PT Bukit Asam Tbk (PT Bukit Asam Tbk) Days Payable : 27.65 (As of Dec. 2023)

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What is PT Bukit Asam Tbk Days Payable?

PT Bukit Asam Tbk's average Accounts Payable for the three months ended in Dec. 2023 was $148 Mil. PT Bukit Asam Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $488 Mil. Hence, PT Bukit Asam Tbk's Days Payable for the three months ended in Dec. 2023 was 27.65.

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

TBNGY' s Days Payable Range Over the Past 10 Years
Min: 20.28 Med: 24.79 Max: 32.18
Current: 28.17

During the past 13 years, PT Bukit Asam Tbk's highest Days Payable was 32.18. The lowest was 20.28. And the median was 24.79.

TBNGY's Days Payable is ranked worse than
80.95% of 126 companies
in the Other Energy Sources industry
Industry Median: 66.375 vs TBNGY: 28.17

PT Bukit Asam Tbk's Days Payable increased from Dec. 2022 (25.45) to Dec. 2023 (27.65). It may suggest that PT Bukit Asam Tbk delayed paying its suppliers.

PT Bukit Asam Tbk Days Payable Historical Data

The historical data trend for PT Bukit Asam 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 Bukit Asam Tbk Days Payable Chart

PT Bukit Asam Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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26.08

24.78

22.86

24.67

24.76

PT Bukit Asam 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															25.45	26.07	31.95	30.47	27.65

Competitive Comparison of PT Bukit Asam Tbk's Days Payable

For the Thermal Coal subindustry, PT Bukit Asam 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 Bukit Asam Tbk's Days Payable Distribution in the Other Energy Sources Industry

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

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

PT Bukit Asam 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 Bukit Asam 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
=	( (123.058	+	135.067)	/	2 )	/	1902.67	*	365
=	129.0625					/	1902.67	*	365
=	24.76

PT Bukit Asam 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
=	( (160.423	+	135.067)	/	2 )	/	487.671	*	365 / 4
=	147.745					/	487.671	*	365 / 4
=	27.65

PT Bukit Asam Tbk Days Payable Related Terms

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PT Bukit Asam Tbk (PT Bukit Asam Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Bukit Asam Tbk (OTCPK:TBNGY) » Definitions » Days Payable

Traded in Other Exchanges

PBATF:USA PTBA:Indonesia TBA:Germany

Address

Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, Palembang, IDN, 31716

Website

https://www.ptba.co.id

PT Bukit Asam Tbk is an Indonesia-based company engaged in the coal mining industry and related activities, including general probing, exploration, exploitation, processing, transportation, and trading, managing coal port facilities for own needs or other parties, operating coal-fired power plants for own needs and other parties, and providing consulting and engineering services related to the coal mining industry and its processed products, plantation development, and health services. The company earns a majority of its revenue from Indonesia.

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