GR Engineering Services (ASX:GNG) Days Payable: 73.58 (As of Dec. 2025) — 26% Above Median


ASX:GNG GR Engineering Services Ltd ASX:GNG
76 GF Score
Price A$4.84
GF Value A$2.82
Valuation Significantly Overvalued
! 5 Warning Signs
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What is GR Engineering Services Days Payable?

GR Engineering Services ASX:GNG +0.62% 76 Days Payable is 73.58 as of Dec. 2025, which is 26% above its 10-year median of 58.61. GuruFocus rates ASX:GNG with a GF Score™ of 76/100 and a GF Value™ of A$2.82 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,063 Metals & Mining companies, GR Engineering Services ranks worse than 56.16% on this metric.

GR Engineering Services's average Accounts Payable for the six months ended in Dec. 2025 was A$43.7 Mil. GR Engineering Services's Cost of Goods Sold for the six months ended in Dec. 2025 was A$108.4 Mil. Hence, GR Engineering Services's Days Payable for the six months ended in Dec. 2025 was 73.58.

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

ASX:GNG' s Days Payable Range Over the Past 10 Years
Min: 48.23   Med: 58.61   Max: 93.98
Current: 93.98

During the past 13 years, GR Engineering Services's highest Days Payable was 93.98. The lowest was 48.23. And the median was 58.61.

ASX:GNG's Days Payable is ranked worse than
56.16% of 1063 companies
in the Metals & Mining industry
Industry Median: 127.26 vs ASX:GNG: 93.98

GR Engineering Services's Days Payable declined from Dec. 2024 (81.19) to Dec. 2025 (73.58). It may suggest that GR Engineering Services accelerated paying its suppliers.


GR Engineering Services Days Payable Historical Data

* Premium members only.

The historical data trend for GR Engineering Services'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.

GR Engineering Services Days Payable Chart

GR Engineering Services 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 48.33 48.23 61.47 84.03 65.63

GR Engineering Services 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 51.72 164.36 81.19 96.19 73.58

GR Engineering Services Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, GR Engineering Services'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.


GR Engineering Services Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where GR Engineering Services's Days Payable falls into.


ASX:GNG
76GF Score
GR Engineering Services Ltd ASX:GNG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GR Engineering Services 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.

GR Engineering Services'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
=( (51.177 + 29.438) / 2 ) / 224.161*365
=40.3075 / 224.161*365
=65.63

GR Engineering Services'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
=( (29.438 + 57.975) / 2 ) / 108.407*365 / 2
=43.7065 / 108.407*365 / 2
=73.58

* 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 73.58 mean?
GR Engineering Services (ASX:GNG) has a Days Payable of 73.58 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 GR Engineering Services and its competitors. This is 26% above median its historical median of 58.61. Over the past decade, GR Engineering Services' Days Payable has ranged from 48.23 to 93.98. According to the industry distribution chart, GR Engineering Services ranks #597 out of 1063 companies in the Metals & Mining industry, placing it in the top 56.2%.
Is GR Engineering Services' Days Payable too high?
GR Engineering Services' current Days Payable of 73.58 is 26% above median its 10-year median of 58.61. Over the past 10 years, this metric has ranged from a low of 48.23 to a high of 93.98. The Metals & Mining industry median Days Payable is 127.26. GR Engineering Services' value of 73.58 is 42.2% below this industry median. Based on the distribution chart, GR Engineering Services ranks #597 out of 1063 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, GR Engineering Services has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GR Engineering Services' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, GR Engineering Services ranks #597 out of 1063 companies for Days Payable. This places GR Engineering Services in the lower half of its industry. The industry median Days Payable is 127.26. GR Engineering Services' value of 73.58 is 42.2% below this benchmark. Historically, GR Engineering Services' own Days Payable has ranged from 48.23 to 93.98 over the past decade. While the company's 10-year median is 58.61 vs. the industry median of 127.26, GR Engineering Services 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,063 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. GR Engineering Services's current Days Payable of 73.58 is 42.2% 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 GR Engineering Services and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GR Engineering Services's current Days Payable is 73.58, which is 26% above median its own 10-year median of 58.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GR Engineering Services stock overvalued right now?
Based on GuruFocus' analysis, GR Engineering Services (ASX:GNG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.82, compared to a current price of A$4.84 — trading 71.6% above its estimated fair value. The current Days Payable is 73.58, which is 26% above median its 10-year median of 58.61 and 42.2% below the Metals & Mining industry median of 127.26. GR Engineering Services' overall GF Score™ is 76/100 with 5 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 GR Engineering Services (ASX:GNG), the current Days Payable is 73.58 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.

Is GR Engineering Services (ASX:GNG) Overvalued in 2026?

Based on GuruFocus' analysis, GR Engineering Services stock appears to be overvalued. The current stock price of A$4.84 is trading 71.6% above its estimated GF Value™ of A$2.82. GuruFocus considers GR Engineering Services to be Significantly Overvalued.

Key valuation signals for ASX:GNG:

  • Days Payable: 73.58 (26% above median its 10-year median of 58.61)
  • GF Value™: A$2.82 vs. price of A$4.84 (71.6% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 42.2% below the Metals & Mining median (#597 of 1063)

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


GR Engineering Services Business Description

Address 71 Daly Street, Ascot, Perth, WA, AUS, 6104
GR Engineering Services Ltd provides process engineering, detailed engineering design, process control, and automation design and construction services to the mining and mineral processing industry. In addition, it also provides operations, maintenance, engineering, and advisory services to the energy sector. The company has been a part of several projects, including the Mungari Future Growth Project, Kathleen Valley Lithium Backfill Project, and the Woodlawn Restart Project, among others. It operates in two segments: Mineral Processing and Oil and Gas. Key revenue is derived from the Mineral processing segment, which includes Engineering, Procurement, and Construction (EPC) contracts of mineral projects. Geographically, the group derives maximum revenue from its business in Australia.
76GF Score

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

A$4.84
Price
A$2.82
GF Value