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MantenguJSE:MTU 21 Days Payable is 162.05 as of Feb. 2026, which is 55% below its 10-year median of 358.79. GuruFocus rates JSE:MTU with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,065 Metals & Mining companies, Mantengu ranks better than 55.02% on this metric.
Mantengu's average Accounts Payable for the
six
months ended in Feb. 2026 was R174.2 Mil. Mantengu's Cost of Goods Sold for the
six
months ended in Feb. 2026 was R196.1 Mil.
Hence, Mantengu's Days Payable for the
six
months ended in Feb. 2026 was 162.05.
The historical rank and industry rank for Mantengu's Days Payable or its related term are showing as below:
JSE:MTU'
s Days Payable Range Over the Past 10 Years
Min: 154.64 Med: 358.79 Max: 634.39
Current: 164.92
During the past 13 years, Mantengu's highest Days Payable was 634.39. The lowest was 154.64. And the median was 358.79.
JSE:MTU's Days Payable is ranked better than 55.02% of 1065
companies
in the Metals & Mining industry
Industry Median: 124.95
vs JSE:MTU: 164.92
Mantengu's Days Payable
declined
from Feb. 2025 (219.46) to Feb. 2026 (162.05).
It may suggest that Mantenguaccelerated paying its suppliers.
The historical data trend for Mantengu'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.
For the Other Industrial Metals & Mining subindustry, Mantengu'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.
Mantengu Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mantengu's Days Payable distribution charts can be found below:
* The bar in red indicates where Mantengu's Days Payable falls into.
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.
Mantengu's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as
* 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.
Mantengu (JSE:MTU) has a Days Payable of 162.05 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mantengu and its competitors. This is 55% below median its historical median of 358.79. Over the past decade, Mantengu's Days Payable has ranged from 154.64 to 634.39. According to the industry distribution chart, Mantengu ranks #479 out of 1065 companies in the Metals & Mining industry, placing it in the top 45%.
Is Mantengu's Days Payable too high?
Mantengu's current Days Payable of 162.05 is 55% below median its 10-year median of 358.79. Over the past 10 years, this metric has ranged from a low of 154.64 to a high of 634.39. The Metals & Mining industry median Days Payable is 124.95. Mantengu's value of 162.05 is 29.7% above this industry median. Based on the distribution chart, Mantengu ranks #479 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Mantengu has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Mantengu's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Mantengu ranks #479 out of 1065 companies for Days Payable. This puts Mantengu in the upper half of its industry. The industry median Days Payable is 124.95. Mantengu's value of 162.05 is 29.7% above this benchmark. Historically, Mantengu's own Days Payable has ranged from 154.64 to 634.39 over the past decade. While the company's 10-year median is 358.79 vs. the industry median of 124.95, Mantengu 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 124.95, based on 1,065 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. Mantengu's current Days Payable of 162.05 is 29.7% 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 Mantengu and its competitors. For the Metals & Mining industry, the median Days Payable is 124.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mantengu's current Days Payable is 162.05, which is 55% below median its own 10-year median of 358.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mantengu stock overvalued right now?
Mantengu (JSE:MTU) has a current Days Payable of 162.05. The current Days Payable is 162.05, which is 55% below median its 10-year median of 358.79 and 29.7% above the Metals & Mining industry median of 124.95. Mantengu's overall GF Score™ is 21/100 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 Mantengu (JSE:MTU), the current Days Payable is 162.05 as of Feb. 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.
Mantengu Ltd Formerly Mantengu Mining Ltd is a resource investment company. Along with its subsidiaries, the group is engaged in chrome and platinum mining operations on the Langpan 371KQ farm in Limpopo Province, purchasing and leasing mining equipment, chrome processing and mining, and manufacturing and distributing silicon carbide. Its reportable segments are: silicone carbide, chrome, and corporate. The reportable operating segments derive their revenue predominantly from mining, extraction, production, and selling Chrome concentrate, manufacturing and selling silicone carbide, and corporate services. The majority of the group's revenue is generated from the Chrome segment. Geographically, it generates maximum revenue from Europe, followed by South Africa, China, and the USA.
21GF Score
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