Pt Multi Makmur Lemindo Tbk (ISX:PIPA) Accounts Payable: Rp4,610 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:PIPA Pt Multi Makmur Lemindo Tbk ISX:PIPA
63 GF Score
Price Rp123.00
GF Value Rp33.18
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Pt Multi Makmur Lemindo Tbk Accounts Payable?

Pt Multi Makmur Lemindo Tbk ISX:PIPA -3.15% 63 Accounts Payable is Rp4,610 Mil as of Mar. 2026. GuruFocus rates ISX:PIPA with a GF Score™ of 63/100 and a GF Value™ of Rp33.18 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Pt Multi Makmur Lemindo Tbk's Accounts Payable for the quarter that ended in Mar. 2026 was Rp4,610 Mil.

Pt Multi Makmur Lemindo Tbk's quarterly Accounts Payable increased from Sep. 2025 (Rp4,068 Mil) to Dec. 2025 (Rp5,413 Mil) but then declined from Dec. 2025 (Rp5,413 Mil) to Mar. 2026 (Rp4,610 Mil).

Pt Multi Makmur Lemindo Tbk's annual Accounts Payable increased from Dec. 2023 (Rp4,359 Mil) to Dec. 2024 (Rp5,697 Mil) but then declined from Dec. 2024 (Rp5,697 Mil) to Dec. 2025 (Rp5,413 Mil).


Pt Multi Makmur Lemindo Tbk Accounts Payable Related Terms


Pt Multi Makmur Lemindo Tbk Accounts Payable Historical Data

* Premium members only.

The historical data trend for Pt Multi Makmur Lemindo Tbk's Accounts 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.

Pt Multi Makmur Lemindo Tbk Accounts Payable Chart

Pt Multi Makmur Lemindo Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial 7,802.37 3,319.29 4,359.41 5,696.87 5,412.89

Pt Multi Makmur Lemindo Tbk Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,390.91 4,853.02 4,067.79 5,412.89 4,610.29
ISX:PIPA
63GF Score
Pt Multi Makmur Lemindo Tbk ISX:PIPA
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pt Multi Makmur Lemindo Tbk Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of Rp4,610 Mil mean?
Pt Multi Makmur Lemindo Tbk (ISX:PIPA) has a Accounts Payable of Rp4,610 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Pt Multi Makmur Lemindo Tbk and its competitors.
Is Pt Multi Makmur Lemindo Tbk's Accounts Payable too high?
Pt Multi Makmur Lemindo Tbk's current Accounts Payable is Rp4,610 Mil. Overall, Pt Multi Makmur Lemindo Tbk has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pt Multi Makmur Lemindo Tbk's Accounts Payable compare to TT and JCI?
Pt Multi Makmur Lemindo Tbk's Accounts Payable of Rp4,610 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Construction company?
A good Accounts Payable depends on the Construction industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Pt Multi Makmur Lemindo Tbk and its competitors. Pt Multi Makmur Lemindo Tbk's current Accounts Payable is Rp4,610 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pt Multi Makmur Lemindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, Pt Multi Makmur Lemindo Tbk (ISX:PIPA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp33.18, compared to a current price of Rp123.00 — trading 270.7% above its estimated fair value. The current Accounts Payable is Rp4,610 Mil. Pt Multi Makmur Lemindo Tbk's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Pt Multi Makmur Lemindo Tbk (ISX:PIPA), the current Accounts Payable is Rp4,610 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pt Multi Makmur Lemindo Tbk (ISX:PIPA) Overvalued in 2026?

Based on GuruFocus' analysis, Pt Multi Makmur Lemindo Tbk stock appears to be overvalued. The current stock price of Rp123.00 is trading 270.7% above its estimated GF Value™ of Rp33.18. GuruFocus considers Pt Multi Makmur Lemindo Tbk to be Significantly Overvalued.

Key valuation signals for ISX:PIPA:

  • Accounts Payable: Rp4,610 Mil
  • GF Value™: Rp33.18 vs. price of Rp123.00 (270.7% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the ISX:PIPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pt Multi Makmur Lemindo Tbk Business Description

Address Jl. Sultan Iskandar Muda No.70, Kedaung Baru, Neglasari Tangerang, Banten, Tangerang, IDN, 15128
Pt Multi Makmur Lemindo Tbk is engaged in the engaged in manufacturing building materials made of PVC-based plastic such as PVC pipes, PVC fittings, PVC Hose, Cast Buckets and Water Tanks by toll-free at other factories using its patented brand.
63GF Score

Get the complete analysis for ISX:PIPA

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp123.00
Price
Rp33.18
GF Value