Master Drilling Group (JSE:MDI) Days Payable: 78.46 (As of Dec. 2025) — 50% Above Median


JSE:MDI Master Drilling Group Ltd JSE:MDI
84 GF Score
Price R16.00
GF Value R14.20
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Master Drilling Group Days Payable?

Master Drilling Group JSE:MDI 84 Days Payable is 78.46 as of Dec. 2025, which is 50% above its 10-year median of 52.19. GuruFocus rates JSE:MDI with a GF Score™ of 84/100 and a GF Value™ of R14.20 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,713 Construction companies, Master Drilling Group ranks better than 54.47% on this metric.

Master Drilling Group's average Accounts Payable for the six months ended in Dec. 2025 was R843 Mil. Master Drilling Group's Cost of Goods Sold for the six months ended in Dec. 2025 was R1,961 Mil. Hence, Master Drilling Group's Days Payable for the six months ended in Dec. 2025 was 78.46.

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

JSE:MDI' s Days Payable Range Over the Past 10 Years
Min: 36.77   Med: 52.19   Max: 107.38
Current: 84.14

During the past 13 years, Master Drilling Group's highest Days Payable was 107.38. The lowest was 36.77. And the median was 52.19.

JSE:MDI's Days Payable is ranked better than
54.47% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs JSE:MDI: 84.14

Master Drilling Group's Days Payable declined from Dec. 2024 (84.62) to Dec. 2025 (78.46). It may suggest that Master Drilling Group accelerated paying its suppliers.


Master Drilling Group Days Payable Historical Data

* Premium members only.

The historical data trend for Master Drilling 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.

Master Drilling Group Days Payable Chart

Master Drilling 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 51.64 49.72 91.46 107.38 80.44

Master Drilling Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 85.41 111.66 84.62 97.14 78.46

JSE:MDI vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Master Drilling 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.


Master Drilling Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Master Drilling Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Master Drilling Group's Days Payable falls into.


JSE:MDI
84GF Score
Master Drilling Group Ltd JSE:MDI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Master Drilling 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.

Master Drilling 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
=( (814.955 + 738.35) / 2 ) / 3524.313*365
=776.6525 / 3524.313*365
=80.44

Master Drilling Group's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (947.336 + 738.35) / 2 ) / 1960.589*365 / 2
=842.843 / 1960.589*365 / 2
=78.46

* 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 78.46 mean?
Master Drilling Group (JSE:MDI) has a Days Payable of 78.46 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Master Drilling Group and its competitors. This is 50% above median its historical median of 52.19. Over the past decade, Master Drilling Group's Days Payable has ranged from 36.77 to 107.38. According to the industry distribution chart, Master Drilling Group ranks #780 out of 1713 companies in the Construction industry, placing it in the top 45.5%.
Is Master Drilling Group's Days Payable too high?
Master Drilling Group's current Days Payable of 78.46 is 50% above median its 10-year median of 52.19. Over the past 10 years, this metric has ranged from a low of 36.77 to a high of 107.38. The Construction industry median Days Payable is 76.49. Master Drilling Group's value of 78.46 is 2.6% above this industry median. Based on the distribution chart, Master Drilling Group ranks #780 out of 1713 companies in the Construction industry, which is above the industry midpoint. Overall, Master Drilling Group has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Master Drilling Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Master Drilling Group ranks #780 out of 1713 companies for Days Payable. This puts Master Drilling Group in the upper half of its industry. The industry median Days Payable is 76.49. Master Drilling Group's value of 78.46 is 2.6% above this benchmark. Historically, Master Drilling Group's own Days Payable has ranged from 36.77 to 107.38 over the past decade. While the company's 10-year median is 52.19 vs. the industry median of 76.49, Master Drilling Group 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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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. Master Drilling Group's current Days Payable of 78.46 is 2.6% 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 Master Drilling Group and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Drilling Group's current Days Payable is 78.46, which is 50% above median its own 10-year median of 52.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Drilling Group stock overvalued right now?
Based on GuruFocus' analysis, Master Drilling Group (JSE:MDI) is currently considered Modestly Overvalued. The stock's GF Value™ is R14.20, compared to a current price of R16.00 — trading 12.7% above its estimated fair value. The current Days Payable is 78.46, which is 50% above median its 10-year median of 52.19 and 2.6% above the Construction industry median of 76.49. Master Drilling Group's overall GF Score™ is 84/100 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 Master Drilling Group (JSE:MDI), the current Days Payable is 78.46 as of Dec. 2025. 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 Master Drilling Group (JSE:MDI) Overvalued in 2026?

Based on GuruFocus' analysis, Master Drilling Group stock appears to be overvalued. The current stock price of R16.00 is trading 12.7% above its estimated GF Value™ of R14.20. GuruFocus considers Master Drilling Group to be Modestly Overvalued.

Key valuation signals for JSE:MDI:

  • Days Payable: 78.46 (50% above median its 10-year median of 52.19)
  • GF Value™: R14.20 vs. price of R16.00 (12.7% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 2.6% above the Construction median (#780 of 1713)

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


Master Drilling Group Business Description

Other Exchanges I49:Germany
Address 4 Bosman Street, PO Box 902, Fochville, GT, ZAF, 2515
Master Drilling Group Ltd is an investment holding company. The company along with its subsidiary companies is engaged in providing specialized drilling services and solutions that enforce business rules, optimize output, safeguard miners, protect/manage assets and locate missing persons for blue-chip and mid-tier companies in the mining, civil engineering, construction and hydroelectric power sectors across a number of commodities and geographies. Its activities include the Sale of industrial products, Raise boring, Support services, Slim drilling, and New rock boring technology.
84GF Score

Get the complete analysis for JSE:MDI

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

R16.00
Price
R14.20
GF Value