PT Multipolar Tbk (ISX:MLPL) Days Payable: 61.49 (As of Mar. 2026) — Near Median


ISX:MLPL PT Multipolar Tbk ISX:MLPL
65 GF Score
Price Rp78.00
GF Value Rp99.18
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Multipolar Tbk Days Payable?

PT Multipolar Tbk ISX:MLPL -1.27% 65 Days Payable is 61.49 as of Mar. 2026, which is 3% above its 10-year median of 59.97. GuruFocus rates ISX:MLPL with a GF Score™ of 65/100 and a GF Value™ of Rp99.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,102 Retail - Cyclical companies, PT Multipolar Tbk ranks better than 60.07% on this metric.

PT Multipolar Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp1,793,298 Mil. PT Multipolar Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp2,661,123 Mil. Hence, PT Multipolar Tbk's Days Payable for the three months ended in Mar. 2026 was 61.49.

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

ISX:MLPL' s Days Payable Range Over the Past 10 Years
Min: 54.67   Med: 59.97   Max: 68
Current: 65.74

During the past 13 years, PT Multipolar Tbk's highest Days Payable was 68.00. The lowest was 54.67. And the median was 59.97.

ISX:MLPL's Days Payable is ranked better than
60.07% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 51.215 vs ISX:MLPL: 65.74

PT Multipolar Tbk's Days Payable declined from Mar. 2025 (63.21) to Mar. 2026 (61.49). It may suggest that PT Multipolar Tbk accelerated paying its suppliers.


PT Multipolar Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Multipolar 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 Multipolar Tbk Days Payable Chart

PT Multipolar Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.85 54.67 56.39 59.23 68.00

PT Multipolar Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only 63.21 71.92 64.72 65.54 61.49

ISX:MLPL vs DDS, M: Days Payable Comparison

For the Department Stores subindustry, PT Multipolar 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 Multipolar Tbk Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Multipolar Tbk's Days Payable distribution charts can be found below:

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


ISX:MLPL
65GF Score
PT Multipolar Tbk ISX:MLPL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multipolar 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 Multipolar 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
=( (1639451 + 1942215) / 2 ) / 9611990*365
=1790833 / 9611990*365
=68.00

PT Multipolar 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
=( (1942215 + 1644380) / 2 ) / 2661123*365 / 4
=1793297.5 / 2661123*365 / 4
=61.49

* 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 61.49 mean?
PT Multipolar Tbk (ISX:MLPL) has a Days Payable of 61.49 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 Multipolar Tbk and its competitors. This is near median its historical median of 59.97. Over the past decade, PT Multipolar Tbk's Days Payable has ranged from 54.67 to 68.00. According to the industry distribution chart, PT Multipolar Tbk ranks #440 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 39.9%.
Is PT Multipolar Tbk's Days Payable too high?
PT Multipolar Tbk's current Days Payable of 61.49 is near median its 10-year median of 59.97. Over the past 10 years, this metric has ranged from a low of 54.67 to a high of 68.00. The Retail - Cyclical industry median Days Payable is 51.22. PT Multipolar Tbk's value of 61.49 is 20.1% above this industry median. Based on the distribution chart, PT Multipolar Tbk ranks #440 out of 1102 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, PT Multipolar Tbk has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Multipolar Tbk's Days Payable compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PT Multipolar Tbk ranks #440 out of 1102 companies for Days Payable. This puts PT Multipolar Tbk in the upper half of its industry. The industry median Days Payable is 51.22. PT Multipolar Tbk's value of 61.49 is 20.1% above this benchmark. Historically, PT Multipolar Tbk's own Days Payable has ranged from 54.67 to 68.00 over the past decade. While the company's 10-year median is 59.97 vs. the industry median of 51.22, PT Multipolar 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.22, based on 1,102 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 Multipolar Tbk's current Days Payable of 61.49 is 20.1% 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 Multipolar Tbk and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multipolar Tbk's current Days Payable is 61.49, which is near median its own 10-year median of 59.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multipolar Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multipolar Tbk (ISX:MLPL) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp99.18, compared to a current price of Rp78.00 — trading 21.4% below its estimated fair value. The current Days Payable is 61.49, which is near median its 10-year median of 59.97 and 20.1% above the Retail - Cyclical industry median of 51.22. PT Multipolar Tbk's overall GF Score™ is 65/100 with 4 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 Multipolar Tbk (ISX:MLPL), the current Days Payable is 61.49 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 Multipolar Tbk (ISX:MLPL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multipolar Tbk stock appears to be undervalued. The current stock price of Rp78.00 is trading 21.4% below its estimated GF Value™ of Rp99.18. GuruFocus considers PT Multipolar Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MLPL:

  • Days Payable: 61.49 (near median its 10-year median of 59.97)
  • GF Value™: Rp99.18 vs. price of Rp78.00 (21.4% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 20.1% above the Retail - Cyclical median (#440 of 1102)

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


PT Multipolar Tbk Business Description

Address Jalan Boulevard Palem Raya No. 7, Menara Matahari 20th-21st Floor, Lippo Karawaci, Banten, Tangerang, IDN, 15811
PT Multipolar Tbk is an investment holding company. The company is engaged in business scopes covering the telecommunication services, information technology industry, general trading including import, export, interinsulair, local and retail trading, property/real estate development, management services, renting spaces in buildings and investment. The company has three main business segments: Retail and Distribution, Information Technology, and Other Segments. The firm's key revenue is generated by the Retail and Distribution Segment.
65GF Score

Get the complete analysis for ISX:MLPL

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

Rp78.00
Price
Rp99.18
GF Value