PT Triniti Dinamik Tbk (ISX:TRUE) Days Payable: 19.73 (As of Dec. 2019)


ISX:TRUE PT Triniti Dinamik Tbk ISX:TRUE
22 GF Score
Price Rp50.00
View Full Analysis

What is PT Triniti Dinamik Tbk Days Payable?

PT Triniti Dinamik Tbk ISX:TRUE 22 Days Payable is 19.73 as of Dec. 2019. GuruFocus rates ISX:TRUE with a GF Score™ of 22/100.

PT Triniti Dinamik Tbk's average Accounts Payable for the six months ended in Dec. 2019 was Rp8,517 Mil. PT Triniti Dinamik Tbk's Cost of Goods Sold for the six months ended in Dec. 2019 was Rp157,584 Mil. Hence, PT Triniti Dinamik Tbk's Days Payable for the six months ended in Dec. 2019 was 9.86.

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

ISX:TRUE's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 93.66
* Ranked among companies with meaningful Days Payable only.

PT Triniti Dinamik Tbk's Days Payable increased from Dec. 2017 (2.44) to Dec. 2019 (19.73). It may suggest that PT Triniti Dinamik Tbk delayed paying its suppliers.

PT Triniti Dinamik Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Triniti Dinamik 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 Triniti Dinamik Tbk Days Payable Chart

PT Triniti Dinamik Tbk Annual Data
Trend Dec17 Dec18 Dec19
Days Payable
2.44 23.93 19.73

PT Triniti Dinamik Tbk Semi-Annual Data
Dec17 Dec18 Dec19
Days Payable 2.44 23.93 19.73

PT Triniti Dinamik Tbk Days Payable Competitor Comparison

For the Real Estate - Development subindustry, PT Triniti Dinamik 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 Triniti Dinamik Tbk Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Triniti Dinamik Tbk's Days Payable distribution charts can be found below:

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


ISX:TRUE
22GF Score
PT Triniti Dinamik Tbk ISX:TRUE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Triniti Dinamik 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 Triniti Dinamik Tbk's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (16334.093 + 700.13) / 2 ) / 157583.844*365
=8517.1115 / 157583.844*365
=19.73

PT Triniti Dinamik Tbk's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

Days Payable (Q: Dec. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (16334.093 + 700.13) / 2 ) / 157583.844*365 / 2
=8517.1115 / 157583.844*365 / 2
=9.86

* 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 19.73 mean?
PT Triniti Dinamik Tbk (ISX:TRUE) has a Days Payable of 19.73 as of Dec. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Triniti Dinamik Tbk and its competitors.
Is PT Triniti Dinamik Tbk's Days Payable too high?
PT Triniti Dinamik Tbk's current Days Payable is 19.73. The Real Estate industry median Days Payable is 93.66. PT Triniti Dinamik Tbk's value of 19.73 is 78.9% below this industry median. Overall, PT Triniti Dinamik Tbk has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does PT Triniti Dinamik Tbk's Days Payable compare to competitors?
PT Triniti Dinamik Tbk's Days Payable of 19.73 can be compared against companies in the Real Estate industry. The industry median Days Payable is 93.66. PT Triniti Dinamik Tbk's value of 19.73 is 78.9% below 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.66, based on 1,572 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 Triniti Dinamik Tbk's current Days Payable of 19.73 is 78.9% below 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 Triniti Dinamik Tbk and its competitors. For the Real Estate industry, the median Days Payable is 93.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Triniti Dinamik Tbk's current Days Payable is 19.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Triniti Dinamik Tbk stock overvalued right now?
PT Triniti Dinamik Tbk (ISX:TRUE) has a current Days Payable of 19.73. The current Days Payable is 19.73 and 78.9% below the Real Estate industry median of 93.66. PT Triniti Dinamik Tbk's overall GF Score™ is 22/100. 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 Triniti Dinamik Tbk (ISX:TRUE), the current Days Payable is 19.73 as of Dec. 2019. 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 Triniti Dinamik Tbk Business Description

Address Jl. Letjen. S.Parman Kav. 28, APL Tower, 10th Floor, Unit T9, Grogol Petamburan, Jakarta, IDN, 11470
PT Triniti Dinamik Tbk is a real estate and property developer company in Indonesia. Its projects include Springwood Residence, The Smith, Yukata Suites, Collins Boulevard, District East, and others.
22GF Score

Get the complete analysis for ISX:TRUE

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp50.00
Price