MFLTY (Missfresh) Days Payable: 7,679.85 (As of Dec. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Missfresh Days Payable?

Missfresh MFLTY -99.00% Days Payable is 7,679.85 as of Dec. 2022.

Missfresh's average Accounts Payable for the six months ended in Dec. 2022 was $202.5 Mil. Missfresh's Cost of Goods Sold for the six months ended in Dec. 2022 was $4.8 Mil. Hence, Missfresh's Days Payable for the six months ended in Dec. 2022 was 7,679.85.

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

MFLTY's Days Payable is not ranked *
in the Retail - Defensive industry.
Industry Median: 43.94
* Ranked among companies with meaningful Days Payable only.

Missfresh's Days Payable increased from Dec. 2021 (77.54) to Dec. 2022 (7,679.85). It may suggest that Missfresh delayed paying its suppliers.


Missfresh Days Payable Historical Data

* Premium members only.

The historical data trend for Missfresh'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.

Missfresh Days Payable Chart

Missfresh Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
83.23 72.35 89.10 79.35 256.26

Missfresh Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Days Payable Get a 7-Day Free Trial 73.52 83.05 77.54 133.68 7,679.85

MFLTY vs HCMC, OMHI, KR: Days Payable Comparison

For the Grocery Stores subindustry, Missfresh'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.


Missfresh Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Missfresh's Days Payable distribution charts can be found below:

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



Missfresh 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.

Missfresh's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (252.105 + 187.144) / 2 ) / 312.815*365
=219.6245 / 312.815*365
=256.26

Missfresh's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (217.763 + 187.144) / 2 ) / 4.811*365 / 2
=202.4535 / 4.811*365 / 2
=7,679.85

* 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 7,679.85 mean?
Missfresh (MFLTY) has a Days Payable of 7,679.85 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Missfresh and its competitors.
Is Missfresh's Days Payable too high?
Missfresh's current Days Payable is 7,679.85. The Retail - Defensive industry median Days Payable is 43.94. Missfresh's value of 7,679.85 is 17378% above this industry median.
How does Missfresh's Days Payable compare to HCMC and OMHI?
Missfresh's Days Payable of 7,679.85 can be compared against companies in the Retail - Defensive industry. The industry median Days Payable is 43.94. Missfresh's value of 7,679.85 is 17378% above this benchmark. 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.94, based on 305 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. Missfresh's current Days Payable of 7,679.85 is 17378% 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 Missfresh and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Missfresh's current Days Payable is 7,679.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Missfresh stock overvalued right now?
Missfresh (MFLTY) has a current Days Payable of 7,679.85. The current Days Payable is 7,679.85 and 17378% above the Retail - Defensive industry median of 43.94. 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 Missfresh (MFLTY), the current Days Payable is 7,679.85 as of Dec. 2022. 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.

Missfresh Business Description

Address No. 9 Wangjing Street, Chaoyang District, 3rd Floor, Block A, Vanke Times Center, Beijing, CHN, 100016
Missfresh Ltd an online-and-offline integrated on-demand retail business offering fresh produce and fast-moving consumer goods. Through its "Missfresh" mobile application and Mini Program embedded in third-party social platforms, which feature substantially similar user interface and functions, consumers can purchase grocery at their fingertips and receive products delivered by its delivery riders to their doorstep. The Group's assets are located in the PRC and its revenues are derived from within the PRC.