PT Asiaplast Industries Tbk (ISX:APLI) Days Payable: 32.58 (As of Jun. 2026) — 40% Above Median

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:APLI PT Asiaplast Industries Tbk ISX:APLI
49 GF Score
Price Rp270.00
GF Value Rp380.43
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Asiaplast Industries Tbk Days Payable?

PT Asiaplast Industries Tbk ISX:APLI +0.75% 49 Days Payable is 32.58 as of Jun. 2026, which is 40% above its 10-year median of 23.22. GuruFocus rates ISX:APLI with a GF Score™ of 49/100 and a GF Value™ of Rp380.43 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 389 Packaging & Containers companies, PT Asiaplast Industries Tbk ranks worse than 84.06% on this metric.

PT Asiaplast Industries Tbk's average Accounts Payable for the three months ended in Jun. 2026 was Rp24,855 Mil. PT Asiaplast Industries Tbk's Cost of Goods Sold for the three months ended in Jun. 2026 was Rp69,619 Mil. Hence, PT Asiaplast Industries Tbk's Days Payable for the three months ended in Jun. 2026 was 32.58.

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

ISX:APLI' s Days Payable Range Over the Past 10 Years
Min: 19.11   Med: 23.22   Max: 28.12
Current: 28.12

During the past 7 years, PT Asiaplast Industries Tbk's highest Days Payable was 28.12. The lowest was 19.11. And the median was 23.22.

ISX:APLI's Days Payable is ranked worse than
84.06% of 389 companies
in the Packaging & Containers industry
Industry Median: 58.15 vs ISX:APLI: 28.12

PT Asiaplast Industries Tbk's Days Payable increased from Jun. 2025 (26.42) to Jun. 2026 (32.58). It may suggest that PT Asiaplast Industries Tbk delayed paying its suppliers.


PT Asiaplast Industries Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Asiaplast Industries 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 Asiaplast Industries Tbk Days Payable Chart

PT Asiaplast Industries Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 23.22 22.94 24.87 25.62 27.86

PT Asiaplast Industries Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 26.42 24.30 24.59 32.64 32.58

ISX:APLI vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, PT Asiaplast Industries 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 Asiaplast Industries Tbk Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Asiaplast Industries Tbk's Days Payable distribution charts can be found below:

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


ISX:APLI
49GF Score
PT Asiaplast Industries Tbk ISX:APLI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Asiaplast Industries 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 Asiaplast Industries 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
=( (20852.853 + 19577.941) / 2 ) / 264887.697*365
=20215.397 / 264887.697*365
=27.86

PT Asiaplast Industries Tbk's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (26443.102 + 23267.314) / 2 ) / 69618.602*365 / 4
=24855.208 / 69618.602*365 / 4
=32.58

* 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 32.58 mean?
PT Asiaplast Industries Tbk (ISX:APLI) has a Days Payable of 32.58 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Asiaplast Industries Tbk and its competitors. This is 40% above median its historical median of 23.22. Over the past decade, PT Asiaplast Industries Tbk's Days Payable has ranged from 19.11 to 28.12. According to the industry distribution chart, PT Asiaplast Industries Tbk ranks #327 out of 389 companies in the Packaging & Containers industry, placing it in the top 84.1%.
Is PT Asiaplast Industries Tbk's Days Payable too high?
PT Asiaplast Industries Tbk's current Days Payable of 32.58 is 40% above median its 10-year median of 23.22. Over the past 10 years, this metric has ranged from a low of 19.11 to a high of 28.12. The Packaging & Containers industry median Days Payable is 58.15. PT Asiaplast Industries Tbk's value of 32.58 is 44% below this industry median. Based on the distribution chart, PT Asiaplast Industries Tbk ranks #327 out of 389 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, PT Asiaplast Industries 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 Asiaplast Industries Tbk's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PT Asiaplast Industries Tbk ranks #327 out of 389 companies for Days Payable. This places PT Asiaplast Industries Tbk in the lower half of its industry. The industry median Days Payable is 58.15. PT Asiaplast Industries Tbk's value of 32.58 is 44% below this benchmark. Historically, PT Asiaplast Industries Tbk's own Days Payable has ranged from 19.11 to 28.12 over the past decade. While the company's 10-year median is 23.22 vs. the industry median of 58.15, PT Asiaplast Industries 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 58.15, based on 389 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 Asiaplast Industries Tbk's current Days Payable of 32.58 is 44% 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 Asiaplast Industries Tbk and its competitors. For the Packaging & Containers industry, the median Days Payable is 58.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asiaplast Industries Tbk's current Days Payable is 32.58, which is 40% above median its own 10-year median of 23.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asiaplast Industries Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asiaplast Industries Tbk (ISX:APLI) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp380.43, compared to a current price of Rp270.00 — trading 29% below its estimated fair value. The current Days Payable is 32.58, which is 40% above median its 10-year median of 23.22 and 44% below the Packaging & Containers industry median of 58.15. PT Asiaplast Industries Tbk's overall GF Score™ is 49/100 with 4 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 Asiaplast Industries Tbk (ISX:APLI), the current Days Payable is 32.58 as of Jun. 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 Asiaplast Industries Tbk (ISX:APLI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Asiaplast Industries Tbk stock appears to be undervalued. The current stock price of Rp270.00 is trading 29% below its estimated GF Value™ of Rp380.43. GuruFocus considers PT Asiaplast Industries Tbk to be Modestly Undervalued.

Key valuation signals for ISX:APLI:

  • Days Payable: 32.58 (40% above median its 10-year median of 23.22)
  • GF Value™: Rp380.43 vs. price of Rp270.00 (29% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 44% below the Packaging & Containers median (#327 of 389)

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


PT Asiaplast Industries Tbk Business Description

Address Jalan K.H. E.Z. Muttaqien No. 94, Kel. Gembor, Kec. Periuk, Banten, Tangerang, IDN, 15133
PT Asiaplast Industries Tbk is an Indonesian company that operates in the plastic manufacturing industry. It is engaged in the manufacture of plastic products for building materials, packaging, household equipment, and appliances made of plastic (excluding furniture), technical and industrial plastic goods and equipment, as well as other plastic products not elsewhere classified. The company's product portfolio comprises flexible films and sheets, leatherette, rigid films and sheets, polyethylene terephthalate (PET) sheets, polypropylene sheets, and thermoforming plastic products, among others. Geographically, the company derives all of its revenue from the local market.
49GF Score

Get the complete analysis for ISX:APLI

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

Rp270.00
Price
Rp380.43
GF Value