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PT Adhi Kartiko Pratama Tbk (ISX:NICE) Days Payable : 26.24 (As of Jun. 2023)


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What is PT Adhi Kartiko Pratama Tbk Days Payable?

PT Adhi Kartiko Pratama Tbk's average Accounts Payable for the six months ended in Jun. 2023 was Rp44,813 Mil. PT Adhi Kartiko Pratama Tbk's Cost of Goods Sold for the six months ended in Jun. 2023 was Rp311,702 Mil. Hence, PT Adhi Kartiko Pratama Tbk's Days Payable for the six months ended in Jun. 2023 was 26.24.

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

ISX:NICE' s Days Payable Range Over the Past 10 Years
Min: 5.8   Med: 8.63   Max: 23.5
Current: 23.5

During the past 3 years, PT Adhi Kartiko Pratama Tbk's highest Days Payable was 23.50. The lowest was 5.80. And the median was 8.63.

ISX:NICE's Days Payable is ranked worse than
89.98% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs ISX:NICE: 23.50

PT Adhi Kartiko Pratama Tbk's Days Payable increased from Jun. 2022 (4.07) to Jun. 2023 (26.24). It may suggest that PT Adhi Kartiko Pratama Tbk delayed paying its suppliers.

PT Adhi Kartiko Pratama Tbk Days Payable Historical Data

The historical data trend for PT Adhi Kartiko Pratama 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.

* Premium members only.

PT Adhi Kartiko Pratama Tbk Days Payable Chart

PT Adhi Kartiko Pratama Tbk Annual Data
Trend Dec20 Dec21 Dec22
Days Payable
5.80 8.63 15.26

PT Adhi Kartiko Pratama Tbk Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Days Payable - - 4.07 24.23 26.24

Competitive Comparison of PT Adhi Kartiko Pratama Tbk's Days Payable

For the Other Industrial Metals & Mining subindustry, PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Adhi Kartiko Pratama Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Adhi Kartiko Pratama Tbk's Days Payable falls into.


PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (6878.63 + 51014.41) / 2 ) / 692566.972*365
=28946.52 / 692566.972*365
=15.26

PT Adhi Kartiko Pratama Tbk's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (51014.41 + 38610.956) / 2 ) / 311702.255*365 / 2
=44812.683 / 311702.255*365 / 2
=26.24

* 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 Adhi Kartiko Pratama Tbk Days Payable Related Terms

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PT Adhi Kartiko Pratama Tbk (ISX:NICE) Business Description

Industry
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Address
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PT Adhi Kartiko Pratama Tbk is engaged in Nickel Ore Mining. Its mine location is Lameruru Village/Subdistrict, District. Langgikima, Kab. North Konawe, Southeast Sulawesi Province.