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MGE EnergyMGEE +0.81%75 Days Payable is 60.73 as of Jun. 2026, which is 16% above its 10-year median of 52.25. GuruFocus rates MGEE with a GF Score™ of 75/100 and a GF Value™ of $86.90 (Fairly Valued). The stock has 4 warning signs investors should review. Among 477 Utilities - Regulated companies, MGE Energy ranks worse than 58.28% on this metric.
MGE Energy's average Accounts Payable for the
three
months ended in Jun. 2026 was $62.1 Mil. MGE Energy's Cost of Goods Sold for the
three
months ended in Jun. 2026 was $93.2 Mil.
Hence, MGE Energy's Days Payable for the
three
months ended in Jun. 2026 was 60.73.
The historical rank and industry rank for MGE Energy's Days Payable or its related term are showing as below:
MGEE'
s Days Payable Range Over the Past 10 Years
Min: 45.42 Med: 52.25 Max: 81.91
Current: 57.03
During the past 13 years, MGE Energy's highest Days Payable was 81.91. The lowest was 45.42. And the median was 52.25.
MGEE's Days Payable is ranked worse than 58.28% of 477
companies
in the Utilities - Regulated industry
Industry Median: 68.79
vs MGEE: 57.03
MGE Energy's Days Payable
increased
from Jun. 2025 (49.35) to Jun. 2026 (60.73).
It may suggest that MGE Energydelayed paying its suppliers.
The historical data trend for MGE Energy'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 Utilities - Regulated Electric subindustry, MGE Energy'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.
MGE Energy Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MGE Energy's Days Payable distribution charts can be found below:
* The bar in red indicates where MGE Energy'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.
MGE Energy'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.
MGE Energy (MGEE) has a Days Payable of 60.73 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MGE Energy and its competitors. This is 16% above median its historical median of 52.25. Over the past decade, MGE Energy's Days Payable has ranged from 45.42 to 81.91. According to the industry distribution chart, MGE Energy ranks #278 out of 477 companies in the Utilities - Regulated industry, placing it in the top 58.3%.
Is MGE Energy's Days Payable too high?
MGE Energy's current Days Payable of 60.73 is 16% above median its 10-year median of 52.25. Over the past 10 years, this metric has ranged from a low of 45.42 to a high of 81.91. The Utilities - Regulated industry median Days Payable is 68.79. MGE Energy's value of 60.73 is 11.7% below this industry median. Based on the distribution chart, MGE Energy ranks #278 out of 477 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, MGE Energy has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGE Energy's Days Payable compare to HE and NWE?
According to the Utilities - Regulated industry distribution chart, MGE Energy ranks #278 out of 477 companies for Days Payable. This places MGE Energy in the lower half of its industry. The industry median Days Payable is 68.79. MGE Energy's value of 60.73 is 11.7% below this benchmark. Historically, MGE Energy's own Days Payable has ranged from 45.42 to 81.91 over the past decade. While the company's 10-year median is 52.25 vs. the industry median of 68.79, MGE Energy 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 68.79, based on 477 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. MGE Energy's current Days Payable of 60.73 is 11.7% 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 MGE Energy and its competitors. For the Utilities - Regulated industry, the median Days Payable is 68.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGE Energy's current Days Payable is 60.73, which is 16% above median its own 10-year median of 52.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGE Energy stock overvalued right now?
Based on GuruFocus' analysis, MGE Energy (MGEE) is currently considered Fairly Valued. The stock's GF Value™ is $86.90, compared to a current price of $79.32 — trading 8.7% below its estimated fair value. The current Days Payable is 60.73, which is 16% above median its 10-year median of 52.25 and 11.7% below the Utilities - Regulated industry median of 68.79. MGE Energy's overall GF Score™ is 75/100 with 4 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 MGE Energy (MGEE), the current Days Payable is 60.73 as of Jun. 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 MGE Energy (MGEE) Overvalued in 2026?
Based on GuruFocus' analysis, MGE Energy stock appears to be undervalued.
The current stock price of $79.32 is trading 8.7% below its estimated GF Value™ of $86.90.
GuruFocus considers MGE Energy to be Fairly Valued.
Key valuation signals for MGEE:
Days Payable: 60.73 (16% above median its 10-year median of 52.25)
GF Value™: $86.90 vs. price of $79.32 (8.7% below fair value)
Industry Position: 11.7% below the Utilities - Regulated median (#278 of 477)
No single metric tells the full story. See the MGEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGE Energy provides electric service to 170,000 customers and natural gas service to 180,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.
75GF Score
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