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.
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.
Mercury NZMGHTF +8.44%86 Days Payable is 30.55 as of Jun. 2026, which is 60% below its 10-year median of 76.16. GuruFocus rates MGHTF with a GF Score™ of 86/100 and a GF Value™ of $3.88. The stock has 8 warning signs investors should review. Among 404 Utilities - Independent Power Producers companies, Mercury NZ ranks worse than 56.93% on this metric.
Mercury NZ's average Accounts Payable for the
six
months ended in Jun. 2026 was $173 Mil. Mercury NZ's Cost of Goods Sold for the
six
months ended in Jun. 2026 was $1,031 Mil.
Hence, Mercury NZ's Days Payable for the
six
months ended in Jun. 2026 was 30.55.
The historical rank and industry rank for Mercury NZ's Days Payable or its related term are showing as below:
MGHTF'
s Days Payable Range Over the Past 10 Years
Min: 59.82 Med: 76.16 Max: 98.6
Current: 66.43
During the past 13 years, Mercury NZ's highest Days Payable was 98.60. The lowest was 59.82. And the median was 76.16.
The historical data trend for Mercury NZ'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 - Renewable subindustry, Mercury NZ'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.
Mercury NZ Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Days Payable distribution charts can be found below:
* The bar in red indicates where Mercury NZ'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.
Mercury NZ's Days Payable for the fiscal year that ended in Jun. 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.
Mercury NZ (MGHTF) has a Days Payable of 30.55 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 Mercury NZ and its competitors. This is 60% below median its historical median of 76.16. Over the past decade, Mercury NZ's Days Payable has ranged from 59.82 to 98.60. According to the industry distribution chart, Mercury NZ ranks #230 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 56.9%.
Is Mercury NZ's Days Payable too high?
Mercury NZ's current Days Payable of 30.55 is 60% below median its 10-year median of 76.16. Over the past 10 years, this metric has ranged from a low of 59.82 to a high of 98.60. The Utilities - Independent Power Producers industry median Days Payable is 79.64. Mercury NZ's value of 30.55 is 61.6% below this industry median. Based on the distribution chart, Mercury NZ ranks #230 out of 404 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Mercury NZ has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #230 out of 404 companies for Days Payable. This places Mercury NZ in the lower half of its industry. The industry median Days Payable is 79.64. Mercury NZ's value of 30.55 is 61.6% below this benchmark. Historically, Mercury NZ's own Days Payable has ranged from 59.82 to 98.60 over the past decade. While the company's 10-year median is 76.16 vs. the industry median of 79.64, Mercury NZ 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 - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.64, based on 404 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. Mercury NZ's current Days Payable of 30.55 is 61.6% 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 Mercury NZ and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current Days Payable is 30.55, which is 60% below median its own 10-year median of 76.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Mercury NZ (MGHTF) has a current Days Payable of 30.55. The stock's GF Value™ is $3.88, compared to a current price of $4.37 — trading 12.6% above its estimated fair value. The current Days Payable is 30.55, which is 60% below median its 10-year median of 76.16 and 61.6% below the Utilities - Independent Power Producers industry median of 79.64. Mercury NZ's overall GF Score™ is 86/100 with 8 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 Mercury NZ (MGHTF), the current Days Payable is 30.55 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 Mercury NZ (MGHTF) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued.
The current stock price of $4.37 is trading 12.6% above its estimated GF Value™ of $3.88.
Key valuation signals for MGHTF:
Days Payable: 30.55 (60% below median its 10-year median of 76.16)
GF Value™: $3.88 vs. price of $4.37 (12.6% above fair value)
Industry Position: 61.6% below the Utilities - Independent Power Producers median (#230 of 404)
No single metric tells the full story. See the MGHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.
86GF Score
Get the complete analysis for MGHTF
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MGHTF has been successfully added to your 
