Mercia Asset Management (LSE:MERC) Days Payable: 107.59 (As of Mar. 2026) — 811% Above Median


LSE:MERC Mercia Asset Management PLC LSE:MERC
56 GF Score
Price £0.27
GF Value £0.32
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Mercia Asset Management Days Payable?

Mercia Asset Management LSE:MERC -1.85% 56 Days Payable is 107.59 as of Mar. 2026, which is 811% above its 10-year median of 11.81. GuruFocus rates LSE:MERC with a GF Score™ of 56/100 and a GF Value™ of £0.32 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 480 Asset Management companies, Mercia Asset Management ranks better than 50.62% on this metric.

Mercia Asset Management's average Accounts Payable for the six months ended in Mar. 2026 was £5.36 Mil. Mercia Asset Management's Cost of Goods Sold for the six months ended in Mar. 2026 was £9.10 Mil. Hence, Mercia Asset Management's Days Payable for the six months ended in Mar. 2026 was 107.59.

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

LSE:MERC' s Days Payable Range Over the Past 10 Years
Min: 5.63   Med: 11.81   Max: 105.91
Current: 72.04

During the past 13 years, Mercia Asset Management's highest Days Payable was 105.91. The lowest was 5.63. And the median was 11.81.

LSE:MERC's Days Payable is ranked better than
50.62% of 480 companies
in the Asset Management industry
Industry Median: 70.635 vs LSE:MERC: 72.04

Mercia Asset Management's Days Payable declined from Mar. 2025 (159.16) to Mar. 2026 (107.59). It may suggest that Mercia Asset Management accelerated paying its suppliers.


Mercia Asset Management Days Payable Historical Data

* Premium members only.

The historical data trend for Mercia Asset Management'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.

Mercia Asset Management Days Payable Chart

Mercia Asset Management Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.28 10.68 6.95 5.63 105.91

Mercia Asset Management Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 148.26 115.22 159.16 4.49 107.59

LSE:MERC vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Mercia Asset Management'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.


Mercia Asset Management Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercia Asset Management's Days Payable distribution charts can be found below:

* The bar in red indicates where Mercia Asset Management's Days Payable falls into.


LSE:MERC
56GF Score
Mercia Asset Management PLC LSE:MERC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercia Asset Management 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.

Mercia Asset Management's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (0.246 + 10.506) / 2 ) / 18.528*365
=5.376 / 18.528*365
=105.91

Mercia Asset Management'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.218 + 10.506) / 2 ) / 9.095*365 / 2
=5.362 / 9.095*365 / 2
=107.59

* 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 107.59 mean?
Mercia Asset Management (LSE:MERC) has a Days Payable of 107.59 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 Mercia Asset Management and its competitors. This is 811% above median its historical median of 11.81. Over the past decade, Mercia Asset Management's Days Payable has ranged from 5.63 to 105.91. According to the industry distribution chart, Mercia Asset Management ranks #237 out of 480 companies in the Asset Management industry, placing it in the top 49.4%.
Is Mercia Asset Management's Days Payable too high?
Mercia Asset Management's current Days Payable of 107.59 is 811% above median its 10-year median of 11.81. Over the past 10 years, this metric has ranged from a low of 5.63 to a high of 105.91. The Asset Management industry median Days Payable is 70.64. Mercia Asset Management's value of 107.59 is 52.3% above this industry median. Based on the distribution chart, Mercia Asset Management ranks #237 out of 480 companies in the Asset Management industry, which is above the industry midpoint. Overall, Mercia Asset Management has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercia Asset Management's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Mercia Asset Management ranks #237 out of 480 companies for Days Payable. This puts Mercia Asset Management in the upper half of its industry. The industry median Days Payable is 70.64. Mercia Asset Management's value of 107.59 is 52.3% above this benchmark. Historically, Mercia Asset Management's own Days Payable has ranged from 5.63 to 105.91 over the past decade. While the company's 10-year median is 11.81 vs. the industry median of 70.64, Mercia Asset Management 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.64, based on 480 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. Mercia Asset Management's current Days Payable of 107.59 is 52.3% 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 Mercia Asset Management and its competitors. For the Asset Management industry, the median Days Payable is 70.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercia Asset Management's current Days Payable is 107.59, which is 811% above median its own 10-year median of 11.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercia Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Mercia Asset Management (LSE:MERC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.32, compared to a current price of £0.27 — trading 17.2% below its estimated fair value. The current Days Payable is 107.59, which is 811% above median its 10-year median of 11.81 and 52.3% above the Asset Management industry median of 70.64. Mercia Asset Management's overall GF Score™ is 56/100 with 6 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 Mercia Asset Management (LSE:MERC), the current Days Payable is 107.59 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 Mercia Asset Management (LSE:MERC) Overvalued in 2026?

Based on GuruFocus' analysis, Mercia Asset Management stock appears to be undervalued. The current stock price of £0.27 is trading 17.2% below its estimated GF Value™ of £0.32. GuruFocus considers Mercia Asset Management to be Modestly Undervalued.

Key valuation signals for LSE:MERC:

  • Days Payable: 107.59 (811% above median its 10-year median of 11.81)
  • GF Value™: £0.32 vs. price of £0.27 (17.2% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 52.3% above the Asset Management median (#237 of 480)

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


Mercia Asset Management Business Description

Address 17 High Street, Forward House, Henley-in-Arden, Warwickshire, GBR, B95 5AA
Mercia Asset Management PLC is a specialist asset manager focusing on supporting regional SMEs. The company provides capital across its four asset classes proprietary balance sheet capital, venture capital, private equity, and debt. The company initially nurtures businesses via its third-party funds under management and then, over time, provides further funding to the companies by deploying direct investment follow-on capital from its balance sheet. It has more than eight offices in the UK region, approx. 20 university partnerships and extensive personal networks, providing it with access to high-quality deal flow.
56GF Score

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

£0.27
Price
£0.32
GF Value