PT Alkindo Naratama Tbk (ISX:ALDO) Days Payable: 69.53 (As of Mar. 2026) — Near Median


ISX:ALDO PT Alkindo Naratama Tbk ISX:ALDO
70 GF Score
Price Rp705.00
GF Value Rp590.36
Valuation Modestly Overvalued
! 7 Warning Signs
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What is PT Alkindo Naratama Tbk Days Payable?

PT Alkindo Naratama Tbk ISX:ALDO +1.44% 70 Days Payable is 69.53 as of Mar. 2026, which is 6% below its 10-year median of 73.74. GuruFocus rates ISX:ALDO with a GF Score™ of 70/100 and a GF Value™ of Rp590.36 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 276 Forest Products companies, PT Alkindo Naratama Tbk ranks better than 57.97% on this metric.

PT Alkindo Naratama Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp336,179 Mil. PT Alkindo Naratama Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp441,190 Mil. Hence, PT Alkindo Naratama Tbk's Days Payable for the three months ended in Mar. 2026 was 69.53.

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

ISX:ALDO' s Days Payable Range Over the Past 10 Years
Min: 66.38   Med: 73.74   Max: 106.31
Current: 66.81

During the past 13 years, PT Alkindo Naratama Tbk's highest Days Payable was 106.31. The lowest was 66.38. And the median was 73.74.

ISX:ALDO's Days Payable is ranked better than
57.97% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs ISX:ALDO: 66.81

PT Alkindo Naratama Tbk's Days Payable declined from Mar. 2025 (78.62) to Mar. 2026 (69.53). It may suggest that PT Alkindo Naratama Tbk accelerated paying its suppliers.


PT Alkindo Naratama Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Alkindo Naratama 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 Alkindo Naratama Tbk Days Payable Chart

PT Alkindo Naratama 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 67.39 72.01 66.38 77.50 74.04

PT Alkindo Naratama 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 78.62 67.27 63.66 67.48 69.53

ISX:ALDO vs SLVM: Days Payable Comparison

For the Paper & Paper Products subindustry, PT Alkindo Naratama 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 Alkindo Naratama Tbk Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Alkindo Naratama Tbk's Days Payable distribution charts can be found below:

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


ISX:ALDO
70GF Score
PT Alkindo Naratama Tbk ISX:ALDO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Alkindo Naratama 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 Alkindo Naratama 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
=( (380154.384 + 352283.15) / 2 ) / 1805361.733*365
=366218.767 / 1805361.733*365
=74.04

PT Alkindo Naratama 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
=( (352283.15 + 320075.269) / 2 ) / 441190.099*365 / 4
=336179.2095 / 441190.099*365 / 4
=69.53

* 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 69.53 mean?
PT Alkindo Naratama Tbk (ISX:ALDO) has a Days Payable of 69.53 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 Alkindo Naratama Tbk and its competitors. This is near median its historical median of 73.74. Over the past decade, PT Alkindo Naratama Tbk's Days Payable has ranged from 66.38 to 106.31. According to the industry distribution chart, PT Alkindo Naratama Tbk ranks #116 out of 276 companies in the Forest Products industry, placing it in the top 42%.
Is PT Alkindo Naratama Tbk's Days Payable too high?
PT Alkindo Naratama Tbk's current Days Payable of 69.53 is near median its 10-year median of 73.74. Over the past 10 years, this metric has ranged from a low of 66.38 to a high of 106.31. The Forest Products industry median Days Payable is 57.93. PT Alkindo Naratama Tbk's value of 69.53 is 20% above this industry median. Based on the distribution chart, PT Alkindo Naratama Tbk ranks #116 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, PT Alkindo Naratama Tbk has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Alkindo Naratama Tbk's Days Payable compare to SLVM?
According to the Forest Products industry distribution chart, PT Alkindo Naratama Tbk ranks #116 out of 276 companies for Days Payable. This puts PT Alkindo Naratama Tbk in the upper half of its industry. The industry median Days Payable is 57.93. PT Alkindo Naratama Tbk's value of 69.53 is 20% above this benchmark. Historically, PT Alkindo Naratama Tbk's own Days Payable has ranged from 66.38 to 106.31 over the past decade. While the company's 10-year median is 73.74 vs. the industry median of 57.93, PT Alkindo Naratama Tbk has consistently been above 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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 Alkindo Naratama Tbk's current Days Payable of 69.53 is 20% above 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 Alkindo Naratama Tbk and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Alkindo Naratama Tbk's current Days Payable is 69.53, which is near median its own 10-year median of 73.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Alkindo Naratama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Alkindo Naratama Tbk (ISX:ALDO) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp590.36, compared to a current price of Rp705.00 — trading 19.4% above its estimated fair value. The current Days Payable is 69.53, which is near median its 10-year median of 73.74 and 20% above the Forest Products industry median of 57.93. PT Alkindo Naratama Tbk's overall GF Score™ is 70/100 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 Alkindo Naratama Tbk (ISX:ALDO), the current Days Payable is 69.53 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 Alkindo Naratama Tbk (ISX:ALDO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Alkindo Naratama Tbk stock appears to be overvalued. The current stock price of Rp705.00 is trading 19.4% above its estimated GF Value™ of Rp590.36. GuruFocus considers PT Alkindo Naratama Tbk to be Modestly Overvalued.

Key valuation signals for ISX:ALDO:

  • Days Payable: 69.53 (near median its 10-year median of 73.74)
  • GF Value™: Rp590.36 vs. price of Rp705.00 (19.4% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 20% above the Forest Products median (#116 of 276)

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


PT Alkindo Naratama Tbk Business Description

Address Jalan Industri Cimareme II No. 14, RT:004/RW:005, Cimerang, Padalarang, Bandung Barat, Bandung, IDN
PT Alkindo Naratama Tbk is an Indonesian business group engaged in providing solutions in the field of integrated paper production and chemicals. It converts waste paper into various paper packaging products such as papercore, paperbox, paperbag, papercup, paperbowl, hexa wrap, etc. Additionally, it offers industrial paper solutions by recycling used cardboard into jumbo rolls of brown paper into products such as Kraft Liner, Eco Board, and Core Board. In the Chemicals business, the Group offers water-based polymers, textile dyes, and other chemicals under brands and trademarks like Alfachem, Alfabond, Alfacoat, and Archroma. The Group's operating business segments are: Paper, which generates the maximum revenue, and Chemicals and others.
70GF Score

Get the complete analysis for ISX:ALDO

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

Rp705.00
Price
Rp590.36
GF Value