Modine Manufacturing Co (FRA:MMF) Days Payable: 52.44 (As of Mar. 2026) — Near Median


FRA:MMF Modine Manufacturing Co FRA:MMF
73 GF Score
Price €235.20
GF Value €125.59
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Modine Manufacturing Co Days Payable?

Modine Manufacturing Co FRA:MMF -5.35% 73 Days Payable is 52.44 as of Mar. 2026, which is 6% below its 10-year median of 55.59. GuruFocus rates FRA:MMF with a GF Score™ of 73/100 and a GF Value™ of €125.59 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Modine Manufacturing Co ranks worse than 59.03% on this metric.

Modine Manufacturing Co's average Accounts Payable for the three months ended in Mar. 2026 was €368 Mil. Modine Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €640 Mil. Hence, Modine Manufacturing Co's Days Payable for the three months ended in Mar. 2026 was 52.44.

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

FRA:MMF' s Days Payable Range Over the Past 10 Years
Min: 53.1   Med: 55.59   Max: 62.98
Current: 56.07

During the past 13 years, Modine Manufacturing Co's highest Days Payable was 62.98. The lowest was 53.10. And the median was 55.59.

FRA:MMF's Days Payable is ranked worse than
59.03% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs FRA:MMF: 56.07

Modine Manufacturing Co's Days Payable increased from Mar. 2025 (51.46) to Mar. 2026 (52.44). It may suggest that Modine Manufacturing Co delayed paying its suppliers.


Modine Manufacturing Co Days Payable Historical Data

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The historical data trend for Modine Manufacturing Co'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.

Modine Manufacturing Co Days Payable Chart

Modine Manufacturing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.84 62.11 60.24 53.88 57.79

Modine Manufacturing Co 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 51.46 57.34 58.96 57.88 52.44

FRA:MMF vs BWA, AUR, APTV: Days Payable Comparison

For the Auto Parts subindustry, Modine Manufacturing Co'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.


Modine Manufacturing Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Modine Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Modine Manufacturing Co's Days Payable falls into.


FRA:MMF
73GF Score
Modine Manufacturing Co FRA:MMF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Modine Manufacturing Co 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.

Modine Manufacturing Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (268.99 + 402.052) / 2 ) / 2119.25*365
=335.521 / 2119.25*365
=57.79

Modine Manufacturing Co'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
=( (333.316 + 402.052) / 2 ) / 639.841*365 / 4
=367.684 / 639.841*365 / 4
=52.44

* 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 52.44 mean?
Modine Manufacturing Co (FRA:MMF) has a Days Payable of 52.44 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 Modine Manufacturing Co and its competitors. This is near median its historical median of 55.59. Over the past decade, Modine Manufacturing Co's Days Payable has ranged from 53.10 to 62.98. According to the industry distribution chart, Modine Manufacturing Co ranks #775 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 59%.
Is Modine Manufacturing Co's Days Payable too high?
Modine Manufacturing Co's current Days Payable of 52.44 is near median its 10-year median of 55.59. Over the past 10 years, this metric has ranged from a low of 53.10 to a high of 62.98. The Vehicles & Parts industry median Days Payable is 67.12. Modine Manufacturing Co's value of 52.44 is 21.9% below this industry median. Based on the distribution chart, Modine Manufacturing Co ranks #775 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Modine Manufacturing Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modine Manufacturing Co's Days Payable compare to BWA and AUR?
According to the Vehicles & Parts industry distribution chart, Modine Manufacturing Co ranks #775 out of 1313 companies for Days Payable. This places Modine Manufacturing Co in the lower half of its industry. The industry median Days Payable is 67.12. Modine Manufacturing Co's value of 52.44 is 21.9% below this benchmark. Historically, Modine Manufacturing Co's own Days Payable has ranged from 53.10 to 62.98 over the past decade. While the company's 10-year median is 55.59 vs. the industry median of 67.12, Modine Manufacturing Co 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Modine Manufacturing Co's current Days Payable of 52.44 is 21.9% 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 Modine Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modine Manufacturing Co's current Days Payable is 52.44, which is near median its own 10-year median of 55.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modine Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Modine Manufacturing Co (FRA:MMF) is currently considered Significantly Overvalued. The stock's GF Value™ is €125.59, compared to a current price of €235.20 — trading 87.3% above its estimated fair value. The current Days Payable is 52.44, which is near median its 10-year median of 55.59 and 21.9% below the Vehicles & Parts industry median of 67.12. Modine Manufacturing Co's overall GF Score™ is 73/100 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 Modine Manufacturing Co (FRA:MMF), the current Days Payable is 52.44 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 Modine Manufacturing Co (FRA:MMF) Overvalued in 2026?

Based on GuruFocus' analysis, Modine Manufacturing Co stock appears to be overvalued. The current stock price of €235.20 is trading 87.3% above its estimated GF Value™ of €125.59. GuruFocus considers Modine Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FRA:MMF:

  • Days Payable: 52.44 (near median its 10-year median of 55.59)
  • GF Value™: €125.59 vs. price of €235.20 (87.3% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 21.9% below the Vehicles & Parts median (#775 of 1313)

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


Modine Manufacturing Co Business Description

Other Exchanges MOD:USA1MOD:Italy
Address 1500 DeKoven Avenue, Racine, WI, USA, 53403
Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers. Its operating segments include Climate Solutions and Performance Technologies.
73GF Score

Get the complete analysis for FRA:MMF

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

€235.20
Price
€125.59
GF Value