PTrana Menara Nusantara Tbk (ISX:TOWR) Days Payable : 97.50 (As of Dec. 2023)

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What is PTrana Menara Nusantara Tbk Days Payable?

PTrana Menara Nusantara Tbk's average Accounts Payable for the three months ended in Dec. 2023 was Rp1,134,846 Mil. PTrana Menara Nusantara Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp1,062,053 Mil. Hence, PTrana Menara Nusantara Tbk's Days Payable for the three months ended in Dec. 2023 was 97.50.

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

ISX:TOWR' s Days Payable Range Over the Past 10 Years
Min: 53.13 Med: 104.72 Max: 302.83
Current: 92.6

During the past 13 years, PTrana Menara Nusantara Tbk's highest Days Payable was 302.83. The lowest was 53.13. And the median was 104.72.

ISX:TOWR's Days Payable is ranked worse than
53.6% of 347 companies
in the Telecommunication Services industry
Industry Median: 101.41 vs ISX:TOWR: 92.60

PTrana Menara Nusantara Tbk's Days Payable declined from Dec. 2022 (117.63) to Dec. 2023 (97.50). It may suggest that PTrana Menara Nusantara Tbk accelerated paying its suppliers.

PTrana Menara Nusantara Tbk Days Payable Historical Data

The historical data trend for PTrana Menara Nusantara 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 Menara Nusantara Tbk Days Payable Chart

PTrana Menara Nusantara Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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134.35

103.57

82.40

85.22

105.86

PTrana Menara Nusantara Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															117.63	83.82	75.73	97.43	97.50

Competitive Comparison of PTrana Menara Nusantara Tbk's Days Payable

For the Telecom Services subindustry, PTrana Menara Nusantara 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 Menara Nusantara Tbk's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PTrana Menara Nusantara Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PTrana Menara Nusantara Tbk's Days Payable falls into.

PTrana Menara Nusantara 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 Menara Nusantara 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
=	( (839297	+	1206943)	/	2 )	/	3527754	*	365
=	1023120					/	3527754	*	365
=	105.86

PTrana Menara Nusantara Tbk's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1062749	+	1206943)	/	2 )	/	1062053	*	365 / 4
=	1134846					/	1062053	*	365 / 4
=	97.50

PTrana Menara Nusantara Tbk Days Payable Related Terms

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PTrana Menara Nusantara Tbk (ISX:TOWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Sarana Menara Nusantara Tbk (ISX:TOWR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SMNUF:USA

Address

Jalan Jenderal Ahmad Yani No. 19A, Central Java, Kudus, IDN

Website

https://www.ptsmn.co.id

PT Sarana Menara Nusantara Tbk is an investment company. It invests in companies that are engaged in leasing space, owning and operating telecommunication towers for wireless operators in Indonesia under long-term lease agreements. The company owns and operates over 19,000 towers in Indonesia. Its business segments include Tower rental and Other services (VSAT service, and MWIFO). The majority of the company's revenue is generated from Tower Rental.