What is PT Merdeka Battery Materials Tbk Days Payable?
PT Merdeka Battery Materials TbkISX:MBMA 53 Days Payable is 42.06 as of Mar. 2026, which is 14% below its 10-year median of 49.11. GuruFocus rates ISX:MBMA with a GF Score™ of 53/100 and a GF Value™ of Rp792.47 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,062 Metals & Mining companies, PT Merdeka Battery Materials Tbk ranks worse than 82.02% on this metric.
* 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 Merdeka Battery Materials Tbk Days Payable Chart
For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials 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 Merdeka Battery Materials Tbk Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's Days Payable distribution charts can be found below:
* The bar in red indicates where PT Merdeka Battery Materials Tbk's Days Payable falls into.
PT Merdeka Battery Materials 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.
* 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 Merdeka Battery Materials Tbk (ISX:MBMA) has a Days Payable of 42.06 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 Merdeka Battery Materials Tbk and its competitors. This is 14% below median its historical median of 49.11. Over the past decade, PT Merdeka Battery Materials Tbk's Days Payable has ranged from 36.29 to 58.62. According to the industry distribution chart, PT Merdeka Battery Materials Tbk ranks #871 out of 1062 companies in the Metals & Mining industry, placing it in the top 82%.
Is PT Merdeka Battery Materials Tbk's Days Payable too high?
PT Merdeka Battery Materials Tbk's current Days Payable of 42.06 is 14% below median its 10-year median of 49.11. Over the past 10 years, this metric has ranged from a low of 36.29 to a high of 58.62. The Metals & Mining industry median Days Payable is 126.89. PT Merdeka Battery Materials Tbk's value of 42.06 is 66.9% below this industry median. Based on the distribution chart, PT Merdeka Battery Materials Tbk ranks #871 out of 1062 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's Days Payable compare to HL and SIND?
According to the Metals & Mining industry distribution chart, PT Merdeka Battery Materials Tbk ranks #871 out of 1062 companies for Days Payable. This places PT Merdeka Battery Materials Tbk in the lower half of its industry. The industry median Days Payable is 126.89. PT Merdeka Battery Materials Tbk's value of 42.06 is 66.9% below this benchmark. Historically, PT Merdeka Battery Materials Tbk's own Days Payable has ranged from 36.29 to 58.62 over the past decade. While the company's 10-year median is 49.11 vs. the industry median of 126.89, PT Merdeka Battery Materials 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,062 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 Merdeka Battery Materials Tbk's current Days Payable of 42.06 is 66.9% 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 Merdeka Battery Materials Tbk and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Battery Materials Tbk's current Days Payable is 42.06, which is 14% below median its own 10-year median of 49.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Battery Materials Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk (ISX:MBMA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp792.47, compared to a current price of Rp510.00 — trading 35.6% below its estimated fair value. The current Days Payable is 42.06, which is 14% below median its 10-year median of 49.11 and 66.9% below the Metals & Mining industry median of 126.89. PT Merdeka Battery Materials Tbk's overall GF Score™ is 53/100 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 Merdeka Battery Materials Tbk (ISX:MBMA), the current Days Payable is 42.06 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 Merdeka Battery Materials Tbk (ISX:MBMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk stock appears to be undervalued.
The current stock price of Rp510.00 is trading 35.6% below its estimated GF Value™ of Rp792.47.
GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.
Key valuation signals for ISX:MBMA:
Days Payable: 42.06 (14% below median its 10-year median of 49.11)
GF Value™: Rp792.47 vs. price of Rp510.00 (35.6% below fair value)
Industry Position: 66.9% below the Metals & Mining median (#871 of 1062)
No single metric tells the full story. See the ISX:MBMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Merdeka Battery Materials Tbk Business Description
PT Merdeka Battery Materials Tbk is an integrated battery materials and nickel processing company focused on the electric vehicle (EV) battery value chain in Indonesia. The company engages in nickel mining, smelting, and downstream battery material processing activities. Its business operations include the SCM Mine, RKEF smelters, Nickel Matte operations, AIM Project, IKIP industrial area development, and HPAL projects. The company operates through Mining, Manufacturing, and Other segments, with the majority of revenue generated from the Manufacturing segment.
53GF Score
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