MMG (MMLTF) Days Payable: 63.85 (As of Dec. 2025) — 35% Above Median


MMLTF MMG Ltd MMLTF
64 GF Score
Price $0.86
GF Value $0.49
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MMG Days Payable?

MMG MMLTF -5.48% 64 Days Payable is 63.85 as of Dec. 2025, which is 35% above its 10-year median of 47.29. GuruFocus rates MMLTF with a GF Score™ of 64/100 and a GF Value™ of $0.49 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, MMG ranks worse than 66.54% on this metric.

MMG's average Accounts Payable for the six months ended in Dec. 2025 was $580 Mil. MMG's Cost of Goods Sold for the six months ended in Dec. 2025 was $1,656 Mil. Hence, MMG's Days Payable for the six months ended in Dec. 2025 was 63.85.

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

MMLTF' s Days Payable Range Over the Past 10 Years
Min: 32.6   Med: 47.29   Max: 62.39
Current: 62.39

During the past 13 years, MMG's highest Days Payable was 62.39. The lowest was 32.60. And the median was 47.29.

MMLTF's Days Payable is ranked worse than
66.54% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs MMLTF: 62.39

MMG's Days Payable declined from Dec. 2024 (67.72) to Dec. 2025 (63.85). It may suggest that MMG accelerated paying its suppliers.


MMG Days Payable Historical Data

* Premium members only.

The historical data trend for MMG'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.

MMG Days Payable Chart

MMG 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 46.53 47.21 33.64 47.38 51.79

MMG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 50.58 70.34 67.72 72.45 63.85

MMLTF vs SCCO, FCX: Days Payable Comparison

For the Copper subindustry, MMG'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.


MMG Days Payable vs Metals & Mining Industry

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

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


MMLTF
64GF Score
MMG Ltd MMLTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MMG 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.

MMG'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
=( (387.2 + 468.2) / 2 ) / 3014.2*365
=427.7 / 3014.2*365
=51.79

MMG's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (690.8 + 468.2) / 2 ) / 1656.4*365 / 2
=579.5 / 1656.4*365 / 2
=63.85

* 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 63.85 mean?
MMG (MMLTF) has a Days Payable of 63.85 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MMG and its competitors. This is 35% above median its historical median of 47.29. Over the past decade, MMG's Days Payable has ranged from 32.60 to 62.39. According to the industry distribution chart, MMG ranks #708 out of 1064 companies in the Metals & Mining industry, placing it in the top 66.5%.
Is MMG's Days Payable too high?
MMG's current Days Payable of 63.85 is 35% above median its 10-year median of 47.29. Over the past 10 years, this metric has ranged from a low of 32.60 to a high of 62.39. The Metals & Mining industry median Days Payable is 127.62. MMG's value of 63.85 is 50% below this industry median. Based on the distribution chart, MMG ranks #708 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MMG has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MMG's Days Payable compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, MMG ranks #708 out of 1064 companies for Days Payable. This places MMG in the lower half of its industry. The industry median Days Payable is 127.62. MMG's value of 63.85 is 50% below this benchmark. Historically, MMG's own Days Payable has ranged from 32.60 to 62.39 over the past decade. While the company's 10-year median is 47.29 vs. the industry median of 127.62, MMG 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 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. MMG's current Days Payable of 63.85 is 50% 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 MMG and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMG's current Days Payable is 63.85, which is 35% above median its own 10-year median of 47.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMG stock overvalued right now?
Based on GuruFocus' analysis, MMG (MMLTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.49, compared to a current price of $0.86 — trading 75.2% above its estimated fair value. The current Days Payable is 63.85, which is 35% above median its 10-year median of 47.29 and 50% below the Metals & Mining industry median of 127.62. MMG's overall GF Score™ is 64/100 with 2 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 MMG (MMLTF), the current Days Payable is 63.85 as of Dec. 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.

Is MMG (MMLTF) Overvalued in 2026?

Based on GuruFocus' analysis, MMG stock appears to be overvalued. The current stock price of $0.86 is trading 75.2% above its estimated GF Value™ of $0.49. GuruFocus considers MMG to be Significantly Overvalued.

Key valuation signals for MMLTF:

  • Days Payable: 63.85 (35% above median its 10-year median of 47.29)
  • GF Value™: $0.49 vs. price of $0.86 (75.2% above fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 50% below the Metals & Mining median (#708 of 1064)

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


MMG Business Description

Other Exchanges 01208:Hong KongOMS1:Germany
Address 28 Freshwater Place, Level 24, GPO Box 2982, Southbank, Melbourne, VIC, AUS, 3006
MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, cobalt, gold, silver, molybdenum, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, Khoemacau, Rosebery, and others. The company derives maximum revenue from Las Bambas mine, which is an open-pit, scalable, long-life copper and molybdenum mining operation located in the Cotabambas, Apurimac region of Peru.
64GF Score

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

$0.86
Price
$0.49
GF Value