Maritana Minerals (ASX:MRT) Days Payable: 55.15 (As of Dec. 2025) — 46% Below Median


ASX:MRT Maritana Minerals Ltd ASX:MRT
49 GF Score
Price A$0.66
GF Value A$64.10
Valuation Possible Value Trap
! 3 Warning Signs
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What is Maritana Minerals Days Payable?

Maritana Minerals ASX:MRT +0.77% 49 Days Payable is 55.15 as of Dec. 2025, which is 46% below its 10-year median of 102.66. GuruFocus rates ASX:MRT with a GF Score™ of 49/100 and a GF Value™ of A$64.10 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Maritana Minerals ranks worse than 65.41% on this metric.

Maritana Minerals's average Accounts Payable for the six months ended in Dec. 2025 was A$12.10 Mil. Maritana Minerals's Cost of Goods Sold for the six months ended in Dec. 2025 was A$40.04 Mil. Hence, Maritana Minerals's Days Payable for the six months ended in Dec. 2025 was 55.15.

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

ASX:MRT' s Days Payable Range Over the Past 10 Years
Min: 49.21   Med: 102.66   Max: 854282.5
Current: 65.35

During the past 13 years, Maritana Minerals's highest Days Payable was 854282.50. The lowest was 49.21. And the median was 102.66.

ASX:MRT's Days Payable is ranked worse than
65.41% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs ASX:MRT: 65.35

Maritana Minerals's Days Payable increased from Dec. 2024 (0.00) to Dec. 2025 (55.15). It may suggest that Maritana Minerals delayed paying its suppliers.


Maritana Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Maritana Minerals'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.

Maritana Minerals Days Payable Chart

Maritana Minerals 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 49.21 419.25 854,282.50 0.00 73.46

Maritana Minerals 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 0.00 0.00 0.00 71.78 55.15

ASX:MRT vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Maritana Minerals'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.


Maritana Minerals Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Maritana Minerals's Days Payable falls into.


ASX:MRT
49GF Score
Maritana Minerals Ltd ASX:MRT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maritana Minerals 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.

Maritana Minerals'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
=( (1.068 + 11.24) / 2 ) / 30.578*365
=6.154 / 30.578*365
=73.46

Maritana Minerals'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
=( (11.24 + 12.962) / 2 ) / 40.043*365 / 2
=12.101 / 40.043*365 / 2
=55.15

* 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 55.15 mean?
Maritana Minerals (ASX:MRT) has a Days Payable of 55.15 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 Maritana Minerals and its competitors. This is 46% below median its historical median of 102.66. Over the past decade, Maritana Minerals' Days Payable has ranged from 49.21 to 854,282.50. According to the industry distribution chart, Maritana Minerals ranks #696 out of 1064 companies in the Metals & Mining industry, placing it in the top 65.4%.
Is Maritana Minerals' Days Payable too high?
Maritana Minerals' current Days Payable of 55.15 is 46% below median its 10-year median of 102.66. Over the past 10 years, this metric has ranged from a low of 49.21 to a high of 854,282.50. The Metals & Mining industry median Days Payable is 127.62. Maritana Minerals' value of 55.15 is 56.8% below this industry median. Based on the distribution chart, Maritana Minerals ranks #696 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Maritana Minerals has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maritana Minerals' Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Maritana Minerals ranks #696 out of 1064 companies for Days Payable. This places Maritana Minerals in the lower half of its industry. The industry median Days Payable is 127.62. Maritana Minerals' value of 55.15 is 56.8% below this benchmark. Historically, Maritana Minerals' own Days Payable has ranged from 49.21 to 854,282.50 over the past decade. While the company's 10-year median is 102.66 vs. the industry median of 127.62, Maritana Minerals 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. Maritana Minerals's current Days Payable of 55.15 is 56.8% 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 Maritana Minerals 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. Maritana Minerals's current Days Payable is 55.15, which is 46% below median its own 10-year median of 102.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maritana Minerals stock overvalued right now?
Based on GuruFocus' analysis, Maritana Minerals (ASX:MRT) is currently considered Possible Value Trap. The stock's GF Value™ is A$64.10, compared to a current price of A$0.66 — trading 99% below its estimated fair value. The current Days Payable is 55.15, which is 46% below median its 10-year median of 102.66 and 56.8% below the Metals & Mining industry median of 127.62. Maritana Minerals' overall GF Score™ is 49/100 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 Maritana Minerals (ASX:MRT), the current Days Payable is 55.15 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 Maritana Minerals (ASX:MRT) Overvalued in 2026?

Based on GuruFocus' analysis, Maritana Minerals stock appears to be undervalued. The current stock price of A$0.66 is trading 99% below its estimated GF Value™ of A$64.10. GuruFocus considers Maritana Minerals to be Possible Value Trap.

Key valuation signals for ASX:MRT:

  • Days Payable: 55.15 (46% below median its 10-year median of 102.66)
  • GF Value™: A$64.10 vs. price of A$0.66 (99% below fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 56.8% below the Metals & Mining median (#696 of 1064)

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


Maritana Minerals Business Description

Other Exchanges HRZMF:USAI6R0:Germany
Address 16 Ord Street, Level 2, West Perth, Perth, WA, AUS, 6005
Maritana Minerals Ltd is an emerging gold producer that operates in the Western Australian Goldfields. The group owned around 100% Black Swan processing hub (BSPH), located in Kalgoorlie-Boulder in the Eastern Goldfields region of Western Australia. The BSPH is strategically positioned within an established mining and processing corridor and benefits from proximity to high-quality regional infrastructure, including sealed highway access, existing connection to grid power, established mining services, and the city of Kalgoorlie-Boulder, which provides a skilled workforce, freight logistics, and regional airport facilities.
49GF Score

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

A$0.66
Price
A$64.10
GF Value