MAKO (Mako Mining) Days Payable: 51.49 (As of Mar. 2026) — 31% Below Median


MAKO Mako Mining Corp MAKO
74 GF Score
Price $7.27
GF Value $5.33
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mako Mining Days Payable?

Mako Mining MAKO -5.70% 74 Days Payable is 51.49 as of Mar. 2026, which is 31% below its 10-year median of 74.37. GuruFocus rates MAKO with a GF Score™ of 74/100 and a GF Value™ of $5.33 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,064 Metals & Mining companies, Mako Mining ranks worse than 71.15% on this metric.

Mako Mining's average Accounts Payable for the three months ended in Mar. 2026 was $15.4 Mil. Mako Mining's Cost of Goods Sold for the three months ended in Mar. 2026 was $27.2 Mil. Hence, Mako Mining's Days Payable for the three months ended in Mar. 2026 was 51.49.

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

MAKO' s Days Payable Range Over the Past 10 Years
Min: 53.47   Med: 74.37   Max: 47936.67
Current: 53.96

During the past 13 years, Mako Mining's highest Days Payable was 47936.67. The lowest was 53.47. And the median was 74.37.

MAKO's Days Payable is ranked worse than
71.15% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs MAKO: 53.96

Mako Mining's Days Payable declined from Mar. 2025 (61.26) to Mar. 2026 (51.49). It may suggest that Mako Mining accelerated paying its suppliers.


Mako Mining Days Payable Historical Data

* Premium members only.

The historical data trend for Mako Mining'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.

Mako Mining Days Payable Chart

Mako Mining Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.92 54.37 73.19 63.78 59.04

Mako Mining 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 61.26 45.07 55.25 58.48 51.49

MAKO vs NEM, AU: Days Payable Comparison

For the Gold subindustry, Mako Mining'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.


Mako Mining Days Payable vs Metals & Mining Industry

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

* The bar in red indicates where Mako Mining's Days Payable falls into.


MAKO
74GF Score
Mako Mining Corp MAKO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mako Mining 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.

Mako Mining'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
=( (10.043 + 13.722) / 2 ) / 73.455*365
=11.8825 / 73.455*365
=59.04

Mako Mining'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
=( (13.722 + 17.028) / 2 ) / 27.246*365 / 4
=15.375 / 27.246*365 / 4
=51.49

* 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 51.49 mean?
Mako Mining (MAKO) has a Days Payable of 51.49 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 Mako Mining and its competitors. This is 31% below median its historical median of 74.37. Over the past decade, Mako Mining's Days Payable has ranged from 53.47 to 47,936.67. According to the industry distribution chart, Mako Mining ranks #757 out of 1064 companies in the Metals & Mining industry, placing it in the top 71.1%.
Is Mako Mining's Days Payable too high?
Mako Mining's current Days Payable of 51.49 is 31% below median its 10-year median of 74.37. Over the past 10 years, this metric has ranged from a low of 53.47 to a high of 47,936.67. The Metals & Mining industry median Days Payable is 127.62. Mako Mining's value of 51.49 is 59.7% below this industry median. Based on the distribution chart, Mako Mining ranks #757 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mako Mining has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mako Mining ranks #757 out of 1064 companies for Days Payable. This places Mako Mining in the lower half of its industry. The industry median Days Payable is 127.62. Mako Mining's value of 51.49 is 59.7% below this benchmark. Historically, Mako Mining's own Days Payable has ranged from 53.47 to 47,936.67 over the past decade. While the company's 10-year median is 74.37 vs. the industry median of 127.62, Mako Mining 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 a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, 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. Mako Mining's current Days Payable of 51.49 is 59.7% 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 Mako Mining and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mako Mining's current Days Payable is 51.49, which is 31% below median its own 10-year median of 74.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mako Mining stock overvalued right now?
Based on GuruFocus' analysis, Mako Mining (MAKO) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.33, compared to a current price of $7.27 — trading 36.4% above its estimated fair value. The current Days Payable is 51.49, which is 31% below median its 10-year median of 74.37 and 59.7% below the Metals & Mining industry median of 127.62. Mako Mining's overall GF Score™ is 74/100 with 1 warning sign 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 Mako Mining (MAKO), the current Days Payable is 51.49 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 Mako Mining (MAKO) Overvalued in 2026?

Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued. The current stock price of $7.27 is trading 36.4% above its estimated GF Value™ of $5.33. GuruFocus considers Mako Mining to be Significantly Overvalued.

Key valuation signals for MAKO:

  • Days Payable: 51.49 (31% below median its 10-year median of 74.37)
  • GF Value™: $5.33 vs. price of $7.27 (36.4% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 59.7% below the Metals & Mining median (#757 of 1064)

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


Mako Mining Business Description

Other Exchanges GQR0:GermanyMKO:Canada
Address 838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Mako Mining Corp is a gold mining, development, and exploration firm. The companies primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua and Guyana.
74GF Score

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

$7.27
Price
$5.33
GF Value