PTwit Sumbermasrana Tbk (ISX:SSMS) Accounts Payable & Accrued Expense : Rp1,103,828 Mil (As of Mar. 2024)

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What is PTwit Sumbermasrana Tbk Accounts Payable & Accrued Expense?

PTwit Sumbermasrana Tbk's quarterly accounts payable & accrued expense increased from Sep. 2023 (Rp736,443 Mil) to Dec. 2023 (Rp1,141,537 Mil) but then declined from Dec. 2023 (Rp1,141,537 Mil) to Mar. 2024 (Rp1,103,828 Mil).

PTwit Sumbermasrana Tbk's annual accounts payable & accrued expense increased from Dec. 2021 (Rp1,180,093 Mil) to Dec. 2022 (Rp1,307,846 Mil) but then declined from Dec. 2022 (Rp1,307,846 Mil) to Dec. 2023 (Rp1,141,537 Mil).

PTwit Sumbermasrana Tbk Accounts Payable & Accrued Expense Historical Data

The historical data trend for PTwit Sumbermasrana Tbk's Accounts Payable & Accrued Expense 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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PTwit Sumbermasrana Tbk Accounts Payable & Accrued Expense Chart

PTwit Sumbermasrana Tbk Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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952,122.84

1,040,850.13

1,180,093.00

1,307,846.06

1,141,536.68

PTwit Sumbermasrana Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,312,922.44	887,913.28	736,442.63	1,141,536.68	1,103,827.94

PTwit Sumbermasrana Tbk Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

PTwit Sumbermasrana Tbk (ISX:SSMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sawit Sumbermas Sarana Tbk (ISX:SSMS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

16S:Germany

Address

Jalan H. Udan Said Number 47, Kalimantan Tengah, Pangkalan Bun, IDN, 74113

Website

https://www.ssms.co.id

PT Sawit Sumbermas Sarana Tbk operates several palm oil plantations and mills in Southeast Asia. It acquired land by either purchasing, obtaining land permits, or through a licensing process. The company harvests and processes the crops into crude palm oil, palm kernels, and palm kernel oil. Performance and plantation management is consistently monitored by agronomists, plant engineers, and experienced management. To achieve optimal capacity at its mills, the company may purchase crude palm oil from local farmers. It markets, sells, and distributes products directly to consumers and implemented a system where its sales team negotiates the price and delivery terms for each sale.

PTwit Sumbermasrana Tbk (ISX:SSMS) Headlines

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