MillerKnoll (FRA:MHR) Days Payable: 40.49 (As of May. 2026) — Near Median


FRA:MHR MillerKnoll Inc FRA:MHR
64 GF Score
Price €18.30
GF Value €19.60
Valuation Fairly Valued
! 7 Warning Signs
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What is MillerKnoll Days Payable?

MillerKnoll FRA:MHR +3.98% 64 Days Payable is 40.49 as of May. 2026, which is 2% above its 10-year median of 39.72. GuruFocus rates FRA:MHR with a GF Score™ of 64/100 and a GF Value™ of €19.60 (Fairly Valued). The stock has 7 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, MillerKnoll ranks worse than 72.29% on this metric.

MillerKnoll's average Accounts Payable for the three months ended in May. 2026 was €231 Mil. MillerKnoll's Cost of Goods Sold for the three months ended in May. 2026 was €521 Mil. Hence, MillerKnoll's Days Payable for the three months ended in May. 2026 was 40.49.

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

FRA:MHR' s Days Payable Range Over the Past 10 Years
Min: 35.51   Med: 39.72   Max: 42.9
Current: 41.12

During the past 13 years, MillerKnoll's highest Days Payable was 42.90. The lowest was 35.51. And the median was 39.72.

FRA:MHR's Days Payable is ranked worse than
72.29% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.14 vs FRA:MHR: 41.12

MillerKnoll's Days Payable declined from May. 2025 (41.26) to May. 2026 (40.49). It may suggest that MillerKnoll accelerated paying its suppliers.


MillerKnoll Days Payable Historical Data

* Premium members only.

The historical data trend for MillerKnoll'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.

MillerKnoll Days Payable Chart

MillerKnoll Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.91 43.59 42.09 42.48 43.45

MillerKnoll Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 41.26 41.44 39.83 41.91 40.49

FRA:MHR vs MBC, LEG, LZB: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, MillerKnoll'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.


MillerKnoll Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MillerKnoll's Days Payable distribution charts can be found below:

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


FRA:MHR
64GF Score
MillerKnoll Inc FRA:MHR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MillerKnoll 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.

MillerKnoll's Days Payable for the fiscal year that ended in May. 2026 is calculated as

Days Payable (A: May. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2025 ) + Accounts Payable (A: May. 2026 )) / count ) / Cost of Goods Sold (A: May. 2026 )*Days in Period
=( (240.643 + 238.91) / 2 ) / 2014.082*365
=239.7765 / 2014.082*365
=43.45

MillerKnoll's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2026 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (223.429 + 238.91) / 2 ) / 520.961*365 / 4
=231.1695 / 520.961*365 / 4
=40.49

* 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 40.49 mean?
MillerKnoll (FRA:MHR) has a Days Payable of 40.49 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MillerKnoll and its competitors. This is near median its historical median of 39.72. Over the past decade, MillerKnoll's Days Payable has ranged from 35.51 to 42.90. According to the industry distribution chart, MillerKnoll ranks #300 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 72.3%.
Is MillerKnoll's Days Payable too high?
MillerKnoll's current Days Payable of 40.49 is near median its 10-year median of 39.72. Over the past 10 years, this metric has ranged from a low of 35.51 to a high of 42.90. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.14. MillerKnoll's value of 40.49 is 36.9% below this industry median. Based on the distribution chart, MillerKnoll ranks #300 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, MillerKnoll has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MillerKnoll's Days Payable compare to MBC and LEG?
According to the Furnishings, Fixtures & Appliances industry distribution chart, MillerKnoll ranks #300 out of 415 companies for Days Payable. This places MillerKnoll in the lower half of its industry. The industry median Days Payable is 64.14. MillerKnoll's value of 40.49 is 36.9% below this benchmark. Historically, MillerKnoll's own Days Payable has ranged from 35.51 to 42.90 over the past decade. While the company's 10-year median is 39.72 vs. the industry median of 64.14, MillerKnoll 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.14, based on 415 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. MillerKnoll's current Days Payable of 40.49 is 36.9% 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 MillerKnoll and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MillerKnoll's current Days Payable is 40.49, which is near median its own 10-year median of 39.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MillerKnoll stock overvalued right now?
Based on GuruFocus' analysis, MillerKnoll (FRA:MHR) is currently considered Fairly Valued. The stock's GF Value™ is €19.60, compared to a current price of €18.30 — trading 6.6% below its estimated fair value. The current Days Payable is 40.49, which is near median its 10-year median of 39.72 and 36.9% below the Furnishings, Fixtures & Appliances industry median of 64.14. MillerKnoll's overall GF Score™ is 64/100 with 7 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 MillerKnoll (FRA:MHR), the current Days Payable is 40.49 as of May. 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 MillerKnoll (FRA:MHR) Overvalued in 2026?

Based on GuruFocus' analysis, MillerKnoll stock appears to be undervalued. The current stock price of €18.30 is trading 6.6% below its estimated GF Value™ of €19.60. GuruFocus considers MillerKnoll to be Fairly Valued.

Key valuation signals for FRA:MHR:

  • Days Payable: 40.49 (near median its 10-year median of 39.72)
  • GF Value™: €19.60 vs. price of €18.30 (6.6% below fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 36.9% below the Furnishings, Fixtures & Appliances median (#300 of 415)

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


MillerKnoll Business Description

Other Exchanges MLKN:USA
Address 855 East Main Avenue, P.O. Box 302, Zeeland, MI, USA, 49464
MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract, International Contract, and Global Retail. The company's products are sold through a variety of sources, including owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. The independent retailer division generates the majority of the firm's overall sales.
64GF Score

Get the complete analysis for FRA:MHR

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

€18.30
Price
€19.60
GF Value