PT Arkha Jayanti Persada Tbk (ISX:ARKA) Days Payable: 162.42 (As of Sep. 2025) — 12% 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:ARKA PT Arkha Jayanti Persada Tbk ISX:ARKA
71 GF Score
Price Rp22.00
GF Value Rp35.61
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is PT Arkha Jayanti Persada Tbk Days Payable?

PT Arkha Jayanti Persada Tbk ISX:ARKA 71 Days Payable is 162.42 as of Sep. 2025, which is 12% above its 10-year median of 145.11. GuruFocus rates ISX:ARKA with a GF Score™ of 71/100 and a GF Value™ of Rp35.61 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 945 Business Services companies, PT Arkha Jayanti Persada Tbk ranks better than 80.11% on this metric.

PT Arkha Jayanti Persada Tbk's average Accounts Payable for the three months ended in Sep. 2025 was Rp48,662 Mil. PT Arkha Jayanti Persada Tbk's Cost of Goods Sold for the three months ended in Sep. 2025 was Rp27,339 Mil. Hence, PT Arkha Jayanti Persada Tbk's Days Payable for the three months ended in Sep. 2025 was 162.42.

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

ISX:ARKA' s Days Payable Range Over the Past 10 Years
Min: 112.8   Med: 145.11   Max: 290.13
Current: 126.24

During the past 10 years, PT Arkha Jayanti Persada Tbk's highest Days Payable was 290.13. The lowest was 112.80. And the median was 145.11.

ISX:ARKA's Days Payable is ranked better than
80.11% of 945 companies
in the Business Services industry
Industry Median: 45.76 vs ISX:ARKA: 126.24

PT Arkha Jayanti Persada Tbk's Days Payable increased from Sep. 2024 (112.51) to Sep. 2025 (162.42). It may suggest that PT Arkha Jayanti Persada Tbk delayed paying its suppliers.


PT Arkha Jayanti Persada Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Arkha Jayanti Persada 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 Arkha Jayanti Persada Tbk Days Payable Chart

PT Arkha Jayanti Persada Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.40 243.03 112.80 145.11 161.31

PT Arkha Jayanti Persada Tbk Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 112.51 100.96 114.98 101.55 162.42

ISX:ARKA vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, PT Arkha Jayanti Persada 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 Arkha Jayanti Persada Tbk Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, PT Arkha Jayanti Persada Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Arkha Jayanti Persada Tbk's Days Payable falls into.


ISX:ARKA
71GF Score
PT Arkha Jayanti Persada Tbk ISX:ARKA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Arkha Jayanti Persada 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 Arkha Jayanti Persada Tbk's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (51813.751 + 34962.674) / 2 ) / 98174.553*365
=43388.2125 / 98174.553*365
=161.31

PT Arkha Jayanti Persada Tbk's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (33756.121 + 63568.803) / 2 ) / 27338.732*365 / 4
=48662.462 / 27338.732*365 / 4
=162.42

* 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 162.42 mean?
PT Arkha Jayanti Persada Tbk (ISX:ARKA) has a Days Payable of 162.42 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Arkha Jayanti Persada Tbk and its competitors. This is 12% above median its historical median of 145.11. Over the past decade, PT Arkha Jayanti Persada Tbk's Days Payable has ranged from 112.80 to 290.13. According to the industry distribution chart, PT Arkha Jayanti Persada Tbk ranks #188 out of 945 companies in the Business Services industry, placing it in the top 19.9%.
Is PT Arkha Jayanti Persada Tbk's Days Payable too high?
PT Arkha Jayanti Persada Tbk's current Days Payable of 162.42 is 12% above median its 10-year median of 145.11. Over the past 10 years, this metric has ranged from a low of 112.80 to a high of 290.13. The Business Services industry median Days Payable is 45.76. PT Arkha Jayanti Persada Tbk's value of 162.42 is 254.9% above this industry median. Based on the distribution chart, PT Arkha Jayanti Persada Tbk ranks #188 out of 945 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, PT Arkha Jayanti Persada Tbk has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Arkha Jayanti Persada Tbk's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PT Arkha Jayanti Persada Tbk ranks #188 out of 945 companies for Days Payable. This places PT Arkha Jayanti Persada Tbk in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 45.76. PT Arkha Jayanti Persada Tbk's value of 162.42 is 254.9% above this benchmark. Historically, PT Arkha Jayanti Persada Tbk's own Days Payable has ranged from 112.80 to 290.13 over the past decade. While the company's 10-year median is 145.11 vs. the industry median of 45.76, PT Arkha Jayanti Persada 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 Business Services company?
The median Days Payable among Business Services companies is 45.76, based on 945 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 Arkha Jayanti Persada Tbk's current Days Payable of 162.42 is 254.9% 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 Arkha Jayanti Persada Tbk and its competitors. For the Business Services industry, the median Days Payable is 45.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Arkha Jayanti Persada Tbk's current Days Payable is 162.42, which is 12% above median its own 10-year median of 145.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Arkha Jayanti Persada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Arkha Jayanti Persada Tbk (ISX:ARKA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp35.61, compared to a current price of Rp22.00 — trading 38.2% below its estimated fair value. The current Days Payable is 162.42, which is 12% above median its 10-year median of 145.11 and 254.9% above the Business Services industry median of 45.76. PT Arkha Jayanti Persada Tbk's overall GF Score™ is 71/100 with 3 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 Arkha Jayanti Persada Tbk (ISX:ARKA), the current Days Payable is 162.42 as of Sep. 2025. 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 Arkha Jayanti Persada Tbk (ISX:ARKA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Arkha Jayanti Persada Tbk stock appears to be undervalued. The current stock price of Rp22.00 is trading 38.2% below its estimated GF Value™ of Rp35.61. GuruFocus considers PT Arkha Jayanti Persada Tbk to be Possible Value Trap.

Key valuation signals for ISX:ARKA:

  • Days Payable: 162.42 (12% above median its 10-year median of 145.11)
  • GF Value™: Rp35.61 vs. price of Rp22.00 (38.2% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 254.9% above the Business Services median (#188 of 945)

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


PT Arkha Jayanti Persada Tbk Business Description

Address Jl. Lanbau No. 8, RT 06 / RW 09, Karang Asem Barat, Citeureup, Jawa Barat, Bogor, IDN, 16810
PT Arkha Jayanti Persada Tbk offers solutions for parts and component fabrication, steel construction, transport equipment manufacturer, oil and gas and telecommunication project. The company determines operating segments based on their sales activities into heavy equipment components, body dumps, coal hauling services, and steel construction.
71GF Score

Get the complete analysis for ISX:ARKA

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

Rp22.00
Price
Rp35.61
GF Value