PTranacentral Bajatama Tbk (ISX:BAJA) Days Payable: 29.28 (As of Jun. 2026) — 33% Below Median

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ISX:BAJA PT Saranacentral Bajatama Tbk ISX:BAJA
53 GF Score
Price Rp362.00
GF Value Rp156.06
Valuation Significantly Overvalued
! 8 Warning Signs
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What is PTranacentral Bajatama Tbk Days Payable?

PTranacentral Bajatama Tbk ISX:BAJA 53 Days Payable is 29.28 as of Jun. 2026, which is 33% below its 10-year median of 43.48. GuruFocus rates ISX:BAJA with a GF Score™ of 53/100 and a GF Value™ of Rp156.06 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 598 Steel companies, PTranacentral Bajatama Tbk ranks worse than 60.87% on this metric.

PTranacentral Bajatama Tbk's average Accounts Payable for the three months ended in Jun. 2026 was Rp108,750 Mil. PTranacentral Bajatama Tbk's Cost of Goods Sold for the three months ended in Jun. 2026 was Rp338,974 Mil. Hence, PTranacentral Bajatama Tbk's Days Payable for the three months ended in Jun. 2026 was 29.28.

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

ISX:BAJA' s Days Payable Range Over the Past 10 Years
Min: 22.9   Med: 43.48   Max: 67.85
Current: 31.62

During the past 13 years, PTranacentral Bajatama Tbk's highest Days Payable was 67.85. The lowest was 22.90. And the median was 43.48.

ISX:BAJA's Days Payable is ranked worse than
60.87% of 598 companies
in the Steel industry
Industry Median: 41.39 vs ISX:BAJA: 31.62

PTranacentral Bajatama Tbk's Days Payable declined from Jun. 2025 (30.05) to Jun. 2026 (29.28). It may suggest that PTranacentral Bajatama Tbk accelerated paying its suppliers.


PTranacentral Bajatama Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PTranacentral Bajatama 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.

PTranacentral Bajatama Tbk Days Payable Chart

PTranacentral Bajatama 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 27.65 22.90 38.13 46.64 41.08

PTranacentral Bajatama 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 30.05 28.81 29.91 32.08 29.28

ISX:BAJA vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, PTranacentral Bajatama 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.


PTranacentral Bajatama Tbk Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, PTranacentral Bajatama Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PTranacentral Bajatama Tbk's Days Payable falls into.


ISX:BAJA
53GF Score
PT Saranacentral Bajatama Tbk ISX:BAJA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PTranacentral Bajatama 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.

PTranacentral Bajatama 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
=( (82930.978 + 97093.878) / 2 ) / 799707.771*365
=90012.428 / 799707.771*365
=41.08

PTranacentral Bajatama 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
=( (75265.805 + 142234.579) / 2 ) / 338973.681*365 / 4
=108750.192 / 338973.681*365 / 4
=29.28

* 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 29.28 mean?
PTranacentral Bajatama Tbk (ISX:BAJA) has a Days Payable of 29.28 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 PTranacentral Bajatama Tbk and its competitors. This is 33% below median its historical median of 43.48. Over the past decade, PTranacentral Bajatama Tbk's Days Payable has ranged from 22.90 to 67.85. According to the industry distribution chart, PTranacentral Bajatama Tbk ranks #364 out of 598 companies in the Steel industry, placing it in the top 60.9%.
Is PTranacentral Bajatama Tbk's Days Payable too high?
PTranacentral Bajatama Tbk's current Days Payable of 29.28 is 33% below median its 10-year median of 43.48. Over the past 10 years, this metric has ranged from a low of 22.90 to a high of 67.85. The Steel industry median Days Payable is 41.39. PTranacentral Bajatama Tbk's value of 29.28 is 29.3% below this industry median. Based on the distribution chart, PTranacentral Bajatama Tbk ranks #364 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, PTranacentral Bajatama Tbk has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PTranacentral Bajatama Tbk's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, PTranacentral Bajatama Tbk ranks #364 out of 598 companies for Days Payable. This places PTranacentral Bajatama Tbk in the lower half of its industry. The industry median Days Payable is 41.39. PTranacentral Bajatama Tbk's value of 29.28 is 29.3% below this benchmark. Historically, PTranacentral Bajatama Tbk's own Days Payable has ranged from 22.90 to 67.85 over the past decade. While the company's 10-year median is 43.48 vs. the industry median of 41.39, PTranacentral Bajatama 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. PTranacentral Bajatama Tbk's current Days Payable of 29.28 is 29.3% 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 PTranacentral Bajatama Tbk and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTranacentral Bajatama Tbk's current Days Payable is 29.28, which is 33% below median its own 10-year median of 43.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTranacentral Bajatama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTranacentral Bajatama Tbk (ISX:BAJA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp156.06, compared to a current price of Rp362.00 — trading 132% above its estimated fair value. The current Days Payable is 29.28, which is 33% below median its 10-year median of 43.48 and 29.3% below the Steel industry median of 41.39. PTranacentral Bajatama Tbk's overall GF Score™ is 53/100 with 8 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 PTranacentral Bajatama Tbk (ISX:BAJA), the current Days Payable is 29.28 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 PTranacentral Bajatama Tbk (ISX:BAJA) Overvalued in 2026?

Based on GuruFocus' analysis, PTranacentral Bajatama Tbk stock appears to be overvalued. The current stock price of Rp362.00 is trading 132% above its estimated GF Value™ of Rp156.06. GuruFocus considers PTranacentral Bajatama Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BAJA:

  • Days Payable: 29.28 (33% below median its 10-year median of 43.48)
  • GF Value™: Rp156.06 vs. price of Rp362.00 (132% above fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 29.3% below the Steel median (#364 of 598)

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


PTranacentral Bajatama Tbk Business Description

Address Jalan Pangeran Jayakarta No. 55, Gedung Baja Tower B, Lantai 6, Mangga Dua Selatan, Sawah Besar, Jakarta Pusat, Jakarta, IDN, 10730
PT Saranacentral Bajatama Tbk is involved in the manufacture and sale of steel products in Indonesia. The company manufactures three types of coated steel products, namely, galvanized steel, Saranalume aluminum-zinc-coated steel, and Sarancolor painted zinc-coated steel. The company's products are used in various applications, including building, electrical machinery, and motor vehicles. The company has four reportable segments, including galvanized, saranalume, coloring, and non-production. The company derives the majority of its revenue from the Saranalume segment.
53GF Score

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

Rp362.00
Price
Rp156.06
GF Value