PT Rig Tenders Indonesia Tbk (ISX:RIGS) Days Payable: 6.70 (As of Mar. 2026) — 90% Below Median


ISX:RIGS PT Rig Tenders Indonesia Tbk ISX:RIGS
59 GF Score
Price Rp680.00
GF Value Rp620.42
Valuation Fairly Valued
! 2 Warning Signs
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What is PT Rig Tenders Indonesia Tbk Days Payable?

PT Rig Tenders Indonesia Tbk ISX:RIGS +0.74% 59 Days Payable is 6.70 as of Mar. 2026, which is 90% below its 10-year median of 64.87. GuruFocus rates ISX:RIGS with a GF Score™ of 59/100 and a GF Value™ of Rp620.42 (Fairly Valued). The stock has 2 warning signs investors should review. Among 968 Transportation companies, PT Rig Tenders Indonesia Tbk ranks worse than 96.07% on this metric.

PT Rig Tenders Indonesia Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp3,951 Mil. PT Rig Tenders Indonesia Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp53,830 Mil. Hence, PT Rig Tenders Indonesia Tbk's Days Payable for the three months ended in Mar. 2026 was 6.70.

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

ISX:RIGS' s Days Payable Range Over the Past 10 Years
Min: 6.33   Med: 64.87   Max: 96.18
Current: 6.78

During the past 12 years, PT Rig Tenders Indonesia Tbk's highest Days Payable was 96.18. The lowest was 6.33. And the median was 64.87.

ISX:RIGS's Days Payable is ranked worse than
96.07% of 968 companies
in the Transportation industry
Industry Median: 39.085 vs ISX:RIGS: 6.78

PT Rig Tenders Indonesia Tbk's Days Payable increased from Mar. 2025 (6.46) to Mar. 2026 (6.70). It may suggest that PT Rig Tenders Indonesia Tbk delayed paying its suppliers.


PT Rig Tenders Indonesia Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk Days Payable Chart

PT Rig Tenders Indonesia Tbk Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.32 29.63 20.96 11.25 6.33

PT Rig Tenders Indonesia 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 6.46 5.43 6.82 9.56 6.70

PT Rig Tenders Indonesia Tbk Days Payable Competitor Comparison

For the Marine Shipping subindustry, PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, PT Rig Tenders Indonesia Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Rig Tenders Indonesia Tbk's Days Payable falls into.


ISX:RIGS
59GF Score
PT Rig Tenders Indonesia Tbk ISX:RIGS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (5682.538 + 2989.926) / 2 ) / 250016.449*365
=4336.232 / 250016.449*365
=6.33

PT Rig Tenders Indonesia 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
=( (5413.479 + 2489.159) / 2 ) / 53830.098*365 / 4
=3951.319 / 53830.098*365 / 4
=6.70

* 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 6.70 mean?
PT Rig Tenders Indonesia Tbk (ISX:RIGS) has a Days Payable of 6.70 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 Rig Tenders Indonesia Tbk and its competitors. This is 90% below median its historical median of 64.87. Over the past decade, PT Rig Tenders Indonesia Tbk's Days Payable has ranged from 6.33 to 96.18. According to the industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #930 out of 968 companies in the Transportation industry, placing it in the top 96.1%.
Is PT Rig Tenders Indonesia Tbk's Days Payable too high?
PT Rig Tenders Indonesia Tbk's current Days Payable of 6.70 is 90% below median its 10-year median of 64.87. Over the past 10 years, this metric has ranged from a low of 6.33 to a high of 96.18. The Transportation industry median Days Payable is 39.09. PT Rig Tenders Indonesia Tbk's value of 6.70 is 82.9% below this industry median. Based on the distribution chart, PT Rig Tenders Indonesia Tbk ranks #930 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PT Rig Tenders Indonesia Tbk has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Rig Tenders Indonesia Tbk's Days Payable compare to competitors?
According to the Transportation industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #930 out of 968 companies for Days Payable. This places PT Rig Tenders Indonesia Tbk in the lower half of its industry. The industry median Days Payable is 39.09. PT Rig Tenders Indonesia Tbk's value of 6.70 is 82.9% below this benchmark. Historically, PT Rig Tenders Indonesia Tbk's own Days Payable has ranged from 6.33 to 96.18 over the past decade. While the company's 10-year median is 64.87 vs. the industry median of 39.09, PT Rig Tenders Indonesia Tbk has consistently been below 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 Transportation company?
The median Days Payable among Transportation companies is 39.09, based on 968 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 Rig Tenders Indonesia Tbk's current Days Payable of 6.70 is 82.9% below 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 Rig Tenders Indonesia Tbk and its competitors. For the Transportation industry, the median Days Payable is 39.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rig Tenders Indonesia Tbk's current Days Payable is 6.70, which is 90% below median its own 10-year median of 64.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rig Tenders Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk (ISX:RIGS) is currently considered Fairly Valued. The stock's GF Value™ is Rp620.42, compared to a current price of Rp680.00 — trading 9.6% above its estimated fair value. The current Days Payable is 6.70, which is 90% below median its 10-year median of 64.87 and 82.9% below the Transportation industry median of 39.09. PT Rig Tenders Indonesia Tbk's overall GF Score™ is 59/100 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 Rig Tenders Indonesia Tbk (ISX:RIGS), the current Days Payable is 6.70 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 Rig Tenders Indonesia Tbk (ISX:RIGS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk stock appears to be overvalued. The current stock price of Rp680.00 is trading 9.6% above its estimated GF Value™ of Rp620.42. GuruFocus considers PT Rig Tenders Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:RIGS:

  • Days Payable: 6.70 (90% below median its 10-year median of 64.87)
  • GF Value™: Rp620.42 vs. price of Rp680.00 (9.6% above fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 82.9% below the Transportation median (#930 of 968)

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


PT Rig Tenders Indonesia Tbk Business Description

Address Jl. HR Rasuna Said, Generali Tower, Gran Runina Business park, 18th floor, Unit D Kawasan Rasuna Epicentrum, Selatan, Jakarta, IDN, 12940
PT Rig Tenders Indonesia Tbk is a domestic and foreign shipping (especially offshore) and placement installation services and drilling rig offshore company. The company provides services as Offshore Support, Coal Transport, Other Services and Vessel. The Company classifies its business activities into two main segments, namely coal and marine support services. The coal segment provides tugboat and barge rental services for mining companies to transport coal and other aggregate materials. Meanwhile, the marine services segment offers supply vessel and accommodation on barge rentals to support upstream sector operations.
59GF Score

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

Rp680.00
Price
Rp620.42
GF Value