PT Merck Tbk (ISX:MERK) Days Payable : 80.29 (As of Jun. 2024)

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What is PT Merck Tbk Days Payable?

PT Merck Tbk's average Accounts Payable for the three months ended in Jun. 2024 was Rp126,953 Mil. PT Merck Tbk's Cost of Goods Sold for the three months ended in Jun. 2024 was Rp144,290 Mil. Hence, PT Merck Tbk's Days Payable for the three months ended in Jun. 2024 was 80.29.

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

ISX:MERK' s Days Payable Range Over the Past 10 Years
Min: 36.23 Med: 50.04 Max: 69.22
Current: 41.77

During the past 13 years, PT Merck Tbk's highest Days Payable was 69.22. The lowest was 36.23. And the median was 50.04.

ISX:MERK's Days Payable is ranked worse than
80.33% of 956 companies
in the Drug Manufacturers industry
Industry Median: 85.38 vs ISX:MERK: 41.77

PT Merck Tbk's Days Payable increased from Jun. 2023 (38.80) to Jun. 2024 (80.29). It may suggest that PT Merck Tbk delayed paying its suppliers.

PT Merck Tbk Days Payable Historical Data

The historical data trend for PT Merck 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 Merck Tbk Days Payable Chart

PT Merck Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.18

64.70

37.82

45.56

36.23

PT Merck Tbk Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															38.80	15.99	18.20	33.92	80.29

Competitive Comparison of PT Merck Tbk's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, PT Merck 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 Merck Tbk's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, PT Merck Tbk's Days Payable distribution charts can be found below:

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

PT Merck 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 Merck 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
=	( (90112.211	+	21251.488)	/	2 )	/	560961.595	*	365
=	55681.8495					/	560961.595	*	365
=	36.23

PT Merck Tbk's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (108652.877	+	145253.02)	/	2 )	/	144290.338	*	365 / 4
=	126952.9485					/	144290.338	*	365 / 4
=	80.29

PT Merck Tbk Days Payable Related Terms

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PT Merck Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » PT Merck Tbk (ISX:MERK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan T.B. Simatupang No. 8, Pasar Rebo, Jakarta Timur, IDN, 13760

Website

https://www.merck.co.id

PT Merck Tbk engages in the manufacture and sale of pharmaceutical products in Indonesia. The company operates in three segments: Biopharma, Consumer Health, and Others. The company offers pharmaceutical and biological prescription medicines for colorectal cancer, head and neck tumors, multiple sclerosis, infertility, growth hormone disorders, cardiovascular disorders, diabetes, as well as thyroid disorders such as hypothyroidism.

PT Merck Tbk Headlines

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