MedinotecMDNC 24 Days Payable is 102.95 as of Feb. 2026, which is 26% above its 10-year median of 81.67. GuruFocus rates MDNC with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.
Medinotec's average Accounts Payable for the
three
months ended in Feb. 2026 was $1.09 Mil. Medinotec's Cost of Goods Sold for the
three
months ended in Feb. 2026 was $0.97 Mil.
Hence, Medinotec's Days Payable for the
three
months ended in Feb. 2026 was 102.95.
The historical rank and industry rank for Medinotec's Days Payable or its related term are showing as below:
MDNC'
s Days Payable Range Over the Past 10 Years
Min: 45.52 Med: 81.67 Max: 93.87
Current: 93.28
During the past 5 years, Medinotec's highest Days Payable was 93.87. The lowest was 45.52. And the median was 81.67.
MDNC's Days Payable is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 68.07
vs MDNC: 93.28
Medinotec's Days Payable
increased
from Feb. 2025 (84.84) to Feb. 2026 (102.95).
It may suggest that Medinotecdelayed paying its suppliers.
Medinotec Days Payable Related Terms
Medinotec Days Payable Historical Data
* Premium members only.
The historical data trend for Medinotec'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.
For the Medical Devices subindustry, Medinotec'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.
Medinotec Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medinotec's Days Payable distribution charts can be found below:
* The bar in red indicates where Medinotec's Days Payable falls into.
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.
Medinotec's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as
* 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.
Medinotec (MDNC) has a Days Payable of 102.95 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Medinotec and its competitors. This is 26% above median its historical median of 81.67. Over the past decade, Medinotec's Days Payable has ranged from 45.52 to 93.87.
Is Medinotec's Days Payable too high?
Medinotec's current Days Payable of 102.95 is 26% above median its 10-year median of 81.67. Over the past 10 years, this metric has ranged from a low of 45.52 to a high of 93.87. The Medical Devices & Instruments industry median Days Payable is 68.07. Medinotec's value of 102.95 is 51.2% above this industry median. Overall, Medinotec has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Medinotec's Days Payable compare to NVNO and APYX?
Medinotec's Days Payable of 102.95 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.07. Medinotec's value of 102.95 is 51.2% above this benchmark. Historically, Medinotec's own Days Payable has ranged from 45.52 to 93.87 over the past decade. While the company's 10-year median is 81.67 vs. the industry median of 68.07, Medinotec 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. Medinotec's current Days Payable of 102.95 is 51.2% 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 Medinotec and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medinotec's current Days Payable is 102.95, which is 26% above median its own 10-year median of 81.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medinotec stock overvalued right now?
Medinotec (MDNC) has a current Days Payable of 102.95. The current Days Payable is 102.95, which is 26% above median its 10-year median of 81.67 and 51.2% above the Medical Devices & Instruments industry median of 68.07. Medinotec's overall GF Score™ is 24/100 with 2 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 Medinotec (MDNC), the current Days Payable is 102.95 as of Feb. 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.
Medinotec Inc is a medical device manufacturing and distribution company engaged in tracheal non-occlusive airway dilation technology and medical device design. It generates revenue from two sources: internally designed and manufactured medical devices and distribution of third-party medical products under exclusive or non-exclusive agreements in defined territories. Its products include the Trachealator, the Outflo Aortic Valve Dilation Balloon Catheter, and the Cape Cross family of PTCA balloon catheters. It also distributes a range of cardiology and renal dialysis products on behalf of multinational manufacturers, mainly in South Africa. Its segments are Inside the United States and Outside the United States, with Outside the United States generating maximum revenue.
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