PTJSY (PT Jasa Marga (Persero) Tbk) Days Payable: 1.87 (As of Mar. 2026) — 90% Below Median


PTJSY PT Jasa Marga (Persero) Tbk PTJSY
71 GF Score
Price $3.30
GF Value $4.70
Valuation Possible Value Trap
! 6 Warning Signs
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What is PT Jasa Marga (Persero) Tbk Days Payable?

PT Jasa Marga (Persero) Tbk PTJSY 71 Days Payable is 1.87 as of Mar. 2026, which is 90% below its 10-year median of 18.35. GuruFocus rates PTJSY with a GF Score™ of 71/100 and a GF Value™ of $4.70 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,715 Construction companies, PT Jasa Marga (Persero) Tbk ranks worse than 99.88% on this metric.

PT Jasa Marga (Persero) Tbk's average Accounts Payable for the three months ended in Mar. 2026 was $4 Mil. PT Jasa Marga (Persero) Tbk's Cost of Goods Sold for the three months ended in Mar. 2026 was $208 Mil. Hence, PT Jasa Marga (Persero) Tbk's Days Payable for the three months ended in Mar. 2026 was 1.87.

The historical rank and industry rank for PT Jasa Marga (Persero) Tbk's Days Payable or its related term are showing as below:

PTJSY' s Days Payable Range Over the Past 10 Years
Min: 2.13   Med: 18.35   Max: 69.17
Current: 2.13

During the past 13 years, PT Jasa Marga (Persero) Tbk's highest Days Payable was 69.17. The lowest was 2.13. And the median was 18.35.

PTJSY's Days Payable is ranked worse than
99.88% of 1715 companies
in the Construction industry
Industry Median: 76.72 vs PTJSY: 2.13

PT Jasa Marga (Persero) Tbk's Days Payable declined from Mar. 2025 (3.15) to Mar. 2026 (1.87). It may suggest that PT Jasa Marga (Persero) Tbk accelerated paying its suppliers.


PT Jasa Marga (Persero) Tbk Days Payable Historical Data

* Premium members only.

The historical data trend for PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk Days Payable Chart

PT Jasa Marga (Persero) 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 63.23 12.08 5.77 3.72 2.31

PT Jasa Marga (Persero) 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 3.15 4.05 1.92 1.37 1.87

PT Jasa Marga (Persero) Tbk Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk Days Payable vs Construction Industry

For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Jasa Marga (Persero) Tbk's Days Payable falls into.


PTJSY
71GF Score
PT Jasa Marga (Persero) Tbk PTJSY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Jasa Marga (Persero) 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 Jasa Marga (Persero) 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
=( (9.434 + 4.306) / 2 ) / 1083.581*365
=6.87 / 1083.581*365
=2.31

PT Jasa Marga (Persero) 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
=( (4.306 + 4.216) / 2 ) / 207.608*365 / 4
=4.261 / 207.608*365 / 4
=1.87

* 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 1.87 mean?
PT Jasa Marga (Persero) Tbk (PTJSY) has a Days Payable of 1.87 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 Jasa Marga (Persero) Tbk and its competitors. This is 90% below median its historical median of 18.35. Over the past decade, PT Jasa Marga (Persero) Tbk's Days Payable has ranged from 2.13 to 69.17. According to the industry distribution chart, PT Jasa Marga (Persero) Tbk ranks #1713 out of 1715 companies in the Construction industry, placing it in the top 99.9%.
Is PT Jasa Marga (Persero) Tbk's Days Payable too high?
PT Jasa Marga (Persero) Tbk's current Days Payable of 1.87 is 90% below median its 10-year median of 18.35. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 69.17. The Construction industry median Days Payable is 76.72. PT Jasa Marga (Persero) Tbk's value of 1.87 is 97.6% below this industry median. Based on the distribution chart, PT Jasa Marga (Persero) Tbk ranks #1713 out of 1715 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, PT Jasa Marga (Persero) Tbk has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Marga (Persero) Tbk's Days Payable compare to competitors?
According to the Construction industry distribution chart, PT Jasa Marga (Persero) Tbk ranks #1713 out of 1715 companies for Days Payable. This places PT Jasa Marga (Persero) Tbk in the lower half of its industry. The industry median Days Payable is 76.72. PT Jasa Marga (Persero) Tbk's value of 1.87 is 97.6% below this benchmark. Historically, PT Jasa Marga (Persero) Tbk's own Days Payable has ranged from 2.13 to 69.17 over the past decade. While the company's 10-year median is 18.35 vs. the industry median of 76.72, PT Jasa Marga (Persero) 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,715 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 Jasa Marga (Persero) Tbk's current Days Payable of 1.87 is 97.6% 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 Jasa Marga (Persero) Tbk and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Marga (Persero) Tbk's current Days Payable is 1.87, which is 90% below median its own 10-year median of 18.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Marga (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Marga (Persero) Tbk (PTJSY) is currently considered Possible Value Trap. The stock's GF Value™ is $4.70, compared to a current price of $3.30 — trading 29.8% below its estimated fair value. The current Days Payable is 1.87, which is 90% below median its 10-year median of 18.35 and 97.6% below the Construction industry median of 76.72. PT Jasa Marga (Persero) Tbk's overall GF Score™ is 71/100 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 Jasa Marga (Persero) Tbk (PTJSY), the current Days Payable is 1.87 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 Jasa Marga (Persero) Tbk (PTJSY) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Marga (Persero) Tbk stock appears to be undervalued. The current stock price of $3.30 is trading 29.8% below its estimated GF Value™ of $4.70. GuruFocus considers PT Jasa Marga (Persero) Tbk to be Possible Value Trap.

Key valuation signals for PTJSY:

  • Days Payable: 1.87 (90% below median its 10-year median of 18.35)
  • GF Value™: $4.70 vs. price of $3.30 (29.8% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 97.6% below the Construction median (#1713 of 1715)

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


PT Jasa Marga (Persero) Tbk Business Description

Address Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road business, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.
71GF Score

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

$3.30
Price
$4.70
GF Value