PT Merry Riana Edukasi Tbk (ISX:MERI) Days Payable: 0.00 (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is PT Merry Riana Edukasi Tbk Days Payable?

PT Merry Riana Edukasi Tbk ISX:MERI -0.98% Days Payable is 0.00 as of . 20. The stock has 1 warning sign investors should review. Among 210 Education companies, PT Merry Riana Edukasi Tbk ranks worse than 476190% on this metric.

PT Merry Riana Edukasi Tbk's average Accounts Payable for the six months ended in . 20 was Rp0.00 Mil. PT Merry Riana Edukasi Tbk's Cost of Goods Sold for the six months ended in . 20 was Rp0.00 Mil.

The historical rank and industry rank for PT Merry Riana Edukasi Tbk's Days Payable or its related term are showing as below:

ISX:MERI's Days Payable is not ranked *
in the Education industry.
Industry Median: 34.365
* Ranked among companies with meaningful Days Payable only.

PT Merry Riana Edukasi Tbk's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

PT Merry Riana Edukasi Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Merry Riana Edukasi 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 Merry Riana Edukasi Tbk Days Payable Chart

PT Merry Riana Edukasi Tbk Annual Data
Trend
Days Payable

PT Merry Riana Edukasi Tbk Semi-Annual Data
Days Payable

ISX:MERI vs EDU, TAL, LAUR: Days Payable Comparison

For the Education & Training Services subindustry, PT Merry Riana Edukasi 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 Merry Riana Edukasi Tbk Days Payable vs Education Industry

For the Education industry and Consumer Defensive sector, PT Merry Riana Edukasi Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Merry Riana Edukasi Tbk's Days Payable falls into.


PT Merry Riana Edukasi 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 Merry Riana Edukasi Tbk's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

PT Merry Riana Edukasi Tbk's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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 0.00 mean?
PT Merry Riana Edukasi Tbk (ISX:MERI) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Merry Riana Edukasi Tbk and its competitors. According to the industry distribution chart, PT Merry Riana Edukasi Tbk ranks #999999 out of 210 companies in the Education industry.
Is PT Merry Riana Edukasi Tbk's Days Payable too high?
PT Merry Riana Edukasi Tbk's current Days Payable is 0.00. Based on the distribution chart, PT Merry Riana Edukasi Tbk ranks #999999 out of 210 companies in the Education industry, which is in the bottom quartile relative to peers.
How does PT Merry Riana Edukasi Tbk's Days Payable compare to EDU and TAL?
According to the Education industry distribution chart, PT Merry Riana Edukasi Tbk ranks #999999 out of 210 companies for Days Payable. This places PT Merry Riana Edukasi Tbk in the lower half of its industry. The industry median Days Payable is 34.37. 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 an Education company?
The median Days Payable among Education companies is 34.37, based on 210 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. 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 Merry Riana Edukasi Tbk and its competitors. For the Education industry, the median Days Payable is 34.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merry Riana Edukasi Tbk's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merry Riana Edukasi Tbk stock overvalued right now?
PT Merry Riana Edukasi Tbk (ISX:MERI) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Merry Riana Edukasi Tbk (ISX:MERI), the current Days Payable is 0.00 as of . 20. 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 Merry Riana Edukasi Tbk Business Description

Address Jalan S Parman Kav. 28, Unit 4201-4203, 42 Lantai, Soho Capital, Podomoro City, Tanjung Duren Selatan, Grogol Petamburan, Jakarta Barat, Jakarta, IDN, 11470
PT Merry Riana Edukasi Tbk is an educational institution and a self-development center for children and adolescents in Indonesia. The company operates Merry Riana Learning Centres (MRLC), Merry Riana Digital Learning (MRDL) platform, and organizes various event-based training programs, including Holiday Programs, Life and Success Programs, Leadership Camps, and the Merry Riana Public Speaking Academy across the country. The company's operating segments are: MRLC, which generates the maximum revenue, MR Events, MRDL, and MRPP.