Mercantile Ports and Logistics (LSE:MPL) Days Payable: 319.83 (As of Jun. 2025) — 99% Below Median


What is Mercantile Ports and Logistics Days Payable?

Mercantile Ports and Logistics LSE:MPL -8.89% Days Payable is 319.83 as of Jun. 2025, which is 99% below its 10-year median of 21,712.80. The stock has 7 warning signs investors should review. Among 964 Transportation companies, Mercantile Ports and Logistics ranks better than 98.03% on this metric.

Mercantile Ports and Logistics's average Accounts Payable for the six months ended in Jun. 2025 was £3.50 Mil. Mercantile Ports and Logistics's Cost of Goods Sold for the six months ended in Jun. 2025 was £2.00 Mil. Hence, Mercantile Ports and Logistics's Days Payable for the six months ended in Jun. 2025 was 319.83.

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

LSE:MPL' s Days Payable Range Over the Past 10 Years
Min: 640.63   Med: 21712.8   Max: 94072.93
Current: 652.17

During the past 13 years, Mercantile Ports and Logistics's highest Days Payable was 94072.93. The lowest was 640.63. And the median was 21712.80.

LSE:MPL's Days Payable is ranked better than
98.03% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs LSE:MPL: 652.17

Mercantile Ports and Logistics's Days Payable increased from Jun. 2024 (296.83) to Jun. 2025 (319.83). It may suggest that Mercantile Ports and Logistics delayed paying its suppliers.


Mercantile Ports and Logistics Days Payable Historical Data

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The historical data trend for Mercantile Ports and Logistics'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.

Mercantile Ports and Logistics Days Payable Chart

Mercantile Ports and Logistics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86,862.40 12,772.03 2,339.38 946.18 640.63

Mercantile Ports and Logistics Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 613.88 0.00 296.83 0.00 319.83

Mercantile Ports and Logistics Days Payable Competitor Comparison

For the Marine Shipping subindustry, Mercantile Ports and Logistics'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.


Mercantile Ports and Logistics Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Mercantile Ports and Logistics's Days Payable distribution charts can be found below:

* The bar in red indicates where Mercantile Ports and Logistics's Days Payable falls into.



Mercantile Ports and Logistics 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.

Mercantile Ports and Logistics's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (4.131 + 4.048) / 2 ) / 2.33*365
=4.0895 / 2.33*365
=640.63

Mercantile Ports and Logistics's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (4.048 + 2.955) / 2 ) / 1.998*365 / 2
=3.5015 / 1.998*365 / 2
=319.83

* 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 319.83 mean?
Mercantile Ports and Logistics (LSE:MPL) has a Days Payable of 319.83 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mercantile Ports and Logistics and its competitors. This is 99% below median its historical median of 21,712.80. Over the past decade, Mercantile Ports and Logistics' Days Payable has ranged from 640.63 to 94,072.93. According to the industry distribution chart, Mercantile Ports and Logistics ranks #19 out of 964 companies in the Transportation industry, placing it in the top 2%.
Is Mercantile Ports and Logistics' Days Payable too high?
Mercantile Ports and Logistics' current Days Payable of 319.83 is 99% below median its 10-year median of 21,712.80. Over the past 10 years, this metric has ranged from a low of 640.63 to a high of 94,072.93. The Transportation industry median Days Payable is 38.99. Mercantile Ports and Logistics' value of 319.83 is 720.4% above this industry median. Based on the distribution chart, Mercantile Ports and Logistics ranks #19 out of 964 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers.
How does Mercantile Ports and Logistics' Days Payable compare to competitors?
According to the Transportation industry distribution chart, Mercantile Ports and Logistics ranks #19 out of 964 companies for Days Payable. This places Mercantile Ports and Logistics in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.99. Mercantile Ports and Logistics' value of 319.83 is 720.4% above this benchmark. Historically, Mercantile Ports and Logistics' own Days Payable has ranged from 640.63 to 94,072.93 over the past decade. While the company's 10-year median is 21,712.80 vs. the industry median of 38.99, Mercantile Ports and Logistics 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 Transportation company?
The median Days Payable among Transportation companies is 38.99, based on 964 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. Mercantile Ports and Logistics's current Days Payable of 319.83 is 720.4% 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 Mercantile Ports and Logistics and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Ports and Logistics's current Days Payable is 319.83, which is 99% below median its own 10-year median of 21,712.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Ports and Logistics stock overvalued right now?
Based on GuruFocus' analysis, Mercantile Ports and Logistics (LSE:MPL) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.01, compared to a current price of £0.02 — trading 105% above its estimated fair value. The current Days Payable is 319.83, which is 99% below median its 10-year median of 21,712.80 and 720.4% above the Transportation industry median of 38.99. 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 Mercantile Ports and Logistics (LSE:MPL), the current Days Payable is 319.83 as of Jun. 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.

Mercantile Ports and Logistics Business Description

Other Exchanges 9KS0:Germany
Address Le Bordage Road, 1st Floor, Tudor House, Saint Peter Port, GGY, GY1 1DB
Mercantile Ports and Logistics Ltd develops, owns, and operates port and logistics facilities. The site of the company's first project is at Karanja Creek in the Raigad district of Maharashtra, where it intends to develop and operate a modern and efficient port and logistics complex. At the Karanja port, the company focuses on mid-stream discharge and loading of cargo while vessels wait at anchorage for a berth in JNPT, and coastal movement of cargoes, such as containers, cement, and other break-bulk cargo, which typically ply in smaller vessels. The company has only one operating and geographic segment, being the project on hand in India. The company generates the majority of its revenue from lease income operations.