Mkango Resources (LSE:MKA) Days Payable: 1,433.54 (As of Mar. 2026) — 53% Below Median


LSE:MKA Mkango Resources Ltd LSE:MKA
31 GF Score
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What is Mkango Resources Days Payable?

Mkango Resources LSE:MKA +1.22% 31 Days Payable is 1,433.54 as of Mar. 2026, which is 53% below its 10-year median of 3,024.29. GuruFocus rates LSE:MKA with a GF Score™ of 31/100. The stock has 4 warning signs investors should review. Among 1,064 Metals & Mining companies, Mkango Resources ranks better than 84.21% on this metric.

Mkango Resources's average Accounts Payable for the three months ended in Mar. 2026 was £0.79 Mil. Mkango Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was £0.05 Mil. Hence, Mkango Resources's Days Payable for the three months ended in Mar. 2026 was 1,433.54.

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

LSE:MKA' s Days Payable Range Over the Past 10 Years
Min: 167.66   Med: 3024.29   Max: 6645.43
Current: 6645.43

During the past 13 years, Mkango Resources's highest Days Payable was 6645.43. The lowest was 167.66. And the median was 3024.29.

LSE:MKA's Days Payable is ranked better than
84.21% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs LSE:MKA: 6645.43

Mkango Resources's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (1,433.54). It may suggest that Mkango Resources delayed paying its suppliers.


Mkango Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Mkango Resources'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.

Mkango Resources Days Payable Chart

Mkango Resources 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 0.00 0.00 0.00 171.67 328.89

Mkango Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 0.00 0.00 1,433.54

Mkango Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mkango Resources'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.


Mkango Resources Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mkango Resources's Days Payable distribution charts can be found below:

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


LSE:MKA
31GF Score
Mkango Resources Ltd LSE:MKA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mkango Resources 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.

Mkango Resources'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
=( (0.32 + 0.855) / 2 ) / 0.652*365
=0.5875 / 0.652*365
=328.89

Mkango Resources'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.855 + 0.716) / 2 ) / 0.05*365 / 4
=0.7855 / 0.05*365 / 4
=1,433.54

* 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 1,433.54 mean?
Mkango Resources (LSE:MKA) has a Days Payable of 1,433.54 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 Mkango Resources and its competitors. This is 53% below median its historical median of 3,024.29. Over the past decade, Mkango Resources' Days Payable has ranged from 167.66 to 6,645.43. According to the industry distribution chart, Mkango Resources ranks #168 out of 1064 companies in the Metals & Mining industry, placing it in the top 15.8%.
Is Mkango Resources' Days Payable too high?
Mkango Resources' current Days Payable of 1,433.54 is 53% below median its 10-year median of 3,024.29. Over the past 10 years, this metric has ranged from a low of 167.66 to a high of 6,645.43. The Metals & Mining industry median Days Payable is 126.89. Mkango Resources' value of 1,433.54 is 1029.8% above this industry median. Based on the distribution chart, Mkango Resources ranks #168 out of 1064 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mkango Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Mkango Resources' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Mkango Resources ranks #168 out of 1064 companies for Days Payable. This places Mkango Resources in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 126.89. Mkango Resources' value of 1,433.54 is 1029.8% above this benchmark. Historically, Mkango Resources' own Days Payable has ranged from 167.66 to 6,645.43 over the past decade. While the company's 10-year median is 3,024.29 vs. the industry median of 126.89, Mkango Resources 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 126.89, based on 1,064 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. Mkango Resources's current Days Payable of 1,433.54 is 1029.8% 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 Mkango Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mkango Resources's current Days Payable is 1,433.54, which is 53% below median its own 10-year median of 3,024.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mkango Resources stock overvalued right now?
Mkango Resources (LSE:MKA) has a current Days Payable of 1,433.54. The current Days Payable is 1,433.54, which is 53% below median its 10-year median of 3,024.29 and 1029.8% above the Metals & Mining industry median of 126.89. Mkango Resources' overall GF Score™ is 31/100 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 Mkango Resources (LSE:MKA), the current Days Payable is 1,433.54 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.

Mkango Resources Business Description

Address 550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project. The company operates in three reportable segments: Rare earths recycling projects; Rare earths mining and refining projects; and Corporate. Geographically, it operates in United Kingdom; Malawi; Germany; and Poland. It derives maximum revenue from Germany.
31GF Score

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