PT Blue Bird Tbk (ISX:BIRD) Days Payable: 22.03 (As of Jun. 2026) — 14% 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:BIRD PT Blue Bird Tbk ISX:BIRD
87 GF Score
Price Rp1,605.00
GF Value Rp2,099.92
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Blue Bird Tbk Days Payable?

PT Blue Bird Tbk ISX:BIRD -0.62% 87 Days Payable is 22.03 as of Jun. 2026, which is 14% above its 10-year median of 19.25. GuruFocus rates ISX:BIRD with a GF Score™ of 87/100 and a GF Value™ of Rp2,099.92 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 969 Transportation companies, PT Blue Bird Tbk ranks worse than 74.51% on this metric.

PT Blue Bird Tbk's average Accounts Payable for the three months ended in Jun. 2026 was Rp252,601 Mil. PT Blue Bird Tbk's Cost of Goods Sold for the three months ended in Jun. 2026 was Rp1,046,253 Mil. Hence, PT Blue Bird Tbk's Days Payable for the three months ended in Jun. 2026 was 22.03.

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

ISX:BIRD' s Days Payable Range Over the Past 10 Years
Min: 7.18   Med: 19.25   Max: 31.9
Current: 22.9

During the past 13 years, PT Blue Bird Tbk's highest Days Payable was 31.90. The lowest was 7.18. And the median was 19.25.

ISX:BIRD's Days Payable is ranked worse than
74.51% of 969 companies
in the Transportation industry
Industry Median: 38.25 vs ISX:BIRD: 22.90

PT Blue Bird Tbk's Days Payable declined from Jun. 2025 (25.32) to Jun. 2026 (22.03). It may suggest that PT Blue Bird Tbk accelerated paying its suppliers.


PT Blue Bird Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Blue Bird 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 Blue Bird Tbk Days Payable Chart

PT Blue Bird 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 20.44 14.25 19.51 24.61 21.32

PT Blue Bird 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 25.32 28.98 21.81 16.19 22.03

ISX:BIRD vs UNP, CSX, NSC: Days Payable Comparison

For the Railroads subindustry, PT Blue Bird 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 Blue Bird Tbk Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, PT Blue Bird Tbk's Days Payable distribution charts can be found below:

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


ISX:BIRD
87GF Score
PT Blue Bird Tbk ISX:BIRD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Blue Bird 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 Blue Bird 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
=( (295289 + 159193) / 2 ) / 3890817*365
=227241 / 3890817*365
=21.32

PT Blue Bird 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
=( (198109 + 307092) / 2 ) / 1046253*365 / 4
=252600.5 / 1046253*365 / 4
=22.03

* 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 22.03 mean?
PT Blue Bird Tbk (ISX:BIRD) has a Days Payable of 22.03 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 Blue Bird Tbk and its competitors. This is 14% above median its historical median of 19.25. Over the past decade, PT Blue Bird Tbk's Days Payable has ranged from 7.18 to 31.90. According to the industry distribution chart, PT Blue Bird Tbk ranks #722 out of 969 companies in the Transportation industry, placing it in the top 74.5%.
Is PT Blue Bird Tbk's Days Payable too high?
PT Blue Bird Tbk's current Days Payable of 22.03 is 14% above median its 10-year median of 19.25. Over the past 10 years, this metric has ranged from a low of 7.18 to a high of 31.90. The Transportation industry median Days Payable is 38.25. PT Blue Bird Tbk's value of 22.03 is 42.4% below this industry median. Based on the distribution chart, PT Blue Bird Tbk ranks #722 out of 969 companies in the Transportation industry, which is below the industry midpoint. Overall, PT Blue Bird Tbk has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Blue Bird Tbk's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, PT Blue Bird Tbk ranks #722 out of 969 companies for Days Payable. This places PT Blue Bird Tbk in the lower half of its industry. The industry median Days Payable is 38.25. PT Blue Bird Tbk's value of 22.03 is 42.4% below this benchmark. Historically, PT Blue Bird Tbk's own Days Payable has ranged from 7.18 to 31.90 over the past decade. While the company's 10-year median is 19.25 vs. the industry median of 38.25, PT Blue Bird 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 Transportation company?
The median Days Payable among Transportation companies is 38.25, based on 969 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 Blue Bird Tbk's current Days Payable of 22.03 is 42.4% 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 Blue Bird Tbk and its competitors. For the Transportation industry, the median Days Payable is 38.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Blue Bird Tbk's current Days Payable is 22.03, which is 14% above median its own 10-year median of 19.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Blue Bird Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Blue Bird Tbk (ISX:BIRD) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp2,099.92, compared to a current price of Rp1,605.00 — trading 23.6% below its estimated fair value. The current Days Payable is 22.03, which is 14% above median its 10-year median of 19.25 and 42.4% below the Transportation industry median of 38.25. PT Blue Bird Tbk's overall GF Score™ is 87/100 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 Blue Bird Tbk (ISX:BIRD), the current Days Payable is 22.03 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 Blue Bird Tbk (ISX:BIRD) Overvalued in 2026?

Based on GuruFocus' analysis, PT Blue Bird Tbk stock appears to be undervalued. The current stock price of Rp1,605.00 is trading 23.6% below its estimated GF Value™ of Rp2,099.92. GuruFocus considers PT Blue Bird Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BIRD:

  • Days Payable: 22.03 (14% above median its 10-year median of 19.25)
  • GF Value™: Rp2,099.92 vs. price of Rp1,605.00 (23.6% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 42.4% below the Transportation median (#722 of 969)

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


PT Blue Bird Tbk Business Description

Address Jalan Bojong Indah Raya No. 6A, Kel. Rawa Buaya, Kec. Cengkareng, West Jakarta, Jakarta, IDN, 11740
PT Blue Bird Tbk is an Indonesia-based transportation company providing taxi and mobility services. The company operates through two segments: Taxi and Non-taxi. The Taxi segment includes regular and executive taxi services operated under the Blue Bird, Pusaka, and Silver Bird brands. The Non-taxi segment includes limousine and car rental services, as well as chartered bus operations. The majority of the company's revenue is generated from its Taxi segment.
87GF Score

Get the complete analysis for ISX:BIRD

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

Rp1,605.00
Price
Rp2,099.92
GF Value