Difference Between Mayora Vs. Delta Djakarta

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Mayora VS Delta Djakarta The food and beverages sector is one of the most important industries in the world economy. The food and beverage industry encompasses the harvesting, processing, milling, packaging, transporting, and distribution of products to consumers. This includes freshly prepared foods, as well as packaged foods, and alcoholic and non-alcoholic beverages. It is a complex, global collective of diverse businesses that supplies most of the food consumed by the world population. (globalEDGE, n.d.) Mayora and Delta Djakarta are both well-known companies in this sector. These companies are listed in the Indonesia Stock Exchange (IDX) with their respective codes (MYOR) and (DLTA) (Bursa Efek Indonesia, 2010.). As the both of them are…show more content…
They have been serving nourishment and happiness for more than 65 years successfully. Mayora is now recognized as a global company with diverse products that are divided into 8 categories. Among their well-known brands are Kopiko, Danisa, Roma, Energen, Torabika, Beng Beng, and more (Mayora, n.d.). On the other hand, founded in 1932, Delta Djakarta is continuously developing and producing new products. It is also divided in several categories; however, Delta Djakarta has been well known all around the world for its beer products (Delta Djakarta,…show more content…
Even though Mayora is much larger in size compared to Delta Djakarta, it is interesting to note that both companies share a few liabilities in common. The most compelling evidence is that their financial liabilities are classified as “at amortize cost” (Mayora & Delta Djakarta, n.d.). Also, are derecognized only when the obligation under the contract is discharged, has been cancelled, or has expired. Conversely, the two also share a significant difference in their liabilities. Although Mayora is more competitive in comparison to Delta Djakarta, Mayora still needs to borrow long-term loans to fund the business. This increases Mayora’s liability as the company has to bear the interest expense. While on the other hand, Delta Djakarta is independent enough to circulate its business with the help of retained earnings for the betterment of the
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