PT Citra Nusantara Gemilang Tbk (ISX:CGAS) Days Payable: 36.90 (As of Mar. 2026) — Near Median


ISX:CGAS PT Citra Nusantara Gemilang Tbk ISX:CGAS
40 GF Score
Price Rp143.00
! 1 Warning Sign
View Full Analysis

What is PT Citra Nusantara Gemilang Tbk Days Payable?

PT Citra Nusantara Gemilang Tbk ISX:CGAS -0.69% 40 Days Payable is 36.90 as of Mar. 2026, which is 4% above its 10-year median of 35.65. GuruFocus rates ISX:CGAS with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 851 Oil & Gas companies, PT Citra Nusantara Gemilang Tbk ranks worse than 73.33% on this metric.

PT Citra Nusantara Gemilang Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp56,936 Mil. PT Citra Nusantara Gemilang Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp140,783 Mil. Hence, PT Citra Nusantara Gemilang Tbk's Days Payable for the three months ended in Mar. 2026 was 36.90.

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

ISX:CGAS' s Days Payable Range Over the Past 10 Years
Min: 28.74   Med: 35.65   Max: 43.43
Current: 33.07

During the past 6 years, PT Citra Nusantara Gemilang Tbk's highest Days Payable was 43.43. The lowest was 28.74. And the median was 35.65.

ISX:CGAS's Days Payable is ranked worse than
73.33% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs ISX:CGAS: 33.07

PT Citra Nusantara Gemilang Tbk's Days Payable increased from Mar. 2025 (31.63) to Mar. 2026 (36.90). It may suggest that PT Citra Nusantara Gemilang Tbk delayed paying its suppliers.


PT Citra Nusantara Gemilang Tbk Days Payable Related Terms


PT Citra Nusantara Gemilang Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang Tbk Days Payable Chart

PT Citra Nusantara Gemilang Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 33.96 28.74 43.43 37.18 34.12

PT Citra Nusantara Gemilang Tbk Quarterly Data
Dec20 Dec21 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 31.63 32.76 32.13 29.85 36.90

ISX:CGAS vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang Tbk Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Citra Nusantara Gemilang Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Citra Nusantara Gemilang Tbk's Days Payable falls into.


ISX:CGAS
40GF Score
PT Citra Nusantara Gemilang Tbk ISX:CGAS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang 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
=( (42763.775 + 51702.402) / 2 ) / 505344.549*365
=47233.0885 / 505344.549*365
=34.12

PT Citra Nusantara Gemilang 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
=( (51702.402 + 62169.721) / 2 ) / 140783.439*365 / 4
=56936.0615 / 140783.439*365 / 4
=36.90

* 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 36.90 mean?
PT Citra Nusantara Gemilang Tbk (ISX:CGAS) has a Days Payable of 36.90 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 Citra Nusantara Gemilang Tbk and its competitors. This is near median its historical median of 35.65. Over the past decade, PT Citra Nusantara Gemilang Tbk's Days Payable has ranged from 28.74 to 43.43. According to the industry distribution chart, PT Citra Nusantara Gemilang Tbk ranks #624 out of 851 companies in the Oil & Gas industry, placing it in the top 73.3%.
Is PT Citra Nusantara Gemilang Tbk's Days Payable too high?
PT Citra Nusantara Gemilang Tbk's current Days Payable of 36.90 is near median its 10-year median of 35.65. Over the past 10 years, this metric has ranged from a low of 28.74 to a high of 43.43. The Oil & Gas industry median Days Payable is 57.95. PT Citra Nusantara Gemilang Tbk's value of 36.90 is 36.3% below this industry median. Based on the distribution chart, PT Citra Nusantara Gemilang Tbk ranks #624 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PT Citra Nusantara Gemilang Tbk has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does PT Citra Nusantara Gemilang Tbk's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, PT Citra Nusantara Gemilang Tbk ranks #624 out of 851 companies for Days Payable. This places PT Citra Nusantara Gemilang Tbk in the lower half of its industry. The industry median Days Payable is 57.95. PT Citra Nusantara Gemilang Tbk's value of 36.90 is 36.3% below this benchmark. Historically, PT Citra Nusantara Gemilang Tbk's own Days Payable has ranged from 28.74 to 43.43 over the past decade. While the company's 10-year median is 35.65 vs. the industry median of 57.95, PT Citra Nusantara Gemilang 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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 Citra Nusantara Gemilang Tbk's current Days Payable of 36.90 is 36.3% 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 PT Citra Nusantara Gemilang Tbk and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Citra Nusantara Gemilang Tbk's current Days Payable is 36.90, which is near median its own 10-year median of 35.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Citra Nusantara Gemilang Tbk stock overvalued right now?
PT Citra Nusantara Gemilang Tbk (ISX:CGAS) has a current Days Payable of 36.90. The current Days Payable is 36.90, which is near median its 10-year median of 35.65 and 36.3% below the Oil & Gas industry median of 57.95. PT Citra Nusantara Gemilang Tbk's overall GF Score™ is 40/100 with 1 warning sign 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 Citra Nusantara Gemilang Tbk (ISX:CGAS), the current Days Payable is 36.90 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.

PT Citra Nusantara Gemilang Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Kalimalang No. 126, Tegal Gede, Kelurahan Pasirsari, Kecamatan Cikarang Selatan, Kabupaten Bekasi, Provinsi Jawa Barat, Bekasi, IDN, 17530
PT Citra Nusantara Gemilang Tbk is mainly engaged in natural gas trading and distribution. Its service covers CNG B2B (Compressed Natural Gas Business to Business) and CNG B2C (Compressed Natural Gas Business to Consumer), targeting the transportation sector. The company also provides consulting services related to the operation and maintenance of natural gas equipment. Its operating segments are: Gas trading and distribution, and Others. The majority of its revenue is derived from the Gas trading and distribution segment, which includes industrial gas delivery to industrial clients, Gas distribution to retail customers and Micro, Small, and Medium Enterprises (MSMEs), as well as NGV gas supplied for public transportation and direct filling at gas filling stations owned by the group.
40GF Score

Get the complete analysis for ISX:CGAS

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

Rp143.00
Price