ALTAF (Morella) Days Payable: 628.48 (As of Dec. 2025) — 15% Below Median


What is Morella Days Payable?

Morella ALTAF Days Payable is 628.48 as of Dec. 2025, which is 15% below its 10-year median of 740.75. The stock has 4 warning signs investors should review. Among 1,064 Metals & Mining companies, Morella ranks better than 64.66% on this metric.

Morella's average Accounts Payable for the six months ended in Dec. 2025 was $0.55 Mil. Morella's Cost of Goods Sold for the six months ended in Dec. 2025 was $0.16 Mil. Hence, Morella's Days Payable for the six months ended in Dec. 2025 was 628.48.

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

ALTAF' s Days Payable Range Over the Past 10 Years
Min: 78.63   Med: 740.75   Max: 13454.64
Current: 712.72

During the past 13 years, Morella's highest Days Payable was 13454.64. The lowest was 78.63. And the median was 740.75.

ALTAF's Days Payable is ranked better than
64.66% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs ALTAF: 712.72

Morella's Days Payable declined from Dec. 2024 (647.15) to Dec. 2025 (628.48). It may suggest that Morella accelerated paying its suppliers.


Morella Days Payable Historical Data

* Premium members only.

The historical data trend for Morella'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.

Morella Days Payable Chart

Morella Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,251.72 1,268.89 871.42 630.86 369.90

Morella Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 658.07 268.98 647.15 663.87 628.48

Morella Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Morella'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.


Morella Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Morella's Days Payable distribution charts can be found below:

* The bar in red indicates where Morella's Days Payable falls into.



Morella 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.

Morella's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (0.231 + 0.448) / 2 ) / 0.335*365
=0.3395 / 0.335*365
=369.90

Morella's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.448 + 0.654) / 2 ) / 0.16*365 / 2
=0.551 / 0.16*365 / 2
=628.48

* 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 628.48 mean?
Morella (ALTAF) has a Days Payable of 628.48 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Morella and its competitors. This is 15% below median its historical median of 740.75. Over the past decade, Morella's Days Payable has ranged from 78.63 to 13,454.64. According to the industry distribution chart, Morella ranks #376 out of 1064 companies in the Metals & Mining industry, placing it in the top 35.3%.
Is Morella's Days Payable too high?
Morella's current Days Payable of 628.48 is 15% below median its 10-year median of 740.75. Over the past 10 years, this metric has ranged from a low of 78.63 to a high of 13,454.64. The Metals & Mining industry median Days Payable is 127.62. Morella's value of 628.48 is 392.5% above this industry median. Based on the distribution chart, Morella ranks #376 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Morella's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Morella ranks #376 out of 1064 companies for Days Payable. This puts Morella in the upper half of its industry. The industry median Days Payable is 127.62. Morella's value of 628.48 is 392.5% above this benchmark. Historically, Morella's own Days Payable has ranged from 78.63 to 13,454.64 over the past decade. While the company's 10-year median is 740.75 vs. the industry median of 127.62, Morella 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 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. Morella's current Days Payable of 628.48 is 392.5% 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 Morella and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morella's current Days Payable is 628.48, which is 15% below median its own 10-year median of 740.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morella stock overvalued right now?
Based on GuruFocus' analysis, Morella (ALTAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.01 — trading 40% below its estimated fair value. The current Days Payable is 628.48, which is 15% below median its 10-year median of 740.75 and 392.5% above the Metals & Mining industry median of 127.62. 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 Morella (ALTAF), the current Days Payable is 628.48 as of Dec. 2025. 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.

Morella Business Description

Other Exchanges HDG0:Germany1MC:Australia
Address 68 Murray Street, Suite 5, Perth, WA, AUS, 6005
Morella Corp Ltd is an exploration and mineral resource development company, focused on lithium and battery minerals. The company has focused on its core lithium projects, including Tabba Tabba East, Fish Lake Valley, Mallina, and Mt. Edon, located in Western Australia and the USA. It operates geographically in the USA, Australia, Indonesia, and Other Regions, with the majority of revenue generated from Indonesia.