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PT Semen Indonesia (Persero) Tbk (PT Semen Indonesia (Persero) Tbk) Days Payable : 83.51 (As of Dec. 2023)


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What is PT Semen Indonesia (Persero) Tbk Days Payable?

PT Semen Indonesia (Persero) Tbk's average Accounts Payable for the three months ended in Dec. 2023 was $490 Mil. PT Semen Indonesia (Persero) Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $535 Mil. Hence, PT Semen Indonesia (Persero) Tbk's Days Payable for the three months ended in Dec. 2023 was 83.51.

The historical rank and industry rank for PT Semen Indonesia (Persero) Tbk's Days Payable or its related term are showing as below:

PSGTY' s Days Payable Range Over the Past 10 Years
Min: 65.54   Med: 85.45   Max: 113.27
Current: 94.89

During the past 13 years, PT Semen Indonesia (Persero) Tbk's highest Days Payable was 113.27. The lowest was 65.54. And the median was 85.45.

PSGTY's Days Payable is ranked better than
68.55% of 372 companies
in the Building Materials industry
Industry Median: 67.09 vs PSGTY: 94.89

PT Semen Indonesia (Persero) Tbk's Days Payable declined from Dec. 2022 (100.20) to Dec. 2023 (83.51). It may suggest that PT Semen Indonesia (Persero) Tbk accelerated paying its suppliers.


PT Semen Indonesia (Persero) Tbk Days Payable Historical Data

The historical data trend for PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk Days Payable Chart

PT Semen Indonesia (Persero) 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 65.77 98.11 107.65 118.98 102.74

PT Semen Indonesia (Persero) Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 100.20 104.06 102.36 83.96 83.51

Competitive Comparison of PT Semen Indonesia (Persero) Tbk's Days Payable

For the Building Materials subindustry, PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Semen Indonesia (Persero) Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Semen Indonesia (Persero) Tbk's Days Payable falls into.



PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) 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
=( (514.648 + 525.187) / 2 ) / 1847.067*365
=519.9175 / 1847.067*365
=102.74

PT Semen Indonesia (Persero) Tbk's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (454.696 + 525.187) / 2 ) / 535.382*365 / 4
=489.9415 / 535.382*365 / 4
=83.51

* 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 Semen Indonesia (Persero) Tbk Days Payable Related Terms

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PT Semen Indonesia (Persero) Tbk (PT Semen Indonesia (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan R.A. Kartini Kav. 8, South Quarter, Tower A, Lantai 19th - 20th Floor, Cilandak Barat, South Jakarta, Jakarta, IDN, 12430
PT Semen Indonesia (Persero) Tbk is engaged in the manufacturing industry, especially cement & its derivatives, other building materials, as well as related business activities both upstream and downstream. The company operates in two segments; the Cement Production Segment produces and markets cement products in Indonesia, and Vietnam, as well as various export destination countries, including Bangladesh, Australia, the Philippines, Taiwan, China, and several other countries, and The non-cement production segment, consists of mining limestone and clay, manufacturing packaging bags, developing industrial estates, finished and ready-to-use concrete, information system services, logistics, and trading. It generates a majority of its revenue from the cement segment.

PT Semen Indonesia (Persero) Tbk (PT Semen Indonesia (Persero) Tbk) Headlines

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