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MagniteMEX:MGNI 69 Days Payable is 2,379.50 as of Mar. 2026, which is 78% above its 10-year median of 1,340.35. GuruFocus rates MEX:MGNI with a GF Score™ of 69/100 and a GF Value™ of MXN267.92 (Fairly Valued). The stock has 6 warning signs investors should review. Among 915 Media - Diversified companies, Magnite ranks better than 95.52% on this metric.
Magnite's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN28,406 Mil. Magnite's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN1,089 Mil.
Hence, Magnite's Days Payable for the
three
months ended in Mar. 2026 was 2,379.50.
The historical rank and industry rank for Magnite's Days Payable or its related term are showing as below:
MEX:MGNI'
s Days Payable Range Over the Past 10 Years
Min: 1083.69 Med: 1340.35 Max: 2078.01
Current: 2045.37
During the past 13 years, Magnite's highest Days Payable was 2078.01. The lowest was 1083.69. And the median was 1340.35.
MEX:MGNI's Days Payable is ranked better than 95.52% of 915
companies
in the Media - Diversified industry
Industry Median: 82.66
vs MEX:MGNI: 2045.37
Magnite's Days Payable
increased
from Mar. 2025 (2,005.98) to Mar. 2026 (2,379.50).
It may suggest that Magnitedelayed paying its suppliers.
Magnite Days Payable Related Terms
Magnite Days Payable Historical Data
* Premium members only.
The historical data trend for Magnite'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 Advertising Agencies subindustry, Magnite'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.
Magnite Days Payable vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Magnite's Days Payable distribution charts can be found below:
* The bar in red indicates where Magnite'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.
Magnite's Days Payable for the fiscal year that ended in Dec. 2025 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.
Magnite (MEX:MGNI) has a Days Payable of 2,379.50 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 Magnite and its competitors. This is 78% above median its historical median of 1,340.35. Over the past decade, Magnite's Days Payable has ranged from 1,083.69 to 2,078.01. According to the industry distribution chart, Magnite ranks #41 out of 915 companies in the Media - Diversified industry, placing it in the top 4.5%.
Is Magnite's Days Payable too high?
Magnite's current Days Payable of 2,379.50 is 78% above median its 10-year median of 1,340.35. Over the past 10 years, this metric has ranged from a low of 1,083.69 to a high of 2,078.01. The Media - Diversified industry median Days Payable is 82.66. Magnite's value of 2,379.50 is 2778.7% above this industry median. Based on the distribution chart, Magnite ranks #41 out of 915 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Magnite has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magnite's Days Payable compare to ZD and STGW?
According to the Media - Diversified industry distribution chart, Magnite ranks #41 out of 915 companies for Days Payable. This places Magnite in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 82.66. Magnite's value of 2,379.50 is 2778.7% above this benchmark. Historically, Magnite's own Days Payable has ranged from 1,083.69 to 2,078.01 over the past decade. While the company's 10-year median is 1,340.35 vs. the industry median of 82.66, Magnite 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 82.66, based on 915 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. Magnite's current Days Payable of 2,379.50 is 2778.7% 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 Magnite and its competitors. For the Media - Diversified industry, the median Days Payable is 82.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnite's current Days Payable is 2,379.50, which is 78% above median its own 10-year median of 1,340.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnite stock overvalued right now?
Based on GuruFocus' analysis, Magnite (MEX:MGNI) is currently considered Fairly Valued. The stock's GF Value™ is MXN267.92, compared to a current price of MXN360.00 — trading 34.4% above its estimated fair value. The current Days Payable is 2,379.50, which is 78% above median its 10-year median of 1,340.35 and 2778.7% above the Media - Diversified industry median of 82.66. Magnite's overall GF Score™ is 69/100 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 Magnite (MEX:MGNI), the current Days Payable is 2,379.50 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 Magnite (MEX:MGNI) Overvalued in 2026?
Based on GuruFocus' analysis, Magnite stock appears to be overvalued.
The current stock price of MXN360.00 is trading 34.4% above its estimated GF Value™ of MXN267.92.
GuruFocus considers Magnite to be Fairly Valued.
Key valuation signals for MEX:MGNI:
Days Payable: 2,379.50 (78% above median its 10-year median of 1,340.35)
GF Value™: MXN267.92 vs. price of MXN360.00 (34.4% above fair value)
Industry Position: 2778.7% above the Media - Diversified median (#41 of 915)
No single metric tells the full story. See the MEX:MGNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
69GF Score
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