PT Sugih Energy Tbk (ISX:SUGI) Days Payable: 27,342.22 (As of Sep. 2018)


What is PT Sugih Energy Tbk Days Payable?

PT Sugih Energy Tbk ISX:SUGI Days Payable is 27,342.22 as of Sep. 2018.

PT Sugih Energy Tbk's average Accounts Payable for the three months ended in Sep. 2018 was Rp124,734 Mil. PT Sugih Energy Tbk's Cost of Goods Sold for the three months ended in Sep. 2018 was Rp416 Mil. Hence, PT Sugih Energy Tbk's Days Payable for the three months ended in Sep. 2018 was 27,342.22.

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

ISX:SUGI's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 58.145
* Ranked among companies with meaningful Days Payable only.

PT Sugih Energy Tbk's Days Payable increased from Sep. 2017 (0.00) to Sep. 2018 (27,342.22). It may suggest that PT Sugih Energy Tbk delayed paying its suppliers.

PT Sugih Energy Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Sugih Energy 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 Sugih Energy Tbk Days Payable Chart

PT Sugih Energy Tbk Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 804.73 1,374.96 2,699.26 3,777.52 33,605.51

PT Sugih Energy Tbk Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.00 371,595.57 20,796.68 43,724.00 27,342.22

ISX:SUGI vs AE, ECT, TRNX: Days Payable Comparison

For the Oil & Gas E&P subindustry, PT Sugih Energy 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 Sugih Energy Tbk Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Sugih Energy Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Sugih Energy Tbk's Days Payable falls into.


PT Sugih Energy 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 Sugih Energy Tbk's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (121415.825 + 118197.542) / 2 ) / 1301.258*365
=119806.6835 / 1301.258*365
=33,605.51

PT Sugih Energy Tbk's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (121283.956 + 128183.781) / 2 ) / 416.278*365 / 4
=124733.8685 / 416.278*365 / 4
=27,342.22

* 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 27,342.22 mean?
PT Sugih Energy Tbk (ISX:SUGI) has a Days Payable of 27,342.22 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Sugih Energy Tbk and its competitors.
Is PT Sugih Energy Tbk's Days Payable too high?
PT Sugih Energy Tbk's current Days Payable is 27,342.22. The Oil & Gas industry median Days Payable is 58.15. PT Sugih Energy Tbk's value of 27,342.22 is 46924.2% above this industry median.
How does PT Sugih Energy Tbk's Days Payable compare to AE and ECT?
PT Sugih Energy Tbk's Days Payable of 27,342.22 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 58.15. PT Sugih Energy Tbk's value of 27,342.22 is 46924.2% above 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.15, based on 852 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 Sugih Energy Tbk's current Days Payable of 27,342.22 is 46924.2% above 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 Sugih Energy Tbk and its competitors. For the Oil & Gas industry, the median Days Payable is 58.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sugih Energy Tbk's current Days Payable is 27,342.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sugih Energy Tbk stock overvalued right now?
PT Sugih Energy Tbk (ISX:SUGI) has a current Days Payable of 27,342.22. The current Days Payable is 27,342.22 and 46924.2% above the Oil & Gas industry median of 58.15. 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 Sugih Energy Tbk (ISX:SUGI), the current Days Payable is 27,342.22 as of Sep. 2018. 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 Sugih Energy Tbk Business Description

Industry EnergyOil & Gas
Address Jalan TB. Simatupang No.5, Gedung AD Premier 17th Floor, Ragunan Pasar Minggu, Jakarta Selatan, IDN, 12550
PT Sugih Energy Tbk is an Indonesia-based energy manufacturer. The company primarily engages in oil and gas exploration, and production. It holds interests in Lemang block, Selat Panjang block, and Kalyani block.