PT Multi Hanna Kreasindo Tbk (ISX:MHKI) Days Payable: 49.02 (As of Mar. 2026) — 36% Above Median


ISX:MHKI PT Multi Hanna Kreasindo Tbk ISX:MHKI
13 GF Score
Price Rp119.00
! 3 Warning Signs
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What is PT Multi Hanna Kreasindo Tbk Days Payable?

PT Multi Hanna Kreasindo Tbk ISX:MHKI -0.83% 13 Days Payable is 49.02 as of Mar. 2026, which is 36% above its 10-year median of 35.99. GuruFocus rates ISX:MHKI with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 232 Waste Management companies, PT Multi Hanna Kreasindo Tbk ranks worse than 63.36% on this metric.

PT Multi Hanna Kreasindo Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp9,736 Mil. PT Multi Hanna Kreasindo Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp18,125 Mil. Hence, PT Multi Hanna Kreasindo Tbk's Days Payable for the three months ended in Mar. 2026 was 49.02.

The historical rank and industry rank for PT Multi Hanna Kreasindo Tbk's Days Payable or its related term are showing as below:

ISX:MHKI' s Days Payable Range Over the Past 10 Years
Min: 32.17   Med: 35.99   Max: 45.88
Current: 45.88

During the past 3 years, PT Multi Hanna Kreasindo Tbk's highest Days Payable was 45.88. The lowest was 32.17. And the median was 35.99.

ISX:MHKI's Days Payable is ranked worse than
63.36% of 232 companies
in the Waste Management industry
Industry Median: 63.355 vs ISX:MHKI: 45.88

PT Multi Hanna Kreasindo Tbk's Days Payable increased from Mar. 2025 (48.21) to Mar. 2026 (49.02). It may suggest that PT Multi Hanna Kreasindo Tbk delayed paying its suppliers.


PT Multi Hanna Kreasindo Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo Tbk Days Payable Chart

PT Multi Hanna Kreasindo Tbk Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
44.26 35.99 32.17

PT Multi Hanna Kreasindo Tbk Quarterly Data
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 48.21 63.25 53.81 27.52 49.02

ISX:MHKI vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo Tbk Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, PT Multi Hanna Kreasindo Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Multi Hanna Kreasindo Tbk's Days Payable falls into.


ISX:MHKI
13GF Score
PT Multi Hanna Kreasindo Tbk ISX:MHKI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo 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
=( (7964.831 + 11202.098) / 2 ) / 108740.468*365
=9583.4645 / 108740.468*365
=32.17

PT Multi Hanna Kreasindo 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
=( (11202.098 + 8270.332) / 2 ) / 18125.017*365 / 4
=9736.215 / 18125.017*365 / 4
=49.02

* 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 49.02 mean?
PT Multi Hanna Kreasindo Tbk (ISX:MHKI) has a Days Payable of 49.02 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 Multi Hanna Kreasindo Tbk and its competitors. This is 36% above median its historical median of 35.99. Over the past decade, PT Multi Hanna Kreasindo Tbk's Days Payable has ranged from 32.17 to 45.88. According to the industry distribution chart, PT Multi Hanna Kreasindo Tbk ranks #147 out of 232 companies in the Waste Management industry, placing it in the top 63.4%.
Is PT Multi Hanna Kreasindo Tbk's Days Payable too high?
PT Multi Hanna Kreasindo Tbk's current Days Payable of 49.02 is 36% above median its 10-year median of 35.99. Over the past 10 years, this metric has ranged from a low of 32.17 to a high of 45.88. The Waste Management industry median Days Payable is 63.36. PT Multi Hanna Kreasindo Tbk's value of 49.02 is 22.6% below this industry median. Based on the distribution chart, PT Multi Hanna Kreasindo Tbk ranks #147 out of 232 companies in the Waste Management industry, which is below the industry midpoint. Overall, PT Multi Hanna Kreasindo Tbk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Hanna Kreasindo Tbk's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, PT Multi Hanna Kreasindo Tbk ranks #147 out of 232 companies for Days Payable. This places PT Multi Hanna Kreasindo Tbk in the lower half of its industry. The industry median Days Payable is 63.36. PT Multi Hanna Kreasindo Tbk's value of 49.02 is 22.6% below this benchmark. Historically, PT Multi Hanna Kreasindo Tbk's own Days Payable has ranged from 32.17 to 45.88 over the past decade. While the company's 10-year median is 35.99 vs. the industry median of 63.36, PT Multi Hanna Kreasindo 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.36, based on 232 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 Multi Hanna Kreasindo Tbk's current Days Payable of 49.02 is 22.6% 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 Multi Hanna Kreasindo Tbk and its competitors. For the Waste Management industry, the median Days Payable is 63.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Hanna Kreasindo Tbk's current Days Payable is 49.02, which is 36% above median its own 10-year median of 35.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Hanna Kreasindo Tbk stock overvalued right now?
PT Multi Hanna Kreasindo Tbk (ISX:MHKI) has a current Days Payable of 49.02. The current Days Payable is 49.02, which is 36% above median its 10-year median of 35.99 and 22.6% below the Waste Management industry median of 63.36. PT Multi Hanna Kreasindo Tbk's overall GF Score™ is 13/100 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 Multi Hanna Kreasindo Tbk (ISX:MHKI), the current Days Payable is 49.02 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.

PT Multi Hanna Kreasindo Tbk Business Description

Address Jalan Raya Narogong Km 12, No. 23, Pangkalan II No., Bantar Gebang, West Java, RT.003/RW.002, Cikiwul village, Bekasi, IDN, 17152
PT Multi Hanna Kreasindo Tbki conduct business in the fields of treatment and disposal of hazardous waste, railway freight forwarding and land transportation, wholesale trade, nonferrous metal and steel foundries, laboratory testing services, transportation, hazardous waste collection, other activities, professional, scientific and technical. The company has segment Services and Goods Sales. The company generates majority of revenue from Services segment activities include integrated waste transportation, processing and utilisation services with a emphasis on environmental sustainability. It offers a One Package Service as its Unique selling proposition (USP), encompassing transportation, collection, processing, and utilization of both hazardous (B3) and non-hazardous waste.
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