PT Tifico Fiber Indonesia Tbk (ISX:TFCO) Days Payable : 26.12 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is PT Tifico Fiber Indonesia Tbk Days Payable?

PT Tifico Fiber Indonesia Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp205,557 Mil. PT Tifico Fiber Indonesia Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp718,046 Mil. Hence, PT Tifico Fiber Indonesia Tbk's Days Payable for the three months ended in Mar. 2024 was 26.12.

The historical rank and industry rank for PT Tifico Fiber Indonesia Tbk's Days Payable or its related term are showing as below:

ISX:TFCO' s Days Payable Range Over the Past 10 Years
Min: 24.88 Med: 27.36 Max: 29.19
Current: 27.73

During the past 13 years, PT Tifico Fiber Indonesia Tbk's highest Days Payable was 29.19. The lowest was 24.88. And the median was 27.36.

ISX:TFCO's Days Payable is ranked worse than
77.81% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs ISX:TFCO: 27.73

PT Tifico Fiber Indonesia Tbk's Days Payable declined from Mar. 2023 (29.67) to Mar. 2024 (26.12). It may suggest that PT Tifico Fiber Indonesia Tbk accelerated paying its suppliers.

PT Tifico Fiber Indonesia Tbk Days Payable Historical Data

The historical data trend for PT Tifico Fiber Indonesia 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 Tifico Fiber Indonesia Tbk Days Payable Chart

PT Tifico Fiber Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

28.69

29.19

26.11

24.88

26.91

PT Tifico Fiber Indonesia 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															29.67	31.38	24.76	27.44	26.12

Competitive Comparison of PT Tifico Fiber Indonesia Tbk's Days Payable

For the Textile Manufacturing subindustry, PT Tifico Fiber Indonesia 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 Tifico Fiber Indonesia Tbk's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where PT Tifico Fiber Indonesia Tbk's Days Payable falls into.

PT Tifico Fiber Indonesia 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 Tifico Fiber Indonesia 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
=	( (229263.773	+	205587.681)	/	2 )	/	2948863.61	*	365
=	217425.727					/	2948863.61	*	365
=	26.91

PT Tifico Fiber Indonesia 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
=	( (205587.681	+	205526.017)	/	2 )	/	718046.116	*	365 / 4
=	205556.849					/	718046.116	*	365 / 4
=	26.12

PT Tifico Fiber Indonesia Tbk Days Payable Related Terms

Thank you for viewing the detailed overview of PT Tifico Fiber Indonesia Tbk's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Tifico Fiber Indonesia Tbk (ISX:TFCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Tifico Fiber Indonesia Tbk (ISX:TFCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan MH. Thamrin Kel. Panunggangan, Kec. Pinang, Kota Tangerang, Prop. Banten, Tangerang, IDN, 15143

Website

http://www.tifico.co.id

PT Tifico Fiber Indonesia Tbk is an Indonesian company principally engaged in the manufacture of polyester chips, staple fiber and filament yarn and sale and markets those products. Its products include Polyester Filament Yarn (PFY), Polyester Staple Fiber (PSF) and Polyester CHIP which includes semi dull, full dull, bright and cationic dye. The company uses Japanese innovative technology and machinery for producing finest polyester fiber. It manages its business into four segments namely Chip, Staple Fiber, Filament Yarn, and RCL.

PT Tifico Fiber Indonesia Tbk (ISX:TFCO) Headlines

No Headlines