PT Polaris Investama Tbk (ISX:PLAS) Days Payable: 0.00 (As of Jun. 2020)


ISX:PLAS PT Polaris Investama Tbk ISX:PLAS
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Price Rp50.00
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What is PT Polaris Investama Tbk Days Payable?

PT Polaris Investama Tbk ISX:PLAS 4 Days Payable is 0.00 as of Jun. 2020. GuruFocus rates ISX:PLAS with a GF Score™ of 4/100.

PT Polaris Investama Tbk's average Accounts Payable for the three months ended in Jun. 2020 was Rp0 Mil. PT Polaris Investama Tbk's Cost of Goods Sold for the three months ended in Jun. 2020 was Rp534 Mil. Hence, PT Polaris Investama Tbk's Days Payable for the three months ended in Jun. 2020 was 0.00.

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

ISX:PLAS's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 91.345
* Ranked among companies with meaningful Days Payable only.

PT Polaris Investama Tbk's Days Payable declined from Jun. 2019 (37.66) to Jun. 2020 (0.00). It may suggest that PT Polaris Investama Tbk accelerated paying its suppliers.

PT Polaris Investama Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Polaris Investama 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 Polaris Investama Tbk Days Payable Chart

PT Polaris Investama Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial 565.58 411.13 720.88 293.81 41.65

PT Polaris Investama Tbk Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 37.66 35.33 51.46 0.00 0.00

PT Polaris Investama Tbk Days Payable Competitor Comparison

For the Capital Markets subindustry, PT Polaris Investama 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 Polaris Investama Tbk Days Payable vs Capital Markets Industry

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

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


ISX:PLAS
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PT Polaris Investama Tbk ISX:PLAS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Polaris Investama 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 Polaris Investama Tbk's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (332.812 + 0) / 1 ) / 2916.459*365
=332.812 / 2916.459*365
=41.65

PT Polaris Investama Tbk's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2020 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (0 + 0) / 1 ) / 534.341*365 / 4
=0 / 534.341*365 / 4
=0.00

* 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 0.00 mean?
PT Polaris Investama Tbk (ISX:PLAS) has a Days Payable of 0.00 as of Jun. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Polaris Investama Tbk and its competitors.
Is PT Polaris Investama Tbk's Days Payable too high?
PT Polaris Investama Tbk's current Days Payable is 0.00. Overall, PT Polaris Investama Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Polaris Investama Tbk's Days Payable compare to competitors?
PT Polaris Investama Tbk's Days Payable of 0.00 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 91.35. 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 91.35, based on 538 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. 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 Polaris Investama Tbk and its competitors. For the Capital Markets industry, the median Days Payable is 91.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Polaris Investama Tbk's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Polaris Investama Tbk stock overvalued right now?
PT Polaris Investama Tbk (ISX:PLAS) has a current Days Payable of 0.00. The current Days Payable is 0.00. PT Polaris Investama Tbk's overall GF Score™ is 4/100. 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 Polaris Investama Tbk (ISX:PLAS), the current Days Payable is 0.00 as of Jun. 2020. 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 Polaris Investama Tbk Business Description

Address Mayapada Tower Lt. 11, Jl. Jend. Sudirman Kav. 28, Jakarta, IDN, 12920
PT Polaris Investama Tbk operates in capital markets industry in Indonesia. The company is an investment company operates as a dealer broker and underwriter.
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