PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Days Payable : 37.91 (As of Dec. 2023)

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What is PT Elang Mahkota Teknologi Tbk Days Payable?

PT Elang Mahkota Teknologi Tbk's average Accounts Payable for the three months ended in Dec. 2023 was Rp709,410 Mil. PT Elang Mahkota Teknologi Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp1,707,786 Mil. Hence, PT Elang Mahkota Teknologi Tbk's Days Payable for the three months ended in Dec. 2023 was 37.91.

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

ISX:EMTK' s Days Payable Range Over the Past 10 Years
Min: 26.59 Med: 40.55 Max: 49.83
Current: 41.3

During the past 13 years, PT Elang Mahkota Teknologi Tbk's highest Days Payable was 49.83. The lowest was 26.59. And the median was 40.55.

ISX:EMTK's Days Payable is ranked worse than
70.84% of 926 companies
in the Media - Diversified industry
Industry Median: 82.14 vs ISX:EMTK: 41.30

PT Elang Mahkota Teknologi Tbk's Days Payable increased from Dec. 2022 (32.00) to Dec. 2023 (37.91). It may suggest that PT Elang Mahkota Teknologi Tbk delayed paying its suppliers.

PT Elang Mahkota Teknologi Tbk Days Payable Historical Data

The historical data trend for PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk Days Payable Chart

PT Elang Mahkota Teknologi Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.75

27.68

26.59

41.94

43.51

PT Elang Mahkota Teknologi 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															32.00	21.35	20.00	-	37.91

Competitive Comparison of PT Elang Mahkota Teknologi Tbk's Days Payable

For the Broadcasting subindustry, PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Elang Mahkota Teknologi Tbk's Days Payable distribution charts can be found below:

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

PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi 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
=	( (766484.683	+	754127.275)	/	2 )	/	6378012.754	*	365
=	760305.979					/	6378012.754	*	365
=	43.51

PT Elang Mahkota Teknologi 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
=	( (664693.356	+	754127.275)	/	2 )	/	1707785.914	*	365 / 4
=	709410.3155					/	1707785.914	*	365 / 4
=	37.91

PT Elang Mahkota Teknologi Tbk Days Payable Related Terms

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

PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT Elang Mahkota Teknologi Tbk (ISX:EMTK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Asia Afrika Lot 19, SCTV Tower, 18th Floor, Senayan City, Jakarta, IDN, 10270

Website

https://www.emtek.co.id

PT Elang Mahkota Teknologi Tbk is an Indonesian integrated group involved in four business divisions, Media, Solutions, Healthcare, and Others. Media, representing Free-to-Air of television broadcasting under the 4 television channels, Healthcare, representing a wide range of medical services. Its Solutions division offers infrastructure and services in information, communication services, the telecommunication industry, banking, and retail payment. The others represent connectivity including internet service provision, pay-TV service, and wireless broadband service. It derives maximum revenue from the Media segment.

PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Headlines

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