PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Days Payable: 54.65 (As of Mar. 2026) — Near Median


ISX:MAHA PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
68 GF Score
Price Rp134.00
GF Value Rp230.18
Valuation Significantly Undervalued
! 3 Warning Signs
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What is PT Mandiri Herindo Adiperkasa Tbk Days Payable?

PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA +2.29% 68 Days Payable is 54.65 as of Mar. 2026, which is 2% below its 10-year median of 55.92. GuruFocus rates ISX:MAHA with a GF Score™ of 68/100 and a GF Value™ of Rp230.18 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 963 Transportation companies, PT Mandiri Herindo Adiperkasa Tbk ranks better than 61.89% on this metric.

PT Mandiri Herindo Adiperkasa Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp361,909 Mil. PT Mandiri Herindo Adiperkasa Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp604,287 Mil. Hence, PT Mandiri Herindo Adiperkasa Tbk's Days Payable for the three months ended in Mar. 2026 was 54.65.

The historical rank and industry rank for PT Mandiri Herindo Adiperkasa Tbk's Days Payable or its related term are showing as below:

ISX:MAHA' s Days Payable Range Over the Past 10 Years
Min: 38.38   Med: 55.92   Max: 63.18
Current: 51.83

During the past 6 years, PT Mandiri Herindo Adiperkasa Tbk's highest Days Payable was 63.18. The lowest was 38.38. And the median was 55.92.

ISX:MAHA's Days Payable is ranked better than
61.89% of 963 companies
in the Transportation industry
Industry Median: 38.96 vs ISX:MAHA: 51.83

PT Mandiri Herindo Adiperkasa Tbk's Days Payable declined from Mar. 2025 (61.45) to Mar. 2026 (54.65). It may suggest that PT Mandiri Herindo Adiperkasa Tbk accelerated paying its suppliers.


PT Mandiri Herindo Adiperkasa Tbk Days Payable Related Terms


PT Mandiri Herindo Adiperkasa Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Days Payable Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 38.38 52.21 63.18 59.62 60.19

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
Dec20 Dec21 Mar22 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 61.45 51.69 46.94 53.26 54.65

ISX:MAHA vs ODFL, XPO, KNX: Days Payable Comparison

For the Trucking subindustry, PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Mandiri Herindo Adiperkasa Tbk's Days Payable falls into.


ISX:MAHA
68GF Score
PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa 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
=( (378830.431 + 390785.876) / 2 ) / 2333501.655*365
=384808.1535 / 2333501.655*365
=60.19

PT Mandiri Herindo Adiperkasa 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
=( (390785.876 + 333032.79) / 2 ) / 604287.474*365 / 4
=361909.333 / 604287.474*365 / 4
=54.65

* 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 54.65 mean?
PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) has a Days Payable of 54.65 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 Mandiri Herindo Adiperkasa Tbk and its competitors. This is near median its historical median of 55.92. Over the past decade, PT Mandiri Herindo Adiperkasa Tbk's Days Payable has ranged from 38.38 to 63.18. According to the industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #367 out of 963 companies in the Transportation industry, placing it in the top 38.1%.
Is PT Mandiri Herindo Adiperkasa Tbk's Days Payable too high?
PT Mandiri Herindo Adiperkasa Tbk's current Days Payable of 54.65 is near median its 10-year median of 55.92. Over the past 10 years, this metric has ranged from a low of 38.38 to a high of 63.18. The Transportation industry median Days Payable is 38.96. PT Mandiri Herindo Adiperkasa Tbk's value of 54.65 is 40.3% above this industry median. Based on the distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #367 out of 963 companies in the Transportation industry, which is above the industry midpoint. Overall, PT Mandiri Herindo Adiperkasa Tbk has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mandiri Herindo Adiperkasa Tbk's Days Payable compare to ODFL and XPO?
According to the Transportation industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #367 out of 963 companies for Days Payable. This puts PT Mandiri Herindo Adiperkasa Tbk in the upper half of its industry. The industry median Days Payable is 38.96. PT Mandiri Herindo Adiperkasa Tbk's value of 54.65 is 40.3% above this benchmark. Historically, PT Mandiri Herindo Adiperkasa Tbk's own Days Payable has ranged from 38.38 to 63.18 over the past decade. While the company's 10-year median is 55.92 vs. the industry median of 38.96, PT Mandiri Herindo Adiperkasa 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 Transportation company?
The median Days Payable among Transportation companies is 38.96, based on 963 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 Mandiri Herindo Adiperkasa Tbk's current Days Payable of 54.65 is 40.3% 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 Mandiri Herindo Adiperkasa Tbk and its competitors. For the Transportation industry, the median Days Payable is 38.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mandiri Herindo Adiperkasa Tbk's current Days Payable is 54.65, which is near median its own 10-year median of 55.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mandiri Herindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp230.18, compared to a current price of Rp134.00 — trading 41.8% below its estimated fair value. The current Days Payable is 54.65, which is near median its 10-year median of 55.92 and 40.3% above the Transportation industry median of 38.96. PT Mandiri Herindo Adiperkasa Tbk's overall GF Score™ is 68/100 with 3 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA), the current Days Payable is 54.65 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp134.00 is trading 41.8% below its estimated GF Value™ of Rp230.18. GuruFocus considers PT Mandiri Herindo Adiperkasa Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MAHA:

  • Days Payable: 54.65 (near median its 10-year median of 55.92)
  • GF Value™: Rp230.18 vs. price of Rp134.00 (41.8% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 40.3% above the Transportation median (#367 of 963)

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


PT Mandiri Herindo Adiperkasa Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Senopati Raya No. 8B, Gedung Office 8, Floor 31, Unit A, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190
PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers, and dump trucks, with variations in payload capacity and equipment specifications according to the needs of the employer. The company classifies its business into three geographical segments, which are North Kalimantan, East Kalimantan, and Central Kalimantan. The company generates the majority of its revenue from the East Kalimantan segment.
68GF Score

Get the complete analysis for ISX:MAHA

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

Rp134.00
Price
Rp230.18
GF Value