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PT Distribusi Voucher Nusantara Tbk (ISX:DIVA) Days Payable : 2.57 (As of Mar. 2024)


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What is PT Distribusi Voucher Nusantara Tbk Days Payable?

PT Distribusi Voucher Nusantara Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp27,425 Mil. PT Distribusi Voucher Nusantara Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp972,108 Mil. Hence, PT Distribusi Voucher Nusantara Tbk's Days Payable for the three months ended in Mar. 2024 was 2.57.

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

ISX:DIVA' s Days Payable Range Over the Past 10 Years
Min: 0.06   Med: 2.31   Max: 5.67
Current: 2.65

During the past 9 years, PT Distribusi Voucher Nusantara Tbk's highest Days Payable was 5.67. The lowest was 0.06. And the median was 2.31.

ISX:DIVA's Days Payable is ranked worse than
97.86% of 2528 companies
in the Software industry
Industry Median: 50.5 vs ISX:DIVA: 2.65

PT Distribusi Voucher Nusantara Tbk's Days Payable increased from Mar. 2023 (2.40) to Mar. 2024 (2.57). It may suggest that PT Distribusi Voucher Nusantara Tbk delayed paying its suppliers.


PT Distribusi Voucher Nusantara Tbk Days Payable Historical Data

The historical data trend for PT Distribusi Voucher Nusantara 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 Distribusi Voucher Nusantara Tbk Days Payable Chart

PT Distribusi Voucher Nusantara Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 1.19 3.12 2.70 1.87 2.31

PT Distribusi Voucher Nusantara 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 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 2.40 2.59 2.73 2.68 2.57

Competitive Comparison of PT Distribusi Voucher Nusantara Tbk's Days Payable

For the Software - Application subindustry, PT Distribusi Voucher Nusantara 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 Distribusi Voucher Nusantara Tbk's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, PT Distribusi Voucher Nusantara Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Distribusi Voucher Nusantara Tbk's Days Payable falls into.



PT Distribusi Voucher Nusantara 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 Distribusi Voucher Nusantara 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
=( (21443.514 + 26110.286) / 2 ) / 3749678.101*365
=23776.9 / 3749678.101*365
=2.31

PT Distribusi Voucher Nusantara 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
=( (26110.286 + 28740.469) / 2 ) / 972107.697*365 / 4
=27425.3775 / 972107.697*365 / 4
=2.57

* 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 Distribusi Voucher Nusantara Tbk Days Payable Related Terms

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PT Distribusi Voucher Nusantara Tbk (ISX:DIVA) Business Description

Traded in Other Exchanges
Address
Jalan Prof. Dr. Satrio Kav. 18, Axa Tower, 7th Floor, Suite 5, Setiabudi, Kuningan, Jakarta Selatan, Jakarta, IDN, 12940
PT Distribusi Voucher Nusantara Tbk provides business-to-business and business-to-customer software solutions. The company's operating segment includes Digital products and services; Tours and travel and Digital financial services, Micro-logistics Services and Advertising. It generates maximum revenue from the Digital products and services segment. The company's products include Diva Intelligent IM and Diva Chat Commerce.

PT Distribusi Voucher Nusantara Tbk (ISX:DIVA) Headlines