PT Golden Flower Tbk (ISX:POLU) Days Payable: 95.63 (As of Mar. 2026) — 333% Above Median


ISX:POLU PT Golden Flower Tbk ISX:POLU
47 GF Score
Price Rp12,400.00
GF Value Rp1,640.66
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Golden Flower Tbk Days Payable?

PT Golden Flower Tbk ISX:POLU -1.59% 47 Days Payable is 95.63 as of Mar. 2026, which is 333% above its 10-year median of 22.07. GuruFocus rates ISX:POLU with a GF Score™ of 47/100 and a GF Value™ of Rp1,640.66 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, PT Golden Flower Tbk ranks better than 63.38% on this metric.

PT Golden Flower Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp43,531 Mil. PT Golden Flower Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp41,539 Mil. Hence, PT Golden Flower Tbk's Days Payable for the three months ended in Mar. 2026 was 95.63.

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

ISX:POLU' s Days Payable Range Over the Past 10 Years
Min: 11.74   Med: 22.07   Max: 71.36
Current: 71.36

During the past 10 years, PT Golden Flower Tbk's highest Days Payable was 71.36. The lowest was 11.74. And the median was 22.07.

ISX:POLU's Days Payable is ranked better than
63.38% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99 vs ISX:POLU: 71.36

PT Golden Flower Tbk's Days Payable increased from Mar. 2025 (19.09) to Mar. 2026 (95.63). It may suggest that PT Golden Flower Tbk delayed paying its suppliers.


PT Golden Flower Tbk Days Payable Historical Data

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The historical data trend for PT Golden Flower 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 Golden Flower Tbk Days Payable Chart

PT Golden Flower 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 22.30 20.89 28.15 21.83 69.02

PT Golden Flower 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 19.09 44.20 63.17 81.75 95.63

ISX:POLU vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, PT Golden Flower 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 Golden Flower Tbk Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Golden Flower Tbk's Days Payable distribution charts can be found below:

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


ISX:POLU
47GF Score
PT Golden Flower Tbk ISX:POLU
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Golden Flower 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 Golden Flower 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
=( (6731.809 + 44750.407) / 2 ) / 136129.992*365
=25741.108 / 136129.992*365
=69.02

PT Golden Flower 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
=( (44750.407 + 42310.796) / 2 ) / 41538.914*365 / 4
=43530.6015 / 41538.914*365 / 4
=95.63

* 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 95.63 mean?
PT Golden Flower Tbk (ISX:POLU) has a Days Payable of 95.63 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 Golden Flower Tbk and its competitors. This is 333% above median its historical median of 22.07. Over the past decade, PT Golden Flower Tbk's Days Payable has ranged from 11.74 to 71.36. According to the industry distribution chart, PT Golden Flower Tbk ranks #371 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.6%.
Is PT Golden Flower Tbk's Days Payable too high?
PT Golden Flower Tbk's current Days Payable of 95.63 is 333% above median its 10-year median of 22.07. Over the past 10 years, this metric has ranged from a low of 11.74 to a high of 71.36. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. PT Golden Flower Tbk's value of 95.63 is 77.1% above this industry median. Based on the distribution chart, PT Golden Flower Tbk ranks #371 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Golden Flower Tbk has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Golden Flower Tbk's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Golden Flower Tbk ranks #371 out of 1013 companies for Days Payable. This puts PT Golden Flower Tbk in the upper half of its industry. The industry median Days Payable is 53.99. PT Golden Flower Tbk's value of 95.63 is 77.1% above this benchmark. Historically, PT Golden Flower Tbk's own Days Payable has ranged from 11.74 to 71.36 over the past decade. While the company's 10-year median is 22.07 vs. the industry median of 53.99, PT Golden Flower 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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 Golden Flower Tbk's current Days Payable of 95.63 is 77.1% 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 Golden Flower Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Golden Flower Tbk's current Days Payable is 95.63, which is 333% above median its own 10-year median of 22.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Flower Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Golden Flower Tbk (ISX:POLU) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,640.66, compared to a current price of Rp12,400.00 — trading 655.8% above its estimated fair value. The current Days Payable is 95.63, which is 333% above median its 10-year median of 22.07 and 77.1% above the Manufacturing - Apparel & Accessories industry median of 53.99. PT Golden Flower Tbk's overall GF Score™ is 47/100 with 1 warning sign 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 Golden Flower Tbk (ISX:POLU), the current Days Payable is 95.63 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 Golden Flower Tbk (ISX:POLU) Overvalued in 2026?

Based on GuruFocus' analysis, PT Golden Flower Tbk stock appears to be overvalued. The current stock price of Rp12,400.00 is trading 655.8% above its estimated GF Value™ of Rp1,640.66. GuruFocus considers PT Golden Flower Tbk to be Significantly Overvalued.

Key valuation signals for ISX:POLU:

  • Days Payable: 95.63 (333% above median its 10-year median of 22.07)
  • GF Value™: Rp1,640.66 vs. price of Rp12,400.00 (655.8% above fair value)
  • GF Score™: 47/100 with 1 warning sign
  • Industry Position: 77.1% above the Manufacturing - Apparel & Accessories median (#371 of 1013)

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


PT Golden Flower Tbk Business Description

Address Jalan Karimunjawa, Gedanganak Ungaran, Jawa Tengah, Semarang, IDN, 50519
PT Golden Flower Tbk is a garment manufacturer and exporter in Indonesia. The company's operating segment includes Ladies' blouses, Man shirts, and Uniform, accessories, and others. It generates maximum revenue from the Ladies' blouse segment. Some of its products include Non-Iron Shirt; Casual shirts; Skirt; Dresses; Night Wear and others.
47GF Score

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

Rp12,400.00
Price
Rp1,640.66
GF Value