PT Indosterling technomedia Tbk (ISX:TECH) Days Payable: 87.97 (As of Mar. 2023)


ISX:TECH PT Indosterling technomedia Tbk ISX:TECH
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What is PT Indosterling technomedia Tbk Days Payable?

PT Indosterling technomedia Tbk ISX:TECH 4 Days Payable is 87.97 as of Mar. 2023. GuruFocus rates ISX:TECH with a GF Score™ of 4/100.

PT Indosterling technomedia Tbk's average Accounts Payable for the three months ended in Mar. 2023 was Rp248 Mil. PT Indosterling technomedia Tbk's Cost of Goods Sold for the three months ended in Mar. 2023 was Rp257 Mil. Hence, PT Indosterling technomedia Tbk's Days Payable for the three months ended in Mar. 2023 was 87.97.

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

ISX:TECH's Days Payable is not ranked *
in the Software industry.
Industry Median: 54.01
* Ranked among companies with meaningful Days Payable only.

PT Indosterling technomedia Tbk's Days Payable increased from Mar. 2022 (21.60) to Mar. 2023 (87.97). It may suggest that PT Indosterling technomedia Tbk delayed paying its suppliers.

PT Indosterling technomedia Tbk Days Payable Related Terms

PT Indosterling technomedia Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Indosterling technomedia 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 Indosterling technomedia Tbk Days Payable Chart

PT Indosterling technomedia Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Payable
88.19 75.65 49.51 75.55

PT Indosterling technomedia Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 21.60 0.00 41.48 801.32 87.97

ISX:TECH vs ACN, IBM, FISV: Days Payable Comparison

For the Information Technology Services subindustry, PT Indosterling technomedia 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 Indosterling technomedia Tbk Days Payable vs Software Industry

For the Software industry and Technology sector, PT Indosterling technomedia Tbk's Days Payable distribution charts can be found below:

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


ISX:TECH
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PT Indosterling technomedia Tbk ISX:TECH
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PT Indosterling technomedia 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 Indosterling technomedia Tbk's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (217.678 + 279) / 2 ) / 1199.797*365
=248.339 / 1199.797*365
=75.55

PT Indosterling technomedia Tbk's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (279 + 216.92) / 2 ) / 257.218*365 / 4
=247.96 / 257.218*365 / 4
=87.97

* 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 87.97 mean?
PT Indosterling technomedia Tbk (ISX:TECH) has a Days Payable of 87.97 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Indosterling technomedia Tbk and its competitors.
Is PT Indosterling technomedia Tbk's Days Payable too high?
PT Indosterling technomedia Tbk's current Days Payable is 87.97. The Software industry median Days Payable is 54.01. PT Indosterling technomedia Tbk's value of 87.97 is 62.9% above this industry median. Overall, PT Indosterling technomedia Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Indosterling technomedia Tbk's Days Payable compare to ACN and IBM?
PT Indosterling technomedia Tbk's Days Payable of 87.97 can be compared against companies in the Software industry. The industry median Days Payable is 54.01. PT Indosterling technomedia Tbk's value of 87.97 is 62.9% 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 a Software company?
The median Days Payable among Software companies is 54.01, based on 2,601 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 Indosterling technomedia Tbk's current Days Payable of 87.97 is 62.9% 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 Indosterling technomedia Tbk and its competitors. For the Software industry, the median Days Payable is 54.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indosterling technomedia Tbk's current Days Payable is 87.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indosterling technomedia Tbk stock overvalued right now?
PT Indosterling technomedia Tbk (ISX:TECH) has a current Days Payable of 87.97. The current Days Payable is 87.97 and 62.9% above the Software industry median of 54.01. PT Indosterling technomedia 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 Indosterling technomedia Tbk (ISX:TECH), the current Days Payable is 87.97 as of Mar. 2023. 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 Indosterling technomedia Tbk Business Description

Address Jl. Jembatan Tiga 38 Blok B Nomor 11, RT 002/RW 011, Kelurahan Pejagalan, Kecamatan Penjaringan, Jakarta, Utara, IDN, 10270
PT Indosterling technomedia Tbk is a technology company. It provides a diversified portfolio of information technology and digital services under six segments namely Digital Publishing; Hyperlocal Directory; Point of Sales; Financial Marketing Platform; Learning Management Service; and IT Consulting & Development. The business segments, consist of: Digital Publishing, Hyperlocal Directory, Point of Sales, Financial Marketing Platform, Integrated campus management solution, IT Consulting & Development.
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