PT Dharma Polimetal Tbk (ISX:DRMA) Days Payable : 46.15 (As of Mar. 2024)

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What is PT Dharma Polimetal Tbk Days Payable?

PT Dharma Polimetal Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp550,578 Mil. PT Dharma Polimetal Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,088,650 Mil. Hence, PT Dharma Polimetal Tbk's Days Payable for the three months ended in Mar. 2024 was 46.15.

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

ISX:DRMA' s Days Payable Range Over the Past 10 Years
Min: 41.39 Med: 52.87 Max: 62.13
Current: 47.36

During the past 6 years, PT Dharma Polimetal Tbk's highest Days Payable was 62.13. The lowest was 41.39. And the median was 52.87.

ISX:DRMA's Days Payable is ranked worse than
67.46% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs ISX:DRMA: 47.36

PT Dharma Polimetal Tbk's Days Payable increased from Mar. 2023 (44.18) to Mar. 2024 (46.15). It may suggest that PT Dharma Polimetal Tbk delayed paying its suppliers.

PT Dharma Polimetal Tbk Days Payable Historical Data

The historical data trend for PT Dharma Polimetal 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 Dharma Polimetal Tbk Days Payable Chart

PT Dharma Polimetal Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.87

62.13

54.68

54.09

41.39

PT Dharma Polimetal Tbk Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												44.18	53.33	43.57	44.82	46.15

Competitive Comparison of PT Dharma Polimetal Tbk's Days Payable

For the Auto Parts subindustry, PT Dharma Polimetal 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 Dharma Polimetal Tbk's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Dharma Polimetal Tbk's Days Payable distribution charts can be found below:

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

PT Dharma Polimetal 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 Dharma Polimetal 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
=	( (511075.969	+	525145.203)	/	2 )	/	4568514.846	*	365
=	518110.586					/	4568514.846	*	365
=	41.39

PT Dharma Polimetal 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
=	( (525145.203	+	576011.739)	/	2 )	/	1088649.667	*	365 / 4
=	550578.471					/	1088649.667	*	365 / 4
=	46.15

PT Dharma Polimetal Tbk Days Payable Related Terms

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PT Dharma Polimetal Tbk (ISX:DRMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Dharma Polimetal Tbk (ISX:DRMA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Delta Silicon 1 Cikarang, Jl. Angsana Raya Blok A9, West Java, IDN, 17550

Website

https://www.dharmagroup.co.id

PT Dharma Polimetal Tbk is engaged in the business of automotive components for motorcycles and cars. The Company's business activities are divided into three operating segments, such as two-wheel segment, four-wheel segment and other segments. The Company's business focus is manufacturing various Original Equipment Manufacturer (OEM) components for two-wheel and four-wheel vehicles.