PT Multi Garam Utama Tbk (ISX:FOLK) Days Payable: 89.25 (As of Dec. 2025) — 257% Above Median


ISX:FOLK PT Multi Garam Utama Tbk ISX:FOLK
17 GF Score
Price Rp212.00
GF Value Rp32.50
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is PT Multi Garam Utama Tbk Days Payable?

PT Multi Garam Utama Tbk ISX:FOLK -0.93% 17 Days Payable is 89.25 as of Dec. 2025, which is 257% above its 10-year median of 24.99. GuruFocus rates ISX:FOLK with a GF Score™ of 17/100 and a GF Value™ of Rp32.50 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,098 Retail - Cyclical companies, PT Multi Garam Utama Tbk ranks better than 72.77% on this metric.

PT Multi Garam Utama Tbk's average Accounts Payable for the six months ended in Dec. 2025 was Rp2,183 Mil. PT Multi Garam Utama Tbk's Cost of Goods Sold for the six months ended in Dec. 2025 was Rp8,926 Mil. Hence, PT Multi Garam Utama Tbk's Days Payable for the six months ended in Dec. 2025 was 44.62.

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

ISX:FOLK' s Days Payable Range Over the Past 10 Years
Min: 23.21   Med: 24.99   Max: 89.25
Current: 89.25

During the past 5 years, PT Multi Garam Utama Tbk's highest Days Payable was 89.25. The lowest was 23.21. And the median was 24.99.

ISX:FOLK's Days Payable is ranked better than
72.77% of 1098 companies
in the Retail - Cyclical industry
Industry Median: 51.755 vs ISX:FOLK: 89.25

PT Multi Garam Utama Tbk's Days Payable increased from Dec. 2022 (23.21) to Dec. 2025 (89.25). It may suggest that PT Multi Garam Utama Tbk delayed paying its suppliers.


PT Multi Garam Utama Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Multi Garam Utama 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 Multi Garam Utama Tbk Days Payable Chart

PT Multi Garam Utama Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec24 Dec25
Days Payable
24.99 24.26 23.21 46.15 89.25

PT Multi Garam Utama Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec24 Dec25
Days Payable 24.99 24.26 23.21 46.15 89.25

ISX:FOLK vs AMZN, BABA, PDD: Days Payable Comparison

For the Internet Retail subindustry, PT Multi Garam Utama 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 Multi Garam Utama Tbk Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Multi Garam Utama Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Multi Garam Utama Tbk's Days Payable falls into.


ISX:FOLK
17GF Score
PT Multi Garam Utama Tbk ISX:FOLK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multi Garam Utama 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 Multi Garam Utama 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
=( (2024.253 + 2340.88) / 2 ) / 8925.994*365
=2182.5665 / 8925.994*365
=89.25

PT Multi Garam Utama Tbk's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2024.253 + 2340.88) / 2 ) / 8925.994*365 / 2
=2182.5665 / 8925.994*365 / 2
=44.62

* 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 89.25 mean?
PT Multi Garam Utama Tbk (ISX:FOLK) has a Days Payable of 89.25 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Multi Garam Utama Tbk and its competitors. This is 257% above median its historical median of 24.99. Over the past decade, PT Multi Garam Utama Tbk's Days Payable has ranged from 23.21 to 89.25. According to the industry distribution chart, PT Multi Garam Utama Tbk ranks #299 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 27.2%.
Is PT Multi Garam Utama Tbk's Days Payable too high?
PT Multi Garam Utama Tbk's current Days Payable of 89.25 is 257% above median its 10-year median of 24.99. Over the past 10 years, this metric has ranged from a low of 23.21 to a high of 89.25. The Retail - Cyclical industry median Days Payable is 51.76. PT Multi Garam Utama Tbk's value of 89.25 is 72.4% above this industry median. Based on the distribution chart, PT Multi Garam Utama Tbk ranks #299 out of 1098 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, PT Multi Garam Utama Tbk has a GF Score™ of 17/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multi Garam Utama Tbk's Days Payable compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, PT Multi Garam Utama Tbk ranks #299 out of 1098 companies for Days Payable. This puts PT Multi Garam Utama Tbk in the upper half of its industry. The industry median Days Payable is 51.76. PT Multi Garam Utama Tbk's value of 89.25 is 72.4% above this benchmark. Historically, PT Multi Garam Utama Tbk's own Days Payable has ranged from 23.21 to 89.25 over the past decade. While the company's 10-year median is 24.99 vs. the industry median of 51.76, PT Multi Garam Utama 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.76, based on 1,098 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 Multi Garam Utama Tbk's current Days Payable of 89.25 is 72.4% 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 Multi Garam Utama Tbk and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Garam Utama Tbk's current Days Payable is 89.25, which is 257% above median its own 10-year median of 24.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Garam Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multi Garam Utama Tbk (ISX:FOLK) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp32.50, compared to a current price of Rp212.00 — trading 552.3% above its estimated fair value. The current Days Payable is 89.25, which is 257% above median its 10-year median of 24.99 and 72.4% above the Retail - Cyclical industry median of 51.76. PT Multi Garam Utama Tbk's overall GF Score™ is 17/100 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 Multi Garam Utama Tbk (ISX:FOLK), the current Days Payable is 89.25 as of Dec. 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 Multi Garam Utama Tbk (ISX:FOLK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multi Garam Utama Tbk stock appears to be overvalued. The current stock price of Rp212.00 is trading 552.3% above its estimated GF Value™ of Rp32.50. GuruFocus considers PT Multi Garam Utama Tbk to be Significantly Overvalued.

Key valuation signals for ISX:FOLK:

  • Days Payable: 89.25 (257% above median its 10-year median of 24.99)
  • GF Value™: Rp32.50 vs. price of Rp212.00 (552.3% above fair value)
  • GF Score™: 17/100 with 1 warning sign
  • Industry Position: 72.4% above the Retail - Cyclical median (#299 of 1098)

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


PT Multi Garam Utama Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Prosperity Tower Unit 17th Floor, District 8, SCBD, Kel. Senayan, Kec. Kebayoran Baru, Jakarta Selatan, Jakarta, IDN, 12190
PT Multi Garam Utama Tbk is a multi-sector holding entity operating under 3 main business pillars, namely New Age Media Commerce, Omni-Channel Retail Brands, and Intellectual Property & Community. The company categorized its operational segments into 5 segments: holding, media, cosmetics, footwear, and soap. The Soap segment derives majority of the revenue.
17GF Score

Get the complete analysis for ISX:FOLK

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

Rp212.00
Price
Rp32.50
GF Value