PT Pikko Land Development Tbk (ISX:RODA) Days Payable: 59.70 (As of Mar. 2026) — 212% Above Median


ISX:RODA PT Pikko Land Development Tbk ISX:RODA
59 GF Score
Price Rp59.00
GF Value Rp57.72
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Pikko Land Development Tbk Days Payable?

PT Pikko Land Development Tbk ISX:RODA +1.72% 59 Days Payable is 59.70 as of Mar. 2026, which is 212% above its 10-year median of 19.14. GuruFocus rates ISX:RODA with a GF Score™ of 59/100 and a GF Value™ of Rp57.72 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,572 Real Estate companies, PT Pikko Land Development Tbk ranks worse than 95.87% on this metric.

PT Pikko Land Development Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp1,932 Mil. PT Pikko Land Development Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp2,953 Mil. Hence, PT Pikko Land Development Tbk's Days Payable for the three months ended in Mar. 2026 was 59.70.

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

ISX:RODA' s Days Payable Range Over the Past 10 Years
Min: 6.27   Med: 19.14   Max: 83.26
Current: 6.27

During the past 13 years, PT Pikko Land Development Tbk's highest Days Payable was 83.26. The lowest was 6.27. And the median was 19.14.

ISX:RODA's Days Payable is ranked worse than
95.87% of 1572 companies
in the Real Estate industry
Industry Median: 93.66 vs ISX:RODA: 6.27

PT Pikko Land Development Tbk's Days Payable increased from Mar. 2025 (42.26) to Mar. 2026 (59.70). It may suggest that PT Pikko Land Development Tbk delayed paying its suppliers.


PT Pikko Land Development Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Pikko Land Development 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 Pikko Land Development Tbk Days Payable Chart

PT Pikko Land Development 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 6.95 10.66 11.96 15.72 7.59

PT Pikko Land Development 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 42.26 29.77 1.92 0.00 59.70

PT Pikko Land Development Tbk Days Payable Competitor Comparison

For the Real Estate - Development subindustry, PT Pikko Land Development 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 Pikko Land Development Tbk Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Pikko Land Development Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Pikko Land Development Tbk's Days Payable falls into.


ISX:RODA
59GF Score
PT Pikko Land Development Tbk ISX:RODA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pikko Land Development 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 Pikko Land Development 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
=( (3057.373 + 2163.294) / 2 ) / 125522.972*365
=2610.3335 / 125522.972*365
=7.59

PT Pikko Land Development 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
=( (2163.294 + 1701.589) / 2 ) / 2953.46*365 / 4
=1932.4415 / 2953.46*365 / 4
=59.70

* 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 59.70 mean?
PT Pikko Land Development Tbk (ISX:RODA) has a Days Payable of 59.70 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 Pikko Land Development Tbk and its competitors. This is 212% above median its historical median of 19.14. Over the past decade, PT Pikko Land Development Tbk's Days Payable has ranged from 6.27 to 83.26. According to the industry distribution chart, PT Pikko Land Development Tbk ranks #1507 out of 1572 companies in the Real Estate industry, placing it in the top 95.9%.
Is PT Pikko Land Development Tbk's Days Payable too high?
PT Pikko Land Development Tbk's current Days Payable of 59.70 is 212% above median its 10-year median of 19.14. Over the past 10 years, this metric has ranged from a low of 6.27 to a high of 83.26. The Real Estate industry median Days Payable is 93.66. PT Pikko Land Development Tbk's value of 59.70 is 36.3% below this industry median. Based on the distribution chart, PT Pikko Land Development Tbk ranks #1507 out of 1572 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Pikko Land Development 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 Pikko Land Development Tbk's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, PT Pikko Land Development Tbk ranks #1507 out of 1572 companies for Days Payable. This places PT Pikko Land Development Tbk in the lower half of its industry. The industry median Days Payable is 93.66. PT Pikko Land Development Tbk's value of 59.70 is 36.3% below this benchmark. Historically, PT Pikko Land Development Tbk's own Days Payable has ranged from 6.27 to 83.26 over the past decade. While the company's 10-year median is 19.14 vs. the industry median of 93.66, PT Pikko Land Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.66, based on 1,572 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 Pikko Land Development Tbk's current Days Payable of 59.70 is 36.3% 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 Pikko Land Development Tbk and its competitors. For the Real Estate industry, the median Days Payable is 93.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pikko Land Development Tbk's current Days Payable is 59.70, which is 212% above median its own 10-year median of 19.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pikko Land Development Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pikko Land Development Tbk (ISX:RODA) is currently considered Fairly Valued. The stock's GF Value™ is Rp57.72, compared to a current price of Rp59.00 — trading 2.2% above its estimated fair value. The current Days Payable is 59.70, which is 212% above median its 10-year median of 19.14 and 36.3% below the Real Estate industry median of 93.66. PT Pikko Land Development Tbk's overall GF Score™ is 59/100 with 4 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 Pikko Land Development Tbk (ISX:RODA), the current Days Payable is 59.70 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 Pikko Land Development Tbk (ISX:RODA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pikko Land Development Tbk stock appears to be overvalued. The current stock price of Rp59.00 is trading 2.2% above its estimated GF Value™ of Rp57.72. GuruFocus considers PT Pikko Land Development Tbk to be Fairly Valued.

Key valuation signals for ISX:RODA:

  • Days Payable: 59.70 (212% above median its 10-year median of 19.14)
  • GF Value™: Rp57.72 vs. price of Rp59.00 (2.2% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 36.3% below the Real Estate median (#1507 of 1572)

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


PT Pikko Land Development Tbk Business Description

Address Jalan Jenderal Sudirman Street No. 86, Sahid Sudirman Residence, 3rd Floor, Tanah Abang, Central Jakarta, Jakarta, IDN, 10220
PT Pikko Land Development Tbk is a property development company. It is engaged in the development and sale of real estate and investment in shares of stocks and some property assets, such as land and apartment units. The company develops Residential; Mix used Commercial properties.
59GF Score

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

Rp59.00
Price
Rp57.72
GF Value