PT Suparma TbkISX:SPMA +0.98%78 Days Payable is 32.27 as of Mar. 2026, which is 81% above its 10-year median of 17.79. GuruFocus rates ISX:SPMA with a GF Score™ of 78/100 and a GF Value™ of Rp239.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 276 Forest Products companies, PT Suparma Tbk ranks worse than 83.33% on this metric.
The historical rank and industry rank for PT Suparma Tbk's Days Payable or its related term are showing as below:
ISX:SPMA'
s Days Payable Range Over the Past 10 Years
Min: 12.41 Med: 17.79 Max: 25.95
Current: 25.95
During the past 9 years, PT Suparma Tbk's highest Days Payable was 25.95. The lowest was 12.41. And the median was 17.79.
ISX:SPMA's Days Payable is ranked worse than 83.33% of 276
companies
in the Forest Products industry
Industry Median: 57.93
vs ISX:SPMA: 25.95
PT Suparma Tbk's Days Payable
increased
from Mar. 2025 (25.18) to Mar. 2026 (32.27).
It may suggest that PT Suparma Tbkdelayed paying its suppliers.
PT Suparma Tbk Days Payable Related Terms
PT Suparma Tbk Days Payable Historical Data
* Premium members only.
The historical data trend for PT Suparma 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.
For the Paper & Paper Products subindustry, PT Suparma 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 Suparma Tbk Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Suparma Tbk's Days Payable distribution charts can be found below:
* The bar in red indicates where PT Suparma Tbk's Days Payable falls into.
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 Suparma Tbk's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Suparma Tbk (ISX:SPMA) has a Days Payable of 32.27 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 Suparma Tbk and its competitors. This is 81% above median its historical median of 17.79. Over the past decade, PT Suparma Tbk's Days Payable has ranged from 12.41 to 25.95. According to the industry distribution chart, PT Suparma Tbk ranks #230 out of 276 companies in the Forest Products industry, placing it in the top 83.3%.
Is PT Suparma Tbk's Days Payable too high?
PT Suparma Tbk's current Days Payable of 32.27 is 81% above median its 10-year median of 17.79. Over the past 10 years, this metric has ranged from a low of 12.41 to a high of 25.95. The Forest Products industry median Days Payable is 57.93. PT Suparma Tbk's value of 32.27 is 44.3% below this industry median. Based on the distribution chart, PT Suparma Tbk ranks #230 out of 276 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, PT Suparma Tbk has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Suparma Tbk's Days Payable compare to SLVM?
According to the Forest Products industry distribution chart, PT Suparma Tbk ranks #230 out of 276 companies for Days Payable. This places PT Suparma Tbk in the lower half of its industry. The industry median Days Payable is 57.93. PT Suparma Tbk's value of 32.27 is 44.3% below this benchmark. Historically, PT Suparma Tbk's own Days Payable has ranged from 12.41 to 25.95 over the past decade. While the company's 10-year median is 17.79 vs. the industry median of 57.93, PT Suparma 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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 Suparma Tbk's current Days Payable of 32.27 is 44.3% 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 Suparma Tbk and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Suparma Tbk's current Days Payable is 32.27, which is 81% above median its own 10-year median of 17.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp239.19, compared to a current price of Rp206.00 — trading 13.9% below its estimated fair value. The current Days Payable is 32.27, which is 81% above median its 10-year median of 17.79 and 44.3% below the Forest Products industry median of 57.93. PT Suparma Tbk's overall GF Score™ is 78/100 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 PT Suparma Tbk (ISX:SPMA), the current Days Payable is 32.27 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued.
The current stock price of Rp206.00 is trading 13.9% below its estimated GF Value™ of Rp239.19.
GuruFocus considers PT Suparma Tbk to be Modestly Undervalued.
Key valuation signals for ISX:SPMA:
Days Payable: 32.27 (81% above median its 10-year median of 17.79)
GF Value™: Rp239.19 vs. price of Rp206.00 (13.9% below fair value)
Industry Position: 44.3% below the Forest Products median (#230 of 276)
No single metric tells the full story. See the ISX:SPMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
78GF Score
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