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PT Jasa Marga (Persero) Tbk (ISX:JSMR) Days Payable : 12.92 (As of Mar. 2024)


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What is PT Jasa Marga (Persero) Tbk Days Payable?

PT Jasa Marga (Persero) Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp514,321 Mil. PT Jasa Marga (Persero) Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp3,633,865 Mil. Hence, PT Jasa Marga (Persero) Tbk's Days Payable for the three months ended in Mar. 2024 was 12.92.

The historical rank and industry rank for PT Jasa Marga (Persero) Tbk's Days Payable or its related term are showing as below:

ISX:JSMR' s Days Payable Range Over the Past 10 Years
Min: 4.64   Med: 34.19   Max: 88.66
Current: 15.81

During the past 13 years, PT Jasa Marga (Persero) Tbk's highest Days Payable was 88.66. The lowest was 4.64. And the median was 34.19.

ISX:JSMR's Days Payable is ranked worse than
96.95% of 1604 companies
in the Construction industry
Industry Median: 74.31 vs ISX:JSMR: 15.81

PT Jasa Marga (Persero) Tbk's Days Payable declined from Mar. 2023 (13.68) to Mar. 2024 (12.92). It may suggest that PT Jasa Marga (Persero) Tbk accelerated paying its suppliers.


PT Jasa Marga (Persero) Tbk Days Payable Historical Data

The historical data trend for PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk Days Payable Chart

PT Jasa Marga (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.79 69.17 62.66 11.31 4.64

PT Jasa Marga (Persero) 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.68 20.35 21.57 8.67 12.92

Competitive Comparison of PT Jasa Marga (Persero) Tbk's Days Payable

For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Jasa Marga (Persero) Tbk's Days Payable falls into.



PT Jasa Marga (Persero) 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 Jasa Marga (Persero) 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
=( (134726 + 179230) / 2 ) / 12360079*365
=156978 / 12360079*365
=4.64

PT Jasa Marga (Persero) 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
=( (179230 + 849412) / 2 ) / 3633865*365 / 4
=514321 / 3633865*365 / 4
=12.92

* 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.


PT Jasa Marga (Persero) Tbk Days Payable Related Terms

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PT Jasa Marga (Persero) Tbk (ISX:JSMR) Business Description

Traded in Other Exchanges
Address
Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.

PT Jasa Marga (Persero) Tbk (ISX:JSMR) Headlines

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