PT Solusi Bangun Indonesia Tbk (PT Solusi Bangun Indonesia Tbk) Days Payable : 160.83 (As of Mar. 2024)

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What is PT Solusi Bangun Indonesia Tbk Days Payable?

PT Solusi Bangun Indonesia Tbk's average Accounts Payable for the three months ended in Mar. 2024 was $263.3 Mil. PT Solusi Bangun Indonesia Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was $149.4 Mil. Hence, PT Solusi Bangun Indonesia Tbk's Days Payable for the three months ended in Mar. 2024 was 160.83.

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

PTHIY' s Days Payable Range Over the Past 10 Years
Min: 53.14 Med: 64.56 Max: 159.42
Current: 147.5

During the past 13 years, PT Solusi Bangun Indonesia Tbk's highest Days Payable was 159.42. The lowest was 53.14. And the median was 64.56.

PTHIY's Days Payable is ranked better than
80.27% of 375 companies
in the Building Materials industry
Industry Median: 66.04 vs PTHIY: 147.50

PT Solusi Bangun Indonesia Tbk's Days Payable increased from Mar. 2023 (151.55) to Mar. 2024 (160.83). It may suggest that PT Solusi Bangun Indonesia Tbk delayed paying its suppliers.

PT Solusi Bangun Indonesia Tbk Days Payable Historical Data

The historical data trend for PT Solusi Bangun Indonesia 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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PT Solusi Bangun Indonesia Tbk Days Payable Chart

PT Solusi Bangun Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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67.68

99.24

112.13

147.10

157.86

PT Solusi Bangun Indonesia 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															151.55	157.56	135.46	143.60	160.83

Competitive Comparison of PT Solusi Bangun Indonesia Tbk's Days Payable

For the Building Materials subindustry, PT Solusi Bangun Indonesia 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 Solusi Bangun Indonesia Tbk's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Solusi Bangun Indonesia Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Solusi Bangun Indonesia Tbk's Days Payable falls into.

PT Solusi Bangun Indonesia 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 Solusi Bangun Indonesia 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
=	( (260.707	+	277.784)	/	2 )	/	622.553	*	365
=	269.2455					/	622.553	*	365
=	157.86

PT Solusi Bangun Indonesia 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
=	( (277.784	+	248.729)	/	2 )	/	149.368	*	365 / 4
=	263.2565					/	149.368	*	365 / 4
=	160.83

PT Solusi Bangun Indonesia Tbk Days Payable Related Terms

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PT Solusi Bangun Indonesia Tbk (PT Solusi Bangun Indonesia Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Solusi Bangun Indonesia Tbk (OTCPK:PTHIY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SMCB:Indonesia RU6:Germany

Address

Jl. TB Simatupang No. 22-26, Talavera Suite, 15th floor, Talavera Office Park, Jakarta, IDN, 12430

Website

https://www.solusibangunindonesia.com

PT Solusi Bangun Indonesia Tbk is a building materials company. The company produces and distributes cement and ready-mixed concrete in three primary segments: Cement, Ready-Mix (RMX) Concrete & Aggregate quarry, and Other construction services. The cement segment generates the vast majority of the revenue. Geographically, it generates the majority of revenue from the domestic market.

PT Solusi Bangun Indonesia Tbk (PT Solusi Bangun Indonesia Tbk) Headlines

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