PT Megapolitan Developments Tbk (ISX:EMDE) Days Payable : 1,240.89 (As of Mar. 2024)

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What is PT Megapolitan Developments Tbk Days Payable?

PT Megapolitan Developments Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp216,825 Mil. PT Megapolitan Developments Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp15,945 Mil. Hence, PT Megapolitan Developments Tbk's Days Payable for the three months ended in Mar. 2024 was 1,240.89.

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

ISX:EMDE' s Days Payable Range Over the Past 10 Years
Min: 99.68 Med: 633.49 Max: 1315.01
Current: 1013.82

During the past 13 years, PT Megapolitan Developments Tbk's highest Days Payable was 1315.01. The lowest was 99.68. And the median was 633.49.

ISX:EMDE's Days Payable is ranked better than
93.48% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs ISX:EMDE: 1013.82

PT Megapolitan Developments Tbk's Days Payable declined from Mar. 2023 (1,937.71) to Mar. 2024 (1,240.89). It may suggest that PT Megapolitan Developments Tbk accelerated paying its suppliers.

PT Megapolitan Developments Tbk Days Payable Historical Data

The historical data trend for PT Megapolitan Developments 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 Megapolitan Developments Tbk Days Payable Chart

PT Megapolitan Developments Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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883.64

1,315.01

909.05

1,200.63

1,065.37

PT Megapolitan Developments 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															1,937.71	829.51	4,329.98	580.43	1,240.89

Competitive Comparison of PT Megapolitan Developments Tbk's Days Payable

For the Real Estate Services subindustry, PT Megapolitan Developments 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 Megapolitan Developments Tbk's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Megapolitan Developments Tbk's Days Payable distribution charts can be found below:

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

PT Megapolitan Developments 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 Megapolitan Developments 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
=	( (206284.08	+	212626.695)	/	2 )	/	71759.96	*	365
=	209455.3875					/	71759.96	*	365
=	1,065.37

PT Megapolitan Developments 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
=	( (212626.695	+	221024.057)	/	2 )	/	15944.507	*	365 / 4
=	216825.376					/	15944.507	*	365 / 4
=	1,240.89

PT Megapolitan Developments Tbk Days Payable Related Terms

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PT Megapolitan Developments Tbk (ISX:EMDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Megapolitan Developments Tbk (ISX:EMDE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Kawasan Mega Kuningan Barat, The Bellagio Residence and Mall, Lantai 1, Kav. E4 No. 3, Kuningan Timur, Jakarta, IDN, 12950

Website

https://www.megapolitan-group.com

PT Megapolitan Developments Tbk engages in real estate and property development and management. The firm operates through two segments namely: Property and Shopping Center. It generates revenue through home sales, shophouse sales, land plot sales, rental income, shop and kiosk sales, and apartment sales. The company earns the majority of its revenue from the Shopping Center segment.

PT Megapolitan Developments Tbk (ISX:EMDE) Headlines

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