McGrath RentCorpMGRC -1.26%90 Days Payable is 54.32 as of Mar. 2026, which is 15% above its 10-year median of 47.12. GuruFocus rates MGRC with a GF Score™ of 90/100 and a GF Value™ of $122.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 943 Business Services companies, McGrath RentCorp ranks worse than 54.83% on this metric.
The historical rank and industry rank for McGrath RentCorp's Days Payable or its related term are showing as below:
MGRC'
s Days Payable Range Over the Past 10 Years
Min: 40.67 Med: 47.12 Max: 48.94
Current: 40.67
During the past 13 years, McGrath RentCorp's highest Days Payable was 48.94. The lowest was 40.67. And the median was 47.12.
MGRC's Days Payable is ranked worse than 54.83% of 943
companies
in the Business Services industry
Industry Median: 46.92
vs MGRC: 40.67
McGrath RentCorp's Days Payable
increased
from Mar. 2025 (47.53) to Mar. 2026 (54.32).
It may suggest that McGrath RentCorpdelayed paying its suppliers.
McGrath RentCorp Days Payable Related Terms
McGrath RentCorp Days Payable Historical Data
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The historical data trend for McGrath RentCorp'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 Rental & Leasing Services subindustry, McGrath RentCorp'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.
McGrath RentCorp Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, McGrath RentCorp's Days Payable distribution charts can be found below:
* The bar in red indicates where McGrath RentCorp'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.
McGrath RentCorp'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.
McGrath RentCorp (MGRC) has a Days Payable of 54.32 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 McGrath RentCorp and its competitors. This is 15% above median its historical median of 47.12. Over the past decade, McGrath RentCorp's Days Payable has ranged from 40.67 to 48.94. According to the industry distribution chart, McGrath RentCorp ranks #517 out of 943 companies in the Business Services industry, placing it in the top 54.8%.
Is McGrath RentCorp's Days Payable too high?
McGrath RentCorp's current Days Payable of 54.32 is 15% above median its 10-year median of 47.12. Over the past 10 years, this metric has ranged from a low of 40.67 to a high of 48.94. The Business Services industry median Days Payable is 46.92. McGrath RentCorp's value of 54.32 is 15.8% above this industry median. Based on the distribution chart, McGrath RentCorp ranks #517 out of 943 companies in the Business Services industry, which is below the industry midpoint. Overall, McGrath RentCorp has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does McGrath RentCorp's Days Payable compare to CTOS and VSTS?
According to the Business Services industry distribution chart, McGrath RentCorp ranks #517 out of 943 companies for Days Payable. This places McGrath RentCorp in the lower half of its industry. The industry median Days Payable is 46.92. McGrath RentCorp's value of 54.32 is 15.8% above this benchmark. Historically, McGrath RentCorp's own Days Payable has ranged from 40.67 to 48.94 over the past decade. While the company's 10-year median is 47.12 vs. the industry median of 46.92, McGrath RentCorp 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. McGrath RentCorp's current Days Payable of 54.32 is 15.8% 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 McGrath RentCorp and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McGrath RentCorp's current Days Payable is 54.32, which is 15% above median its own 10-year median of 47.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McGrath RentCorp stock overvalued right now?
Based on GuruFocus' analysis, McGrath RentCorp (MGRC) is currently considered Fairly Valued. The stock's GF Value™ is $122.13, compared to a current price of $121.77 — trading 0.3% below its estimated fair value. The current Days Payable is 54.32, which is 15% above median its 10-year median of 47.12 and 15.8% above the Business Services industry median of 46.92. McGrath RentCorp's overall GF Score™ is 90/100 with 5 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 McGrath RentCorp (MGRC), the current Days Payable is 54.32 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 McGrath RentCorp (MGRC) Overvalued in 2026?
Based on GuruFocus' analysis, McGrath RentCorp stock appears to be undervalued.
The current stock price of $121.77 is trading 0.3% below its estimated GF Value™ of $122.13.
GuruFocus considers McGrath RentCorp to be Fairly Valued.
Key valuation signals for MGRC:
Days Payable: 54.32 (15% above median its 10-year median of 47.12)
GF Value™: $122.13 vs. price of $121.77 (0.3% below fair value)
Industry Position: 15.8% above the Business Services median (#517 of 943)
No single metric tells the full story. See the MGRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McGrath RentCorp is a diversified business-to-business rental company with three rental divisions: relocatable modular buildings, portable storage containers, and electronic test equipment. It comprises four reportable business segments, namely the Modular Building segment (Mobile Modular), which generates maximum revenue; the Portable Storage segment (Portable Storage); the Electronic Test Equipment segment (TRS-RenTelco); and its classroom manufacturing business (Enviroplex), which sells modular buildings used as classrooms in California. The company generates its revenues mainly from the rental of its equipment under operating leases, with sales of equipment occurring in the normal course of business.
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