PT Argo Pantes Tbk (ISX:ARGO) Days Payable: 4,157.33 (As of Mar. 2026) — 1019% Above Median


ISX:ARGO PT Argo Pantes Tbk ISX:ARGO
46 GF Score
Price Rp995.00
GF Value Rp688.53
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PT Argo Pantes Tbk Days Payable?

PT Argo Pantes Tbk ISX:ARGO 46 Days Payable is 4,157.33 as of Mar. 2026, which is 1019% above its 10-year median of 371.43. GuruFocus rates ISX:ARGO with a GF Score™ of 46/100 and a GF Value™ of Rp688.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, PT Argo Pantes Tbk ranks better than 98.52% on this metric.

PT Argo Pantes Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp10,291 Mil. PT Argo Pantes Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp226 Mil. Hence, PT Argo Pantes Tbk's Days Payable for the three months ended in Mar. 2026 was 4,157.33.

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

ISX:ARGO' s Days Payable Range Over the Past 10 Years
Min: 93.78   Med: 371.43   Max: 131068.74
Current: 3036.26

During the past 13 years, PT Argo Pantes Tbk's highest Days Payable was 131068.74. The lowest was 93.78. And the median was 371.43.

ISX:ARGO's Days Payable is ranked better than
98.52% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99 vs ISX:ARGO: 3036.26

PT Argo Pantes Tbk's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (4,157.33). It may suggest that PT Argo Pantes Tbk delayed paying its suppliers.


PT Argo Pantes Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Argo Pantes 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 Argo Pantes Tbk Days Payable Chart

PT Argo Pantes 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 394.26 419.63 348.59 131,068.74 2,827.77

PT Argo Pantes 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 0.00 221.66 421.77 0.00 4,157.33

PT Argo Pantes Tbk Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, PT Argo Pantes 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 Argo Pantes Tbk Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Argo Pantes Tbk's Days Payable distribution charts can be found below:

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


ISX:ARGO
46GF Score
PT Argo Pantes Tbk ISX:ARGO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Argo Pantes 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 Argo Pantes 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
=( (68170.168 + 12864.113) / 2 ) / 5229.821*365
=40517.1405 / 5229.821*365
=2,827.77

PT Argo Pantes 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
=( (12864.113 + 7718.447) / 2 ) / 225.885*365 / 4
=10291.28 / 225.885*365 / 4
=4,157.33

* 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 4,157.33 mean?
PT Argo Pantes Tbk (ISX:ARGO) has a Days Payable of 4,157.33 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 Argo Pantes Tbk and its competitors. This is 1019% above median its historical median of 371.43. Over the past decade, PT Argo Pantes Tbk's Days Payable has ranged from 93.78 to 131,068.74. According to the industry distribution chart, PT Argo Pantes Tbk ranks #15 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1.5%.
Is PT Argo Pantes Tbk's Days Payable too high?
PT Argo Pantes Tbk's current Days Payable of 4,157.33 is 1019% above median its 10-year median of 371.43. Over the past 10 years, this metric has ranged from a low of 93.78 to a high of 131,068.74. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. PT Argo Pantes Tbk's value of 4,157.33 is 7600.2% above this industry median. Based on the distribution chart, PT Argo Pantes Tbk ranks #15 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, PT Argo Pantes Tbk has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Argo Pantes Tbk's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Argo Pantes Tbk ranks #15 out of 1013 companies for Days Payable. This places PT Argo Pantes Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.99. PT Argo Pantes Tbk's value of 4,157.33 is 7600.2% above this benchmark. Historically, PT Argo Pantes Tbk's own Days Payable has ranged from 93.78 to 131,068.74 over the past decade. While the company's 10-year median is 371.43 vs. the industry median of 53.99, PT Argo Pantes 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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 Argo Pantes Tbk's current Days Payable of 4,157.33 is 7600.2% 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 Argo Pantes Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Argo Pantes Tbk's current Days Payable is 4,157.33, which is 1019% above median its own 10-year median of 371.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Argo Pantes Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Argo Pantes Tbk (ISX:ARGO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp688.53, compared to a current price of Rp995.00 — trading 44.5% above its estimated fair value. The current Days Payable is 4,157.33, which is 1019% above median its 10-year median of 371.43 and 7600.2% above the Manufacturing - Apparel & Accessories industry median of 53.99. PT Argo Pantes Tbk's overall GF Score™ is 46/100 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 Argo Pantes Tbk (ISX:ARGO), the current Days Payable is 4,157.33 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 Argo Pantes Tbk (ISX:ARGO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Argo Pantes Tbk stock appears to be overvalued. The current stock price of Rp995.00 is trading 44.5% above its estimated GF Value™ of Rp688.53. GuruFocus considers PT Argo Pantes Tbk to be Significantly Overvalued.

Key valuation signals for ISX:ARGO:

  • Days Payable: 4,157.33 (1019% above median its 10-year median of 371.43)
  • GF Value™: Rp688.53 vs. price of Rp995.00 (44.5% above fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 7600.2% above the Manufacturing - Apparel & Accessories median (#15 of 1013)

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


PT Argo Pantes Tbk Business Description

Address Jalan. Jenderal Gatot Subroto No. 95, Kav.22, Wisma Argo Manunggal, 2nd Floor, Jakarta, IDN, 12930
PT Argo Pantes Tbk operates in the textile industry. The company is engaged in the production and sale of finished fabric, knitwear, and garments. The company has two operating segments, which include the textile industry and the rental, of which the majority of the revenue derives from the leasing of warehouse facilities located in strategic industrial and commercial hubs in Tangerang and Bekasi. The Company's revenue from its warehouse business is categorized into four segments: (1) cooperation income, (2) rent income, (3) energy, and (4) local.
46GF Score

Get the complete analysis for ISX:ARGO

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

Rp995.00
Price
Rp688.53
GF Value