PT Harum Energy Tbk (FRA:44H) Days Payable: 59.87 (As of Mar. 2026) — 65% Above Median


FRA:44H PT Harum Energy Tbk FRA:44H
75 GF Score
Price €0.03
GF Value €0.06
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is PT Harum Energy Tbk Days Payable?

PT Harum Energy Tbk FRA:44H +2.00% 75 Days Payable is 59.87 as of Mar. 2026, which is 65% above its 10-year median of 36.18. GuruFocus rates FRA:44H with a GF Score™ of 75/100 and a GF Value™ of €0.06 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 128 Other Energy Sources companies, PT Harum Energy Tbk ranks worse than 69.53% on this metric.

PT Harum Energy Tbk's average Accounts Payable for the three months ended in Mar. 2026 was €160 Mil. PT Harum Energy Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was €243 Mil. Hence, PT Harum Energy Tbk's Days Payable for the three months ended in Mar. 2026 was 59.87.

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

FRA:44H' s Days Payable Range Over the Past 10 Years
Min: 18.49   Med: 36.18   Max: 74.2
Current: 46.06

During the past 13 years, PT Harum Energy Tbk's highest Days Payable was 74.20. The lowest was 18.49. And the median was 36.18.

FRA:44H's Days Payable is ranked worse than
69.53% of 128 companies
in the Other Energy Sources industry
Industry Median: 66.315 vs FRA:44H: 46.06

PT Harum Energy Tbk's Days Payable increased from Mar. 2025 (44.52) to Mar. 2026 (59.87). It may suggest that PT Harum Energy Tbk delayed paying its suppliers.


PT Harum Energy Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Harum Energy 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.

PT Harum Energy Tbk Days Payable Chart

PT Harum Energy Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.86 18.66 33.99 35.80 39.00

PT Harum Energy Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 Premium Member Only Premium Member Only 44.52 36.69 36.70 39.80 59.87

PT Harum Energy Tbk Days Payable Competitor Comparison

For the Thermal Coal subindustry, PT Harum Energy 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 Harum Energy Tbk Days Payable vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Harum Energy Tbk's Days Payable distribution charts can be found below:

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


FRA:44H
75GF Score
PT Harum Energy Tbk FRA:44H
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Harum Energy 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 Harum Energy Tbk's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (116.542 + 88.181) / 2 ) / 958.049*365
=102.3615 / 958.049*365
=39.00

PT Harum Energy Tbk's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (88.181 + 231.1) / 2 ) / 243.312*365 / 4
=159.6405 / 243.312*365 / 4
=59.87

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 59.87 mean?
PT Harum Energy Tbk (FRA:44H) has a Days Payable of 59.87 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Harum Energy Tbk and its competitors. This is 65% above median its historical median of 36.18. Over the past decade, PT Harum Energy Tbk's Days Payable has ranged from 18.49 to 74.20. According to the industry distribution chart, PT Harum Energy Tbk ranks #89 out of 128 companies in the Other Energy Sources industry, placing it in the top 69.5%.
Is PT Harum Energy Tbk's Days Payable too high?
PT Harum Energy Tbk's current Days Payable of 59.87 is 65% above median its 10-year median of 36.18. Over the past 10 years, this metric has ranged from a low of 18.49 to a high of 74.20. The Other Energy Sources industry median Days Payable is 66.32. PT Harum Energy Tbk's value of 59.87 is 9.7% below this industry median. Based on the distribution chart, PT Harum Energy Tbk ranks #89 out of 128 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, PT Harum Energy Tbk has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Harum Energy Tbk's Days Payable compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Harum Energy Tbk ranks #89 out of 128 companies for Days Payable. This places PT Harum Energy Tbk in the lower half of its industry. The industry median Days Payable is 66.32. PT Harum Energy Tbk's value of 59.87 is 9.7% below this benchmark. Historically, PT Harum Energy Tbk's own Days Payable has ranged from 18.49 to 74.20 over the past decade. While the company's 10-year median is 36.18 vs. the industry median of 66.32, PT Harum Energy Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 66.32, based on 128 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Harum Energy Tbk's current Days Payable of 59.87 is 9.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Harum Energy Tbk and its competitors. For the Other Energy Sources industry, the median Days Payable is 66.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Harum Energy Tbk's current Days Payable is 59.87, which is 65% above median its own 10-year median of 36.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Harum Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Harum Energy Tbk (FRA:44H) is currently considered Possible Value Trap. The stock's GF Value™ is €0.06, compared to a current price of €0.03 — trading 57.5% below its estimated fair value. The current Days Payable is 59.87, which is 65% above median its 10-year median of 36.18 and 9.7% below the Other Energy Sources industry median of 66.32. PT Harum Energy Tbk's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For PT Harum Energy Tbk (FRA:44H), the current Days Payable is 59.87 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 Harum Energy Tbk (FRA:44H) Overvalued in 2026?

Based on GuruFocus' analysis, PT Harum Energy Tbk stock appears to be undervalued. The current stock price of €0.03 is trading 57.5% below its estimated GF Value™ of €0.06. GuruFocus considers PT Harum Energy Tbk to be Possible Value Trap.

Key valuation signals for FRA:44H:

  • Days Payable: 59.87 (65% above median its 10-year median of 36.18)
  • GF Value™: €0.06 vs. price of €0.03 (57.5% below fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 9.7% below the Other Energy Sources median (#89 of 128)

No single metric tells the full story. See the FRA:44H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Harum Energy Tbk Business Description

Other Exchanges HRUM:Indonesia
Address Jalan Imam Bonjol No. 80, Deutsche Bank Building, 9th Floor, Jakarta Pusat, Jakarta, IDN, 10310
PT Harum Energy Tbk is a holding company engaged in the coal mining and logistics business in East Kalimantan, Indonesia. The company's activity is broken down into various segments, which include Coal mining sectors; Rental and service sectors; Nickel Smelter; and Other sectors. It serves coal-fired power-generating and manufacturing companies. Geographically, the firm generates revenue from East Asia, South Asia, Southeast Asia, and Europe. The firm generates the majority of its revenue from the Nickel Smelter, which consists of the Nickel Smelter sector by IMI, WMI, and BSE.
75GF Score

Get the complete analysis for FRA:44H

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

€0.03
Price
€0.06
GF Value