MDU Resources Group (FRA:MRE) Days Payable: 30.93 (As of Mar. 2026) — 20% Below Median

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FRA:MRE MDU Resources Group Inc FRA:MRE
74 GF Score
Price €17.20
GF Value €15.23
Valuation Modestly Overvalued
! 5 Warning Signs
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What is MDU Resources Group Days Payable?

MDU Resources Group FRA:MRE -0.58% 74 Days Payable is 30.93 as of Mar. 2026, which is 20% below its 10-year median of 38.48. GuruFocus rates FRA:MRE with a GF Score™ of 74/100 and a GF Value™ of €15.23 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 482 Utilities - Regulated companies, MDU Resources Group ranks worse than 78.22% on this metric.

MDU Resources Group's average Accounts Payable for the three months ended in Mar. 2026 was €117 Mil. MDU Resources Group's Cost of Goods Sold for the three months ended in Mar. 2026 was €346 Mil. Hence, MDU Resources Group's Days Payable for the three months ended in Mar. 2026 was 30.93.

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

FRA:MRE' s Days Payable Range Over the Past 10 Years
Min: 29.65   Med: 38.48   Max: 145.81
Current: 37.47

During the past 13 years, MDU Resources Group's highest Days Payable was 145.81. The lowest was 29.65. And the median was 38.48.

FRA:MRE's Days Payable is ranked worse than
78.22% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.105 vs FRA:MRE: 37.47

MDU Resources Group's Days Payable increased from Mar. 2025 (25.53) to Mar. 2026 (30.93). It may suggest that MDU Resources Group delayed paying its suppliers.


MDU Resources Group Days Payable Historical Data

* Premium members only.

The historical data trend for MDU Resources Group'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.

MDU Resources Group Days Payable Chart

MDU Resources Group 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 57.70 141.47 99.57 46.73 45.76

MDU Resources Group 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 25.53 41.84 52.38 35.67 30.93

FRA:MRE vs SR, OGS, CPK: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, MDU Resources Group'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.


MDU Resources Group Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MDU Resources Group's Days Payable distribution charts can be found below:

* The bar in red indicates where MDU Resources Group's Days Payable falls into.


FRA:MRE
74GF Score
MDU Resources Group Inc FRA:MRE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MDU Resources Group 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.

MDU Resources Group'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
=( (143.317 + 127.22) / 2 ) / 1079.015*365
=135.2685 / 1079.015*365
=45.76

MDU Resources Group'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
=( (127.22 + 107.586) / 2 ) / 346.314*365 / 4
=117.403 / 346.314*365 / 4
=30.93

* 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 30.93 mean?
MDU Resources Group (FRA:MRE) has a Days Payable of 30.93 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 MDU Resources Group and its competitors. This is 20% below median its historical median of 38.48. Over the past decade, MDU Resources Group's Days Payable has ranged from 29.65 to 145.81. According to the industry distribution chart, MDU Resources Group ranks #377 out of 482 companies in the Utilities - Regulated industry, placing it in the top 78.2%.
Is MDU Resources Group's Days Payable too high?
MDU Resources Group's current Days Payable of 30.93 is 20% below median its 10-year median of 38.48. Over the past 10 years, this metric has ranged from a low of 29.65 to a high of 145.81. The Utilities - Regulated industry median Days Payable is 70.11. MDU Resources Group's value of 30.93 is 55.9% below this industry median. Based on the distribution chart, MDU Resources Group ranks #377 out of 482 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, MDU Resources Group has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDU Resources Group's Days Payable compare to SR and OGS?
According to the Utilities - Regulated industry distribution chart, MDU Resources Group ranks #377 out of 482 companies for Days Payable. This places MDU Resources Group in the lower half of its industry. The industry median Days Payable is 70.11. MDU Resources Group's value of 30.93 is 55.9% below this benchmark. Historically, MDU Resources Group's own Days Payable has ranged from 29.65 to 145.81 over the past decade. While the company's 10-year median is 38.48 vs. the industry median of 70.11, MDU Resources Group 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.11, based on 482 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. MDU Resources Group's current Days Payable of 30.93 is 55.9% 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 MDU Resources Group and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDU Resources Group's current Days Payable is 30.93, which is 20% below median its own 10-year median of 38.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDU Resources Group stock overvalued right now?
Based on GuruFocus' analysis, MDU Resources Group (FRA:MRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.23, compared to a current price of €17.20 — trading 12.9% above its estimated fair value. The current Days Payable is 30.93, which is 20% below median its 10-year median of 38.48 and 55.9% below the Utilities - Regulated industry median of 70.11. MDU Resources Group's overall GF Score™ is 74/100 with 5 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 MDU Resources Group (FRA:MRE), the current Days Payable is 30.93 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 MDU Resources Group (FRA:MRE) Overvalued in 2026?

Based on GuruFocus' analysis, MDU Resources Group stock appears to be overvalued. The current stock price of €17.20 is trading 12.9% above its estimated GF Value™ of €15.23. GuruFocus considers MDU Resources Group to be Modestly Overvalued.

Key valuation signals for FRA:MRE:

  • Days Payable: 30.93 (20% below median its 10-year median of 38.48)
  • GF Value™: €15.23 vs. price of €17.20 (12.9% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 55.9% below the Utilities - Regulated median (#377 of 482)

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


MDU Resources Group Business Description

Other Exchanges MDU:USA
Address 1200 West Century Avenue, P.O. Box 5650, Bismarck, ND, USA, 58506-5650
MDU Resources Group Inc is a pure-play regulated energy delivery business. It is organized into three reportable business segments: Electric, Natural Gas Distribution, and Pipeline. Maximum revenue is generated from the Pipeline segment, which provides natural gas transportation and underground storage services through a FERC-regulated pipeline system mainly in the Rocky Mountain and northern Great Plains regions of the United States. This segment also provides non-regulated energy-related services, including cathodic protection. The electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming, and the natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon, and Washington.
74GF Score

Get the complete analysis for FRA:MRE

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

€17.20
Price
€15.23
GF Value