PT Palma Serasih Tbk (ISX:PSGO) Days Payable : 10.43 (As of Mar. 2024)

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What is PT Palma Serasih Tbk Days Payable?

PT Palma Serasih Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp30,454 Mil. PT Palma Serasih Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp266,436 Mil. Hence, PT Palma Serasih Tbk's Days Payable for the three months ended in Mar. 2024 was 10.43.

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

ISX:PSGO' s Days Payable Range Over the Past 10 Years
Min: 6.17 Med: 14.99 Max: 22.12
Current: 7.59

During the past 8 years, PT Palma Serasih Tbk's highest Days Payable was 22.12. The lowest was 6.17. And the median was 14.99.

ISX:PSGO's Days Payable is ranked worse than
97.14% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs ISX:PSGO: 7.59

PT Palma Serasih Tbk's Days Payable stayed the same from Mar. 2023 (10.43) to Mar. 2024 (10.43). stayed the same

PT Palma Serasih Tbk Days Payable Historical Data

The historical data trend for PT Palma Serasih 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 Palma Serasih Tbk Days Payable Chart

PT Palma Serasih Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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9.37

6.17

11.53

18.73

12.60

PT Palma Serasih 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															10.43	8.67	5.19	7.98	10.43

Competitive Comparison of PT Palma Serasih Tbk's Days Payable

For the Farm Products subindustry, PT Palma Serasih 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 Palma Serasih Tbk's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Palma Serasih Tbk's Days Payable distribution charts can be found below:

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

PT Palma Serasih 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 Palma Serasih 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
=	( (71735.286	+	30440.727)	/	2 )	/	1480090.121	*	365
=	51088.0065					/	1480090.121	*	365
=	12.60

PT Palma Serasih 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
=	( (30440.727	+	30467.17)	/	2 )	/	266436.027	*	365 / 4
=	30453.9485					/	266436.027	*	365 / 4
=	10.43

PT Palma Serasih Tbk Days Payable Related Terms

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PT Palma Serasih Tbk (ISX:PSGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Palma Serasih Tbk (ISX:PSGO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kuningan Mulia Kav. 9C, Permata Kuningan Building, 11th Floor, Jakarta Selatan, Jakarta, IDN, 12980

Website

https://www.palmaserasih.co.id

PT Palma Serasih Tbk is a crude palm oil producer in Indonesia. The company operates into one business segment covering plantations and palm oil processing, which are located in the East Kalimantan province of Indonesia, with an Indonesian customer market segment.

PT Palma Serasih Tbk (ISX:PSGO) Headlines

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