PT Asia Pacific Investama Tbk (ISX:MYTX) Days Payable : 38.34 (As of Mar. 2024)

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What is PT Asia Pacific Investama Tbk Days Payable?

PT Asia Pacific Investama Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp145,040 Mil. PT Asia Pacific Investama Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp345,222 Mil. Hence, PT Asia Pacific Investama Tbk's Days Payable for the three months ended in Mar. 2024 was 38.34.

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

ISX:MYTX' s Days Payable Range Over the Past 10 Years
Min: 9.9 Med: 47.03 Max: 87.06
Current: 46.67

During the past 13 years, PT Asia Pacific Investama Tbk's highest Days Payable was 87.06. The lowest was 9.90. And the median was 47.03.

ISX:MYTX's Days Payable is ranked worse than
59.06% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs ISX:MYTX: 46.67

PT Asia Pacific Investama Tbk's Days Payable increased from Mar. 2023 (25.17) to Mar. 2024 (38.34). It may suggest that PT Asia Pacific Investama Tbk delayed paying its suppliers.

PT Asia Pacific Investama Tbk Days Payable Historical Data

The historical data trend for PT Asia Pacific Investama 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 Asia Pacific Investama Tbk Days Payable Chart

PT Asia Pacific Investama Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.05

9.90

13.08

21.06

43.21

PT Asia Pacific Investama 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															25.17	44.52	66.62	59.19	38.34

Competitive Comparison of PT Asia Pacific Investama Tbk's Days Payable

For the Textile Manufacturing subindustry, PT Asia Pacific Investama 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 Asia Pacific Investama Tbk's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Asia Pacific Investama Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Asia Pacific Investama Tbk's Days Payable falls into.

PT Asia Pacific Investama 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 Asia Pacific Investama 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
=	( (101979	+	204495)	/	2 )	/	1294544	*	365
=	153237					/	1294544	*	365
=	43.21

PT Asia Pacific Investama 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
=	( (204495	+	85585)	/	2 )	/	345222	*	365 / 4
=	145040					/	345222	*	365 / 4
=	38.34

PT Asia Pacific Investama Tbk Days Payable Related Terms

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PT Asia Pacific Investama Tbk (ISX:MYTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Asia Pacific Investama Tbk (ISX:MYTX) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Jalan Pajajaran 14 No. 62, Gandasari, Jatiuwung, Tangerang, IDN, 15137

Website

https://www.apinvestama.co.id

PT Asia Pacific Investama Tbk is an Indonesia-based holding company engaged in the garments and textile industry and also in yarn manufacturing. The textile products of the company consist of yarn, greige fabrics, denim fabrics, knitted fabrics, and apparel. Its operating segment includes garment; spinning; weaving; laundry and knitting. The company generates maximum revenue from the spinning segment. Geographically, the company derives a majority of its revenue from Indonesia and also has a presence in Asia; Europe; America, and Africa.

PT Asia Pacific Investama Tbk (ISX:MYTX) Headlines

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