Mincon Group (LSE:MCON) Days Payable: 38.65 (As of Dec. 2025) — 17% Below Median


LSE:MCON Mincon Group PLC LSE:MCON
54 GF Score
Price £0.59
GF Value £0.40
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mincon Group Days Payable?

Mincon Group LSE:MCON +3.54% 54 Days Payable is 38.65 as of Dec. 2025, which is 17% below its 10-year median of 46.80. GuruFocus rates LSE:MCON with a GF Score™ of 54/100 and a GF Value™ of £0.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Mincon Group ranks worse than 81.48% on this metric.

Mincon Group's average Accounts Payable for the six months ended in Dec. 2025 was £9.7 Mil. Mincon Group's Cost of Goods Sold for the six months ended in Dec. 2025 was £45.7 Mil. Hence, Mincon Group's Days Payable for the six months ended in Dec. 2025 was 38.65.

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

LSE:MCON' s Days Payable Range Over the Past 10 Years
Min: 34.48   Med: 46.8   Max: 53.37
Current: 36.88

During the past 13 years, Mincon Group's highest Days Payable was 53.37. The lowest was 34.48. And the median was 46.80.

LSE:MCON's Days Payable is ranked worse than
81.48% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs LSE:MCON: 36.88

Mincon Group's Days Payable increased from Dec. 2024 (37.43) to Dec. 2025 (38.65). It may suggest that Mincon Group delayed paying its suppliers.


Mincon Group Days Payable Historical Data

* Premium members only.

The historical data trend for Mincon 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.

Mincon Group Days Payable Chart

Mincon 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 51.20 46.82 41.05 35.22 34.14

Mincon 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 40.65 41.77 37.43 36.01 38.65

LSE:MCON vs SNA, RBC, LECO: Days Payable Comparison

For the Tools & Accessories subindustry, Mincon 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.


Mincon Group Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mincon Group's Days Payable distribution charts can be found below:

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


LSE:MCON
54GF Score
Mincon Group PLC LSE:MCON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mincon 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.

Mincon 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
=( (7.595 + 9.47) / 2 ) / 91.217*365
=8.5325 / 91.217*365
=34.14

Mincon 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
=( (9.873 + 9.47) / 2 ) / 45.671*365 / 2
=9.6715 / 45.671*365 / 2
=38.65

* 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 38.65 mean?
Mincon Group (LSE:MCON) has a Days Payable of 38.65 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 Mincon Group and its competitors. This is 17% below median its historical median of 46.80. Over the past decade, Mincon Group's Days Payable has ranged from 34.48 to 53.37. According to the industry distribution chart, Mincon Group ranks #2437 out of 2991 companies in the Industrial Products industry, placing it in the top 81.5%.
Is Mincon Group's Days Payable too high?
Mincon Group's current Days Payable of 38.65 is 17% below median its 10-year median of 46.80. Over the past 10 years, this metric has ranged from a low of 34.48 to a high of 53.37. The Industrial Products industry median Days Payable is 78.08. Mincon Group's value of 38.65 is 50.5% below this industry median. Based on the distribution chart, Mincon Group ranks #2437 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mincon Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mincon Group's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Mincon Group ranks #2437 out of 2991 companies for Days Payable. This places Mincon Group in the lower half of its industry. The industry median Days Payable is 78.08. Mincon Group's value of 38.65 is 50.5% below this benchmark. Historically, Mincon Group's own Days Payable has ranged from 34.48 to 53.37 over the past decade. While the company's 10-year median is 46.80 vs. the industry median of 78.08, Mincon 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Mincon Group's current Days Payable of 38.65 is 50.5% 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 Mincon Group and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mincon Group's current Days Payable is 38.65, which is 17% below median its own 10-year median of 46.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mincon Group stock overvalued right now?
Based on GuruFocus' analysis, Mincon Group (LSE:MCON) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.40, compared to a current price of £0.59 — trading 46.3% above its estimated fair value. The current Days Payable is 38.65, which is 17% below median its 10-year median of 46.80 and 50.5% below the Industrial Products industry median of 78.08. Mincon Group's overall GF Score™ is 54/100 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 Mincon Group (LSE:MCON), the current Days Payable is 38.65 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 Mincon Group (LSE:MCON) Overvalued in 2026?

Based on GuruFocus' analysis, Mincon Group stock appears to be overvalued. The current stock price of £0.59 is trading 46.3% above its estimated GF Value™ of £0.40. GuruFocus considers Mincon Group to be Significantly Overvalued.

Key valuation signals for LSE:MCON:

  • Days Payable: 38.65 (17% below median its 10-year median of 46.80)
  • GF Value™: £0.40 vs. price of £0.59 (46.3% above fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 50.5% below the Industrial Products median (#2437 of 2991)

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


Mincon Group Business Description

Other Exchanges MIO:Ireland
Address Smithstown Industrial Estate, County Clare, Shannon, IRL
Mincon Group PLC designs, produces, and sells rock drilling tools. Its products are used in the mining exploration, oil and gas production, water well drilling, geothermal drilling, and seismic drilling sectors. Mincon's product offerings include conventional down-the-hole hammers, inverted circulation down-the-hole hammers, horizontal directional drilling systems, mast integration systems, drill pipes, and shock absorbers, among others. It also provides training, after-sales support, and related services to customers through its network of sales and distribution companies. Maximum revenue is derived from the sale of drilling equipment. Geographically, the company generates maximum revenue from Europe, Middle East, Africa (EMEA), followed by the Americas, Australasia, and Ireland.
54GF Score

Get the complete analysis for LSE:MCON

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

£0.59
Price
£0.40
GF Value