PT Rukun Raharja Tbk (ISX:RAJA) Days Payable : 36.67 (As of Mar. 2024)

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What is PT Rukun Raharja Tbk Days Payable?

PT Rukun Raharja Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp281,704 Mil. PT Rukun Raharja Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp700,919 Mil. Hence, PT Rukun Raharja Tbk's Days Payable for the three months ended in Mar. 2024 was 36.67.

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

ISX:RAJA' s Days Payable Range Over the Past 10 Years
Min: 15.13 Med: 31.24 Max: 39.93
Current: 31.78

During the past 13 years, PT Rukun Raharja Tbk's highest Days Payable was 39.93. The lowest was 15.13. And the median was 31.24.

ISX:RAJA's Days Payable is ranked worse than
83.2% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.265 vs ISX:RAJA: 31.78

PT Rukun Raharja Tbk's Days Payable increased from Mar. 2023 (35.99) to Mar. 2024 (36.67). It may suggest that PT Rukun Raharja Tbk delayed paying its suppliers.

PT Rukun Raharja Tbk Days Payable Historical Data

The historical data trend for PT Rukun Raharja 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 Rukun Raharja Tbk Days Payable Chart

PT Rukun Raharja Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.81

35.92

33.08

31.86

39.93

PT Rukun Raharja 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															35.99	34.86	34.25	25.39	36.67

Competitive Comparison of PT Rukun Raharja Tbk's Days Payable

For the Utilities - Regulated Gas subindustry, PT Rukun Raharja 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 Rukun Raharja Tbk's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PT Rukun Raharja Tbk's Days Payable distribution charts can be found below:

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

PT Rukun Raharja 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 Rukun Raharja 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
=	( (169894.933	+	294861.695)	/	2 )	/	2124416.312	*	365
=	232378.314					/	2124416.312	*	365
=	39.93

PT Rukun Raharja 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
=	( (294861.695	+	268546.596)	/	2 )	/	700918.947	*	365 / 4
=	281704.1455					/	700918.947	*	365 / 4
=	36.67

PT Rukun Raharja Tbk Days Payable Related Terms

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PT Rukun Raharja Tbk (ISX:RAJA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PT Rukun Raharja Tbk (ISX:RAJA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Thamrin Boulevard, Office Park Thamrin Residences Blok A 01-05, Kel. Kebon Melati, Kec. Tanah Abang, Jakarta, IDN, 10230

Website

https://www.raja.co.id

PT Rukun Raharja Tbk through its subsidiaries is engaged in the distribution of natural gas, LPG distribution, and related activities and gas transmission and compression. Its segments include Natural Gas Distribution Segment; Infrastructure Segment and Other Segments. It conducts its business in the field of service or natural gas distribution services, provision, and management of loading and unloading of containers, filling, and transportation services to LPG gas cylinders.

PT Rukun Raharja Tbk (ISX:RAJA) Headlines

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