PTrana Mitra Luas TBK (ISX:SMIL) Days Payable: 7.89 (As of Mar. 2026) — 86% Below Median


ISX:SMIL PT Sarana Mitra Luas TBK ISX:SMIL
87 GF Score
Price Rp288.00
GF Value Rp262.48
Valuation Fairly Valued
! 6 Warning Signs
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What is PTrana Mitra Luas TBK Days Payable?

PTrana Mitra Luas TBK ISX:SMIL +0.70% 87 Days Payable is 7.89 as of Mar. 2026, which is 86% below its 10-year median of 54.60. GuruFocus rates ISX:SMIL with a GF Score™ of 87/100 and a GF Value™ of Rp262.48 (Fairly Valued). The stock has 6 warning signs investors should review. Among 943 Business Services companies, PTrana Mitra Luas TBK ranks worse than 76.14% on this metric.

PTrana Mitra Luas TBK's average Accounts Payable for the three months ended in Mar. 2026 was Rp6,895 Mil. PTrana Mitra Luas TBK's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp79,723 Mil. Hence, PTrana Mitra Luas TBK's Days Payable for the three months ended in Mar. 2026 was 7.89.

The historical rank and industry rank for PTrana Mitra Luas TBK's Days Payable or its related term are showing as below:

ISX:SMIL' s Days Payable Range Over the Past 10 Years
Min: 19.62   Med: 54.6   Max: 92.23
Current: 19.62

During the past 7 years, PTrana Mitra Luas TBK's highest Days Payable was 92.23. The lowest was 19.62. And the median was 54.60.

ISX:SMIL's Days Payable is ranked worse than
76.14% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs ISX:SMIL: 19.62

PTrana Mitra Luas TBK's Days Payable declined from Mar. 2025 (66.44) to Mar. 2026 (7.89). It may suggest that PTrana Mitra Luas TBK accelerated paying its suppliers.


PTrana Mitra Luas TBK Days Payable Historical Data

* Premium members only.

The historical data trend for PTrana Mitra Luas 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.

PTrana Mitra Luas TBK Days Payable Chart

PTrana Mitra Luas TBK Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 36.84 49.57 54.60 92.23 54.70

PTrana Mitra Luas TBK Quarterly Data
Dec19 Dec20 Dec21 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 66.44 31.43 30.42 17.71 7.89

ISX:SMIL vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.


PTrana Mitra Luas TBK Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's Days Payable distribution charts can be found below:

* The bar in red indicates where PTrana Mitra Luas TBK's Days Payable falls into.


ISX:SMIL
87GF Score
PT Sarana Mitra Luas TBK ISX:SMIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PTrana Mitra Luas 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.

PTrana Mitra Luas 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
=( (68222.218 + 7361.073) / 2 ) / 252185.928*365
=37791.6455 / 252185.928*365
=54.70

PTrana Mitra Luas 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
=( (7361.073 + 6429.49) / 2 ) / 79723.006*365 / 4
=6895.2815 / 79723.006*365 / 4
=7.89

* 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 7.89 mean?
PTrana Mitra Luas TBK (ISX:SMIL) has a Days Payable of 7.89 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 PTrana Mitra Luas TBK and its competitors. This is 86% below median its historical median of 54.60. Over the past decade, PTrana Mitra Luas TBK's Days Payable has ranged from 19.62 to 92.23. According to the industry distribution chart, PTrana Mitra Luas TBK ranks #718 out of 943 companies in the Business Services industry, placing it in the top 76.1%.
Is PTrana Mitra Luas TBK's Days Payable too high?
PTrana Mitra Luas TBK's current Days Payable of 7.89 is 86% below median its 10-year median of 54.60. Over the past 10 years, this metric has ranged from a low of 19.62 to a high of 92.23. The Business Services industry median Days Payable is 46.92. PTrana Mitra Luas TBK's value of 7.89 is 83.2% below this industry median. Based on the distribution chart, PTrana Mitra Luas TBK ranks #718 out of 943 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, PTrana Mitra Luas TBK has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTrana Mitra Luas TBK's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, PTrana Mitra Luas TBK ranks #718 out of 943 companies for Days Payable. This places PTrana Mitra Luas TBK in the lower half of its industry. The industry median Days Payable is 46.92. PTrana Mitra Luas TBK's value of 7.89 is 83.2% below this benchmark. Historically, PTrana Mitra Luas TBK's own Days Payable has ranged from 19.62 to 92.23 over the past decade. While the company's 10-year median is 54.60 vs. the industry median of 46.92, PTrana Mitra Luas 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. PTrana Mitra Luas TBK's current Days Payable of 7.89 is 83.2% 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 PTrana Mitra Luas TBK and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTrana Mitra Luas TBK's current Days Payable is 7.89, which is 86% below median its own 10-year median of 54.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Mitra Luas TBK stock overvalued right now?
Based on GuruFocus' analysis, PTrana Mitra Luas TBK (ISX:SMIL) is currently considered Fairly Valued. The stock's GF Value™ is Rp262.48, compared to a current price of Rp288.00 — trading 9.7% above its estimated fair value. The current Days Payable is 7.89, which is 86% below median its 10-year median of 54.60 and 83.2% below the Business Services industry median of 46.92. PTrana Mitra Luas TBK's overall GF Score™ is 87/100 with 6 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 PTrana Mitra Luas TBK (ISX:SMIL), the current Days Payable is 7.89 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 PTrana Mitra Luas TBK (ISX:SMIL) Overvalued in 2026?

Based on GuruFocus' analysis, PTrana Mitra Luas TBK stock appears to be overvalued. The current stock price of Rp288.00 is trading 9.7% above its estimated GF Value™ of Rp262.48. GuruFocus considers PTrana Mitra Luas TBK to be Fairly Valued.

Key valuation signals for ISX:SMIL:

  • Days Payable: 7.89 (86% below median its 10-year median of 54.60)
  • GF Value™: Rp262.48 vs. price of Rp288.00 (9.7% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 83.2% below the Business Services median (#718 of 943)

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


PTrana Mitra Luas TBK Business Description

Address Jalan Kenari Utama II, Block C, No.03 & 05A, Cibatu, Kecamatan Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530
PT Sarana Mitra Luas TBK is a forklift rental company with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has two business segments, namely forklift sales and rent services generating the majority revenue.
87GF Score

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

Rp288.00
Price
Rp262.48
GF Value