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Magna MiningMGMNF +5.03%32 Days Payable is 10.46 as of Mar. 2026, which is 100% below its 10-year median of 6,159.38. GuruFocus rates MGMNF with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 1,065 Metals & Mining companies, Magna Mining ranks worse than 89.48% on this metric.
The historical rank and industry rank for Magna Mining's Days Payable or its related term are showing as below:
MGMNF'
s Days Payable Range Over the Past 10 Years
Min: 7.08 Med: 6159.38 Max: 23238.33
Current: 24
During the past 6 years, Magna Mining's highest Days Payable was 23238.33. The lowest was 7.08. And the median was 6159.38.
MGMNF's Days Payable is ranked worse than 89.48% of 1065
companies
in the Metals & Mining industry
Industry Median: 127.26
vs MGMNF: 24.00
Magna Mining's Days Payable
declined
from Mar. 2025 (70.90) to Mar. 2026 (10.46).
It may suggest that Magna Miningaccelerated paying its suppliers.
Magna Mining Days Payable Related Terms
Magna Mining Days Payable Historical Data
* Premium members only.
The historical data trend for Magna Mining'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 Other Industrial Metals & Mining subindustry, Magna Mining'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.
Magna Mining Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magna Mining's Days Payable distribution charts can be found below:
* The bar in red indicates where Magna Mining'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.
Magna Mining'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.
Magna Mining (MGMNF) has a Days Payable of 10.46 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 Magna Mining and its competitors. This is 100% below median its historical median of 6,159.38. Over the past decade, Magna Mining's Days Payable has ranged from 7.08 to 23,238.33. According to the industry distribution chart, Magna Mining ranks #953 out of 1065 companies in the Metals & Mining industry, placing it in the top 89.5%.
Is Magna Mining's Days Payable too high?
Magna Mining's current Days Payable of 10.46 is 100% below median its 10-year median of 6,159.38. Over the past 10 years, this metric has ranged from a low of 7.08 to a high of 23,238.33. The Metals & Mining industry median Days Payable is 127.26. Magna Mining's value of 10.46 is 91.8% below this industry median. Based on the distribution chart, Magna Mining ranks #953 out of 1065 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Magna Mining has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Magna Mining's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Magna Mining ranks #953 out of 1065 companies for Days Payable. This places Magna Mining in the lower half of its industry. The industry median Days Payable is 127.26. Magna Mining's value of 10.46 is 91.8% below this benchmark. Historically, Magna Mining's own Days Payable has ranged from 7.08 to 23,238.33 over the past decade. While the company's 10-year median is 6,159.38 vs. the industry median of 127.26, Magna Mining 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 a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,065 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. Magna Mining's current Days Payable of 10.46 is 91.8% 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 Magna Mining and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magna Mining's current Days Payable is 10.46, which is 100% below median its own 10-year median of 6,159.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Mining stock overvalued right now?
Magna Mining (MGMNF) has a current Days Payable of 10.46. The current Days Payable is 10.46, which is 100% below median its 10-year median of 6,159.38 and 91.8% below the Metals & Mining industry median of 127.26. Magna Mining's overall GF Score™ is 32/100 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 Magna Mining (MGMNF), the current Days Payable is 10.46 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.
Magna Mining Inc is a producing mining company with a portfolio of copper, nickel, and platinum group metals with operating, exploration, and development projects in the Sudbury Region of Ontario, Canada. The Company's primary assets are the producing McCreedy West copper mine and the past-producing Levack, Podolsky, Shakespeare, and Crean Hill mines. It has one reportable operating segment, being the acquisition, exploration, and development of mineral properties. The Company's assets are located in Canada.
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