PT Tigaraksatria Tbk (ISX:TGKA) Days Payable : 45.28 (As of Dec. 2024)

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What is PT Tigaraksatria Tbk Days Payable?

PT Tigaraksatria Tbk's average Accounts Payable for the three months ended in Dec. 2024 was Rp1,465,240 Mil. PT Tigaraksatria Tbk's Cost of Goods Sold for the three months ended in Dec. 2024 was Rp2,952,803 Mil. Hence, PT Tigaraksatria Tbk's Days Payable for the three months ended in Dec. 2024 was 45.28.

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

ISX:TGKA' s Days Payable Range Over the Past 10 Years
Min: 25.84 Med: 38.91 Max: 50.56
Current: 50.56

During the past 13 years, PT Tigaraksatria Tbk's highest Days Payable was 50.56. The lowest was 25.84. And the median was 38.91.

ISX:TGKA's Days Payable is ranked better than
56.86% of 306 companies
in the Retail - Defensive industry
Industry Median: 45.105 vs ISX:TGKA: 50.56

PT Tigaraksatria Tbk's Days Payable declined from Dec. 2023 (50.43) to Dec. 2024 (45.28). It may suggest that PT Tigaraksatria Tbk accelerated paying its suppliers.

PT Tigaraksatria Tbk Days Payable Historical Data

The historical data trend for PT Tigaraksatria 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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PT Tigaraksatria Tbk Days Payable Chart

PT Tigaraksatria Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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34.88

36.59

41.22

45.47

47.65

PT Tigaraksatria 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															50.43	50.72	57.11	51.94	45.28

Competitive Comparison of PT Tigaraksatria Tbk's Days Payable

For the Food Distribution subindustry, PT Tigaraksatria 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 Tigaraksatria Tbk's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, PT Tigaraksatria Tbk's Days Payable distribution charts can be found below:

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

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PT Tigaraksatria 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 Tigaraksatria 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
=	( (1629440	+	1522968)	/	2 )	/	12072973	*	365
=	1576204					/	12072973	*	365
=	47.65

PT Tigaraksatria 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
=	( (1407512	+	1522968)	/	2 )	/	2952803	*	365 / 4
=	1465240					/	2952803	*	365 / 4
=	45.28

PT Tigaraksatria Tbk Days Payable Related Terms

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PT Tigaraksatria Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » PT Tigaraksa Satria Tbk (ISX:TGKA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-9, Jalan H.R. Rasuna Said Kav., Setiabudi, Menara Duta Lantai 2 & 4, Jakarta, IDN, 12910

Website

https://www.tigaraksa.co.id

PT Tigaraksa Satria Tbk is engaged in the business of the sale and distribution of fast-moving consumer products (FMCP). The company operates through three divisions namely Food & consumer products, Gas (LPG) and other kitchen appliances, and Books. The divisions of the company are involved in the manufacturing and distribution of food and consumer products such as milk and nutritional baby products, gas stoves, gas refill services, blenders, rice cookers and educational and science books, and many more. The majority of its revenue comes from the Food & consumer products segment.

PT Tigaraksatria Tbk Headlines

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