MLPNF (Millennial Potash) Days Payable: 1,670.74 (As of Feb. 2026) — 69% Above Median


MLPNF Millennial Potash Corp MLPNF
37 GF Score
Price $1.29
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What is Millennial Potash Days Payable?

Millennial Potash MLPNF -2.74% 37 Days Payable is 1,670.74 as of Feb. 2026, which is 69% above its 10-year median of 989.74. GuruFocus rates MLPNF with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 1,065 Metals & Mining companies, Millennial Potash ranks better than 71.08% on this metric.

Millennial Potash's average Accounts Payable for the three months ended in Feb. 2026 was $0.38 Mil. Millennial Potash's Cost of Goods Sold for the three months ended in Feb. 2026 was $0.02 Mil. Hence, Millennial Potash's Days Payable for the three months ended in Feb. 2026 was 1,670.74.

The historical rank and industry rank for Millennial Potash's Days Payable or its related term are showing as below:

MLPNF' s Days Payable Range Over the Past 10 Years
Min: 462.33   Med: 989.74   Max: 1766.35
Current: 1766.35

During the past 7 years, Millennial Potash's highest Days Payable was 1766.35. The lowest was 462.33. And the median was 989.74.

MLPNF's Days Payable is ranked better than
71.08% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs MLPNF: 1766.35

Millennial Potash's Days Payable declined from Feb. 2025 (1,863.42) to Feb. 2026 (1,670.74). It may suggest that Millennial Potash accelerated paying its suppliers.


Millennial Potash Days Payable Historical Data

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The historical data trend for Millennial Potash'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.

Millennial Potash Days Payable Chart

Millennial Potash Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial 0.00 472.12 811.64 1,174.55 1,286.51

Millennial Potash Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,863.42 2,003.15 1,733.75 1,436.10 1,670.74

Millennial Potash Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Millennial Potash'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.


Millennial Potash Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Millennial Potash's Days Payable distribution charts can be found below:

* The bar in red indicates where Millennial Potash's Days Payable falls into.


MLPNF
37GF Score
Millennial Potash Corp MLPNF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Millennial Potash Days Payable Calculation

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.

Millennial Potash's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (0.231 + 0.34) / 2 ) / 0.081*365
=0.2855 / 0.081*365
=1,286.51

Millennial Potash's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (0.321 + 0.448) / 2 ) / 0.021*365 / 4
=0.3845 / 0.021*365 / 4
=1,670.74

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 1,670.74 mean?
Millennial Potash (MLPNF) has a Days Payable of 1,670.74 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Millennial Potash and its competitors. This is 69% above median its historical median of 989.74. Over the past decade, Millennial Potash's Days Payable has ranged from 462.33 to 1,766.35. According to the industry distribution chart, Millennial Potash ranks #308 out of 1065 companies in the Metals & Mining industry, placing it in the top 28.9%.
Is Millennial Potash's Days Payable too high?
Millennial Potash's current Days Payable of 1,670.74 is 69% above median its 10-year median of 989.74. Over the past 10 years, this metric has ranged from a low of 462.33 to a high of 1,766.35. The Metals & Mining industry median Days Payable is 127.26. Millennial Potash's value of 1,670.74 is 1212.9% above this industry median. Based on the distribution chart, Millennial Potash ranks #308 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Millennial Potash has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Millennial Potash's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Millennial Potash ranks #308 out of 1065 companies for Days Payable. This puts Millennial Potash in the upper half of its industry. The industry median Days Payable is 127.26. Millennial Potash's value of 1,670.74 is 1212.9% above this benchmark. Historically, Millennial Potash's own Days Payable has ranged from 462.33 to 1,766.35 over the past decade. While the company's 10-year median is 989.74 vs. the industry median of 127.26, Millennial Potash 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 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. Millennial Potash's current Days Payable of 1,670.74 is 1212.9% 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 Millennial Potash 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. Millennial Potash's current Days Payable is 1,670.74, which is 69% above median its own 10-year median of 989.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennial Potash stock overvalued right now?
Millennial Potash (MLPNF) has a current Days Payable of 1,670.74. The current Days Payable is 1,670.74, which is 69% above median its 10-year median of 989.74 and 1212.9% above the Metals & Mining industry median of 127.26. Millennial Potash's overall GF Score™ is 37/100 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 Millennial Potash (MLPNF), the current Days Payable is 1,670.74 as of Feb. 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.

Millennial Potash Business Description

Other Exchanges X0D:GermanyMLP:Canada
Address 300-1455 Bellevue Avenue, West Vancouver, Vancouver, BC, CAN, V7T 1C3
Millennial Potash Corp is a Canadian resource company focused on the exploration and development of potash deposits. The company's flagship asset is the Banio Potash Project located along the coast of Gabon, West Africa, which has the potential to have all the right characteristics to become a producer of potash.
37GF Score

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