Euro Manganese (ASX:EMN) Days Payable: 225.74 (As of Mar. 2026) — 90% Below Median


What is Euro Manganese Days Payable?

Euro Manganese ASX:EMN Days Payable is 225.74 as of Mar. 2026, which is 90% below its 10-year median of 2,210.97. The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Euro Manganese ranks better than 57.71% on this metric.

Euro Manganese's average Accounts Payable for the three months ended in Mar. 2026 was A$3.27 Mil. Euro Manganese's Cost of Goods Sold for the three months ended in Mar. 2026 was A$1.32 Mil. Hence, Euro Manganese's Days Payable for the three months ended in Mar. 2026 was 225.74.

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

ASX:EMN' s Days Payable Range Over the Past 10 Years
Min: 213.01   Med: 2210.97   Max: 62050
Current: 213.97

During the past 9 years, Euro Manganese's highest Days Payable was 62050.00. The lowest was 213.01. And the median was 2210.97.

ASX:EMN's Days Payable is ranked better than
57.71% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs ASX:EMN: 213.97

Euro Manganese's Days Payable declined from Mar. 2025 (298.28) to Mar. 2026 (225.74). It may suggest that Euro Manganese accelerated paying its suppliers.


Euro Manganese Days Payable Historical Data

* Premium members only.

The historical data trend for Euro Manganese'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.

Euro Manganese Days Payable Chart

Euro Manganese Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only 1,810.20 2,479.45 0.00 270.96 212.52

Euro Manganese 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 298.28 192.71 251.11 179.67 225.74

Euro Manganese Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Euro Manganese'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.


Euro Manganese Days Payable vs Metals & Mining Industry

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

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



Euro Manganese 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.

Euro Manganese's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (3.077 + 3.464) / 2 ) / 5.617*365
=3.2705 / 5.617*365
=212.52

Euro Manganese'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
=( (3.022 + 3.514) / 2 ) / 1.321*365 / 4
=3.268 / 1.321*365 / 4
=225.74

* 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 225.74 mean?
Euro Manganese (ASX:EMN) has a Days Payable of 225.74 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 Euro Manganese and its competitors. This is 90% below median its historical median of 2,210.97. Over the past decade, Euro Manganese's Days Payable has ranged from 213.01 to 62,050.00. According to the industry distribution chart, Euro Manganese ranks #450 out of 1064 companies in the Metals & Mining industry, placing it in the top 42.3%.
Is Euro Manganese's Days Payable too high?
Euro Manganese's current Days Payable of 225.74 is 90% below median its 10-year median of 2,210.97. Over the past 10 years, this metric has ranged from a low of 213.01 to a high of 62,050.00. The Metals & Mining industry median Days Payable is 126.89. Euro Manganese's value of 225.74 is 77.9% above this industry median. Based on the distribution chart, Euro Manganese ranks #450 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Euro Manganese's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Euro Manganese ranks #450 out of 1064 companies for Days Payable. This puts Euro Manganese in the upper half of its industry. The industry median Days Payable is 126.89. Euro Manganese's value of 225.74 is 77.9% above this benchmark. Historically, Euro Manganese's own Days Payable has ranged from 213.01 to 62,050.00 over the past decade. While the company's 10-year median is 2,210.97 vs. the industry median of 126.89, Euro Manganese 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 126.89, 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. Euro Manganese's current Days Payable of 225.74 is 77.9% 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 Euro Manganese and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euro Manganese's current Days Payable is 225.74, which is 90% below median its own 10-year median of 2,210.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Manganese stock overvalued right now?
Euro Manganese (ASX:EMN) has a current Days Payable of 225.74. The current Days Payable is 225.74, which is 90% below median its 10-year median of 2,210.97 and 77.9% above the Metals & Mining industry median of 126.89. 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 Euro Manganese (ASX:EMN), the current Days Payable is 225.74 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.

Euro Manganese Business Description

Address 700 West Pender Street, Suite 709, Vancouver, BC, CAN, V6C 1G8
Euro Manganese Inc is focused on advancing the Chvaletice Manganese Project, which involves the re-processing of a readily leachable manganese deposit contained in the tailings of a decommissioned mine in the Czech Republic. The Company is also progressing an opportunity to develop a project in Canada aimed at producing high-purity manganese products for the North American market, mainly for use in lithium-ion batteries. The company seeks to produce high-purity manganese products in an economically, socially, and environmentally sound manner. The Company operates through three segments: Mangan, EPCS, and Corporate. The Mangan and EPCS assets are geographically located in the Czech Republic, while corporate activities and assets are based in Canada.