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PT Temas Tbk (ISX:TMAS) Days Payable : 25.06 (As of Mar. 2024)


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What is PT Temas Tbk Days Payable?

PT Temas Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp229,315 Mil. PT Temas Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp835,052 Mil. Hence, PT Temas Tbk's Days Payable for the three months ended in Mar. 2024 was 25.06.

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

ISX:TMAS' s Days Payable Range Over the Past 10 Years
Min: 23.91   Med: 31.79   Max: 43.47
Current: 23.91

During the past 13 years, PT Temas Tbk's highest Days Payable was 43.47. The lowest was 23.91. And the median was 31.79.

ISX:TMAS's Days Payable is ranked worse than
74.39% of 937 companies
in the Transportation industry
Industry Median: 38.78 vs ISX:TMAS: 23.91

PT Temas Tbk's Days Payable increased from Mar. 2023 (22.49) to Mar. 2024 (25.06). It may suggest that PT Temas Tbk delayed paying its suppliers.


PT Temas Tbk Days Payable Historical Data

The historical data trend for PT Temas 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 Temas Tbk Days Payable Chart

PT Temas Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.47 38.58 33.73 28.81 24.25

PT Temas 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.49 23.18 24.14 23.67 25.06

Competitive Comparison of PT Temas Tbk's Days Payable

For the Marine Shipping subindustry, PT Temas 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 Temas Tbk's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Temas Tbk's Days Payable distribution charts can be found below:

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



PT Temas 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 Temas 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
=( (201800 + 222286) / 2 ) / 3191753*365
=212043 / 3191753*365
=24.25

PT Temas 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
=( (222286 + 236344) / 2 ) / 835052*365 / 4
=229315 / 835052*365 / 4
=25.06

* 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 Temas Tbk Days Payable Related Terms

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PT Temas Tbk (ISX:TMAS) Business Description

Traded in Other Exchanges
Address
Jalan Yos Sudarso Kav. 33, Sunter Jaya, Tanjung Priok, Kantor Pusat Jakarta, Jakarta, IDN, 14350
PT Temas Tbk operates in the shipping industry. The company is engaged in the transportation business, especially marine transportation services that provide containerized goods delivery. Services offered include managing container transportation and stevedoring services nationwide. The company engages in both domestic and international transportation activities, particularly in transporting passengers, cargoes, and animals by vessels, acts as an agent in the shipping business. In addition, it is involved in the purchase and sale of vessels and related equipment. Its businesses are grouped into two operating segments: Shipping and Stevedoring. The Shipping segment contributes the vast majority of total revenue.

PT Temas Tbk (ISX:TMAS) Headlines

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