PIKQF (PT Indah Kiat Pulp & Paper Tbk) Days Payable: 66.94 (As of Mar. 2026) — 109% Above Median


PIKQF PT Indah Kiat Pulp & Paper Tbk PIKQF
97 GF Score
Price $0.53
GF Value $0.68
! 4 Warning Signs
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What is PT Indah Kiat Pulp & Paper Tbk Days Payable?

PT Indah Kiat Pulp & Paper Tbk PIKQF 97 Days Payable is 66.94 as of Mar. 2026, which is 109% above its 10-year median of 31.98. GuruFocus rates PIKQF with a GF Score™ of 97/100 and a GF Value™ of $0.68. The stock has 4 warning signs investors should review. Among 276 Forest Products companies, PT Indah Kiat Pulp & Paper Tbk ranks better than 53.26% on this metric.

PT Indah Kiat Pulp & Paper Tbk's average Accounts Payable for the three months ended in Mar. 2026 was $392 Mil. PT Indah Kiat Pulp & Paper Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was $534 Mil. Hence, PT Indah Kiat Pulp & Paper Tbk's Days Payable for the three months ended in Mar. 2026 was 66.94.

The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's Days Payable or its related term are showing as below:

PIKQF' s Days Payable Range Over the Past 10 Years
Min: 20.33   Med: 31.98   Max: 60.55
Current: 60.55

During the past 13 years, PT Indah Kiat Pulp & Paper Tbk's highest Days Payable was 60.55. The lowest was 20.33. And the median was 31.98.

PIKQF's Days Payable is ranked better than
53.26% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs PIKQF: 60.55

PT Indah Kiat Pulp & Paper Tbk's Days Payable increased from Mar. 2025 (48.99) to Mar. 2026 (66.94). It may suggest that PT Indah Kiat Pulp & Paper Tbk delayed paying its suppliers.


PT Indah Kiat Pulp & Paper Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Days Payable Chart

PT Indah Kiat Pulp & Paper 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 34.10 33.52 36.02 47.27 56.54

PT Indah Kiat Pulp & Paper 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 48.99 49.99 60.54 65.03 66.94

PIKQF vs SLVM: Days Payable Comparison

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Days Payable falls into.


PIKQF
97GF Score
PT Indah Kiat Pulp & Paper Tbk PIKQF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper 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
=( (311.892 + 354.038) / 2 ) / 2149.541*365
=332.965 / 2149.541*365
=56.54

PT Indah Kiat Pulp & Paper 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
=( (354.038 + 429.978) / 2 ) / 534.385*365 / 4
=392.008 / 534.385*365 / 4
=66.94

* 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 66.94 mean?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a Days Payable of 66.94 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 Indah Kiat Pulp & Paper Tbk and its competitors. This is 109% above median its historical median of 31.98. Over the past decade, PT Indah Kiat Pulp & Paper Tbk's Days Payable has ranged from 20.33 to 60.55. According to the industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #129 out of 276 companies in the Forest Products industry, placing it in the top 46.7%.
Is PT Indah Kiat Pulp & Paper Tbk's Days Payable too high?
PT Indah Kiat Pulp & Paper Tbk's current Days Payable of 66.94 is 109% above median its 10-year median of 31.98. Over the past 10 years, this metric has ranged from a low of 20.33 to a high of 60.55. The Forest Products industry median Days Payable is 57.93. PT Indah Kiat Pulp & Paper Tbk's value of 66.94 is 15.6% above this industry median. Based on the distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #129 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's Days Payable compare to SLVM?
According to the Forest Products industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #129 out of 276 companies for Days Payable. This puts PT Indah Kiat Pulp & Paper Tbk in the upper half of its industry. The industry median Days Payable is 57.93. PT Indah Kiat Pulp & Paper Tbk's value of 66.94 is 15.6% above this benchmark. Historically, PT Indah Kiat Pulp & Paper Tbk's own Days Payable has ranged from 20.33 to 60.55 over the past decade. While the company's 10-year median is 31.98 vs. the industry median of 57.93, PT Indah Kiat Pulp & Paper 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 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 Indah Kiat Pulp & Paper Tbk's current Days Payable of 66.94 is 15.6% 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 Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk's current Days Payable is 66.94, which is 109% above median its own 10-year median of 31.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current Days Payable of 66.94. The stock's GF Value™ is $0.68, compared to a current price of $0.53 — trading 22% below its estimated fair value. The current Days Payable is 66.94, which is 109% above median its 10-year median of 31.98 and 15.6% above the Forest Products industry median of 57.93. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 97/100 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 Indah Kiat Pulp & Paper Tbk (PIKQF), the current Days Payable is 66.94 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 Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued. The current stock price of $0.53 is trading 22% below its estimated GF Value™ of $0.68.

Key valuation signals for PIKQF:

  • Days Payable: 66.94 (109% above median its 10-year median of 31.98)
  • GF Value™: $0.68 vs. price of $0.53 (22% below fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 15.6% above the Forest Products median (#129 of 276)

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


PT Indah Kiat Pulp & Paper Tbk Business Description

Other Exchanges INKP:IndonesiaIKP:Germany
Address Jalan M.H. Thamrin No. 51, Tower 2, 9th Floor, Building Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
97GF Score

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

$0.53
Price
$0.68
GF Value