PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Days Payable : 53.44 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is PT Vale Indonesia Tbk Days Payable?

PT Vale Indonesia Tbk's average Accounts Payable for the three months ended in Dec. 2023 was $137 Mil. PT Vale Indonesia Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $234 Mil. Hence, PT Vale Indonesia Tbk's Days Payable for the three months ended in Dec. 2023 was 53.44.

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

PTNDY' s Days Payable Range Over the Past 10 Years
Min: 36.54 Med: 49.12 Max: 60.64
Current: 53.39

During the past 13 years, PT Vale Indonesia Tbk's highest Days Payable was 60.64. The lowest was 36.54. And the median was 49.12.

PTNDY's Days Payable is ranked worse than
72.27% of 1064 companies
in the Metals & Mining industry
Industry Median: 130.44 vs PTNDY: 53.39

PT Vale Indonesia Tbk's Days Payable increased from Dec. 2022 (47.23) to Dec. 2023 (53.44). It may suggest that PT Vale Indonesia Tbk delayed paying its suppliers.

PT Vale Indonesia Tbk Days Payable Historical Data

The historical data trend for PT Vale 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 Vale Indonesia Tbk Days Payable Chart

PT Vale Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

51.81

59.99

60.98

50.13

52.86

PT Vale Indonesia 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															47.23	47.90	55.06	56.52	53.44

Competitive Comparison of PT Vale Indonesia Tbk's Days Payable

For the Other Industrial Metals & Mining subindustry, PT Vale 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 Vale Indonesia Tbk's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Vale Indonesia Tbk's Days Payable distribution charts can be found below:

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

PT Vale 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 Vale 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
=	( (115.594	+	140.827)	/	2 )	/	885.24	*	365
=	128.2105					/	885.24	*	365
=	52.86

PT Vale Indonesia 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
=	( (133.531	+	140.827)	/	2 )	/	234.249	*	365 / 4
=	137.179					/	234.249	*	365 / 4
=	53.44

PT Vale Indonesia Tbk Days Payable Related Terms

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

PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Vale Indonesia Tbk (OTCPK:PTNDY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PTNDF:USA INCO:Indonesia XT3B:Germany

Address

Jalan Jenderal Sudirman Kav. 71, Sequis Tower, Lantai 20, Unit 6 and 7, Jakarta, IDN, 12190

Website

https://www.vale.com

PT Vale Indonesia Tbk is primarily engaged in nickel mining and processing in Indonesia. The company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia. The finished nickel product represents what is known in the industry as "primary nickel," meaning nickel produced principally from nickel ores, as opposed to "secondary" nickel, which is recovered from recycled metal which contains nickel. The majority of global nickel is used for stainless steel production.