PT Tigaraksatria Tbk (ISX:TGKA) Days Payable: 60.07 (As of Mar. 2026) — 45% Above Median


ISX:TGKA PT Tigaraksa Satria Tbk ISX:TGKA
69 GF Score
Price Rp4,820.00
GF Value Rp6,213.89
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Tigaraksatria Tbk Days Payable?

PT Tigaraksatria Tbk ISX:TGKA +2.55% 69 Days Payable is 60.07 as of Mar. 2026, which is 45% above its 10-year median of 41.32. GuruFocus rates ISX:TGKA with a GF Score™ of 69/100 and a GF Value™ of Rp6,213.89 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 302 Retail - Defensive companies, PT Tigaraksatria Tbk ranks better than 66.23% on this metric.

PT Tigaraksatria Tbk's average Accounts Payable for the three months ended in Mar. 2026 was Rp2,127,401 Mil. PT Tigaraksatria Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was Rp3,231,642 Mil. Hence, PT Tigaraksatria Tbk's Days Payable for the three months ended in Mar. 2026 was 60.07.

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

ISX:TGKA' s Days Payable Range Over the Past 10 Years
Min: 29.58   Med: 41.32   Max: 60.73
Current: 54.43

During the past 13 years, PT Tigaraksatria Tbk's highest Days Payable was 60.73. The lowest was 29.58. And the median was 41.32.

ISX:TGKA's Days Payable is ranked better than
66.23% of 302 companies
in the Retail - Defensive industry
Industry Median: 43.31 vs ISX:TGKA: 54.43

PT Tigaraksatria Tbk's Days Payable increased from Mar. 2025 (50.89) to Mar. 2026 (60.07). It may suggest that PT Tigaraksatria Tbk delayed paying its suppliers.


PT Tigaraksatria Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Tigaraksatria 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 Tigaraksatria Tbk Days Payable Chart

PT Tigaraksatria 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 36.59 41.22 45.47 47.65 60.73

PT Tigaraksatria 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 50.89 55.41 46.96 56.41 60.07

ISX:TGKA vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, PT Tigaraksatria 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 Tigaraksatria Tbk Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, PT Tigaraksatria Tbk's Days Payable distribution charts can be found below:

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


ISX:TGKA
69GF Score
PT Tigaraksa Satria Tbk ISX:TGKA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Tigaraksatria 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 Tigaraksatria 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
=( (1522968 + 2432227) / 2 ) / 11886556*365
=1977597.5 / 11886556*365
=60.73

PT Tigaraksatria 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
=( (2432227 + 1822574) / 2 ) / 3231642*365 / 4
=2127400.5 / 3231642*365 / 4
=60.07

* 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 60.07 mean?
PT Tigaraksatria Tbk (ISX:TGKA) has a Days Payable of 60.07 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 Tigaraksatria Tbk and its competitors. This is 45% above median its historical median of 41.32. Over the past decade, PT Tigaraksatria Tbk's Days Payable has ranged from 29.58 to 60.73. According to the industry distribution chart, PT Tigaraksatria Tbk ranks #102 out of 302 companies in the Retail - Defensive industry, placing it in the top 33.8%.
Is PT Tigaraksatria Tbk's Days Payable too high?
PT Tigaraksatria Tbk's current Days Payable of 60.07 is 45% above median its 10-year median of 41.32. Over the past 10 years, this metric has ranged from a low of 29.58 to a high of 60.73. The Retail - Defensive industry median Days Payable is 43.31. PT Tigaraksatria Tbk's value of 60.07 is 38.7% above this industry median. Based on the distribution chart, PT Tigaraksatria Tbk ranks #102 out of 302 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, PT Tigaraksatria Tbk has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Tigaraksatria Tbk's Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, PT Tigaraksatria Tbk ranks #102 out of 302 companies for Days Payable. This puts PT Tigaraksatria Tbk in the upper half of its industry. The industry median Days Payable is 43.31. PT Tigaraksatria Tbk's value of 60.07 is 38.7% above this benchmark. Historically, PT Tigaraksatria Tbk's own Days Payable has ranged from 29.58 to 60.73 over the past decade. While the company's 10-year median is 41.32 vs. the industry median of 43.31, PT Tigaraksatria Tbk has consistently been above 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.31, based on 302 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 Tigaraksatria Tbk's current Days Payable of 60.07 is 38.7% above 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 Tigaraksatria Tbk and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Tigaraksatria Tbk's current Days Payable is 60.07, which is 45% above median its own 10-year median of 41.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tigaraksatria Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Tigaraksatria Tbk (ISX:TGKA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp6,213.89, compared to a current price of Rp4,820.00 — trading 22.4% below its estimated fair value. The current Days Payable is 60.07, which is 45% above median its 10-year median of 41.32 and 38.7% above the Retail - Defensive industry median of 43.31. PT Tigaraksatria Tbk's overall GF Score™ is 69/100 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 Tigaraksatria Tbk (ISX:TGKA), the current Days Payable is 60.07 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 Tigaraksatria Tbk (ISX:TGKA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Tigaraksatria Tbk stock appears to be undervalued. The current stock price of Rp4,820.00 is trading 22.4% below its estimated GF Value™ of Rp6,213.89. GuruFocus considers PT Tigaraksatria Tbk to be Modestly Undervalued.

Key valuation signals for ISX:TGKA:

  • Days Payable: 60.07 (45% above median its 10-year median of 41.32)
  • GF Value™: Rp6,213.89 vs. price of Rp4,820.00 (22.4% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 38.7% above the Retail - Defensive median (#102 of 302)

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


PT Tigaraksatria Tbk Business Description

Address Jalan Rasuna Said Kav. B-9, Menara Duta, 2nd & 4th Floors, Setiabudi, South Jakarta, Jakarta, IDN, 12910
PT Tigaraksa Satria Tbk is engaged in the business of the sale and distribution of fast-moving consumer products (FMCP). The company operates through three divisions, namely Food & consumer products, Gas (LPG) and other kitchen appliances, and Books. The divisions of the company are involved in the manufacturing and distribution of food and consumer products such as milk and nutritional baby products, gas stoves, gas refill services, blenders, rice cookers, educational and science books, and many more. The majority of its revenue comes from the Food & consumer products segment.
69GF Score

Get the complete analysis for ISX:TGKA

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

Rp4,820.00
Price
Rp6,213.89
GF Value