MagontecASX:MGL 42 Days Payable is 37.32 as of Dec. 2025, which is 0% below its 10-year median of 37.34. GuruFocus rates ASX:MGL with a GF Score™ of 42/100 and a GF Value™ of A$0.27 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Magontec ranks worse than 82.05% on this metric.
Magontec's average Accounts Payable for the
six
months ended in Dec. 2025 was A$5.71 Mil. Magontec's Cost of Goods Sold for the
six
months ended in Dec. 2025 was A$27.93 Mil.
Hence, Magontec's Days Payable for the
six
months ended in Dec. 2025 was 37.32.
The historical rank and industry rank for Magontec's Days Payable or its related term are showing as below:
ASX:MGL'
s Days Payable Range Over the Past 10 Years
Min: 28.48 Med: 37.34 Max: 55.13
Current: 36.38
During the past 13 years, Magontec's highest Days Payable was 55.13. The lowest was 28.48. And the median was 37.34.
ASX:MGL's Days Payable is ranked worse than 82.05% of 1064
companies
in the Metals & Mining industry
Industry Median: 127.62
vs ASX:MGL: 36.38
Magontec's Days Payable
declined
from Dec. 2024 (94.45) to Dec. 2025 (37.32).
It may suggest that Magontecaccelerated paying its suppliers.
Magontec Days Payable Related Terms
Magontec Days Payable Historical Data
* Premium members only.
The historical data trend for Magontec'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.
For the Other Industrial Metals & Mining subindustry, Magontec'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.
Magontec Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magontec's Days Payable distribution charts can be found below:
* The bar in red indicates where Magontec's Days Payable falls into.
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.
Magontec's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Magontec (ASX:MGL) has a Days Payable of 37.32 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 Magontec and its competitors. This is near median its historical median of 37.34. Over the past decade, Magontec's Days Payable has ranged from 28.48 to 55.13. According to the industry distribution chart, Magontec ranks #873 out of 1064 companies in the Metals & Mining industry, placing it in the top 82%.
Is Magontec's Days Payable too high?
Magontec's current Days Payable of 37.32 is near median its 10-year median of 37.34. Over the past 10 years, this metric has ranged from a low of 28.48 to a high of 55.13. The Metals & Mining industry median Days Payable is 127.62. Magontec's value of 37.32 is 70.8% below this industry median. Based on the distribution chart, Magontec ranks #873 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Magontec has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Magontec's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Magontec ranks #873 out of 1064 companies for Days Payable. This places Magontec in the lower half of its industry. The industry median Days Payable is 127.62. Magontec's value of 37.32 is 70.8% below this benchmark. Historically, Magontec's own Days Payable has ranged from 28.48 to 55.13 over the past decade. While the company's 10-year median is 37.34 vs. the industry median of 127.62, Magontec 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 127.62, 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. Magontec's current Days Payable of 37.32 is 70.8% 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 Magontec 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. Magontec's current Days Payable is 37.32, which is near median its own 10-year median of 37.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magontec stock overvalued right now?
Based on GuruFocus' analysis, Magontec (ASX:MGL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.27, compared to a current price of A$0.19 — trading 29.6% below its estimated fair value. The current Days Payable is 37.32, which is near median its 10-year median of 37.34 and 70.8% below the Metals & Mining industry median of 127.62. Magontec's overall GF Score™ is 42/100 with 3 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 Magontec (ASX:MGL), the current Days Payable is 37.32 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 Magontec (ASX:MGL) Overvalued in 2026?
Based on GuruFocus' analysis, Magontec stock appears to be undervalued.
The current stock price of A$0.19 is trading 29.6% below its estimated GF Value™ of A$0.27.
GuruFocus considers Magontec to be Possible Value Trap.
Key valuation signals for ASX:MGL:
Days Payable: 37.32 (near median its 10-year median of 37.34)
GF Value™: A$0.27 vs. price of A$0.19 (29.6% below fair value)
Industry Position: 70.8% below the Metals & Mining median (#873 of 1064)
No single metric tells the full story. See the ASX:MGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magontec Ltd is engaged in the manufacturing and sale of generic and specialist magnesium alloys as well as magnesium and titanium cathodic corrosion protection products. It also researches and develops new proprietary magnesium alloys and technologies. The group's products and services are Primary Mg Alloy, Magnesium Alloy Recycling, and Cathodic Corrosion Protection. It has three segments: Admin, EUR, and PRC. The majority of the group's revenue is generated from the EUR segment, which represents its operations in Europe.
42GF Score
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