PT Prima Andalan Mandiri Tbk (ISX:MCOL) Days Payable : 28.29 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is PT Prima Andalan Mandiri Tbk Days Payable?

PT Prima Andalan Mandiri Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp632,233 Mil. PT Prima Andalan Mandiri Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp2,039,197 Mil. Hence, PT Prima Andalan Mandiri Tbk's Days Payable for the three months ended in Mar. 2024 was 28.29.

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

ISX:MCOL' s Days Payable Range Over the Past 10 Years
Min: 14.64 Med: 30.56 Max: 59.03
Current: 26.29

During the past 6 years, PT Prima Andalan Mandiri Tbk's highest Days Payable was 59.03. The lowest was 14.64. And the median was 30.56.

ISX:MCOL's Days Payable is ranked worse than
85.71% of 126 companies
in the Other Energy Sources industry
Industry Median: 64.77 vs ISX:MCOL: 26.29

PT Prima Andalan Mandiri Tbk's Days Payable increased from Mar. 2023 (23.36) to Mar. 2024 (28.29). It may suggest that PT Prima Andalan Mandiri Tbk delayed paying its suppliers.

PT Prima Andalan Mandiri Tbk Days Payable Historical Data

The historical data trend for PT Prima Andalan Mandiri 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 Prima Andalan Mandiri Tbk Days Payable Chart

PT Prima Andalan Mandiri Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

45.76

36.24

24.88

14.64

19.90

PT Prima Andalan Mandiri Tbk Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial													23.36	26.88	24.28	23.87	28.29

Competitive Comparison of PT Prima Andalan Mandiri Tbk's Days Payable

For the Thermal Coal subindustry, PT Prima Andalan Mandiri 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 Prima Andalan Mandiri Tbk's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Prima Andalan Mandiri Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Prima Andalan Mandiri Tbk's Days Payable falls into.

PT Prima Andalan Mandiri 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 Prima Andalan Mandiri 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
=	( (331011.96	+	645421.373)	/	2 )	/	8956244.788	*	365
=	488216.6665					/	8956244.788	*	365
=	19.90

PT Prima Andalan Mandiri 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
=	( (645421.373	+	619044.609)	/	2 )	/	2039196.704	*	365 / 4
=	632232.991					/	2039196.704	*	365 / 4
=	28.29

PT Prima Andalan Mandiri Tbk Days Payable Related Terms

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

PT Prima Andalan Mandiri Tbk (ISX:MCOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Prima Andalan Mandiri Tbk (ISX:MCOL) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav, 52-53, Gedung Office 8, 28th Floor, SCBD Lot. 28, Kebayoran Baru, Jakarta, IDN, 12190

Website

https://www.mandiricoal.co.id

PT Prima Andalan Mandiri Tbk is a coal mining company. It is mainly engaged in coal mining and trading, mining contractor services, as well as sea transportation, and coal loading and unloading. The company's segment includes Coal mining; Mining Contractors and Shipping. It generates maximum revenue from the Coal mining segment.

PT Prima Andalan Mandiri Tbk (ISX:MCOL) Headlines

No Headlines