MMGRF (Momentum Group AB) Days Payable: 64.54 (As of Mar. 2026) — Near Median


MMGRF Momentum Group AB MMGRF
65 GF Score
Price $11.69
GF Value $18.54
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Momentum Group AB Days Payable?

Momentum Group AB MMGRF 65 Days Payable is 64.54 as of Mar. 2026, which is 2% above its 10-year median of 63.21. GuruFocus rates MMGRF with a GF Score™ of 65/100 and a GF Value™ of $18.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 153 Industrial Distribution companies, Momentum Group AB ranks better than 58.82% on this metric.

Momentum Group AB's average Accounts Payable for the three months ended in Mar. 2026 was $28.3 Mil. Momentum Group AB's Cost of Goods Sold for the three months ended in Mar. 2026 was $40.0 Mil. Hence, Momentum Group AB's Days Payable for the three months ended in Mar. 2026 was 64.54.

The historical rank and industry rank for Momentum Group AB's Days Payable or its related term are showing as below:

MMGRF' s Days Payable Range Over the Past 10 Years
Min: 56.7   Med: 63.21   Max: 68.31
Current: 62.34

During the past 8 years, Momentum Group AB's highest Days Payable was 68.31. The lowest was 56.70. And the median was 63.21.

MMGRF's Days Payable is ranked better than
58.82% of 153 companies
in the Industrial Distribution industry
Industry Median: 56.57 vs MMGRF: 62.34

Momentum Group AB's Days Payable increased from Mar. 2025 (61.06) to Mar. 2026 (64.54). It may suggest that Momentum Group AB delayed paying its suppliers.


Momentum Group AB Days Payable Historical Data

* Premium members only.

The historical data trend for Momentum Group AB'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.

Momentum Group AB Days Payable Chart

Momentum Group AB Annual Data
Trend Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 64.80 72.34 62.88 59.24 52.35

Momentum Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 61.06 59.00 64.51 56.78 64.54

MMGRF vs GWW, FAST, FERG: Days Payable Comparison

For the Industrial Distribution subindustry, Momentum Group AB'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.


Momentum Group AB Days Payable vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Momentum Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Momentum Group AB's Days Payable falls into.


MMGRF
65GF Score
Momentum Group AB MMGRF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Momentum Group AB 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.

Momentum Group AB's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (22.394 + 26.685) / 2 ) / 171.088*365
=24.5395 / 171.088*365
=52.35

Momentum Group AB's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (26.685 + 29.945) / 2 ) / 40.034*365 / 4
=28.315 / 40.034*365 / 4
=64.54

* 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 64.54 mean?
Momentum Group AB (MMGRF) has a Days Payable of 64.54 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 Momentum Group AB and its competitors. This is near median its historical median of 63.21. Over the past decade, Momentum Group AB's Days Payable has ranged from 56.70 to 68.31. According to the industry distribution chart, Momentum Group AB ranks #63 out of 153 companies in the Industrial Distribution industry, placing it in the top 41.2%.
Is Momentum Group AB's Days Payable too high?
Momentum Group AB's current Days Payable of 64.54 is near median its 10-year median of 63.21. Over the past 10 years, this metric has ranged from a low of 56.70 to a high of 68.31. The Industrial Distribution industry median Days Payable is 56.57. Momentum Group AB's value of 64.54 is 14.1% above this industry median. Based on the distribution chart, Momentum Group AB ranks #63 out of 153 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Momentum Group AB has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Momentum Group AB's Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Momentum Group AB ranks #63 out of 153 companies for Days Payable. This puts Momentum Group AB in the upper half of its industry. The industry median Days Payable is 56.57. Momentum Group AB's value of 64.54 is 14.1% above this benchmark. Historically, Momentum Group AB's own Days Payable has ranged from 56.70 to 68.31 over the past decade. While the company's 10-year median is 63.21 vs. the industry median of 56.57, Momentum Group AB 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 an Industrial Distribution company?
The median Days Payable among Industrial Distribution companies is 56.57, based on 153 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. Momentum Group AB's current Days Payable of 64.54 is 14.1% 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 Momentum Group AB and its competitors. For the Industrial Distribution industry, the median Days Payable is 56.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Momentum Group AB's current Days Payable is 64.54, which is near median its own 10-year median of 63.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Momentum Group AB stock overvalued right now?
Based on GuruFocus' analysis, Momentum Group AB (MMGRF) is currently considered Significantly Undervalued. The stock's GF Value™ is $18.54, compared to a current price of $11.69 — trading 36.9% below its estimated fair value. The current Days Payable is 64.54, which is near median its 10-year median of 63.21 and 14.1% above the Industrial Distribution industry median of 56.57. Momentum Group AB's overall GF Score™ is 65/100 with 3 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 Momentum Group AB (MMGRF), the current Days Payable is 64.54 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 Momentum Group AB (MMGRF) Overvalued in 2026?

Based on GuruFocus' analysis, Momentum Group AB stock appears to be undervalued. The current stock price of $11.69 is trading 36.9% below its estimated GF Value™ of $18.54. GuruFocus considers Momentum Group AB to be Significantly Undervalued.

Key valuation signals for MMGRF:

  • Days Payable: 64.54 (near median its 10-year median of 63.21)
  • GF Value™: $18.54 vs. price of $11.69 (36.9% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 14.1% above the Industrial Distribution median (#63 of 153)

No single metric tells the full story. See the MMGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Momentum Group AB Business Description

Address Ostermalmsgatan 87 E, Stockholm, SWE, SE-114 59
Momentum Group AB operates, develops, and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of some companies that together constitute one of the Nordic region's key suppliers of industrial components, industrial services, and other related services in the industrial sector. The Group's operating segments comprise the business areas Industry and Infrastructure. Industry consists of businesses that offer components and related services to aftermarket customers and OEMs in the industrial sector in the Nordic region. Infrastructure consists of businesses offering products, services and solutions to customers in industrial infrastructure that are critical to a functioning society.
65GF Score

Get the complete analysis for MMGRF

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.69
Price
$18.54
GF Value