PT Multi Medika Internasional Tbk (ISX:MMIX) Days Payable: 76.58 (As of Dec. 2021)


ISX:MMIX PT Multi Medika Internasional Tbk ISX:MMIX
24 GF Score
Price Rp750.00
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What is PT Multi Medika Internasional Tbk Days Payable?

PT Multi Medika Internasional Tbk ISX:MMIX -4.46% 24 Days Payable is 76.58 as of Dec. 2021. GuruFocus rates ISX:MMIX with a GF Score™ of 24/100.

PT Multi Medika Internasional Tbk's average Accounts Payable for the six months ended in Dec. 2021 was Rp23,948 Mil. PT Multi Medika Internasional Tbk's Cost of Goods Sold for the six months ended in Dec. 2021 was Rp114,147 Mil. Hence, PT Multi Medika Internasional Tbk's Days Payable for the six months ended in Dec. 2021 was 38.29.

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

ISX:MMIX's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 57.13
* Ranked among companies with meaningful Days Payable only.

PT Multi Medika Internasional Tbk's Days Payable increased from . 20 (0.00) to Dec. 2021 (76.58). It may suggest that PT Multi Medika Internasional Tbk delayed paying its suppliers.


PT Multi Medika Internasional Tbk Days Payable Related Terms


PT Multi Medika Internasional Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Multi Medika Internasional 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 Medika Internasional Tbk Days Payable Chart

PT Multi Medika Internasional Tbk Annual Data
Trend Dec20 Dec21
Days Payable
0.00 76.58

PT Multi Medika Internasional Tbk Semi-Annual Data
Dec20 Dec21
Days Payable 0.00 76.58

PT Multi Medika Internasional Tbk Days Payable Competitor Comparison

For the Pharmaceutical Retailers subindustry, PT Multi Medika Internasional 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 Medika Internasional Tbk Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PT Multi Medika Internasional Tbk's Days Payable distribution charts can be found below:

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


ISX:MMIX
24GF Score
PT Multi Medika Internasional Tbk ISX:MMIX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Medika Internasional 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 Medika Internasional Tbk's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (1833.702 + 46062.491) / 2 ) / 114146.851*365
=23948.0965 / 114146.851*365
=76.58

PT Multi Medika Internasional Tbk's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

Days Payable (Q: Dec. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (1833.702 + 46062.491) / 2 ) / 114146.851*365 / 2
=23948.0965 / 114146.851*365 / 2
=38.29

* 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 76.58 mean?
PT Multi Medika Internasional Tbk (ISX:MMIX) has a Days Payable of 76.58 as of Dec. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Multi Medika Internasional Tbk and its competitors.
Is PT Multi Medika Internasional Tbk's Days Payable too high?
PT Multi Medika Internasional Tbk's current Days Payable is 76.58. The Healthcare Providers & Services industry median Days Payable is 57.13. PT Multi Medika Internasional Tbk's value of 76.58 is 34% above this industry median. Overall, PT Multi Medika Internasional Tbk has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Medika Internasional Tbk's Days Payable compare to competitors?
PT Multi Medika Internasional Tbk's Days Payable of 76.58 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 57.13. PT Multi Medika Internasional Tbk's value of 76.58 is 34% above this benchmark. 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.13, based on 607 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 Medika Internasional Tbk's current Days Payable of 76.58 is 34% 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 Multi Medika Internasional Tbk and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Medika Internasional Tbk's current Days Payable is 76.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Medika Internasional Tbk stock overvalued right now?
PT Multi Medika Internasional Tbk (ISX:MMIX) has a current Days Payable of 76.58. The current Days Payable is 76.58 and 34% above the Healthcare Providers & Services industry median of 57.13. PT Multi Medika Internasional Tbk's overall GF Score™ is 24/100. 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 Medika Internasional Tbk (ISX:MMIX), the current Days Payable is 76.58 as of Dec. 2021. 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 Medika Internasional Tbk Business Description

Address Jl. Peternakan III No.55B, Kelurahan Kapuk, Kecamatan Cengkareng, Jakarta Barat, DKI Jakarta, Kode Pos, Jakarta, IDN, 11720
PT Multi Medika Internasional Tbk is engaged in the wholesale trading of medical devices and pharmaceutical and laboratory equipment for humans, operating lease, and non-copyrighted works. It also wholesales other food and beverages, such as rice flour, tapioca flour, bakery premix, caramel, processed honey, shrimp crackers and others; agricultural food and beverages, such as herbs and spices; livestock and fisheries; non-alcoholic beverages, such as fruit juice, soft drinks, mineral water, bottled water, and other similar products; cosmetics for humans such as perfume, soap, powder and others. Its segments include Mask and other non food and beverages, and food and beverages. It derives the majoritf of the revenue from Mask and other non food and beverages segments.
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