PT Matahari Putra Prima Tbk (ISX:MPPA) Days Payable: 56.31 (As of Mar. 2026) — Near Median


ISX:MPPA PT Matahari Putra Prima Tbk ISX:MPPA
54 GF Score
Price Rp45.00
GF Value Rp50.67
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Matahari Putra Prima Tbk Days Payable?

PT Matahari Putra Prima Tbk ISX:MPPA -6.25% 54 Days Payable is 56.31 as of Mar. 2026, which is 5% below its 10-year median of 59.14. GuruFocus rates ISX:MPPA with a GF Score™ of 54/100 and a GF Value™ of Rp50.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,098 Retail - Cyclical companies, PT Matahari Putra Prima Tbk ranks better than 61.2% on this metric.

PT Matahari Putra Prima Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp1,140,678 Mil. PT Matahari Putra Prima Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp1,848,456 Mil. Hence, PT Matahari Putra Prima Tbk's Days Payable for the three months ended in Mar. 2026 was 56.31.

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

ISX:MPPA' s Days Payable Range Over the Past 10 Years
Min: 49.82   Med: 59.14   Max: 74.87
Current: 66.96

During the past 13 years, PT Matahari Putra Prima Tbk's highest Days Payable was 74.87. The lowest was 49.82. And the median was 59.14.

ISX:MPPA's Days Payable is ranked better than
61.2% of 1098 companies
in the Retail - Cyclical industry
Industry Median: 51.625 vs ISX:MPPA: 66.96

PT Matahari Putra Prima Tbk's Days Payable declined from Mar. 2025 (60.51) to Mar. 2026 (56.31). It may suggest that PT Matahari Putra Prima Tbk accelerated paying its suppliers.


PT Matahari Putra Prima Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Matahari Putra Prima 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 Matahari Putra Prima Tbk Days Payable Chart

PT Matahari Putra Prima 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 59.76 58.51 57.40 63.84 74.87

PT Matahari Putra Prima 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 60.51 75.18 67.53 73.15 56.31

ISX:MPPA vs DDS, M: Days Payable Comparison

For the Department Stores subindustry, PT Matahari Putra Prima 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 Matahari Putra Prima Tbk Days Payable vs Retail - Cyclical Industry

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

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


ISX:MPPA
54GF Score
PT Matahari Putra Prima Tbk ISX:MPPA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Matahari Putra Prima 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 Matahari Putra Prima 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
=( (1152393 + 1303238) / 2 ) / 5985963*365
=1227815.5 / 5985963*365
=74.87

PT Matahari Putra Prima 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
=( (1303238 + 978117) / 2 ) / 1848456*365 / 4
=1140677.5 / 1848456*365 / 4
=56.31

* 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 56.31 mean?
PT Matahari Putra Prima Tbk (ISX:MPPA) has a Days Payable of 56.31 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 Matahari Putra Prima Tbk and its competitors. This is near median its historical median of 59.14. Over the past decade, PT Matahari Putra Prima Tbk's Days Payable has ranged from 49.82 to 74.87. According to the industry distribution chart, PT Matahari Putra Prima Tbk ranks #426 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 38.8%.
Is PT Matahari Putra Prima Tbk's Days Payable too high?
PT Matahari Putra Prima Tbk's current Days Payable of 56.31 is near median its 10-year median of 59.14. Over the past 10 years, this metric has ranged from a low of 49.82 to a high of 74.87. The Retail - Cyclical industry median Days Payable is 51.63. PT Matahari Putra Prima Tbk's value of 56.31 is 9.1% above this industry median. Based on the distribution chart, PT Matahari Putra Prima Tbk ranks #426 out of 1098 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, PT Matahari Putra Prima Tbk has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Matahari Putra Prima Tbk's Days Payable compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PT Matahari Putra Prima Tbk ranks #426 out of 1098 companies for Days Payable. This puts PT Matahari Putra Prima Tbk in the upper half of its industry. The industry median Days Payable is 51.63. PT Matahari Putra Prima Tbk's value of 56.31 is 9.1% above this benchmark. Historically, PT Matahari Putra Prima Tbk's own Days Payable has ranged from 49.82 to 74.87 over the past decade. While the company's 10-year median is 59.14 vs. the industry median of 51.63, PT Matahari Putra Prima 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 51.63, based on 1,098 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 Matahari Putra Prima Tbk's current Days Payable of 56.31 is 9.1% 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 Matahari Putra Prima Tbk and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Matahari Putra Prima Tbk's current Days Payable is 56.31, which is near median its own 10-year median of 59.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Matahari Putra Prima Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Matahari Putra Prima Tbk (ISX:MPPA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp50.67, compared to a current price of Rp45.00 — trading 11.2% below its estimated fair value. The current Days Payable is 56.31, which is near median its 10-year median of 59.14 and 9.1% above the Retail - Cyclical industry median of 51.63. PT Matahari Putra Prima Tbk's overall GF Score™ is 54/100 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 Matahari Putra Prima Tbk (ISX:MPPA), the current Days Payable is 56.31 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 Matahari Putra Prima Tbk (ISX:MPPA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Matahari Putra Prima Tbk stock appears to be undervalued. The current stock price of Rp45.00 is trading 11.2% below its estimated GF Value™ of Rp50.67. GuruFocus considers PT Matahari Putra Prima Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MPPA:

  • Days Payable: 56.31 (near median its 10-year median of 59.14)
  • GF Value™: Rp50.67 vs. price of Rp45.00 (11.2% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 9.1% above the Retail - Cyclical median (#426 of 1098)

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


PT Matahari Putra Prima Tbk Business Description

Address Jalan Sultan Falatehan, Hypermart Cyberpark, Upper Ground Floor, Lippo Karawaci Utara, Banten, Tangerang, IDN, 15138
PT Matahari Putra Prima Tbk is engaged in retail business. The company focuses on fast moving consumer goods through brands like hypermart, smart club, Boston health and beauty, and FMX. These brands are engaged in providing wholesale business, fresh foods, bakery, ready to eat products, and personal care products. It mainly operates in two segments: Retail and Wholesale. The Wholesale segment accounts for majority revenue of the firm.
54GF Score

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

Rp45.00
Price
Rp50.67
GF Value