PT Indocement Tunggal Prakarsa Tbk (FRA:ITP) Days Payable: 50.66 (As of Mar. 2026) — 12% Below Median


FRA:ITP PT Indocement Tunggal Prakarsa Tbk FRA:ITP
57 GF Score
Price €0.22
GF Value €0.37
Valuation Significantly Undervalued
! 5 Warning Signs
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What is PT Indocement Tunggal Prakarsa Tbk Days Payable?

PT Indocement Tunggal Prakarsa Tbk FRA:ITP +14.89% 57 Days Payable is 50.66 as of Mar. 2026, which is 12% below its 10-year median of 57.61. GuruFocus rates FRA:ITP with a GF Score™ of 57/100 and a GF Value™ of €0.37 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 394 Building Materials companies, PT Indocement Tunggal Prakarsa Tbk ranks worse than 72.59% on this metric.

PT Indocement Tunggal Prakarsa Tbk's average Accounts Payable for the three months ended in Mar. 2026 was €77.8 Mil. PT Indocement Tunggal Prakarsa Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was €140.2 Mil. Hence, PT Indocement Tunggal Prakarsa Tbk's Days Payable for the three months ended in Mar. 2026 was 50.66.

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

FRA:ITP' s Days Payable Range Over the Past 10 Years
Min: 44.33   Med: 57.61   Max: 69.31
Current: 44.33

During the past 13 years, PT Indocement Tunggal Prakarsa Tbk's highest Days Payable was 69.31. The lowest was 44.33. And the median was 57.61.

FRA:ITP's Days Payable is ranked worse than
72.59% of 394 companies
in the Building Materials industry
Industry Median: 69.765 vs FRA:ITP: 44.33

PT Indocement Tunggal Prakarsa Tbk's Days Payable declined from Mar. 2025 (53.46) to Mar. 2026 (50.66). It may suggest that PT Indocement Tunggal Prakarsa Tbk accelerated paying its suppliers.


PT Indocement Tunggal Prakarsa Tbk Days Payable Related Terms


PT Indocement Tunggal Prakarsa Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk Days Payable Chart

PT Indocement Tunggal Prakarsa 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 67.48 64.65 54.65 51.51 56.37

PT Indocement Tunggal Prakarsa 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 53.46 46.00 39.34 44.23 50.66

FRA:ITP vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Indocement Tunggal Prakarsa Tbk's Days Payable distribution charts can be found below:

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


FRA:ITP
57GF Score
PT Indocement Tunggal Prakarsa Tbk FRA:ITP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa 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
=( (106.639 + 82.225) / 2 ) / 611.414*365
=94.432 / 611.414*365
=56.37

PT Indocement Tunggal Prakarsa 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
=( (82.225 + 73.416) / 2 ) / 140.171*365 / 4
=77.8205 / 140.171*365 / 4
=50.66

* 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 50.66 mean?
PT Indocement Tunggal Prakarsa Tbk (FRA:ITP) has a Days Payable of 50.66 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 Indocement Tunggal Prakarsa Tbk and its competitors. This is 12% below median its historical median of 57.61. Over the past decade, PT Indocement Tunggal Prakarsa Tbk's Days Payable has ranged from 44.33 to 69.31. According to the industry distribution chart, PT Indocement Tunggal Prakarsa Tbk ranks #286 out of 394 companies in the Building Materials industry, placing it in the top 72.6%.
Is PT Indocement Tunggal Prakarsa Tbk's Days Payable too high?
PT Indocement Tunggal Prakarsa Tbk's current Days Payable of 50.66 is 12% below median its 10-year median of 57.61. Over the past 10 years, this metric has ranged from a low of 44.33 to a high of 69.31. The Building Materials industry median Days Payable is 69.77. PT Indocement Tunggal Prakarsa Tbk's value of 50.66 is 27.4% below this industry median. Based on the distribution chart, PT Indocement Tunggal Prakarsa Tbk ranks #286 out of 394 companies in the Building Materials industry, which is below the industry midpoint. Overall, PT Indocement Tunggal Prakarsa Tbk has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indocement Tunggal Prakarsa Tbk's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Indocement Tunggal Prakarsa Tbk ranks #286 out of 394 companies for Days Payable. This places PT Indocement Tunggal Prakarsa Tbk in the lower half of its industry. The industry median Days Payable is 69.77. PT Indocement Tunggal Prakarsa Tbk's value of 50.66 is 27.4% below this benchmark. Historically, PT Indocement Tunggal Prakarsa Tbk's own Days Payable has ranged from 44.33 to 69.31 over the past decade. While the company's 10-year median is 57.61 vs. the industry median of 69.77, PT Indocement Tunggal Prakarsa 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.77, based on 394 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 Indocement Tunggal Prakarsa Tbk's current Days Payable of 50.66 is 27.4% 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 Indocement Tunggal Prakarsa Tbk and its competitors. For the Building Materials industry, the median Days Payable is 69.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indocement Tunggal Prakarsa Tbk's current Days Payable is 50.66, which is 12% below median its own 10-year median of 57.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indocement Tunggal Prakarsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indocement Tunggal Prakarsa Tbk (FRA:ITP) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.37, compared to a current price of €0.22 — trading 41.6% below its estimated fair value. The current Days Payable is 50.66, which is 12% below median its 10-year median of 57.61 and 27.4% below the Building Materials industry median of 69.77. PT Indocement Tunggal Prakarsa Tbk's overall GF Score™ is 57/100 with 5 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 Indocement Tunggal Prakarsa Tbk (FRA:ITP), the current Days Payable is 50.66 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 Indocement Tunggal Prakarsa Tbk (FRA:ITP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indocement Tunggal Prakarsa Tbk stock appears to be undervalued. The current stock price of €0.22 is trading 41.6% below its estimated GF Value™ of €0.37. GuruFocus considers PT Indocement Tunggal Prakarsa Tbk to be Significantly Undervalued.

Key valuation signals for FRA:ITP:

  • Days Payable: 50.66 (12% below median its 10-year median of 57.61)
  • GF Value™: €0.37 vs. price of €0.22 (41.6% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 27.4% below the Building Materials median (#286 of 394)

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


PT Indocement Tunggal Prakarsa Tbk Business Description

Other Exchanges PITPY:USAINTP:Indonesia
Address Jalan Jenderal Sudirman Kavling 70-71, Wisma Indocement, 13th Floor, Jakarta, IDN, 12910
PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement, concrete, and cement-related products. The firm operates in three segments cement, ready-mix concrete, and aggregates quarries. The Cement segment, which generates the vast majority of revenue, sells cement under the Tiga Roda brand, to retailers and the residential construction industry. The Ready-Mix Concrete segment sells concrete to the building and construction industries.
57GF Score

Get the complete analysis for FRA:ITP

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

€0.22
Price
€0.37
GF Value