MMLP (Martin Midstream Partners LP) Days Payable: 58.03 (As of Mar. 2026) — 24% Above Median


MMLP Martin Midstream Partners LP MMLP
53 GF Score
Price $2.32
GF Value $2.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Martin Midstream Partners LP Days Payable?

Martin Midstream Partners LP MMLP +5.05% 53 Days Payable is 58.03 as of Mar. 2026, which is 24% above its 10-year median of 46.75. GuruFocus rates MMLP with a GF Score™ of 53/100 and a GF Value™ of $2.74 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 849 Oil & Gas companies, Martin Midstream Partners LP ranks worse than 50.06% on this metric.

Martin Midstream Partners LP's average Accounts Payable for the three months ended in Mar. 2026 was $65.1 Mil. Martin Midstream Partners LP's Cost of Goods Sold for the three months ended in Mar. 2026 was $102.4 Mil. Hence, Martin Midstream Partners LP's Days Payable for the three months ended in Mar. 2026 was 58.03.

The historical rank and industry rank for Martin Midstream Partners LP's Days Payable or its related term are showing as below:

MMLP' s Days Payable Range Over the Past 10 Years
Min: 37.2   Med: 46.75   Max: 59.42
Current: 57.95

During the past 13 years, Martin Midstream Partners LP's highest Days Payable was 59.42. The lowest was 37.20. And the median was 46.75.

MMLP's Days Payable is ranked worse than
50.06% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs MMLP: 57.95

Martin Midstream Partners LP's Days Payable increased from Mar. 2025 (53.23) to Mar. 2026 (58.03). It may suggest that Martin Midstream Partners LP delayed paying its suppliers.


Martin Midstream Partners LP Days Payable Historical Data

* Premium members only.

The historical data trend for Martin Midstream Partners LP'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.

Martin Midstream Partners LP Days Payable Chart

Martin Midstream Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.82 37.20 49.76 59.42 59.09

Martin Midstream Partners LP 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 53.23 56.00 54.25 56.78 58.03

MMLP vs DLNG, TORO, PXS: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Martin Midstream Partners LP'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.


Martin Midstream Partners LP Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Martin Midstream Partners LP's Days Payable distribution charts can be found below:

* The bar in red indicates where Martin Midstream Partners LP's Days Payable falls into.


MMLP
53GF Score
Martin Midstream Partners LP MMLP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Martin Midstream Partners LP 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.

Martin Midstream Partners LP'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
=( (61.599 + 57.814) / 2 ) / 368.82*365
=59.7065 / 368.82*365
=59.09

Martin Midstream Partners LP'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
=( (57.814 + 72.379) / 2 ) / 102.37*365 / 4
=65.0965 / 102.37*365 / 4
=58.03

* 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 58.03 mean?
Martin Midstream Partners LP (MMLP) has a Days Payable of 58.03 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 Martin Midstream Partners LP and its competitors. This is 24% above median its historical median of 46.75. Over the past decade, Martin Midstream Partners LP's Days Payable has ranged from 37.20 to 59.42. According to the industry distribution chart, Martin Midstream Partners LP ranks #425 out of 849 companies in the Oil & Gas industry, placing it in the top 50.1%.
Is Martin Midstream Partners LP's Days Payable too high?
Martin Midstream Partners LP's current Days Payable of 58.03 is 24% above median its 10-year median of 46.75. Over the past 10 years, this metric has ranged from a low of 37.20 to a high of 59.42. The Oil & Gas industry median Days Payable is 57.95. Martin Midstream Partners LP's value of 58.03 is 0.1% above this industry median. Based on the distribution chart, Martin Midstream Partners LP ranks #425 out of 849 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Martin Midstream Partners LP has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Martin Midstream Partners LP's Days Payable compare to DLNG and TORO?
According to the Oil & Gas industry distribution chart, Martin Midstream Partners LP ranks #425 out of 849 companies for Days Payable. This places Martin Midstream Partners LP in the lower half of its industry. The industry median Days Payable is 57.95. Martin Midstream Partners LP's value of 58.03 is 0.1% above this benchmark. Historically, Martin Midstream Partners LP's own Days Payable has ranged from 37.20 to 59.42 over the past decade. While the company's 10-year median is 46.75 vs. the industry median of 57.95, Martin Midstream Partners LP 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 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. Martin Midstream Partners LP's current Days Payable of 58.03 is 0.1% 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 Martin Midstream Partners LP and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martin Midstream Partners LP's current Days Payable is 58.03, which is 24% above median its own 10-year median of 46.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Martin Midstream Partners LP (MMLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.74, compared to a current price of $2.32 — trading 15.3% below its estimated fair value. The current Days Payable is 58.03, which is 24% above median its 10-year median of 46.75 and 0.1% above the Oil & Gas industry median of 57.95. Martin Midstream Partners LP's overall GF Score™ is 53/100 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 Martin Midstream Partners LP (MMLP), the current Days Payable is 58.03 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 Martin Midstream Partners LP (MMLP) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Midstream Partners LP stock appears to be undervalued. The current stock price of $2.32 is trading 15.3% below its estimated GF Value™ of $2.74. GuruFocus considers Martin Midstream Partners LP to be Modestly Undervalued.

Key valuation signals for MMLP:

  • Days Payable: 58.03 (24% above median its 10-year median of 46.75)
  • GF Value™: $2.74 vs. price of $2.32 (15.3% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 0.1% above the Oil & Gas median (#425 of 849)

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


Martin Midstream Partners LP Business Description

Industry EnergyOil & Gas
Address 4200 Stone Road, Kilgore, TX, USA, 75662
Martin Midstream Partners LP has a diverse set of operations focused on the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products, including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and natural gas liquids marketing, distribution and transportation services. The company operates in four segment Terminalling and storage, Transportation, Sulfur service, and Specialty products segment. The majority of the revenue is derived from the Specialty products segment.
53GF Score

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

$2.32
Price
$2.74
GF Value