PT Maja Agung Latexindo Tbk (ISX:SURI) Days Payable: 57.62 (As of Jun. 2026) — 36% Below Median

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ISX:SURI PT Maja Agung Latexindo Tbk ISX:SURI
28 GF Score
Price Rp72.00
GF Value Rp107.09
Valuation Possible Value Trap
! 2 Warning Signs
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What is PT Maja Agung Latexindo Tbk Days Payable?

PT Maja Agung Latexindo Tbk ISX:SURI 28 Days Payable is 57.62 as of Jun. 2026, which is 36% below its 10-year median of 89.67. GuruFocus rates ISX:SURI with a GF Score™ of 28/100 and a GF Value™ of Rp107.09 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 795 Medical Devices & Instruments companies, PT Maja Agung Latexindo Tbk ranks better than 55.47% on this metric.

PT Maja Agung Latexindo Tbk's average Accounts Payable for the three months ended in Jun. 2026 was Rp23,079 Mil. PT Maja Agung Latexindo Tbk's Cost of Goods Sold for the three months ended in Jun. 2026 was Rp36,552 Mil. Hence, PT Maja Agung Latexindo Tbk's Days Payable for the three months ended in Jun. 2026 was 57.62.

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

ISX:SURI' s Days Payable Range Over the Past 10 Years
Min: 50.71   Med: 89.67   Max: 181.78
Current: 77.48

During the past 6 years, PT Maja Agung Latexindo Tbk's highest Days Payable was 181.78. The lowest was 50.71. And the median was 89.67.

ISX:SURI's Days Payable is ranked better than
55.47% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 68.21 vs ISX:SURI: 77.48

PT Maja Agung Latexindo Tbk's Days Payable declined from Jun. 2025 (92.45) to Jun. 2026 (57.62). It may suggest that PT Maja Agung Latexindo Tbk accelerated paying its suppliers.


PT Maja Agung Latexindo Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Days Payable Chart

PT Maja Agung Latexindo Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 50.71 181.78 168.05 102.44 76.90

PT Maja Agung Latexindo Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 92.45 61.81 80.90 82.60 57.62

ISX:SURI vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Days Payable falls into.


ISX:SURI
28GF Score
PT Maja Agung Latexindo Tbk ISX:SURI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Maja Agung Latexindo 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 Maja Agung Latexindo 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
=( (33877.919 + 26035.489) / 2 ) / 142186.306*365
=29956.704 / 142186.306*365
=76.90

PT Maja Agung Latexindo Tbk's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (24514.254 + 21643.457) / 2 ) / 36551.514*365 / 4
=23078.8555 / 36551.514*365 / 4
=57.62

* 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 57.62 mean?
PT Maja Agung Latexindo Tbk (ISX:SURI) has a Days Payable of 57.62 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PT Maja Agung Latexindo Tbk and its competitors. This is 36% below median its historical median of 89.67. Over the past decade, PT Maja Agung Latexindo Tbk's Days Payable has ranged from 50.71 to 181.78. According to the industry distribution chart, PT Maja Agung Latexindo Tbk ranks #354 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 44.5%.
Is PT Maja Agung Latexindo Tbk's Days Payable too high?
PT Maja Agung Latexindo Tbk's current Days Payable of 57.62 is 36% below median its 10-year median of 89.67. Over the past 10 years, this metric has ranged from a low of 50.71 to a high of 181.78. The Medical Devices & Instruments industry median Days Payable is 68.21. PT Maja Agung Latexindo Tbk's value of 57.62 is 15.5% below this industry median. Based on the distribution chart, PT Maja Agung Latexindo Tbk ranks #354 out of 795 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, PT Maja Agung Latexindo Tbk has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Maja Agung Latexindo Tbk's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, PT Maja Agung Latexindo Tbk ranks #354 out of 795 companies for Days Payable. This puts PT Maja Agung Latexindo Tbk in the upper half of its industry. The industry median Days Payable is 68.21. PT Maja Agung Latexindo Tbk's value of 57.62 is 15.5% below this benchmark. Historically, PT Maja Agung Latexindo Tbk's own Days Payable has ranged from 50.71 to 181.78 over the past decade. While the company's 10-year median is 89.67 vs. the industry median of 68.21, PT Maja Agung Latexindo 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.21, based on 795 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 Maja Agung Latexindo Tbk's current Days Payable of 57.62 is 15.5% 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 Maja Agung Latexindo Tbk and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Maja Agung Latexindo Tbk's current Days Payable is 57.62, which is 36% below median its own 10-year median of 89.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maja Agung Latexindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Maja Agung Latexindo Tbk (ISX:SURI) is currently considered Possible Value Trap. The stock's GF Value™ is Rp107.09, compared to a current price of Rp72.00 — trading 32.8% below its estimated fair value. The current Days Payable is 57.62, which is 36% below median its 10-year median of 89.67 and 15.5% below the Medical Devices & Instruments industry median of 68.21. PT Maja Agung Latexindo Tbk's overall GF Score™ is 28/100 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 Maja Agung Latexindo Tbk (ISX:SURI), the current Days Payable is 57.62 as of Jun. 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 Maja Agung Latexindo Tbk (ISX:SURI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Maja Agung Latexindo Tbk stock appears to be undervalued. The current stock price of Rp72.00 is trading 32.8% below its estimated GF Value™ of Rp107.09. GuruFocus considers PT Maja Agung Latexindo Tbk to be Possible Value Trap.

Key valuation signals for ISX:SURI:

  • Days Payable: 57.62 (36% below median its 10-year median of 89.67)
  • GF Value™: Rp107.09 vs. price of Rp72.00 (32.8% below fair value)
  • GF Score™: 28/100 with 2 warning signs
  • Industry Position: 15.5% below the Medical Devices & Instruments median (#354 of 795)

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


PT Maja Agung Latexindo Tbk Business Description

Address Jalan. Utama No. 98, Desa Pujimulyo Kecamatan Sunggal Kabupaten, Deli Serdang, Sumatera Utara, IDN, 20352
PT Maja Agung Latexindo Tbk specializes in the production of latex gloves, made from natural rubber, and is a primary choice in the medical and industrial sectors. The company's business includes business of making rubber goods for health support needs, such as contraceptive gloves (birth control)/ condoms, pacifiers and compresses, medical rubber gloves, and urinary catheters (folley catheter). Its segments include Gloves and Concentrated latex.
28GF Score

Get the complete analysis for ISX:SURI

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

Rp72.00
Price
Rp107.09
GF Value