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PT Merdeka Copper Gold TbkFRA:B0C +3.13%49 Days Payable is 46.49 as of Mar. 2026, which is 4% below its 10-year median of 48.35. GuruFocus rates FRA:B0C with a GF Score™ of 49/100 and a GF Value™ of €0.16 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,063 Metals & Mining companies, PT Merdeka Copper Gold Tbk ranks worse than 80.43% on this metric.
* 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 Merdeka Copper Gold Tbk Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, PT Merdeka Copper Gold 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 Merdeka Copper Gold Tbk Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Merdeka Copper Gold Tbk's Days Payable distribution charts can be found below:
* The bar in red indicates where PT Merdeka Copper Gold Tbk's Days Payable falls into.
PT Merdeka Copper Gold 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.
* 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 Merdeka Copper Gold Tbk (FRA:B0C) has a Days Payable of 46.49 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 Merdeka Copper Gold Tbk and its competitors. This is near median its historical median of 48.35. Over the past decade, PT Merdeka Copper Gold Tbk's Days Payable has ranged from 34.69 to 57.06. According to the industry distribution chart, PT Merdeka Copper Gold Tbk ranks #855 out of 1063 companies in the Metals & Mining industry, placing it in the top 80.4%.
Is PT Merdeka Copper Gold Tbk's Days Payable too high?
PT Merdeka Copper Gold Tbk's current Days Payable of 46.49 is near median its 10-year median of 48.35. Over the past 10 years, this metric has ranged from a low of 34.69 to a high of 57.06. The Metals & Mining industry median Days Payable is 125.60. PT Merdeka Copper Gold Tbk's value of 46.49 is 63% below this industry median. Based on the distribution chart, PT Merdeka Copper Gold Tbk ranks #855 out of 1063 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Merdeka Copper Gold Tbk has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Copper Gold Tbk's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, PT Merdeka Copper Gold Tbk ranks #855 out of 1063 companies for Days Payable. This places PT Merdeka Copper Gold Tbk in the lower half of its industry. The industry median Days Payable is 125.60. PT Merdeka Copper Gold Tbk's value of 46.49 is 63% below this benchmark. Historically, PT Merdeka Copper Gold Tbk's own Days Payable has ranged from 34.69 to 57.06 over the past decade. While the company's 10-year median is 48.35 vs. the industry median of 125.60, PT Merdeka Copper Gold 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 a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.60, based on 1,063 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 Merdeka Copper Gold Tbk's current Days Payable of 46.49 is 63% 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 Merdeka Copper Gold Tbk and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Copper Gold Tbk's current Days Payable is 46.49, which is near median its own 10-year median of 48.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Copper Gold Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk (FRA:B0C) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.16, compared to a current price of €0.13 — trading 17.5% below its estimated fair value. The current Days Payable is 46.49, which is near median its 10-year median of 48.35 and 63% below the Metals & Mining industry median of 125.60. PT Merdeka Copper Gold Tbk's overall GF Score™ is 49/100 with 6 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 Merdeka Copper Gold Tbk (FRA:B0C), the current Days Payable is 46.49 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 Merdeka Copper Gold Tbk (FRA:B0C) Overvalued in 2026?
Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk stock appears to be undervalued.
The current stock price of €0.13 is trading 17.5% below its estimated GF Value™ of €0.16.
GuruFocus considers PT Merdeka Copper Gold Tbk to be Modestly Undervalued.
Key valuation signals for FRA:B0C:
Days Payable: 46.49 (near median its 10-year median of 48.35)
GF Value™: €0.16 vs. price of €0.13 (17.5% below fair value)
Industry Position: 63% below the Metals & Mining median (#855 of 1063)
No single metric tells the full story. See the FRA:B0C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. Along with its subsidiary, the company engages in the field of mining and other management consultancy activities. The company's gold projects consist of the Tujuh Bukit Gold Mine and the Pani Gold Project. The copper projects include Wetar Copper Mine and Tujuh Bukit Copper Project. The Nickel project comprises SCM Mine, RKEF Smelters, Nickel Matte Converter, AIM Project, HPAL Facilities, and IKIP. The majority of the company's revenue is generated by the Nickel segment.
49GF Score
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