NMDC Group PJSC (ADX:NMDC) Days Payable: 55.74 (As of Mar. 2026) — 15% Above Median


ADX:NMDC NMDC Group PJSC ADX:NMDC
93 GF Score
Price د.إ22.86
GF Value د.إ29.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is NMDC Group PJSC Days Payable?

NMDC Group PJSC ADX:NMDC +1.78% 93 Days Payable is 55.74 as of Mar. 2026, which is 15% above its 10-year median of 48.29. GuruFocus rates ADX:NMDC with a GF Score™ of 93/100 and a GF Value™ of د.إ29.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,709 Construction companies, NMDC Group PJSC ranks worse than 70.86% on this metric.

NMDC Group PJSC's average Accounts Payable for the three months ended in Mar. 2026 was د.إ3,726 Mil. NMDC Group PJSC's Cost of Goods Sold for the three months ended in Mar. 2026 was د.إ6,099 Mil. Hence, NMDC Group PJSC's Days Payable for the three months ended in Mar. 2026 was 55.74.

The historical rank and industry rank for NMDC Group PJSC's Days Payable or its related term are showing as below:

ADX:NMDC' s Days Payable Range Over the Past 10 Years
Min: 38.01   Med: 48.29   Max: 59.82
Current: 49.64

During the past 13 years, NMDC Group PJSC's highest Days Payable was 59.82. The lowest was 38.01. And the median was 48.29.

ADX:NMDC's Days Payable is ranked worse than
70.86% of 1709 companies
in the Construction industry
Industry Median: 76.67 vs ADX:NMDC: 49.64

NMDC Group PJSC's Days Payable increased from Mar. 2025 (52.89) to Mar. 2026 (55.74). It may suggest that NMDC Group PJSC delayed paying its suppliers.


NMDC Group PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for NMDC Group PJSC'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.

NMDC Group PJSC Days Payable Chart

NMDC Group PJSC 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 48.25 55.19 45.24 38.01 48.32

NMDC Group PJSC 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 52.89 45.90 44.68 48.88 55.74

ADX:NMDC vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, NMDC Group PJSC'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.


NMDC Group PJSC Days Payable vs Construction Industry

For the Construction industry and Industrials sector, NMDC Group PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where NMDC Group PJSC's Days Payable falls into.


ADX:NMDC
93GF Score
NMDC Group PJSC ADX:NMDC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NMDC Group PJSC 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.

NMDC Group PJSC'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
=( (2649.03 + 3711.382) / 2 ) / 24022.959*365
=3180.206 / 24022.959*365
=48.32

NMDC Group PJSC'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
=( (3711.382 + 3740.02) / 2 ) / 6099.074*365 / 4
=3725.701 / 6099.074*365 / 4
=55.74

* 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 55.74 mean?
NMDC Group PJSC (ADX:NMDC) has a Days Payable of 55.74 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 NMDC Group PJSC and its competitors. This is 15% above median its historical median of 48.29. Over the past decade, NMDC Group PJSC's Days Payable has ranged from 38.01 to 59.82. According to the industry distribution chart, NMDC Group PJSC ranks #1211 out of 1709 companies in the Construction industry, placing it in the top 70.9%.
Is NMDC Group PJSC's Days Payable too high?
NMDC Group PJSC's current Days Payable of 55.74 is 15% above median its 10-year median of 48.29. Over the past 10 years, this metric has ranged from a low of 38.01 to a high of 59.82. The Construction industry median Days Payable is 76.67. NMDC Group PJSC's value of 55.74 is 27.3% below this industry median. Based on the distribution chart, NMDC Group PJSC ranks #1211 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, NMDC Group PJSC has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NMDC Group PJSC's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, NMDC Group PJSC ranks #1211 out of 1709 companies for Days Payable. This places NMDC Group PJSC in the lower half of its industry. The industry median Days Payable is 76.67. NMDC Group PJSC's value of 55.74 is 27.3% below this benchmark. Historically, NMDC Group PJSC's own Days Payable has ranged from 38.01 to 59.82 over the past decade. While the company's 10-year median is 48.29 vs. the industry median of 76.67, NMDC Group PJSC 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 76.67, based on 1,709 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. NMDC Group PJSC's current Days Payable of 55.74 is 27.3% 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 NMDC Group PJSC and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Group PJSC's current Days Payable is 55.74, which is 15% above median its own 10-year median of 48.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, NMDC Group PJSC (ADX:NMDC) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ29.70, compared to a current price of د.إ22.86 — trading 23% below its estimated fair value. The current Days Payable is 55.74, which is 15% above median its 10-year median of 48.29 and 27.3% below the Construction industry median of 76.67. NMDC Group PJSC's overall GF Score™ is 93/100 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 NMDC Group PJSC (ADX:NMDC), the current Days Payable is 55.74 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 NMDC Group PJSC (ADX:NMDC) Overvalued in 2026?

Based on GuruFocus' analysis, NMDC Group PJSC stock appears to be undervalued. The current stock price of د.إ22.86 is trading 23% below its estimated GF Value™ of د.إ29.70. GuruFocus considers NMDC Group PJSC to be Modestly Undervalued.

Key valuation signals for ADX:NMDC:

  • Days Payable: 55.74 (15% above median its 10-year median of 48.29)
  • GF Value™: د.إ29.70 vs. price of د.إ22.86 (23% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 27.3% below the Construction median (#1211 of 1709)

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


NMDC Group PJSC Business Description

Address Mussafah Street 16, P.O. Box 3649, Abu Dhabi, ARE
NMDC Group PJSC operates as an integrated provider of Engineering, Procurement and Construction (EPC) services for onshore, offshore, and marine projects. The company's activities include marine dredging, logistics, and technical services, and marine engineering and construction. Geographically, it operates across the Middle East, Southeast Asia, and other international markets. The company's operations are structured under five business units: NMDC Dredging & Marine, NMDC Energy, NMDC Infra, NMDC Logistics & Technical Services, and NMDC Engineering. It has aggregated its segments into Dredging & Marine and Energy, with the majority of revenue from the Energy segment.
93GF Score

Get the complete analysis for ADX:NMDC

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

د.إ22.86
Price
د.إ29.70
GF Value