PT Maja Agung Latexindo Tbk (ISX:SURI) Days Payable : 90.45 (As of Mar. 2024)

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What is PT Maja Agung Latexindo Tbk Days Payable?

PT Maja Agung Latexindo Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp24,871 Mil. PT Maja Agung Latexindo Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp25,090 Mil. Hence, PT Maja Agung Latexindo Tbk's Days Payable for the three months ended in Mar. 2024 was 90.45.

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

ISX:SURI' s Days Payable Range Over the Past 10 Years
Min: 50.71 Med: 109.61 Max: 361.81
Current: 361.81

During the past 4 years, PT Maja Agung Latexindo Tbk's highest Days Payable was 361.81. The lowest was 50.71. And the median was 109.61.

ISX:SURI's Days Payable is ranked better than
89.68% of 785 companies
in the Medical Devices & Instruments industry
Industry Median: 72.55 vs ISX:SURI: 361.81

PT Maja Agung Latexindo Tbk's Days Payable increased from Dec. 2021 (0.00) to Mar. 2024 (90.45). It may suggest that PT Maja Agung Latexindo Tbk delayed paying its suppliers.

PT Maja Agung Latexindo Tbk Days Payable Historical Data

The historical data trend for PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Days Payable Chart

PT Maja Agung Latexindo Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

51.16

50.71

181.78

168.05

PT Maja Agung Latexindo Tbk Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			-	-	1,627.62	-	90.45

Competitive Comparison of PT Maja Agung Latexindo Tbk's Days Payable

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Days Payable falls into.

PT Maja Agung Latexindo 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 Maja Agung Latexindo 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
=	( (35761.686	+	25733.372)	/	2 )	/	66783.701	*	365
=	30747.529					/	66783.701	*	365
=	168.05

PT Maja Agung Latexindo 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
=	( (25733.372	+	24007.81)	/	2 )	/	25090.186	*	365 / 4
=	24870.591					/	25090.186	*	365 / 4
=	90.45

PT Maja Agung Latexindo Tbk Days Payable Related Terms

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PT Maja Agung Latexindo Tbk (ISX:SURI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PT Maja Agung Latexindo Tbk (ISX:SURI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Utama No 98, Desa Pujimulyo, Kecamatan Sunggal, Kabupaten Deli Serdang, Sumatera Utara, IDN, 20352

Website

https://www.malgloves.com

PT Maja Agung Latexindo Tbk is engaged in the filed of manufacturing, especially producing medical gloves. The business activities of the company is to engage in rubber goods industry to support health needs, including contraceptive covers, pacifiers, compression devices, medical gloves and urinary catheters.