Matrix Composites & Engineering (ASX:MCE) Days Payable: 54.55 (As of Dec. 2025) — 113% Above Median


ASX:MCE Matrix Composites & Engineering Ltd ASX:MCE
38 GF Score
Price A$0.40
GF Value A$0.38
Valuation Fairly Valued
! 10 Warning Signs
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What is Matrix Composites & Engineering Days Payable?

Matrix Composites & Engineering ASX:MCE 38 Days Payable is 54.55 as of Dec. 2025, which is 113% above its 10-year median of 25.63. GuruFocus rates ASX:MCE with a GF Score™ of 38/100 and a GF Value™ of A$0.38 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,715 Construction companies, Matrix Composites & Engineering ranks worse than 65.71% on this metric.

Matrix Composites & Engineering's average Accounts Payable for the six months ended in Dec. 2025 was A$8.32 Mil. Matrix Composites & Engineering's Cost of Goods Sold for the six months ended in Dec. 2025 was A$27.82 Mil. Hence, Matrix Composites & Engineering's Days Payable for the six months ended in Dec. 2025 was 54.55.

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

ASX:MCE' s Days Payable Range Over the Past 10 Years
Min: 13.77   Med: 25.63   Max: 55.94
Current: 55.94

During the past 13 years, Matrix Composites & Engineering's highest Days Payable was 55.94. The lowest was 13.77. And the median was 25.63.

ASX:MCE's Days Payable is ranked worse than
65.71% of 1715 companies
in the Construction industry
Industry Median: 76.78 vs ASX:MCE: 55.94

Matrix Composites & Engineering's Days Payable increased from Dec. 2024 (44.59) to Dec. 2025 (54.55). It may suggest that Matrix Composites & Engineering delayed paying its suppliers.


Matrix Composites & Engineering Days Payable Related Terms


Matrix Composites & Engineering Days Payable Historical Data

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The historical data trend for Matrix Composites & Engineering'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.

Matrix Composites & Engineering Days Payable Chart

Matrix Composites & Engineering 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 24.69 15.50 13.77 22.34 32.67

Matrix Composites & Engineering 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 38.61 28.81 44.59 46.22 54.55

ASX:MCE vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Matrix Composites & Engineering'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.


Matrix Composites & Engineering Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Matrix Composites & Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Matrix Composites & Engineering's Days Payable falls into.


ASX:MCE
38GF Score
Matrix Composites & Engineering Ltd ASX:MCE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Matrix Composites & Engineering 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.

Matrix Composites & Engineering'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
=( (6.189 + 5.267) / 2 ) / 63.997*365
=5.728 / 63.997*365
=32.67

Matrix Composites & Engineering'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
=( (5.267 + 11.367) / 2 ) / 27.824*365 / 2
=8.317 / 27.824*365 / 2
=54.55

* 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 54.55 mean?
Matrix Composites & Engineering (ASX:MCE) has a Days Payable of 54.55 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 Matrix Composites & Engineering and its competitors. This is 113% above median its historical median of 25.63. Over the past decade, Matrix Composites & Engineering's Days Payable has ranged from 13.77 to 55.94. According to the industry distribution chart, Matrix Composites & Engineering ranks #1127 out of 1715 companies in the Construction industry, placing it in the top 65.7%.
Is Matrix Composites & Engineering's Days Payable too high?
Matrix Composites & Engineering's current Days Payable of 54.55 is 113% above median its 10-year median of 25.63. Over the past 10 years, this metric has ranged from a low of 13.77 to a high of 55.94. The Construction industry median Days Payable is 76.78. Matrix Composites & Engineering's value of 54.55 is 29% below this industry median. Based on the distribution chart, Matrix Composites & Engineering ranks #1127 out of 1715 companies in the Construction industry, which is below the industry midpoint. Overall, Matrix Composites & Engineering has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Matrix Composites & Engineering's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Matrix Composites & Engineering ranks #1127 out of 1715 companies for Days Payable. This places Matrix Composites & Engineering in the lower half of its industry. The industry median Days Payable is 76.78. Matrix Composites & Engineering's value of 54.55 is 29% below this benchmark. Historically, Matrix Composites & Engineering's own Days Payable has ranged from 13.77 to 55.94 over the past decade. While the company's 10-year median is 25.63 vs. the industry median of 76.78, Matrix Composites & Engineering 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 76.78, 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. Matrix Composites & Engineering's current Days Payable of 54.55 is 29% 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 Matrix Composites & Engineering and its competitors. For the Construction industry, the median Days Payable is 76.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Composites & Engineering's current Days Payable is 54.55, which is 113% above median its own 10-year median of 25.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Composites & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Matrix Composites & Engineering (ASX:MCE) is currently considered Fairly Valued. The stock's GF Value™ is A$0.38, compared to a current price of A$0.40 — trading 3.9% above its estimated fair value. The current Days Payable is 54.55, which is 113% above median its 10-year median of 25.63 and 29% below the Construction industry median of 76.78. Matrix Composites & Engineering's overall GF Score™ is 38/100 with 10 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 Matrix Composites & Engineering (ASX:MCE), the current Days Payable is 54.55 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 Matrix Composites & Engineering (ASX:MCE) Overvalued in 2026?

Based on GuruFocus' analysis, Matrix Composites & Engineering stock appears to be overvalued. The current stock price of A$0.40 is trading 3.9% above its estimated GF Value™ of A$0.38. GuruFocus considers Matrix Composites & Engineering to be Fairly Valued.

Key valuation signals for ASX:MCE:

  • Days Payable: 54.55 (113% above median its 10-year median of 25.63)
  • GF Value™: A$0.38 vs. price of A$0.40 (3.9% above fair value)
  • GF Score™: 38/100 with 10 warning signs
  • Industry Position: 29% below the Construction median (#1127 of 1715)

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


Matrix Composites & Engineering Business Description

Other Exchanges 8ME:Germany
Address 150 Quill Way, Henderson, Perth, WA, AUS, 6166
Matrix Composites & Engineering Ltd is a manufacturer of engineered products and services for the offshore oil and gas, civil and infrastructure, and defence industry. The group is also involved in the businesses of manufacturing and supplying capital drilling equipment, consisting of syntactic foam buoyancy; manufacturing and supply of subsea umbilical risers and flowline (SURF) ancillary equipment and associated services; and manufacturing and supply of well construction products, including centralizers and conductors. Its products consist of buoyancy systems, epoxy resin systems, energy absorption systems, reinforced thermoplastics, and others. Geographically, it derives maximum revenue from Brazil and rest from Australia, Japan, China, the United States of America, and other regions.
38GF Score

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

A$0.40
Price
A$0.38
GF Value