PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Days Payable: 54.93 (As of Mar. 2026) — 27% Below Median


ISX:GOTO PT Goto Gojek Tokopedia Tbk ISX:GOTO
72 GF Score
Price Rp50.00
GF Value Rp85.12
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Goto Gojek Tokopedia Tbk Days Payable?

PT Goto Gojek Tokopedia Tbk ISX:GOTO 72 Days Payable is 54.93 as of Mar. 2026, which is 27% below its 10-year median of 75.42. GuruFocus rates ISX:GOTO with a GF Score™ of 72/100 and a GF Value™ of Rp85.12 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,602 Software companies, PT Goto Gojek Tokopedia Tbk ranks better than 51.92% on this metric.

PT Goto Gojek Tokopedia Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp1,253,738 Mil. PT Goto Gojek Tokopedia Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp2,082,622 Mil. Hence, PT Goto Gojek Tokopedia Tbk's Days Payable for the three months ended in Mar. 2026 was 54.93.

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

ISX:GOTO' s Days Payable Range Over the Past 10 Years
Min: 56.94   Med: 75.42   Max: 113.84
Current: 56.94

During the past 8 years, PT Goto Gojek Tokopedia Tbk's highest Days Payable was 113.84. The lowest was 56.94. And the median was 75.42.

ISX:GOTO's Days Payable is ranked better than
51.92% of 2602 companies
in the Software industry
Industry Median: 53.825 vs ISX:GOTO: 56.94

PT Goto Gojek Tokopedia Tbk's Days Payable declined from Mar. 2025 (70.39) to Mar. 2026 (54.93). It may suggest that PT Goto Gojek Tokopedia Tbk accelerated paying its suppliers.


PT Goto Gojek Tokopedia Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk Days Payable Chart

PT Goto Gojek Tokopedia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 72.85 69.93 92.22 63.57 58.79

PT Goto Gojek Tokopedia Tbk Quarterly Data
Dec20 Jul21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.39 67.65 49.58 49.79 54.93

ISX:GOTO vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk Days Payable vs Software Industry

For the Software industry and Technology sector, PT Goto Gojek Tokopedia Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Goto Gojek Tokopedia Tbk's Days Payable falls into.


ISX:GOTO
72GF Score
PT Goto Gojek Tokopedia Tbk ISX:GOTO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia 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
=( (1240885 + 1254389) / 2 ) / 7746034*365
=1247637 / 7746034*365
=58.79

PT Goto Gojek Tokopedia 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
=( (1254389 + 1253086) / 2 ) / 2082622*365 / 4
=1253737.5 / 2082622*365 / 4
=54.93

* 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 54.93 mean?
PT Goto Gojek Tokopedia Tbk (ISX:GOTO) has a Days Payable of 54.93 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 Goto Gojek Tokopedia Tbk and its competitors. This is 27% below median its historical median of 75.42. Over the past decade, PT Goto Gojek Tokopedia Tbk's Days Payable has ranged from 56.94 to 113.84. According to the industry distribution chart, PT Goto Gojek Tokopedia Tbk ranks #1251 out of 2602 companies in the Software industry, placing it in the top 48.1%.
Is PT Goto Gojek Tokopedia Tbk's Days Payable too high?
PT Goto Gojek Tokopedia Tbk's current Days Payable of 54.93 is 27% below median its 10-year median of 75.42. Over the past 10 years, this metric has ranged from a low of 56.94 to a high of 113.84. The Software industry median Days Payable is 53.83. PT Goto Gojek Tokopedia Tbk's value of 54.93 is 2.1% above this industry median. Based on the distribution chart, PT Goto Gojek Tokopedia Tbk ranks #1251 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, PT Goto Gojek Tokopedia Tbk has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Goto Gojek Tokopedia Tbk's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, PT Goto Gojek Tokopedia Tbk ranks #1251 out of 2602 companies for Days Payable. This puts PT Goto Gojek Tokopedia Tbk in the upper half of its industry. The industry median Days Payable is 53.83. PT Goto Gojek Tokopedia Tbk's value of 54.93 is 2.1% above this benchmark. Historically, PT Goto Gojek Tokopedia Tbk's own Days Payable has ranged from 56.94 to 113.84 over the past decade. While the company's 10-year median is 75.42 vs. the industry median of 53.83, PT Goto Gojek Tokopedia 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 Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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 Goto Gojek Tokopedia Tbk's current Days Payable of 54.93 is 2.1% 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 Goto Gojek Tokopedia Tbk and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Goto Gojek Tokopedia Tbk's current Days Payable is 54.93, which is 27% below median its own 10-year median of 75.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Goto Gojek Tokopedia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk (ISX:GOTO) is currently considered Possible Value Trap. The stock's GF Value™ is Rp85.12, compared to a current price of Rp50.00 — trading 41.3% below its estimated fair value. The current Days Payable is 54.93, which is 27% below median its 10-year median of 75.42 and 2.1% above the Software industry median of 53.83. PT Goto Gojek Tokopedia Tbk's overall GF Score™ is 72/100 with 5 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 Goto Gojek Tokopedia Tbk (ISX:GOTO), the current Days Payable is 54.93 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.

Is PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk stock appears to be undervalued. The current stock price of Rp50.00 is trading 41.3% below its estimated GF Value™ of Rp85.12. GuruFocus considers PT Goto Gojek Tokopedia Tbk to be Possible Value Trap.

Key valuation signals for ISX:GOTO:

  • Days Payable: 54.93 (27% below median its 10-year median of 75.42)
  • GF Value™: Rp85.12 vs. price of Rp50.00 (41.3% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 2.1% above the Software median (#1251 of 2602)

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


PT Goto Gojek Tokopedia Tbk Business Description

Other Exchanges GTOFF:USACK8:Germany
Address Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160
GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the financial services business to account for the majority of revenue while its on-demand business begins to become less of a priority. Prior to the deconsolidation, 82% of nonfinancial services' gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy-now, pay-later programs. The company competes with Grab in the ride-hailing and delivery business.
72GF Score

Get the complete analysis for ISX:GOTO

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

Rp50.00
Price
Rp85.12
GF Value