PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Days Payable: 57.58 (As of Jun. 2026) — Near Median

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ISX:MKAP PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
63 GF Score
Price Rp1,165.00
GF Value Rp519.65
Valuation Significantly Overvalued
! 7 Warning Signs
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What is PT Multikarya Asia Pasifik Raya Tbk Days Payable?

PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP 63 Days Payable is 57.58 as of Jun. 2026, which is 4% below its 10-year median of 60.08. GuruFocus rates ISX:MKAP with a GF Score™ of 63/100 and a GF Value™ of Rp519.65 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 857 Oil & Gas companies, PT Multikarya Asia Pasifik Raya Tbk ranks worse than 50.29% on this metric.

PT Multikarya Asia Pasifik Raya Tbk's average Accounts Payable for the three months ended in Jun. 2026 was Rp38,278 Mil. PT Multikarya Asia Pasifik Raya Tbk's Cost of Goods Sold for the three months ended in Jun. 2026 was Rp60,658 Mil. Hence, PT Multikarya Asia Pasifik Raya Tbk's Days Payable for the three months ended in Jun. 2026 was 57.58.

The historical rank and industry rank for PT Multikarya Asia Pasifik Raya Tbk's Days Payable or its related term are showing as below:

ISX:MKAP' s Days Payable Range Over the Past 10 Years
Min: 53.46   Med: 60.08   Max: 102.13
Current: 58.59

During the past 6 years, PT Multikarya Asia Pasifik Raya Tbk's highest Days Payable was 102.13. The lowest was 53.46. And the median was 60.08.

ISX:MKAP's Days Payable is ranked worse than
50.29% of 857 companies
in the Oil & Gas industry
Industry Median: 58.96 vs ISX:MKAP: 58.59

PT Multikarya Asia Pasifik Raya Tbk's Days Payable declined from Jun. 2025 (93.00) to Jun. 2026 (57.58). It may suggest that PT Multikarya Asia Pasifik Raya Tbk accelerated paying its suppliers.


PT Multikarya Asia Pasifik Raya Tbk Days Payable Related Terms


PT Multikarya Asia Pasifik Raya Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk Days Payable Chart

PT Multikarya Asia Pasifik Raya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 102.13 59.40 60.75 53.46 55.45

PT Multikarya Asia Pasifik Raya Tbk Quarterly Data
Dec20 Dec21 Dec22 Jul23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 93.00 94.24 45.37 70.35 57.58

ISX:MKAP vs SLB, BKR, FTI: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Multikarya Asia Pasifik Raya Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Multikarya Asia Pasifik Raya Tbk's Days Payable falls into.


ISX:MKAP
63GF Score
PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya 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
=( (40010.155 + 42067.702) / 2 ) / 270157.089*365
=41038.9285 / 270157.089*365
=55.45

PT Multikarya Asia Pasifik Raya Tbk's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (52148.244 + 24408.451) / 2 ) / 60657.544*365 / 4
=38278.3475 / 60657.544*365 / 4
=57.58

* 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 57.58 mean?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Days Payable of 57.58 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. This is near median its historical median of 60.08. Over the past decade, PT Multikarya Asia Pasifik Raya Tbk's Days Payable has ranged from 53.46 to 102.13. According to the industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #431 out of 857 companies in the Oil & Gas industry, placing it in the top 50.3%.
Is PT Multikarya Asia Pasifik Raya Tbk's Days Payable too high?
PT Multikarya Asia Pasifik Raya Tbk's current Days Payable of 57.58 is near median its 10-year median of 60.08. Over the past 10 years, this metric has ranged from a low of 53.46 to a high of 102.13. The Oil & Gas industry median Days Payable is 58.96. PT Multikarya Asia Pasifik Raya Tbk's value of 57.58 is 2.3% below this industry median. Based on the distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #431 out of 857 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #431 out of 857 companies for Days Payable. This places PT Multikarya Asia Pasifik Raya Tbk in the lower half of its industry. The industry median Days Payable is 58.96. PT Multikarya Asia Pasifik Raya Tbk's value of 57.58 is 2.3% below this benchmark. Historically, PT Multikarya Asia Pasifik Raya Tbk's own Days Payable has ranged from 53.46 to 102.13 over the past decade. While the company's 10-year median is 60.08 vs. the industry median of 58.96, PT Multikarya Asia Pasifik Raya 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.96, based on 857 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 Multikarya Asia Pasifik Raya Tbk's current Days Payable of 57.58 is 2.3% 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 Multikarya Asia Pasifik Raya Tbk and its competitors. For the Oil & Gas industry, the median Days Payable is 58.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multikarya Asia Pasifik Raya Tbk's current Days Payable is 57.58, which is near median its own 10-year median of 60.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multikarya Asia Pasifik Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp519.65, compared to a current price of Rp1,165.00 — trading 124.2% above its estimated fair value. The current Days Payable is 57.58, which is near median its 10-year median of 60.08 and 2.3% below the Oil & Gas industry median of 58.96. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 63/100 with 7 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Days Payable is 57.58 as of Jun. 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk stock appears to be overvalued. The current stock price of Rp1,165.00 is trading 124.2% above its estimated GF Value™ of Rp519.65. GuruFocus considers PT Multikarya Asia Pasifik Raya Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MKAP:

  • Days Payable: 57.58 (near median its 10-year median of 60.08)
  • GF Value™: Rp519.65 vs. price of Rp1,165.00 (124.2% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 2.3% below the Oil & Gas median (#431 of 857)

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


PT Multikarya Asia Pasifik Raya Tbk Business Description

Industry EnergyOil & Gas
Address Jalan TB Simatupang No 02, Cibis Nine, 16th Floor, Cilandak Timur, Pasar Minggu, South Jakarta, Jakarta, IDN, 12560
PT Multikarya Asia Pasifik Raya Tbk is engaged in the manufacturing and trading of services, as well as the rental and repair of pumps and other supporting equipment, including spare parts for the oil, natural gas, and mining industries. The firm operates through two main segments: Spare Parts and Procurement, and Rental and Services, with the majority of its revenue coming from the Spare Parts and Procurement segment. For the oil and gas industry, it offers products and services such as crude oil transfer to and from further processing, water reinjection production, water treatment injection plants, and pumps for mud, cement, and stimulation. In the mining industry, the company provides services for water drying and mud removal, along with reinstallation, repair, and rejuvenation of pump.
63GF Score

Get the complete analysis for ISX:MKAP

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

Rp1,165.00
Price
Rp519.65
GF Value