PT Merdeka Gold Resources Tbk (ISX:EMAS) Days Payable: 864.34 (As of Mar. 2026) — 64% Below Median


ISX:EMAS PT Merdeka Gold Resources Tbk ISX:EMAS
1 GF Score
Price Rp5,575.00
! 1 Warning Sign
View Full Analysis

What is PT Merdeka Gold Resources Tbk Days Payable?

PT Merdeka Gold Resources Tbk ISX:EMAS +0.45% 1 Days Payable is 864.34 as of Mar. 2026, which is 64% below its 10-year median of 2,404.03. GuruFocus rates ISX:EMAS with a GF Score™ of 1/100. The stock has 1 warning sign investors should review. Among 1,067 Metals & Mining companies, PT Merdeka Gold Resources Tbk ranks better than 74.51% on this metric.

PT Merdeka Gold Resources Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp350,384 Mil. PT Merdeka Gold Resources Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp36,991 Mil. Hence, PT Merdeka Gold Resources Tbk's Days Payable for the three months ended in Mar. 2026 was 864.34.

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

ISX:EMAS' s Days Payable Range Over the Past 10 Years
Min: 1626.45   Med: 2404.03   Max: 21866.64
Current: 2444.97

During the past 4 years, PT Merdeka Gold Resources Tbk's highest Days Payable was 21866.64. The lowest was 1626.45. And the median was 2404.03.

ISX:EMAS's Days Payable is ranked better than
74.51% of 1067 companies
in the Metals & Mining industry
Industry Median: 127.26 vs ISX:EMAS: 2444.97

PT Merdeka Gold Resources Tbk's Days Payable increased from Dec. 2024 (0.00) to Mar. 2026 (864.34). It may suggest that PT Merdeka Gold Resources Tbk delayed paying its suppliers.


PT Merdeka Gold Resources Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Merdeka Gold Resources 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 Merdeka Gold Resources Tbk Days Payable Chart

PT Merdeka Gold Resources Tbk Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 1,626.45 2,404.03 21,866.64

PT Merdeka Gold Resources Tbk Quarterly Data
Dec22 Dec23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 0.00 0.00 9,045.14 864.34

ISX:EMAS vs NEM, AU, RGLD: Days Payable Comparison

For the Gold subindustry, PT Merdeka Gold Resources 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 Merdeka Gold Resources Tbk Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Gold Resources Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Merdeka Gold Resources Tbk's Days Payable falls into.


ISX:EMAS
1GF Score
PT Merdeka Gold Resources Tbk ISX:EMAS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Merdeka Gold Resources 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 Merdeka Gold Resources 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
=( (167943.118 + 388557.624) / 2 ) / 4644.581*365
=278250.371 / 4644.581*365
=21,866.64

PT Merdeka Gold Resources 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
=( (388557.624 + 312211.143) / 2 ) / 36990.638*365 / 4
=350384.3835 / 36990.638*365 / 4
=864.34

* 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 864.34 mean?
PT Merdeka Gold Resources Tbk (ISX:EMAS) has a Days Payable of 864.34 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 Merdeka Gold Resources Tbk and its competitors. This is 64% below median its historical median of 2,404.03. Over the past decade, PT Merdeka Gold Resources Tbk's Days Payable has ranged from 1,626.45 to 21,866.64. According to the industry distribution chart, PT Merdeka Gold Resources Tbk ranks #272 out of 1067 companies in the Metals & Mining industry, placing it in the top 25.5%.
Is PT Merdeka Gold Resources Tbk's Days Payable too high?
PT Merdeka Gold Resources Tbk's current Days Payable of 864.34 is 64% below median its 10-year median of 2,404.03. Over the past 10 years, this metric has ranged from a low of 1,626.45 to a high of 21,866.64. The Metals & Mining industry median Days Payable is 127.26. PT Merdeka Gold Resources Tbk's value of 864.34 is 579.2% above this industry median. Based on the distribution chart, PT Merdeka Gold Resources Tbk ranks #272 out of 1067 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, PT Merdeka Gold Resources Tbk has a GF Score™ of 1/100, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Gold Resources Tbk's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, PT Merdeka Gold Resources Tbk ranks #272 out of 1067 companies for Days Payable. This puts PT Merdeka Gold Resources Tbk in the upper half of its industry. The industry median Days Payable is 127.26. PT Merdeka Gold Resources Tbk's value of 864.34 is 579.2% above this benchmark. Historically, PT Merdeka Gold Resources Tbk's own Days Payable has ranged from 1,626.45 to 21,866.64 over the past decade. While the company's 10-year median is 2,404.03 vs. the industry median of 127.26, PT Merdeka Gold Resources 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,067 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 Merdeka Gold Resources Tbk's current Days Payable of 864.34 is 579.2% 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 Merdeka Gold Resources Tbk and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Gold Resources Tbk's current Days Payable is 864.34, which is 64% below median its own 10-year median of 2,404.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Gold Resources Tbk stock overvalued right now?
PT Merdeka Gold Resources Tbk (ISX:EMAS) has a current Days Payable of 864.34. The current Days Payable is 864.34, which is 64% below median its 10-year median of 2,404.03 and 579.2% above the Metals & Mining industry median of 127.26. PT Merdeka Gold Resources Tbk's overall GF Score™ is 1/100 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 Merdeka Gold Resources Tbk (ISX:EMAS), the current Days Payable is 864.34 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 Merdeka Gold Resources Tbk Business Description

Other Exchanges 06228:Hong Kong
Address Jl. Jend. Sudirman, Kav. 52-53, Senayan, Treasury Tower, Lantai 67/67th Floor, District 8 SCBD Lot. 28, Kebayoran Baru, Jakarta Selatan, IDN, 12190
PT Merdeka Gold Resources Tbk operates as a holding company overseeing a group engaged in gold mining and associated minerals, processing operations, and other vertically integrated related activities. Its products include gold products in the form of semi-finished gold bars produced from gold mining and ore processing activities, by-products derived from the gold processing activities, including silver contained in the dore bullion, integrated mining services and activities, covering exploration, mining, processing, and initial refining activities conducted through EMAS Group, and supporting mining-related services, including mine management, mining infrastructure, and other related activities within a vertically integrated value chain. It operates in single segment.
1GF Score

Get the complete analysis for ISX:EMAS

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

Rp5,575.00
Price