PT Arkora Hydro Tbk (ISX:ARKO) Days Payable : 114.34 (As of Mar. 2024)

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What is PT Arkora Hydro Tbk Days Payable?

PT Arkora Hydro Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp30,876 Mil. PT Arkora Hydro Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp24,641 Mil. Hence, PT Arkora Hydro Tbk's Days Payable for the three months ended in Mar. 2024 was 114.34.

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

ISX:ARKO' s Days Payable Range Over the Past 10 Years
Min: 0.54 Med: 35.04 Max: 121.02
Current: 121.02

During the past 6 years, PT Arkora Hydro Tbk's highest Days Payable was 121.02. The lowest was 0.54. And the median was 35.04.

ISX:ARKO's Days Payable is ranked better than
63.17% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs ISX:ARKO: 121.02

PT Arkora Hydro Tbk's Days Payable increased from Mar. 2023 (35.73) to Mar. 2024 (114.34). It may suggest that PT Arkora Hydro Tbk delayed paying its suppliers.

PT Arkora Hydro Tbk Days Payable Historical Data

The historical data trend for PT Arkora Hydro 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 Arkora Hydro Tbk Days Payable Chart

PT Arkora Hydro Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5.04

0.54

60.59

61.44

72.94

PT Arkora Hydro Tbk Quarterly Data
	Dec18	Dec19	Dec20	Nov21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								35.73	120.30	336.86	78.14	114.34

Competitive Comparison of PT Arkora Hydro Tbk's Days Payable

For the Utilities - Renewable subindustry, PT Arkora Hydro 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 Arkora Hydro Tbk's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Arkora Hydro Tbk's Days Payable distribution charts can be found below:

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

PT Arkora Hydro 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 Arkora Hydro 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
=	( (11047.944	+	30845.111)	/	2 )	/	104821.918	*	365
=	20946.5275					/	104821.918	*	365
=	72.94

PT Arkora Hydro 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
=	( (30845.111	+	30906.811)	/	2 )	/	24640.562	*	365 / 4
=	30875.961					/	24640.562	*	365 / 4
=	114.34

PT Arkora Hydro Tbk Days Payable Related Terms

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PT Arkora Hydro Tbk (ISX:ARKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PT Arkora Hydro Tbk (ISX:ARKO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jend. Sudirman Kav. 52-53, Lot 28 SCBD, 21st Floor Unit C & D, Office 8 Building, Jakarta, IDN, 12190

Website

https://www.arkora-hydro.com

PT Arkora Hydro Tbk is dedicated to the development and operation of hydropower plants in Indonesia. It owns and develops hydropower plant facilities that operate in a run-of-river fashion throughout Indonesia. The run-of-river hydropower plant is the type of power plant whereby little or no water storage is needed. Several projects of the company are: Cikopo MHPP; Tomasa MHPP; Yaentu MHPP and Kukusan 2 MHPP. The Company consists of three reportable segments: the 7.4 MW mini hydro powerplant in Cikopo (West Java), the 10 MW mini hydro power plant in Tomasa (Sulawesi Tengah), and the 10 MW mini hydro power plant in Yaentu (Central Sulawesi).