Mullen GroupMLLGF 78 Days Payable is 31.32 as of Mar. 2026, which is 151% above its 10-year median of 12.46. GuruFocus rates MLLGF with a GF Score™ of 78/100 and a GF Value™ of $11.97 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 972 Transportation companies, Mullen Group ranks better than 50.82% on this metric.
The historical rank and industry rank for Mullen Group's Days Payable or its related term are showing as below:
MLLGF'
s Days Payable Range Over the Past 10 Years
Min: 11.34 Med: 12.46 Max: 39.55
Current: 39.55
During the past 13 years, Mullen Group's highest Days Payable was 39.55. The lowest was 11.34. And the median was 12.46.
MLLGF's Days Payable is ranked better than 50.82% of 972
companies
in the Transportation industry
Industry Median: 38.845
vs MLLGF: 39.55
Mullen Group's Days Payable
increased
from Mar. 2025 (26.52) to Mar. 2026 (31.32).
It may suggest that Mullen Groupdelayed paying its suppliers.
Mullen Group Days Payable Related Terms
Mullen Group Days Payable Historical Data
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The historical data trend for Mullen Group'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 Trucking subindustry, Mullen Group'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.
Mullen Group Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Mullen Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Mullen Group'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.
Mullen Group'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.
Mullen Group (MLLGF) has a Days Payable of 31.32 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 Mullen Group and its competitors. This is 151% above median its historical median of 12.46. Over the past decade, Mullen Group's Days Payable has ranged from 11.34 to 39.55. According to the industry distribution chart, Mullen Group ranks #478 out of 972 companies in the Transportation industry, placing it in the top 49.2%.
Is Mullen Group's Days Payable too high?
Mullen Group's current Days Payable of 31.32 is 151% above median its 10-year median of 12.46. Over the past 10 years, this metric has ranged from a low of 11.34 to a high of 39.55. The Transportation industry median Days Payable is 38.85. Mullen Group's value of 31.32 is 19.4% below this industry median. Based on the distribution chart, Mullen Group ranks #478 out of 972 companies in the Transportation industry, which is above the industry midpoint. Overall, Mullen Group has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Days Payable compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mullen Group ranks #478 out of 972 companies for Days Payable. This puts Mullen Group in the upper half of its industry. The industry median Days Payable is 38.85. Mullen Group's value of 31.32 is 19.4% below this benchmark. Historically, Mullen Group's own Days Payable has ranged from 11.34 to 39.55 over the past decade. While the company's 10-year median is 12.46 vs. the industry median of 38.85, Mullen Group 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 Transportation company?
The median Days Payable among Transportation companies is 38.85, based on 972 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. Mullen Group's current Days Payable of 31.32 is 19.4% 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 Mullen Group and its competitors. For the Transportation industry, the median Days Payable is 38.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullen Group's current Days Payable is 31.32, which is 151% above median its own 10-year median of 12.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.97, compared to a current price of $15.37 — trading 28.4% above its estimated fair value. The current Days Payable is 31.32, which is 151% above median its 10-year median of 12.46 and 19.4% below the Transportation industry median of 38.85. Mullen Group's overall GF Score™ is 78/100 with 10 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 Mullen Group (MLLGF), the current Days Payable is 31.32 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 Mullen Group (MLLGF) Overvalued in 2026?
Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued.
The current stock price of $15.37 is trading 28.4% above its estimated GF Value™ of $11.97.
GuruFocus considers Mullen Group to be Modestly Overvalued.
Key valuation signals for MLLGF:
Days Payable: 31.32 (151% above median its 10-year median of 12.46)
GF Value™: $11.97 vs. price of $15.37 (28.4% above fair value)
Industry Position: 19.4% below the Transportation median (#478 of 972)
No single metric tells the full story. See the MLLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
78GF Score
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