PT Digital Mediatama Maxima Tbk (ISX:DMMX) Days Payable : 19.85 (As of Mar. 2024)

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What is PT Digital Mediatama Maxima Tbk Days Payable?

PT Digital Mediatama Maxima Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp68,416 Mil. PT Digital Mediatama Maxima Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp314,563 Mil. Hence, PT Digital Mediatama Maxima Tbk's Days Payable for the three months ended in Mar. 2024 was 19.85.

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

ISX:DMMX' s Days Payable Range Over the Past 10 Years
Min: 13.85 Med: 25.07 Max: 97.19
Current: 15.06

During the past 8 years, PT Digital Mediatama Maxima Tbk's highest Days Payable was 97.19. The lowest was 13.85. And the median was 25.07.

ISX:DMMX's Days Payable is ranked worse than
92.48% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs ISX:DMMX: 15.06

PT Digital Mediatama Maxima Tbk's Days Payable increased from Mar. 2023 (12.60) to Mar. 2024 (19.85). It may suggest that PT Digital Mediatama Maxima Tbk delayed paying its suppliers.

PT Digital Mediatama Maxima Tbk Days Payable Historical Data

The historical data trend for PT Digital Mediatama Maxima 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 Digital Mediatama Maxima Tbk Days Payable Chart

PT Digital Mediatama Maxima Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.52

22.62

13.85

16.05

17.29

PT Digital Mediatama Maxima 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															12.60	11.36	17.91	16.75	19.85

Competitive Comparison of PT Digital Mediatama Maxima Tbk's Days Payable

For the Advertising Agencies subindustry, PT Digital Mediatama Maxima 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 Digital Mediatama Maxima Tbk's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Digital Mediatama Maxima Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Digital Mediatama Maxima Tbk's Days Payable falls into.

PT Digital Mediatama Maxima 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 Digital Mediatama Maxima 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
=	( (115354.65	+	61244.672)	/	2 )	/	1864327.426	*	365
=	88299.661					/	1864327.426	*	365
=	17.29

PT Digital Mediatama Maxima 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
=	( (61244.672	+	75586.489)	/	2 )	/	314562.71	*	365 / 4
=	68415.5805					/	314562.71	*	365 / 4
=	19.85

PT Digital Mediatama Maxima Tbk Days Payable Related Terms

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PT Digital Mediatama Maxima Tbk (ISX:DMMX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT Digital Mediatama Maxima Tbk (ISX:DMMX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jend. Gatot Subroto Kav. 1-3, Mangkuluhur City Tower One, 18th Floor, Karet Semanggi, Jakarta Selatan, DKI Jakarta, Jakarta, IDN, 12930

Website

https://www.dmmgroup.id

PT Digital Mediatama Maxima Tbk s a digital trade marketing and cloud advertising exchange platform providing end-to-end services from content management and programmatic advertising to a sales acquisition program. The company's operating segment includes trade marketing; hardware sales; manage services; infrastructure as a service and an advertising exchange hub. The company generates maximum revenue from the trade marketing segment.

PT Digital Mediatama Maxima Tbk (ISX:DMMX) Headlines

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