.45 135.64

PT Superkrane Mitra Utama Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 465.37 252.92 157.84 376.89 80.77

Competitive Comparison of PT Superkrane Mitra Utama Tbk's Days Payable

For the Rental & Leasing Services subindustry, PT Superkrane Mitra Utama 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 Superkrane Mitra Utama Tbk's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PT Superkrane Mitra Utama Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Superkrane Mitra Utama Tbk's Days Payable falls into.


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PT Superkrane Mitra Utama 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 Superkrane Mitra Utama Tbk's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (583877.566 + 44609.27) / 2 ) / 845583.881*365
=314243.418 / 845583.881*365
=135.64

PT Superkrane Mitra Utama Tbk's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (346070.696 + 44609.27) / 2 ) / 220697.005*365 / 4
=195339.983 / 220697.005*365 / 4
=80.77

* 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 Superkrane Mitra Utama Tbk Days Payable Related Terms

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PT Superkrane Mitra Utama Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Cakung CIlincing No 9B & 43, North Jakarta, Jakarta, IDN, 14130
PT Superkrane Mitra Utama Tbk is an Indonesia-based company, focused on the heavy equipment rental business. It is engaged in providing and leasing heavy lifting equipment and providing lifting & rigging solutions for the construction/infrastructure, mining, petrochemical, power plant, and other industries that require heavy equipment lifting services. It has two segments Crane rental and Construction. It generates the majority of its revenue from Crane rental.

PT Superkrane Mitra Utama Tbk Headlines

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