PT Trada Alam Minera Tbk (ISX:TRAM) Days Payable: 0.00 (As of Dec. 2020)

What is PT Trada Alam Minera Tbk Days Payable?

PT Trada Alam Minera Tbk ISX:TRAM 4 Days Payable is 0.00 as of Dec. 2020. GuruFocus rates ISX:TRAM with a GF Score™ of 4/100.

PT Trada Alam Minera Tbk's average Accounts Payable for the three months ended in Dec. 2020 was Rp526,595 Mil. PT Trada Alam Minera Tbk's Cost of Goods Sold for the three months ended in Dec. 2020 was Rp0 Mil.

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

ISX:TRAM's Days Payable is not ranked ^*
in the Transportation industry.
Industry Median: 38.96
* Ranked among companies with meaningful Days Payable only.

PT Trada Alam Minera Tbk's Days Payable declined from Mar. 2019 (34.23) to Dec. 2020 (0.00). It may suggest that PT Trada Alam Minera Tbk accelerated paying its suppliers.

PT Trada Alam Minera Tbk Days Payable Related Terms

PT Trada Alam Minera Tbk Days Payable Historical Data

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The historical data trend for PT Trada Alam Minera 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 Trada Alam Minera Tbk Days Payable Chart

PT Trada Alam Minera Tbk Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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164.15

209.66

40.64

43.77

54.10

PT Trada Alam Minera Tbk Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Dec20
Days Payable	Get a 7-Day Free Trial															34.23	22.33	22.27	35.80	0.00

ISX:TRAM vs GNK, SALT, DSX: Days Payable Comparison

For the Marine Shipping subindustry, PT Trada Alam Minera 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 Trada Alam Minera Tbk Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, PT Trada Alam Minera Tbk's Days Payable distribution charts can be found below:

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

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PT Trada Alam Minera Tbk ISX:TRAM

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PT Trada Alam Minera 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 Trada Alam Minera Tbk's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (558566.358	+	494623.386)	/	2 )	/	3552706.751	*	365
=	526594.872					/	3552706.751	*	365
=	54.10

PT Trada Alam Minera Tbk's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

	Days Payable (Q: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2019 )	+	Accounts Payable (Q: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
=	( (558566.358	+	494623.386)	/	2 )	/	0	*	365 / 4
=	526594.872					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

PT Trada Alam Minera Tbk (ISX:TRAM) has a Days Payable of 0.00 as of Dec. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Trada Alam Minera Tbk and its competitors.

Is PT Trada Alam Minera Tbk's Days Payable too high?

PT Trada Alam Minera Tbk's current Days Payable is 0.00. Overall, PT Trada Alam Minera Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.

How does PT Trada Alam Minera Tbk's Days Payable compare to GNK and SALT?

PT Trada Alam Minera Tbk's Days Payable of 0.00 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.96. 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 Transportation company?

The median Days Payable among Transportation companies is 38.96, based on 963 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. 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 Trada Alam Minera Tbk and its competitors. For the Transportation industry, the median Days Payable is 38.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Trada Alam Minera Tbk's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is PT Trada Alam Minera Tbk stock overvalued right now?

PT Trada Alam Minera Tbk (ISX:TRAM) has a current Days Payable of 0.00. The current Days Payable is 0.00. PT Trada Alam Minera 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 Trada Alam Minera Tbk (ISX:TRAM), the current Days Payable is 0.00 as of Dec. 2020. 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 Trada Alam Minera Tbk Business Description

Industry Industrials Transportation

Comparable Companies SHSE:603329 GNK TPE:2208 BKK:PSL XLJU:LKPG SHSE:600279 TSX:LGT.B OSL:FJORD SHSE:603117 TSX:ALC SALT SHSE:600692 XBRU:EXM DSX TSE:9119 LSE:OCN HKSE:00517 TOO DSSI XKLS:5032

Address Jl. Melawai Raya Number 7, Kebayoran Baru, Wisma Amex Lantai 2, Jakarta, IDN, 12610

Website http://www.tram.co.id

PT Trada Alam Minera Tbk is a shipping company focusing on marine transportation services in the energy sector. The company is organized into the following operating segments, FSO Rental and Operating Services, Liquid Cargo Freight Service, Dry Bulk Cargo Freight Service, and Liquefied Natural Gas Freight Service. The main activities cover from operating and chartering vessels, ship management, logistic services as well as licensing and agency services. The company primarily serves oil and gas companies, as well as mining producers.

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