PT Marga Abhinaya Abadi Tbk (ISX:MABA) Days Payable: 1,127.34 (As of Dec. 2019)


What is PT Marga Abhinaya Abadi Tbk Days Payable?

PT Marga Abhinaya Abadi Tbk ISX:MABA Days Payable is 1,127.34 as of Dec. 2019.

PT Marga Abhinaya Abadi Tbk's average Accounts Payable for the three months ended in Dec. 2019 was Rp73,743 Mil. PT Marga Abhinaya Abadi Tbk's Cost of Goods Sold for the three months ended in Dec. 2019 was Rp5,969 Mil. Hence, PT Marga Abhinaya Abadi Tbk's Days Payable for the three months ended in Dec. 2019 was 1,127.34.

The historical rank and industry rank for PT Marga Abhinaya Abadi Tbk's Days Payable or its related term are showing as below:

ISX:MABA's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 56.835
* Ranked among companies with meaningful Days Payable only.

PT Marga Abhinaya Abadi Tbk's Days Payable increased from Dec. 2018 (890.37) to Dec. 2019 (1,127.34). It may suggest that PT Marga Abhinaya Abadi Tbk delayed paying its suppliers.

PT Marga Abhinaya Abadi Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Marga Abhinaya Abadi 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 Marga Abhinaya Abadi Tbk Days Payable Chart

PT Marga Abhinaya Abadi Tbk Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial 296.77 86.10 187.69 419.49 1,068.43

PT Marga Abhinaya Abadi Tbk Quarterly Data
Dec13 Dec14 Dec15 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 890.37 989.17 1,030.26 839.00 1,127.34

PT Marga Abhinaya Abadi Tbk Days Payable Competitor Comparison

For the Lodging subindustry, PT Marga Abhinaya Abadi 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 Marga Abhinaya Abadi Tbk Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PT Marga Abhinaya Abadi Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Marga Abhinaya Abadi Tbk's Days Payable falls into.


PT Marga Abhinaya Abadi 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 Marga Abhinaya Abadi Tbk's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (63167.912 + 81260.868) / 2 ) / 24670.165*365
=72214.39 / 24670.165*365
=1,068.43

PT Marga Abhinaya Abadi Tbk's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

Days Payable (Q: Dec. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2019 ) + Accounts Payable (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (66225.593 + 81260.868) / 2 ) / 5969.004*365 / 4
=73743.2305 / 5969.004*365 / 4
=1,127.34

* 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 1,127.34 mean?
PT Marga Abhinaya Abadi Tbk (ISX:MABA) has a Days Payable of 1,127.34 as of Dec. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Marga Abhinaya Abadi Tbk and its competitors.
Is PT Marga Abhinaya Abadi Tbk's Days Payable too high?
PT Marga Abhinaya Abadi Tbk's current Days Payable is 1,127.34. The Travel & Leisure industry median Days Payable is 56.84. PT Marga Abhinaya Abadi Tbk's value of 1,127.34 is 1883.5% above this industry median.
How does PT Marga Abhinaya Abadi Tbk's Days Payable compare to competitors?
PT Marga Abhinaya Abadi Tbk's Days Payable of 1,127.34 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 56.84. PT Marga Abhinaya Abadi Tbk's value of 1,127.34 is 1883.5% above this benchmark. 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.84, based on 780 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 Marga Abhinaya Abadi Tbk's current Days Payable of 1,127.34 is 1883.5% 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 Marga Abhinaya Abadi Tbk and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Marga Abhinaya Abadi Tbk's current Days Payable is 1,127.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Marga Abhinaya Abadi Tbk stock overvalued right now?
PT Marga Abhinaya Abadi Tbk (ISX:MABA) has a current Days Payable of 1,127.34. The current Days Payable is 1,127.34 and 1883.5% above the Travel & Leisure industry median of 56.84. 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 Marga Abhinaya Abadi Tbk (ISX:MABA), the current Days Payable is 1,127.34 as of Dec. 2019. 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 Marga Abhinaya Abadi Tbk Business Description

Address Jalan Raya Pasar Minggu Number 18, ITS Tower, Lantai 3 - Nifarro Park, Jakarta Selatan, Jakarta, IDN, 12510
PT Marga Abhinaya Abadi Tbk operates in the hospitality industry. The company classifies its business activities into three operating business segments, namely Hotel business, Restaurant and Cafe, as well as Property business. The company taps the opportunity in Restaurant business using Rantang Ibu - Taste of Nusantara brand, and two brands of coffee shops: 8:AM Coffee and Kopi Bagoos. The Property business includes the sales of properties, such as an apartment, housing and office buildings. The majority of its revenue is derived from the Hotel business.