PTptausaha Gemilangindah Tbk (ISX:SAGE) Days Payable : 2.14 (As of Mar. 2024)

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What is PTptausaha Gemilangindah Tbk Days Payable?

PTptausaha Gemilangindah Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp51 Mil. PTptausaha Gemilangindah Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp2,163 Mil. Hence, PTptausaha Gemilangindah Tbk's Days Payable for the three months ended in Mar. 2024 was 2.14.

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

ISX:SAGE' s Days Payable Range Over the Past 10 Years
Min: 1.95 Med: 18.4 Max: 27.07
Current: 2

During the past 4 years, PTptausaha Gemilangindah Tbk's highest Days Payable was 27.07. The lowest was 1.95. And the median was 18.40.

ISX:SAGE's Days Payable is ranked worse than
98.67% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs ISX:SAGE: 2.00

PTptausaha Gemilangindah Tbk's Days Payable increased from Mar. 2023 (1.91) to Mar. 2024 (2.14). It may suggest that PTptausaha Gemilangindah Tbk delayed paying its suppliers.

PTptausaha Gemilangindah Tbk Days Payable Historical Data

The historical data trend for PTptausaha Gemilangindah 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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PTptausaha Gemilangindah Tbk Days Payable Chart

PTptausaha Gemilangindah Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

27.07

18.40

1.95

PTptausaha Gemilangindah Tbk Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial					1.91	1.91	1.30	4.19	2.14

Competitive Comparison of PTptausaha Gemilangindah Tbk's Days Payable

For the Real Estate - Development subindustry, PTptausaha Gemilangindah 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.

PTptausaha Gemilangindah Tbk's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where PTptausaha Gemilangindah Tbk's Days Payable falls into.

PTptausaha Gemilangindah 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.

PTptausaha Gemilangindah 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
=	( (50.661	+	50.661)	/	2 )	/	9495.147	*	365
=	50.661					/	9495.147	*	365
=	1.95

PTptausaha Gemilangindah 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
=	( (50.661	+	50.661)	/	2 )	/	2162.622	*	365 / 4
=	50.661					/	2162.622	*	365 / 4
=	2.14

PTptausaha Gemilangindah Tbk Days Payable Related Terms

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PTptausaha Gemilangindah Tbk (ISX:SAGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Saptausaha Gemilangindah Tbk (ISX:SAGE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Millennium Industrial Estate Building, Jl. Kramat Raya No.32-34,, Senen district, Kwitang Village, Jakarta Central, IDN, 10420

Website

https://www.saptagroup.com

PT Saptausaha Gemilangindah Tbk is engaged in the property sector in the residential and commercial sectors, both within the city and outside the city. The projects of the company are Kamala House, Lavana House, Ruko Portico, and others. Its segment includes Property, Planning Services, and Building, and Environmental Management. It generates the majority of its revenue from the Property segment.