Mustek (JSE:MST) Days Payable: 101.67 (As of Dec. 2025) — 82% Above Median


JSE:MST Mustek Ltd JSE:MST
73 GF Score
Price R15.27
GF Value R12.58
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Mustek Days Payable?

Mustek JSE:MST +2.41% 73 Days Payable is 101.67 as of Dec. 2025, which is 82% above its 10-year median of 55.93. GuruFocus rates JSE:MST with a GF Score™ of 73/100 and a GF Value™ of R12.58 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,441 Hardware companies, Mustek ranks better than 75.79% on this metric.

Mustek's average Accounts Payable for the six months ended in Dec. 2025 was R1,727 Mil. Mustek's Cost of Goods Sold for the six months ended in Dec. 2025 was R3,100 Mil. Hence, Mustek's Days Payable for the six months ended in Dec. 2025 was 101.67.

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

JSE:MST' s Days Payable Range Over the Past 10 Years
Min: 44.97   Med: 55.93   Max: 119.56
Current: 119.56

During the past 13 years, Mustek's highest Days Payable was 119.56. The lowest was 44.97. And the median was 55.93.

JSE:MST's Days Payable is ranked better than
75.79% of 2441 companies
in the Hardware industry
Industry Median: 69.99 vs JSE:MST: 119.56

Mustek's Days Payable declined from Dec. 2024 (108.94) to Dec. 2025 (101.67). It may suggest that Mustek accelerated paying its suppliers.


Mustek Days Payable Historical Data

* Premium members only.

The historical data trend for Mustek'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.

Mustek Days Payable Chart

Mustek Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.07 48.12 53.24 59.10 62.45

Mustek 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 103.37 97.24 108.94 108.29 101.67

JSE:MST vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Mustek'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.


Mustek Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Mustek's Days Payable distribution charts can be found below:

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


JSE:MST
73GF Score
Mustek Ltd JSE:MST
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mustek 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.

Mustek's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (1089.87 + 1040.5) / 2 ) / 6225.21*365
=1065.185 / 6225.21*365
=62.45

Mustek'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
=( (1040.5 + 2413.378) / 2 ) / 3100.005*365 / 2
=1726.939 / 3100.005*365 / 2
=101.67

* 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 101.67 mean?
Mustek (JSE:MST) has a Days Payable of 101.67 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 Mustek and its competitors. This is 82% above median its historical median of 55.93. Over the past decade, Mustek's Days Payable has ranged from 44.97 to 119.56. According to the industry distribution chart, Mustek ranks #591 out of 2441 companies in the Hardware industry, placing it in the top 24.2%.
Is Mustek's Days Payable too high?
Mustek's current Days Payable of 101.67 is 82% above median its 10-year median of 55.93. Over the past 10 years, this metric has ranged from a low of 44.97 to a high of 119.56. The Hardware industry median Days Payable is 69.99. Mustek's value of 101.67 is 45.3% above this industry median. Based on the distribution chart, Mustek ranks #591 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mustek has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mustek's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Mustek ranks #591 out of 2441 companies for Days Payable. This places Mustek in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.99. Mustek's value of 101.67 is 45.3% above this benchmark. Historically, Mustek's own Days Payable has ranged from 44.97 to 119.56 over the past decade. While the company's 10-year median is 55.93 vs. the industry median of 69.99, Mustek 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 Hardware company?
The median Days Payable among Hardware companies is 69.99, based on 2,441 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. Mustek's current Days Payable of 101.67 is 45.3% 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 Mustek and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mustek's current Days Payable is 101.67, which is 82% above median its own 10-year median of 55.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustek stock overvalued right now?
Based on GuruFocus' analysis, Mustek (JSE:MST) is currently considered Modestly Overvalued. The stock's GF Value™ is R12.58, compared to a current price of R15.27 — trading 21.4% above its estimated fair value. The current Days Payable is 101.67, which is 82% above median its 10-year median of 55.93 and 45.3% above the Hardware industry median of 69.99. Mustek's overall GF Score™ is 73/100 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 Mustek (JSE:MST), the current Days Payable is 101.67 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 Mustek (JSE:MST) Overvalued in 2026?

Based on GuruFocus' analysis, Mustek stock appears to be overvalued. The current stock price of R15.27 is trading 21.4% above its estimated GF Value™ of R12.58. GuruFocus considers Mustek to be Modestly Overvalued.

Key valuation signals for JSE:MST:

  • Days Payable: 101.67 (82% above median its 10-year median of 55.93)
  • GF Value™: R12.58 vs. price of R15.27 (21.4% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 45.3% above the Hardware median (#591 of 2441)

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


Mustek Business Description

Address 322 15th Road, Randjespark, Midrand, GT, ZAF, 1685
Mustek Ltd is an assembler and distributor of personal computers and complementary Information and Communication Technology (ICT) products in South Africa. The company's segments include Mustek, Rectron, MIE, and the Group. Mustek includes assembly and distribution of computer products and peripherals, including Mecer-branded products and related services. Rectron includes the distribution of computer components and peripherals. Mecer Inter-Ed (MIE) includes a training provider of accredited training programmes, and the group includes investments in associates and other investments, and loans. Geographically, operates in the region of South Africa. It derives a substantial part of its revenue from the Mustek segment.
73GF Score

Get the complete analysis for JSE:MST

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

R15.27
Price
R12.58
GF Value