PT Jasa Armada Indonesia Tbk (ISX:IPCM) Days Payable: 13.41 (As of Mar. 2026) — 55% Below Median


ISX:IPCM PT Jasa Armada Indonesia Tbk ISX:IPCM
94 GF Score
Price Rp328.00
GF Value Rp349.85
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Jasa Armada Indonesia Tbk Days Payable?

PT Jasa Armada Indonesia Tbk ISX:IPCM 94 Days Payable is 13.41 as of Mar. 2026, which is 55% below its 10-year median of 29.76. GuruFocus rates ISX:IPCM with a GF Score™ of 94/100 and a GF Value™ of Rp349.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 964 Transportation companies, PT Jasa Armada Indonesia Tbk ranks worse than 83.92% on this metric.

PT Jasa Armada Indonesia Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp37,064 Mil. PT Jasa Armada Indonesia Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp252,120 Mil. Hence, PT Jasa Armada Indonesia Tbk's Days Payable for the three months ended in Mar. 2026 was 13.41.

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

ISX:IPCM' s Days Payable Range Over the Past 10 Years
Min: 9.63   Med: 29.76   Max: 74.79
Current: 17.9

During the past 10 years, PT Jasa Armada Indonesia Tbk's highest Days Payable was 74.79. The lowest was 9.63. And the median was 29.76.

ISX:IPCM's Days Payable is ranked worse than
83.92% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs ISX:IPCM: 17.90

PT Jasa Armada Indonesia Tbk's Days Payable declined from Mar. 2025 (13.67) to Mar. 2026 (13.41). It may suggest that PT Jasa Armada Indonesia Tbk accelerated paying its suppliers.


PT Jasa Armada Indonesia Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk Days Payable Chart

PT Jasa Armada Indonesia 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 39.41 35.17 17.99 10.23 9.63

PT Jasa Armada Indonesia Tbk Quarterly Data
Jun21 Sep21 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 13.67 20.45 22.24 15.35 13.41

PT Jasa Armada Indonesia Tbk Days Payable Competitor Comparison

For the Marine Shipping subindustry, PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk Days Payable vs Transportation Industry

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

* The bar in red indicates where PT Jasa Armada Indonesia Tbk's Days Payable falls into.


ISX:IPCM
94GF Score
PT Jasa Armada Indonesia Tbk ISX:IPCM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Jasa Armada Indonesia 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 Jasa Armada Indonesia 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
=( (29375.989 + 25744.401) / 2 ) / 1045017.043*365
=27560.195 / 1045017.043*365
=9.63

PT Jasa Armada Indonesia 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
=( (25744.401 + 48382.631) / 2 ) / 252119.719*365 / 4
=37063.516 / 252119.719*365 / 4
=13.41

* 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 13.41 mean?
PT Jasa Armada Indonesia Tbk (ISX:IPCM) has a Days Payable of 13.41 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 Jasa Armada Indonesia Tbk and its competitors. This is 55% below median its historical median of 29.76. Over the past decade, PT Jasa Armada Indonesia Tbk's Days Payable has ranged from 9.63 to 74.79. According to the industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #809 out of 964 companies in the Transportation industry, placing it in the top 83.9%.
Is PT Jasa Armada Indonesia Tbk's Days Payable too high?
PT Jasa Armada Indonesia Tbk's current Days Payable of 13.41 is 55% below median its 10-year median of 29.76. Over the past 10 years, this metric has ranged from a low of 9.63 to a high of 74.79. The Transportation industry median Days Payable is 38.99. PT Jasa Armada Indonesia Tbk's value of 13.41 is 65.6% below this industry median. Based on the distribution chart, PT Jasa Armada Indonesia Tbk ranks #809 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PT Jasa Armada Indonesia Tbk has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Armada Indonesia Tbk's Days Payable compare to competitors?
According to the Transportation industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #809 out of 964 companies for Days Payable. This places PT Jasa Armada Indonesia Tbk in the lower half of its industry. The industry median Days Payable is 38.99. PT Jasa Armada Indonesia Tbk's value of 13.41 is 65.6% below this benchmark. Historically, PT Jasa Armada Indonesia Tbk's own Days Payable has ranged from 9.63 to 74.79 over the past decade. While the company's 10-year median is 29.76 vs. the industry median of 38.99, PT Jasa Armada Indonesia 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 38.99, based on 964 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 Jasa Armada Indonesia Tbk's current Days Payable of 13.41 is 65.6% 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 Jasa Armada Indonesia Tbk and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Armada Indonesia Tbk's current Days Payable is 13.41, which is 55% below median its own 10-year median of 29.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Fairly Valued. The stock's GF Value™ is Rp349.85, compared to a current price of Rp328.00 — trading 6.2% below its estimated fair value. The current Days Payable is 13.41, which is 55% below median its 10-year median of 29.76 and 65.6% below the Transportation industry median of 38.99. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 94/100 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 Jasa Armada Indonesia Tbk (ISX:IPCM), the current Days Payable is 13.41 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 Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued. The current stock price of Rp328.00 is trading 6.2% below its estimated GF Value™ of Rp349.85. GuruFocus considers PT Jasa Armada Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:IPCM:

  • Days Payable: 13.41 (55% below median its 10-year median of 29.76)
  • GF Value™: Rp349.85 vs. price of Rp328.00 (6.2% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 65.6% below the Transportation median (#809 of 964)

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


PT Jasa Armada Indonesia Tbk Business Description

Address Jalan Yos Sudarso No. 9, Pelindo Tower, 8th & 9th Floor, Rawa Badak Utara, Koja, North Jakarta, Jakarta, IDN, 14230
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
94GF Score

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

Rp328.00
Price
Rp349.85
GF Value