PT Triputra Agro Persada Tbk (ISX:TAPG) Days Sales Outstanding : 3.59 (As of Mar. 2024)

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What is PT Triputra Agro Persada Tbk Days Sales Outstanding?

PT Triputra Agro Persada Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp75,195 Mil. PT Triputra Agro Persada Tbk's Revenue for the three months ended in Mar. 2024 was Rp1,912,011 Mil. Hence, PT Triputra Agro Persada Tbk's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.59.

The historical rank and industry rank for PT Triputra Agro Persada Tbk's Days Sales Outstanding or its related term are showing as below:

ISX:TAPG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.79 Med: 5.23 Max: 8.22
Current: 2.79

During the past 7 years, PT Triputra Agro Persada Tbk's highest Days Sales Outstanding was 8.22. The lowest was 2.79. And the median was 5.23.

ISX:TAPG's Days Sales Outstanding is ranked better than
97.72% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs ISX:TAPG: 2.79

PT Triputra Agro Persada Tbk's Days Sales Outstanding declined from Mar. 2023 (4.29) to Mar. 2024 (3.59).

PT Triputra Agro Persada Tbk Days Sales Outstanding Historical Data

The historical data trend for PT Triputra Agro Persada Tbk's Days Sales Outstanding 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 Triputra Agro Persada Tbk Days Sales Outstanding Chart

PT Triputra Agro Persada Tbk Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.82

8.22

5.23

3.53

4.52

PT Triputra Agro Persada Tbk Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															4.29	2.89	2.15	2.69	3.59

Competitive Comparison of PT Triputra Agro Persada Tbk's Days Sales Outstanding

For the Farm Products subindustry, PT Triputra Agro Persada Tbk's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Triputra Agro Persada Tbk's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Triputra Agro Persada Tbk's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where PT Triputra Agro Persada Tbk's Days Sales Outstanding falls into.

PT Triputra Agro Persada Tbk Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

PT Triputra Agro Persada Tbk's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (121265	+	85020)	/	2 )	/	8325887	*	365
=	103142.5					/	8325887	*	365
=	4.52

PT Triputra Agro Persada Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (85020	+	65369)	/	2 )	/	1912011	*	365 / 4
=	75194.5					/	1912011	*	365 / 4
=	3.59

PT Triputra Agro Persada Tbk (ISX:TAPG) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

PT Triputra Agro Persada Tbk Days Sales Outstanding Related Terms

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PT Triputra Agro Persada Tbk (ISX:TAPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Triputra Agro Persada Tbk (ISX:TAPG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan DR. Ide Anak Agung Gde Agung, Kav. E.3-2, No. 1, The East Building, 23rd Floor, Kelurahan Kuningan Timur, Kecamatan Setiabudi, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.tap-agri.com

PT Triputra Agro Persada Tbk is a palm oil and rubber company located in Sumatera and Kalimantan. Together with its subsidiaries, it is committed towards producing high-quality crude palm oil and palm kernel products to meet domestic and foreign market needs. The company's operating segment includes Crude Palm oil and palm kernel and Rubber. It generates maximum revenue from the Crude Palm oil and palm kernel segment.

PT Triputra Agro Persada Tbk (ISX:TAPG) Headlines

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