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PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Days Payable : 43.73 (As of Dec. 2023)


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What is PT Widodo Makmur Perkasa Tbk Days Payable?

PT Widodo Makmur Perkasa Tbk's average Accounts Payable for the three months ended in Dec. 2023 was Rp274,974 Mil. PT Widodo Makmur Perkasa Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp573,766 Mil. Hence, PT Widodo Makmur Perkasa Tbk's Days Payable for the three months ended in Dec. 2023 was 43.73.

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

ISX:WMPP' s Days Payable Range Over the Past 10 Years
Min: 59.36   Med: 93.19   Max: 111.17
Current: 92.11

During the past 6 years, PT Widodo Makmur Perkasa Tbk's highest Days Payable was 111.17. The lowest was 59.36. And the median was 93.19.

ISX:WMPP's Days Payable is ranked better than
71.86% of 469 companies
in the Conglomerates industry
Industry Median: 59.22 vs ISX:WMPP: 92.11

PT Widodo Makmur Perkasa Tbk's Days Payable declined from Dec. 2022 (44.72) to Dec. 2023 (43.73). It may suggest that PT Widodo Makmur Perkasa Tbk accelerated paying its suppliers.


PT Widodo Makmur Perkasa Tbk Days Payable Historical Data

The historical data trend for PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk Days Payable Chart

PT Widodo Makmur Perkasa Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 93.79 92.77 59.36 70.03 111.17

PT Widodo Makmur Perkasa Tbk Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 44.72 111.79 116.81 153.01 43.73

Competitive Comparison of PT Widodo Makmur Perkasa Tbk's Days Payable

For the Conglomerates subindustry, PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Widodo Makmur Perkasa Tbk's Days Payable distribution charts can be found below:

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



PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa 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
=( (504063.65 + 274101.673) / 2 ) / 1277502.673*365
=389082.6615 / 1277502.673*365
=111.17

PT Widodo Makmur Perkasa 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
=( (275846.528 + 274101.673) / 2 ) / 573766.456*365 / 4
=274974.1005 / 573766.456*365 / 4
=43.73

* 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 Widodo Makmur Perkasa Tbk Days Payable Related Terms

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PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Raya Cilangkap, No. 58 Cilangkap, Cipayung East, East Jakarta, IDN, 13870
PT Widodo Makmur Perkasa Tbk is a company engaged in the consumer goods and agricultural commodities sector. It has five integrated business lines, namely Integrated Cattle Farm, Meat Processing, Integrated Poultry Farm, Agriculture Commodities, and Construction and Renewable Energy.

PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Headlines

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