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PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Days Payable : 237.23 (As of Mar. 2024)


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What is PT Wijaya Karya (Persero) Tbk Days Payable?

PT Wijaya Karya (Persero) Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp8,440,895 Mil. PT Wijaya Karya (Persero) Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp3,246,831 Mil. Hence, PT Wijaya Karya (Persero) Tbk's Days Payable for the three months ended in Mar. 2024 was 237.23.

The historical rank and industry rank for PT Wijaya Karya (Persero) Tbk's Days Payable or its related term are showing as below:

ISX:WIKA' s Days Payable Range Over the Past 10 Years
Min: 105.37   Med: 177.36   Max: 347.74
Current: 202.24

During the past 13 years, PT Wijaya Karya (Persero) Tbk's highest Days Payable was 347.74. The lowest was 105.37. And the median was 177.36.

ISX:WIKA's Days Payable is ranked better than
82.38% of 1606 companies
in the Construction industry
Industry Median: 76.53 vs ISX:WIKA: 202.24

PT Wijaya Karya (Persero) Tbk's Days Payable declined from Mar. 2023 (292.62) to Mar. 2024 (237.23). It may suggest that PT Wijaya Karya (Persero) Tbk accelerated paying its suppliers.


PT Wijaya Karya (Persero) Tbk Days Payable Historical Data

The historical data trend for PT Wijaya Karya (Persero) 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.

* Premium members only.

PT Wijaya Karya (Persero) Tbk Days Payable Chart

PT Wijaya Karya (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 221.39 347.74 312.58 247.80 200.03

PT Wijaya Karya (Persero) Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 292.62 264.55 213.59 149.24 237.23

Competitive Comparison of PT Wijaya Karya (Persero) Tbk's Days Payable

For the Engineering & Construction subindustry, PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) Tbk's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Wijaya Karya (Persero) Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Wijaya Karya (Persero) Tbk's Days Payable falls into.



PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) 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
=( (12816199.356 + 9836826.496) / 2 ) / 20668209.416*365
=11326512.926 / 20668209.416*365
=200.03

PT Wijaya Karya (Persero) Tbk's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (9836826.496 + 7044962.736) / 2 ) / 3246831.117*365 / 4
=8440894.616 / 3246831.117*365 / 4
=237.23

* 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 Wijaya Karya (Persero) Tbk Days Payable Related Terms

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PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan D.I. Panjaitan Kav. 9-10, WIKA Tower 1 & 2, Jakarta, IDN, 13340
PT Wijaya Karya (Persero) Tbk is an engineering and construction firm focusing on construction, large infrastructure projects, energy plants, real estate, and other developments. It constructs transportation networks for public systems and builds residential and commercial buildings for various end markets. The company works throughout the entire construction process, from planning and design to building and repairing existing structures. Wijaya Karya has five business segments: infrastructure and buildings, energy and industrial plants, Investment, realty and property, and industry. The company is controlled by the Indonesian government.

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Headlines

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