PT Pelangi Indah Canindo Tbk (ISX:PICO) Days Payable: 74.78 (As of Mar. 2026) — 15% Above Median


ISX:PICO PT Pelangi Indah Canindo Tbk ISX:PICO
67 GF Score
Price Rp120.00
GF Value Rp167.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Pelangi Indah Canindo Tbk Days Payable?

PT Pelangi Indah Canindo Tbk ISX:PICO +0.84% 67 Days Payable is 74.78 as of Mar. 2026, which is 15% above its 10-year median of 64.99. GuruFocus rates ISX:PICO with a GF Score™ of 67/100 and a GF Value™ of Rp167.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 378 Packaging & Containers companies, PT Pelangi Indah Canindo Tbk ranks better than 55.82% on this metric.

PT Pelangi Indah Canindo Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp93,419 Mil. PT Pelangi Indah Canindo Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp113,992 Mil. Hence, PT Pelangi Indah Canindo Tbk's Days Payable for the three months ended in Mar. 2026 was 74.78.

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

ISX:PICO' s Days Payable Range Over the Past 10 Years
Min: 17.2   Med: 64.99   Max: 267.86
Current: 64.58

During the past 13 years, PT Pelangi Indah Canindo Tbk's highest Days Payable was 267.86. The lowest was 17.20. And the median was 64.99.

ISX:PICO's Days Payable is ranked better than
55.82% of 378 companies
in the Packaging & Containers industry
Industry Median: 57.21 vs ISX:PICO: 64.58

PT Pelangi Indah Canindo Tbk's Days Payable increased from Mar. 2025 (73.68) to Mar. 2026 (74.78). It may suggest that PT Pelangi Indah Canindo Tbk delayed paying its suppliers.


PT Pelangi Indah Canindo Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk Days Payable Chart

PT Pelangi Indah Canindo 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 179.08 109.93 51.93 61.16 68.81

PT Pelangi Indah Canindo 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 73.68 58.99 60.84 68.59 74.78

ISX:PICO vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, PT Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Pelangi Indah Canindo Tbk's Days Payable distribution charts can be found below:

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


ISX:PICO
67GF Score
PT Pelangi Indah Canindo Tbk ISX:PICO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pelangi Indah Canindo 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 Pelangi Indah Canindo 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
=( (100833.454 + 91459.061) / 2 ) / 509988.24*365
=96146.2575 / 509988.24*365
=68.81

PT Pelangi Indah Canindo 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
=( (91459.061 + 95379.537) / 2 ) / 113992.106*365 / 4
=93419.299 / 113992.106*365 / 4
=74.78

* 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 74.78 mean?
PT Pelangi Indah Canindo Tbk (ISX:PICO) has a Days Payable of 74.78 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 Pelangi Indah Canindo Tbk and its competitors. This is 15% above median its historical median of 64.99. Over the past decade, PT Pelangi Indah Canindo Tbk's Days Payable has ranged from 17.20 to 267.86. According to the industry distribution chart, PT Pelangi Indah Canindo Tbk ranks #167 out of 378 companies in the Packaging & Containers industry, placing it in the top 44.2%.
Is PT Pelangi Indah Canindo Tbk's Days Payable too high?
PT Pelangi Indah Canindo Tbk's current Days Payable of 74.78 is 15% above median its 10-year median of 64.99. Over the past 10 years, this metric has ranged from a low of 17.20 to a high of 267.86. The Packaging & Containers industry median Days Payable is 57.21. PT Pelangi Indah Canindo Tbk's value of 74.78 is 30.7% above this industry median. Based on the distribution chart, PT Pelangi Indah Canindo Tbk ranks #167 out of 378 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, PT Pelangi Indah Canindo Tbk has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pelangi Indah Canindo Tbk's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PT Pelangi Indah Canindo Tbk ranks #167 out of 378 companies for Days Payable. This puts PT Pelangi Indah Canindo Tbk in the upper half of its industry. The industry median Days Payable is 57.21. PT Pelangi Indah Canindo Tbk's value of 74.78 is 30.7% above this benchmark. Historically, PT Pelangi Indah Canindo Tbk's own Days Payable has ranged from 17.20 to 267.86 over the past decade. While the company's 10-year median is 64.99 vs. the industry median of 57.21, PT Pelangi Indah Canindo 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.21, based on 378 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 Pelangi Indah Canindo Tbk's current Days Payable of 74.78 is 30.7% 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 Pelangi Indah Canindo Tbk and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pelangi Indah Canindo Tbk's current Days Payable is 74.78, which is 15% above median its own 10-year median of 64.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pelangi Indah Canindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk (ISX:PICO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp167.09, compared to a current price of Rp120.00 — trading 28.2% below its estimated fair value. The current Days Payable is 74.78, which is 15% above median its 10-year median of 64.99 and 30.7% above the Packaging & Containers industry median of 57.21. PT Pelangi Indah Canindo Tbk's overall GF Score™ is 67/100 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 Pelangi Indah Canindo Tbk (ISX:PICO), the current Days Payable is 74.78 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 Pelangi Indah Canindo Tbk (ISX:PICO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk stock appears to be undervalued. The current stock price of Rp120.00 is trading 28.2% below its estimated GF Value™ of Rp167.09. GuruFocus considers PT Pelangi Indah Canindo Tbk to be Modestly Undervalued.

Key valuation signals for ISX:PICO:

  • Days Payable: 74.78 (15% above median its 10-year median of 64.99)
  • GF Value™: Rp167.09 vs. price of Rp120.00 (28.2% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 30.7% above the Packaging & Containers median (#167 of 378)

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


PT Pelangi Indah Canindo Tbk Business Description

Address Jalan Daan Mogot Km. 14 No. 700, Kecamatan Kalideres, Jakarta Barat, Jakarta, IDN, 11840
PT Pelangi Indah Canindo Tbk is an Indonesia-based company that engages in the production of metal packaging. The company is in the business of the metal packaging industry in Indonesia for a variety of drum products, liquefied petroleum gas (LPG) tubes, and canned packaging. Its production facilities are in Cimone, Cikupa and Balaraja (Tangerang) and Cilacap. The company's segment includes Steel drum, Steel and component, Plastic drum, Metal printing, Pall can, and Others. The company generates the majority of its revenue from the Steel drum segment.
67GF Score

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

Rp120.00
Price
Rp167.09
GF Value