PT Panin Sekuritas Tbk (ISX:PANS) Days Payable: 1,454.95 (As of Mar. 2026) — 18% Above Median


ISX:PANS PT Panin Sekuritas Tbk ISX:PANS
80 GF Score
Price Rp1,465.00
GF Value Rp1,870.77
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PT Panin Sekuritas Tbk Days Payable?

PT Panin Sekuritas Tbk ISX:PANS -0.34% 80 Days Payable is 1,454.95 as of Mar. 2026, which is 18% above its 10-year median of 1,237.15. GuruFocus rates ISX:PANS with a GF Score™ of 80/100 and a GF Value™ of Rp1,870.77 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 541 Capital Markets companies, PT Panin Sekuritas Tbk ranks better than 85.77% on this metric.

PT Panin Sekuritas Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp778,970 Mil. PT Panin Sekuritas Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp48,854 Mil. Hence, PT Panin Sekuritas Tbk's Days Payable for the three months ended in Mar. 2026 was 1,454.95.

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

ISX:PANS' s Days Payable Range Over the Past 10 Years
Min: 558.37   Med: 1237.15   Max: 2200.02
Current: 1681.56

During the past 13 years, PT Panin Sekuritas Tbk's highest Days Payable was 2200.02. The lowest was 558.37. And the median was 1237.15.

ISX:PANS's Days Payable is ranked better than
85.77% of 541 companies
in the Capital Markets industry
Industry Median: 91.67 vs ISX:PANS: 1681.56

PT Panin Sekuritas Tbk's Days Payable increased from Mar. 2025 (1,025.22) to Mar. 2026 (1,454.95). It may suggest that PT Panin Sekuritas Tbk delayed paying its suppliers.


PT Panin Sekuritas Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Panin Sekuritas 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 Panin Sekuritas Tbk Days Payable Chart

PT Panin Sekuritas 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 1,841.80 558.37 939.39 1,121.46 1,560.34

PT Panin Sekuritas 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 1,025.22 1,434.76 2,038.73 2,177.89 1,454.95

ISX:PANS vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, PT Panin Sekuritas 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 Panin Sekuritas Tbk Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT Panin Sekuritas Tbk's Days Payable distribution charts can be found below:

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


ISX:PANS
80GF Score
PT Panin Sekuritas Tbk ISX:PANS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Panin Sekuritas 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 Panin Sekuritas 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
=( (355785.801 + 916318.646) / 2 ) / 148787.233*365
=636052.2235 / 148787.233*365
=1,560.34

PT Panin Sekuritas 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
=( (916318.646 + 641620.92) / 2 ) / 48854.479*365 / 4
=778969.783 / 48854.479*365 / 4
=1,454.95

* 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 1,454.95 mean?
PT Panin Sekuritas Tbk (ISX:PANS) has a Days Payable of 1,454.95 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 Panin Sekuritas Tbk and its competitors. This is 18% above median its historical median of 1,237.15. Over the past decade, PT Panin Sekuritas Tbk's Days Payable has ranged from 558.37 to 2,200.02. According to the industry distribution chart, PT Panin Sekuritas Tbk ranks #77 out of 541 companies in the Capital Markets industry, placing it in the top 14.2%.
Is PT Panin Sekuritas Tbk's Days Payable too high?
PT Panin Sekuritas Tbk's current Days Payable of 1,454.95 is 18% above median its 10-year median of 1,237.15. Over the past 10 years, this metric has ranged from a low of 558.37 to a high of 2,200.02. The Capital Markets industry median Days Payable is 91.67. PT Panin Sekuritas Tbk's value of 1,454.95 is 1487.2% above this industry median. Based on the distribution chart, PT Panin Sekuritas Tbk ranks #77 out of 541 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, PT Panin Sekuritas Tbk has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Panin Sekuritas Tbk's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, PT Panin Sekuritas Tbk ranks #77 out of 541 companies for Days Payable. This places PT Panin Sekuritas Tbk in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 91.67. PT Panin Sekuritas Tbk's value of 1,454.95 is 1487.2% above this benchmark. Historically, PT Panin Sekuritas Tbk's own Days Payable has ranged from 558.37 to 2,200.02 over the past decade. While the company's 10-year median is 1,237.15 vs. the industry median of 91.67, PT Panin Sekuritas 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.67, based on 541 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 Panin Sekuritas Tbk's current Days Payable of 1,454.95 is 1487.2% 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 Panin Sekuritas Tbk and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Panin Sekuritas Tbk's current Days Payable is 1,454.95, which is 18% above median its own 10-year median of 1,237.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Panin Sekuritas Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Panin Sekuritas Tbk (ISX:PANS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,870.77, compared to a current price of Rp1,465.00 — trading 21.7% below its estimated fair value. The current Days Payable is 1,454.95, which is 18% above median its 10-year median of 1,237.15 and 1487.2% above the Capital Markets industry median of 91.67. PT Panin Sekuritas Tbk's overall GF Score™ is 80/100 with 2 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 Panin Sekuritas Tbk (ISX:PANS), the current Days Payable is 1,454.95 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 Panin Sekuritas Tbk (ISX:PANS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Panin Sekuritas Tbk stock appears to be undervalued. The current stock price of Rp1,465.00 is trading 21.7% below its estimated GF Value™ of Rp1,870.77. GuruFocus considers PT Panin Sekuritas Tbk to be Modestly Undervalued.

Key valuation signals for ISX:PANS:

  • Days Payable: 1,454.95 (18% above median its 10-year median of 1,237.15)
  • GF Value™: Rp1,870.77 vs. price of Rp1,465.00 (21.7% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 1487.2% above the Capital Markets median (#77 of 541)

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


PT Panin Sekuritas Tbk Business Description

Address Jalan Jendral Sudirman Kav. 52-53, Suite 1705, 17th Floor, Gedung Bursa Efek Indonesia (BEI) - Tower II, Jakarta, IDN, 12190
PT Panin Sekuritas Tbk is engaged in the capital markets business sector. The company is engaged in providing services like broker dealing, corporate finance, asset management, research, online trading, Sharia online trading, education, and others. The operating segments of the company include Brokerage and underwriting and Investment manager and Other business activities. The company generates maximum revenue from the Brokerage and underwriting segment. The product line of the company consists of Panin News, trading ideas, recommendations, company reports, industrial reports, and others.
80GF Score

Get the complete analysis for ISX:PANS

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

Rp1,465.00
Price
Rp1,870.77
GF Value