PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Days Payable : 27.64 (As of Dec. 2023)

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What is PT Indo Tambangraya Megah Tbk Days Payable?

PT Indo Tambangraya Megah Tbk's average Accounts Payable for the three months ended in Dec. 2023 was $126 Mil. PT Indo Tambangraya Megah Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $417 Mil. Hence, PT Indo Tambangraya Megah Tbk's Days Payable for the three months ended in Dec. 2023 was 27.64.

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

ITAYY' s Days Payable Range Over the Past 10 Years
Min: 23.1 Med: 37.37 Max: 43.24
Current: 28.26

During the past 13 years, PT Indo Tambangraya Megah Tbk's highest Days Payable was 43.24. The lowest was 23.10. And the median was 37.37.

ITAYY's Days Payable is ranked worse than
80.16% of 126 companies
in the Other Energy Sources industry
Industry Median: 66.375 vs ITAYY: 28.26

PT Indo Tambangraya Megah Tbk's Days Payable increased from Dec. 2022 (21.61) to Dec. 2023 (27.64). It may suggest that PT Indo Tambangraya Megah Tbk delayed paying its suppliers.

PT Indo Tambangraya Megah Tbk Days Payable Historical Data

The historical data trend for PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk Days Payable Chart

PT Indo Tambangraya Megah Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.74

26.04

23.22

24.05

28.43

PT Indo Tambangraya Megah Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															21.61	27.25	24.81	32.53	27.64

Competitive Comparison of PT Indo Tambangraya Megah Tbk's Days Payable

For the Thermal Coal subindustry, PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Indo Tambangraya Megah Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Indo Tambangraya Megah Tbk's Days Payable falls into.

PT Indo Tambangraya Megah 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 Indo Tambangraya Megah 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
=	( (144.276	+	109.951)	/	2 )	/	1631.773	*	365
=	127.1135					/	1631.773	*	365
=	28.43

PT Indo Tambangraya Megah 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
=	( (142.657	+	109.951)	/	2 )	/	417.041	*	365 / 4
=	126.304					/	417.041	*	365 / 4
=	27.64

PT Indo Tambangraya Megah Tbk Days Payable Related Terms

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PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Indo Tambangraya Megah Tbk (OTCPK:ITAYY) » Definitions » Days Payable

Traded in Other Exchanges

PTIZF:USA ITMG:Indonesia 3IB:Germany

Address

Jalan Sultan Iskandar Muda, Pondok Indah Office Tower III, 3rd Floor, Kav V-TA, Jakarta, IDN, 12310

Website

https://www.itmg.co.id

PT Indo Tambangraya Megah Tbk is an Indonesia-based coal mining company. It operates in three segments: Upstream business, which includes coal mining, blending, and sales; Energy supply chain management segment includes fuel distribution, sales, and logistics, as well as empowerment of internal mining contractors; and Downstream segment includes the development of power plants and renewable energy ventures. The company's geographical segments include Taiwan, China, Hong Kong, and Korea; Domestic; South East Asia (excluding Indonesia), India, and Pakistan; Japan; Europe; and Australia & Oceania.

PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Headlines

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