Michael Hill International (ASX:MHJ) Days Payable: 98.94 (As of Dec. 2025) — 94% Above Median


ASX:MHJ Michael Hill International Ltd ASX:MHJ
57 GF Score
Price A$0.33
GF Value A$0.57
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Michael Hill International Days Payable?

Michael Hill International ASX:MHJ +3.13% 57 Days Payable is 98.94 as of Dec. 2025, which is 94% above its 10-year median of 51.09. GuruFocus rates ASX:MHJ with a GF Score™ of 57/100 and a GF Value™ of A$0.57 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,098 Retail - Cyclical companies, Michael Hill International ranks better than 82.6% on this metric.

Michael Hill International's average Accounts Payable for the six months ended in Dec. 2025 was A$78.6 Mil. Michael Hill International's Cost of Goods Sold for the six months ended in Dec. 2025 was A$145.1 Mil. Hence, Michael Hill International's Days Payable for the six months ended in Dec. 2025 was 98.94.

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

ASX:MHJ' s Days Payable Range Over the Past 10 Years
Min: 38.57   Med: 51.09   Max: 119
Current: 119

During the past 13 years, Michael Hill International's highest Days Payable was 119.00. The lowest was 38.57. And the median was 51.09.

ASX:MHJ's Days Payable is ranked better than
82.6% of 1098 companies
in the Retail - Cyclical industry
Industry Median: 51.625 vs ASX:MHJ: 119.00

Michael Hill International's Days Payable increased from Dec. 2024 (86.38) to Dec. 2025 (98.94). It may suggest that Michael Hill International delayed paying its suppliers.


Michael Hill International Days Payable Historical Data

* Premium members only.

The historical data trend for Michael Hill International'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.

Michael Hill International Days Payable Chart

Michael Hill International 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 64.63 77.12 68.36 55.52 57.20

Michael Hill International 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 81.51 96.62 86.38 110.01 98.94

ASX:MHJ vs TPR, SIG: Days Payable Comparison

For the Luxury Goods subindustry, Michael Hill International'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.


Michael Hill International Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Michael Hill International's Days Payable distribution charts can be found below:

* The bar in red indicates where Michael Hill International's Days Payable falls into.


ASX:MHJ
57GF Score
Michael Hill International Ltd ASX:MHJ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Michael Hill International 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.

Michael Hill International'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
=( (38.838 + 40.688) / 2 ) / 253.746*365
=39.763 / 253.746*365
=57.20

Michael Hill International'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
=( (40.688 + 116.591) / 2 ) / 145.058*365 / 2
=78.6395 / 145.058*365 / 2
=98.94

* 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 98.94 mean?
Michael Hill International (ASX:MHJ) has a Days Payable of 98.94 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 Michael Hill International and its competitors. This is 94% above median its historical median of 51.09. Over the past decade, Michael Hill International's Days Payable has ranged from 38.57 to 119.00. According to the industry distribution chart, Michael Hill International ranks #191 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 17.4%.
Is Michael Hill International's Days Payable too high?
Michael Hill International's current Days Payable of 98.94 is 94% above median its 10-year median of 51.09. Over the past 10 years, this metric has ranged from a low of 38.57 to a high of 119.00. The Retail - Cyclical industry median Days Payable is 51.63. Michael Hill International's value of 98.94 is 91.7% above this industry median. Based on the distribution chart, Michael Hill International ranks #191 out of 1098 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Michael Hill International has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Michael Hill International's Days Payable compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Michael Hill International ranks #191 out of 1098 companies for Days Payable. This places Michael Hill International in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.63. Michael Hill International's value of 98.94 is 91.7% above this benchmark. Historically, Michael Hill International's own Days Payable has ranged from 38.57 to 119.00 over the past decade. While the company's 10-year median is 51.09 vs. the industry median of 51.63, Michael Hill International 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.63, based on 1,098 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. Michael Hill International's current Days Payable of 98.94 is 91.7% 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 Michael Hill International and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Michael Hill International's current Days Payable is 98.94, which is 94% above median its own 10-year median of 51.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michael Hill International stock overvalued right now?
Based on GuruFocus' analysis, Michael Hill International (ASX:MHJ) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.57, compared to a current price of A$0.33 — trading 42.1% below its estimated fair value. The current Days Payable is 98.94, which is 94% above median its 10-year median of 51.09 and 91.7% above the Retail - Cyclical industry median of 51.63. Michael Hill International's overall GF Score™ is 57/100 with 4 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 Michael Hill International (ASX:MHJ), the current Days Payable is 98.94 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 Michael Hill International (ASX:MHJ) Overvalued in 2026?

Based on GuruFocus' analysis, Michael Hill International stock appears to be undervalued. The current stock price of A$0.33 is trading 42.1% below its estimated GF Value™ of A$0.57. GuruFocus considers Michael Hill International to be Significantly Undervalued.

Key valuation signals for ASX:MHJ:

  • Days Payable: 98.94 (94% above median its 10-year median of 51.09)
  • GF Value™: A$0.57 vs. price of A$0.33 (42.1% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 91.7% above the Retail - Cyclical median (#191 of 1098)

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


Michael Hill International Business Description

Other Exchanges MHJ:New Zealand
Address 34 Southgate Avenue, Cannon Hill, QLD, AUS, 4170
Michael Hill International Ltd is an Australia based specialist retail jewellery chain engaged in the sale of jewellery and related services. It operates stores in Australia, New Zealand and Canada. It derives prime revenue from Australia. The product portfolio of the company includes Rings, Earrings, Pendants and Necklaces, Bracelets, Bangles and other products.
57GF Score

Get the complete analysis for ASX:MHJ

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

A$0.33
Price
A$0.57
GF Value