Mitchell Services (ASX:MSV) Days Payable: 125.13 (As of Jun. 2026) — 38% Below Median

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ASX:MSV Mitchell Services Ltd ASX:MSV
55 GF Score
Price A$0.53
GF Value A$0.34
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Mitchell Services Days Payable?

Mitchell Services ASX:MSV +3.96% 55 Days Payable is 125.13 as of Jun. 2026, which is 38% below its 10-year median of 202.17. GuruFocus rates ASX:MSV with a GF Score™ of 55/100 and a GF Value™ of A$0.34 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,067 Metals & Mining companies, Mitchell Services ranks better than 60.92% on this metric.

Mitchell Services's average Accounts Payable for the six months ended in Jun. 2026 was A$15.0 Mil. Mitchell Services's Cost of Goods Sold for the six months ended in Jun. 2026 was A$21.9 Mil. Hence, Mitchell Services's Days Payable for the six months ended in Jun. 2026 was 125.13.

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

ASX:MSV' s Days Payable Range Over the Past 10 Years
Min: 158.26   Med: 202.17   Max: 230.55
Current: 230.44

During the past 13 years, Mitchell Services's highest Days Payable was 230.55. The lowest was 158.26. And the median was 202.17.

ASX:MSV's Days Payable is ranked better than
60.92% of 1067 companies
in the Metals & Mining industry
Industry Median: 121.51 vs ASX:MSV: 230.44

Mitchell Services's Days Payable declined from Jun. 2025 (137.08) to Jun. 2026 (125.13). It may suggest that Mitchell Services accelerated paying its suppliers.


Mitchell Services Days Payable Historical Data

* Premium members only.

The historical data trend for Mitchell 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.

Mitchell Services Days Payable Chart

Mitchell Services Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 200.45 166.68 158.26 211.22 203.89

Mitchell Services Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 107.31 0.00 137.08 0.00 125.13

Mitchell Services Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mitchell 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.


Mitchell Services Days Payable vs Metals & Mining Industry

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

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


ASX:MSV
55GF Score
Mitchell Services Ltd ASX:MSV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitchell 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.

Mitchell Services's Days Payable for the fiscal year that ended in Jun. 2026 is calculated as

Days Payable (A: Jun. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2025 ) + Accounts Payable (A: Jun. 2026 )) / count ) / Cost of Goods Sold (A: Jun. 2026 )*Days in Period
=( (11.425 + 12.989) / 2 ) / 21.853*365
=12.207 / 21.853*365
=203.89

Mitchell Services's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (16.977 + 12.989) / 2 ) / 21.853*365 / 2
=14.983 / 21.853*365 / 2
=125.13

* 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 125.13 mean?
Mitchell Services (ASX:MSV) has a Days Payable of 125.13 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mitchell Services and its competitors. This is 38% below median its historical median of 202.17. Over the past decade, Mitchell Services' Days Payable has ranged from 158.26 to 230.55. According to the industry distribution chart, Mitchell Services ranks #417 out of 1067 companies in the Metals & Mining industry, placing it in the top 39.1%.
Is Mitchell Services' Days Payable too high?
Mitchell Services' current Days Payable of 125.13 is 38% below median its 10-year median of 202.17. Over the past 10 years, this metric has ranged from a low of 158.26 to a high of 230.55. The Metals & Mining industry median Days Payable is 121.51. Mitchell Services' value of 125.13 is 3% above this industry median. Based on the distribution chart, Mitchell Services ranks #417 out of 1067 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Mitchell Services has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitchell Services' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Mitchell Services ranks #417 out of 1067 companies for Days Payable. This puts Mitchell Services in the upper half of its industry. The industry median Days Payable is 121.51. Mitchell Services' value of 125.13 is 3% above this benchmark. Historically, Mitchell Services' own Days Payable has ranged from 158.26 to 230.55 over the past decade. While the company's 10-year median is 202.17 vs. the industry median of 121.51, Mitchell Services 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 121.51, based on 1,067 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. Mitchell Services's current Days Payable of 125.13 is 3% 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 Mitchell Services and its competitors. For the Metals & Mining industry, the median Days Payable is 121.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitchell Services's current Days Payable is 125.13, which is 38% below median its own 10-year median of 202.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitchell Services stock overvalued right now?
Based on GuruFocus' analysis, Mitchell Services (ASX:MSV) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.34, compared to a current price of A$0.53 — trading 54.4% above its estimated fair value. The current Days Payable is 125.13, which is 38% below median its 10-year median of 202.17 and 3% above the Metals & Mining industry median of 121.51. Mitchell Services' overall GF Score™ is 55/100 with 2 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 Mitchell Services (ASX:MSV), the current Days Payable is 125.13 as of Jun. 2026. 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 Mitchell Services (ASX:MSV) Overvalued in 2026?

Based on GuruFocus' analysis, Mitchell Services stock appears to be overvalued. The current stock price of A$0.53 is trading 54.4% above its estimated GF Value™ of A$0.34. GuruFocus considers Mitchell Services to be Significantly Overvalued.

Key valuation signals for ASX:MSV:

  • Days Payable: 125.13 (38% below median its 10-year median of 202.17)
  • GF Value™: A$0.34 vs. price of A$0.53 (54.4% above fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 3% above the Metals & Mining median (#417 of 1067)

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


Mitchell Services Business Description

Other Exchanges LB8:Germany
Address 112 Bluestone Circuit, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
Mitchell Services Ltd provides drilling services to the global exploration, mining, and energy industries. Its services extend across three key drilling divisions namely exploration, mine services, and underground. It provides drilling solutions at all stages of the mining lifecycle in both the minerals and energy sectors. The group's services include grassroots exploration, project feasibility, construction, production, closure and remediation. The company generates the majority of its revenue from Surface drilling services.
55GF Score

Get the complete analysis for ASX:MSV

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

A$0.53
Price
A$0.34
GF Value