PTrana Mitra Luas TBK (ISX:SMIL) Days Payable : 67.20 (As of Mar. 2024)

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What is PTrana Mitra Luas TBK Days Payable?

PTrana Mitra Luas TBK's average Accounts Payable for the three months ended in Mar. 2024 was Rp41,827 Mil. PTrana Mitra Luas TBK's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp56,799 Mil. Hence, PTrana Mitra Luas TBK's Days Payable for the three months ended in Mar. 2024 was 67.20.

The historical rank and industry rank for PTrana Mitra Luas TBK's Days Payable or its related term are showing as below:

ISX:SMIL' s Days Payable Range Over the Past 10 Years
Min: 36.84 Med: 49.57 Max: 268.79
Current: 268.79

During the past 5 years, PTrana Mitra Luas TBK's highest Days Payable was 268.79. The lowest was 36.84. And the median was 49.57.

ISX:SMIL's Days Payable is ranked better than
91.21% of 922 companies
in the Business Services industry
Industry Median: 47.71 vs ISX:SMIL: 268.79

PTrana Mitra Luas TBK's Days Payable increased from Dec. 2021 (0.00) to Mar. 2024 (67.20). It may suggest that PTrana Mitra Luas TBK delayed paying its suppliers.

PTrana Mitra Luas TBK Days Payable Historical Data

The historical data trend for PTrana Mitra Luas 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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PTrana Mitra Luas TBK Days Payable Chart

PTrana Mitra Luas TBK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

57.60

36.94

36.84

49.57

58.52

PTrana Mitra Luas TBK Quarterly Data
	Dec19	Dec20	Dec21	Oct22	Mar23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			-	-	-	-	67.20

Competitive Comparison of PTrana Mitra Luas TBK's Days Payable

For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.

PTrana Mitra Luas TBK's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's Days Payable distribution charts can be found below:

* The bar in red indicates where PTrana Mitra Luas TBK's Days Payable falls into.

PTrana Mitra Luas 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.

PTrana Mitra Luas 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
=	( (15997.418	+	51276.87)	/	2 )	/	209800.809	*	365
=	33637.144					/	209800.809	*	365
=	58.52

PTrana Mitra Luas 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
=	( (51276.87	+	32376.693)	/	2 )	/	56798.993	*	365 / 4
=	41826.7815					/	56798.993	*	365 / 4
=	67.20

PTrana Mitra Luas TBK Days Payable Related Terms

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PTrana Mitra Luas TBK (ISX:SMIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Sarana Mitra Luas TBK (ISX:SMIL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Gemalapik Pasirsari, Raya No. 130 – 111, Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530

Website

https://www.sml.co.id

PT Sarana Mitra Luas TBK is a forklift rental company. PT. Sarana Mitra Luas has become one of the leading forklift rental companies in Indonesia with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has one business segment, namely forklift rental services.

PTrana Mitra Luas TBK (ISX:SMIL) Headlines

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