Mercator Medical (FRA:MM2) Days Payable: 62.08 (As of Mar. 2026) — Near Median


FRA:MM2 Mercator Medical SA FRA:MM2
59 GF Score
Price €11.20
GF Value €11.71
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Mercator Medical Days Payable?

Mercator Medical FRA:MM2 +0.18% 59 Days Payable is 62.08 as of Mar. 2026, which is 9% above its 10-year median of 56.94. GuruFocus rates FRA:MM2 with a GF Score™ of 59/100 and a GF Value™ of €11.71 (Fairly Valued). The stock has 2 warning signs investors should review. Among 796 Medical Devices & Instruments companies, Mercator Medical ranks worse than 61.43% on this metric.

Mercator Medical's average Accounts Payable for the three months ended in Mar. 2026 was €15.0 Mil. Mercator Medical's Cost of Goods Sold for the three months ended in Mar. 2026 was €22.0 Mil. Hence, Mercator Medical's Days Payable for the three months ended in Mar. 2026 was 62.08.

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

FRA:MM2' s Days Payable Range Over the Past 10 Years
Min: 27.58   Med: 56.94   Max: 84.36
Current: 56.94

During the past 13 years, Mercator Medical's highest Days Payable was 84.36. The lowest was 27.58. And the median was 56.94.

FRA:MM2's Days Payable is ranked worse than
61.43% of 796 companies
in the Medical Devices & Instruments industry
Industry Median: 68.14 vs FRA:MM2: 56.94

Mercator Medical's Days Payable declined from Mar. 2025 (63.29) to Mar. 2026 (62.08). It may suggest that Mercator Medical accelerated paying its suppliers.


Mercator Medical Days Payable Historical Data

* Premium members only.

The historical data trend for Mercator Medical'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.

Mercator Medical Days Payable Chart

Mercator Medical Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.58 37.32 41.79 58.65 63.40

Mercator Medical Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 63.29 51.24 51.43 61.27 62.08

FRA:MM2 vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Mercator Medical'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.


Mercator Medical Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mercator Medical's Days Payable distribution charts can be found below:

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


FRA:MM2
59GF Score
Mercator Medical SA FRA:MM2
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercator Medical 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.

Mercator Medical's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (18.004 + 15.064) / 2 ) / 95.182*365
=16.534 / 95.182*365
=63.40

Mercator Medical's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (15.064 + 14.881) / 2 ) / 22.008*365 / 4
=14.9725 / 22.008*365 / 4
=62.08

* 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 62.08 mean?
Mercator Medical (FRA:MM2) has a Days Payable of 62.08 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mercator Medical and its competitors. This is near median its historical median of 56.94. Over the past decade, Mercator Medical's Days Payable has ranged from 27.58 to 84.36. According to the industry distribution chart, Mercator Medical ranks #489 out of 796 companies in the Medical Devices & Instruments industry, placing it in the top 61.4%.
Is Mercator Medical's Days Payable too high?
Mercator Medical's current Days Payable of 62.08 is near median its 10-year median of 56.94. Over the past 10 years, this metric has ranged from a low of 27.58 to a high of 84.36. The Medical Devices & Instruments industry median Days Payable is 68.14. Mercator Medical's value of 62.08 is 8.9% below this industry median. Based on the distribution chart, Mercator Medical ranks #489 out of 796 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Mercator Medical has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercator Medical's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Mercator Medical ranks #489 out of 796 companies for Days Payable. This places Mercator Medical in the lower half of its industry. The industry median Days Payable is 68.14. Mercator Medical's value of 62.08 is 8.9% below this benchmark. Historically, Mercator Medical's own Days Payable has ranged from 27.58 to 84.36 over the past decade. While the company's 10-year median is 56.94 vs. the industry median of 68.14, Mercator Medical 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.14, based on 796 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. Mercator Medical's current Days Payable of 62.08 is 8.9% 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 Mercator Medical and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercator Medical's current Days Payable is 62.08, which is near median its own 10-year median of 56.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercator Medical stock overvalued right now?
Based on GuruFocus' analysis, Mercator Medical (FRA:MM2) is currently considered Fairly Valued. The stock's GF Value™ is €11.71, compared to a current price of €11.20 — trading 4.4% below its estimated fair value. The current Days Payable is 62.08, which is near median its 10-year median of 56.94 and 8.9% below the Medical Devices & Instruments industry median of 68.14. Mercator Medical's overall GF Score™ is 59/100 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 Mercator Medical (FRA:MM2), the current Days Payable is 62.08 as of Mar. 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 Mercator Medical (FRA:MM2) Overvalued in 2026?

Based on GuruFocus' analysis, Mercator Medical stock appears to be undervalued. The current stock price of €11.20 is trading 4.4% below its estimated GF Value™ of €11.71. GuruFocus considers Mercator Medical to be Fairly Valued.

Key valuation signals for FRA:MM2:

  • Days Payable: 62.08 (near median its 10-year median of 56.94)
  • GF Value™: €11.71 vs. price of €11.20 (4.4% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 8.9% below the Medical Devices & Instruments median (#489 of 796)

No single metric tells the full story. See the FRA:MM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercator Medical Business Description

Other Exchanges MRC:Poland
Address Ulica H. Modrzejewska 30, Krakow, POL, 31-327
Mercator Medical SA produces and sells medical gloves and distributor of medical disposables. The company's products - mainly gloves, dressings, disposable clothing and surgical drapes. It operates in Europe and Russia.
59GF Score

Get the complete analysis for FRA:MM2

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

€11.20
Price
€11.71
GF Value