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.
Mega Fortune CoMGRT +11.10%24 Days Payable is 220.61 as of Sep. 2025, which is 715% above its 10-year median of 27.08. GuruFocus rates MGRT with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,610 Software companies, Mega Fortune Co ranks better than 62.84% on this metric.
The historical rank and industry rank for Mega Fortune Co's Days Payable or its related term are showing as below:
MGRT'
s Days Payable Range Over the Past 10 Years
Min: 10.85 Med: 27.08 Max: 80.18
Current: 80.18
During the past 4 years, Mega Fortune Co's highest Days Payable was 80.18. The lowest was 10.85. And the median was 27.08.
MGRT's Days Payable is ranked better than 62.84% of 2610
companies
in the Software industry
Industry Median: 52.785
vs MGRT: 80.18
Mega Fortune Co's Days Payable
increased
from Sep. 2024 (28.99) to Sep. 2025 (220.61).
It may suggest that Mega Fortune Codelayed paying its suppliers.
Mega Fortune Co Days Payable Related Terms
Mega Fortune Co Days Payable Historical Data
* Premium members only.
The historical data trend for Mega Fortune Co'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 Information Technology Services subindustry, Mega Fortune Co'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.
Mega Fortune Co Days Payable vs Software Industry
For the Software industry and Technology sector, Mega Fortune Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Mega Fortune Co'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.
Mega Fortune Co's Days Payable for the fiscal year that ended in Sep. 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.
Mega Fortune Co (MGRT) has a Days Payable of 220.61 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mega Fortune Co and its competitors. This is 715% above median its historical median of 27.08. Over the past decade, Mega Fortune Co's Days Payable has ranged from 10.85 to 80.18. According to the industry distribution chart, Mega Fortune Co ranks #970 out of 2610 companies in the Software industry, placing it in the top 37.2%.
Is Mega Fortune Co's Days Payable too high?
Mega Fortune Co's current Days Payable of 220.61 is 715% above median its 10-year median of 27.08. Over the past 10 years, this metric has ranged from a low of 10.85 to a high of 80.18. The Software industry median Days Payable is 52.79. Mega Fortune Co's value of 220.61 is 317.9% above this industry median. Based on the distribution chart, Mega Fortune Co ranks #970 out of 2610 companies in the Software industry, which is above the industry midpoint. Overall, Mega Fortune Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mega Fortune Co's Days Payable compare to VYX and GLOB?
According to the Software industry distribution chart, Mega Fortune Co ranks #970 out of 2610 companies for Days Payable. This puts Mega Fortune Co in the upper half of its industry. The industry median Days Payable is 52.79. Mega Fortune Co's value of 220.61 is 317.9% above this benchmark. Historically, Mega Fortune Co's own Days Payable has ranged from 10.85 to 80.18 over the past decade. While the company's 10-year median is 27.08 vs. the industry median of 52.79, Mega Fortune Co 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,610 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. Mega Fortune Co's current Days Payable of 220.61 is 317.9% 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 Mega Fortune Co and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Fortune Co's current Days Payable is 220.61, which is 715% above median its own 10-year median of 27.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Fortune Co stock overvalued right now?
Mega Fortune Co (MGRT) has a current Days Payable of 220.61. The current Days Payable is 220.61, which is 715% above median its 10-year median of 27.08 and 317.9% above the Software industry median of 52.79. Mega Fortune Co's overall GF Score™ is 24/100 with 1 warning sign 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 Mega Fortune Co (MGRT), the current Days Payable is 220.61 as of Sep. 2025. 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.
Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its IoT platform, tools, and services, it helps enterprises with their digital transformation, launch IoT initiatives, scale up an existing IoT application, or integrate any IoT solution. The Company has specialized in delivering comprehensive IoT solutions and services across various industries. Its vision is to become the preferred choice for enterprise and project IoT solutions across the Asia-Pacific region.
24GF Score
Get the complete analysis for MGRT
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
MGRT has been successfully added to your 
