GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Triputra Agro Persada Tbk (ISX:TAPG) » Definitions » Days Payable

PT Triputra Agro Persada Tbk (ISX:TAPG) Days Payable : 22.42 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is PT Triputra Agro Persada Tbk Days Payable?

PT Triputra Agro Persada Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp339,755 Mil. PT Triputra Agro Persada Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,382,684 Mil. Hence, PT Triputra Agro Persada Tbk's Days Payable for the three months ended in Mar. 2024 was 22.42.

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

ISX:TAPG' s Days Payable Range Over the Past 10 Years
Min: 24.52   Med: 37.51   Max: 43.83
Current: 28.78

During the past 7 years, PT Triputra Agro Persada Tbk's highest Days Payable was 43.83. The lowest was 24.52. And the median was 37.51.

ISX:TAPG's Days Payable is ranked worse than
73.5% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs ISX:TAPG: 28.78

PT Triputra Agro Persada Tbk's Days Payable declined from Mar. 2023 (38.97) to Mar. 2024 (22.42). It may suggest that PT Triputra Agro Persada Tbk accelerated paying its suppliers.


PT Triputra Agro Persada Tbk Days Payable Historical Data

The historical data trend for PT Triputra Agro Persada 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 Triputra Agro Persada Tbk Days Payable Chart

PT Triputra Agro Persada Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 40.35 37.51 25.52 24.52 24.91

PT Triputra Agro Persada Tbk Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.97 41.39 27.99 18.97 22.42

Competitive Comparison of PT Triputra Agro Persada Tbk's Days Payable

For the Farm Products subindustry, PT Triputra Agro Persada 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 Triputra Agro Persada Tbk's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Triputra Agro Persada Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Triputra Agro Persada Tbk's Days Payable falls into.



PT Triputra Agro Persada 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 Triputra Agro Persada 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
=( (489187 + 344540) / 2 ) / 6108590*365
=416863.5 / 6108590*365
=24.91

PT Triputra Agro Persada 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
=( (344540 + 334969) / 2 ) / 1382684*365 / 4
=339754.5 / 1382684*365 / 4
=22.42

* 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 Triputra Agro Persada Tbk Days Payable Related Terms

Thank you for viewing the detailed overview of PT Triputra Agro Persada Tbk's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Triputra Agro Persada Tbk (ISX:TAPG) Business Description

Traded in Other Exchanges
N/A
Address
Jalan DR. Ide Anak Agung Gde Agung, Kav. E.3-2, No. 1, The East Building, 23rd Floor, Kelurahan Kuningan Timur, Kecamatan Setiabudi, Jakarta Selatan, Jakarta, IDN, 12950
PT Triputra Agro Persada Tbk is a palm oil and rubber company located in Sumatera and Kalimantan. Together with its subsidiaries, it is committed towards producing high-quality crude palm oil and palm kernel products to meet domestic and foreign market needs. The company's operating segment includes Crude Palm oil and palm kernel and Rubber. It generates maximum revenue from the Crude Palm oil and palm kernel segment.

PT Triputra Agro Persada Tbk (ISX:TAPG) Headlines

No Headlines