MNMXF (MiniMax Group) Days Payable: 324.22 (As of Dec. 2025) — 31% Below Median

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MNMXF MiniMax Group Inc MNMXF
10 GF Score
Price $38.00
! 2 Warning Signs
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What is MiniMax Group Days Payable?

MiniMax Group MNMXF -52.50% 10 Days Payable is 324.22 as of Dec. 2025, which is 31% below its 10-year median of 466.96. GuruFocus rates MNMXF with a GF Score™ of 10/100. The stock has 2 warning signs investors should review. Among 2,608 Software companies, MiniMax Group ranks better than 96.7% on this metric.

MiniMax Group's average Accounts Payable for the three months ended in Dec. 2025 was $63.95 Mil. MiniMax Group's Cost of Goods Sold for the three months ended in Dec. 2025 was $18.00 Mil. Hence, MiniMax Group's Days Payable for the three months ended in Dec. 2025 was 324.22.

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

MNMXF' s Days Payable Range Over the Past 10 Years
Min: 336.9   Med: 466.96   Max: 1210.68
Current: 1210.68

During the past 4 years, MiniMax Group's highest Days Payable was 1210.68. The lowest was 336.90. And the median was 466.96.

MNMXF's Days Payable is ranked better than
96.7% of 2608 companies
in the Software industry
Industry Median: 51.715 vs MNMXF: 1210.68

MiniMax Group's Days Payable increased from Dec. 2022 (0.00) to Dec. 2025 (324.22). It may suggest that MiniMax Group delayed paying its suppliers.


MiniMax Group Days Payable Historical Data

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The historical data trend for MiniMax 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.

MiniMax Group Days Payable Chart

MiniMax Group Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 830.68 466.41 337.05

MiniMax Group Quarterly Data
Dec22 Dec23 Dec24 Sep25 Dec25
Days Payable 0.00 0.00 398.32 0.00 324.22

MNMXF vs : Days Payable Comparison

For the Software - Infrastructure subindustry, MiniMax 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.


MiniMax Group Days Payable vs Software Industry

For the Software industry and Technology sector, MiniMax Group's Days Payable distribution charts can be found below:

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


MNMXF
10GF Score
MiniMax Group Inc MNMXF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MiniMax Group 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.

MiniMax Group'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
=( (51.212 + 57.677) / 2 ) / 58.959*365
=54.4445 / 58.959*365
=337.05

MiniMax Group'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (70.219 + 57.677) / 2 ) / 17.998*365 / 4
=63.948 / 17.998*365 / 4
=324.22

* 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 324.22 mean?
MiniMax Group (MNMXF) has a Days Payable of 324.22 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 MiniMax Group and its competitors. This is 31% below median its historical median of 466.96. Over the past decade, MiniMax Group's Days Payable has ranged from 336.90 to 1,210.68. According to the industry distribution chart, MiniMax Group ranks #86 out of 2608 companies in the Software industry, placing it in the top 3.3%.
Is MiniMax Group's Days Payable too high?
MiniMax Group's current Days Payable of 324.22 is 31% below median its 10-year median of 466.96. Over the past 10 years, this metric has ranged from a low of 336.90 to a high of 1,210.68. The Software industry median Days Payable is 51.72. MiniMax Group's value of 324.22 is 526.9% above this industry median. Based on the distribution chart, MiniMax Group ranks #86 out of 2608 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, MiniMax Group has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does MiniMax Group's Days Payable compare to ?
According to the Software industry distribution chart, MiniMax Group ranks #86 out of 2608 companies for Days Payable. This places MiniMax Group in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.72. MiniMax Group's value of 324.22 is 526.9% above this benchmark. Historically, MiniMax Group's own Days Payable has ranged from 336.90 to 1,210.68 over the past decade. While the company's 10-year median is 466.96 vs. the industry median of 51.72, MiniMax Group 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 Software company?
The median Days Payable among Software companies is 51.72, based on 2,608 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. MiniMax Group's current Days Payable of 324.22 is 526.9% 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 MiniMax Group and its competitors. For the Software industry, the median Days Payable is 51.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MiniMax Group's current Days Payable is 324.22, which is 31% below median its own 10-year median of 466.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MiniMax Group stock overvalued right now?
MiniMax Group (MNMXF) has a current Days Payable of 324.22. The current Days Payable is 324.22, which is 31% below median its 10-year median of 466.96 and 526.9% above the Software industry median of 51.72. MiniMax Group's overall GF Score™ is 10/100 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 MiniMax Group (MNMXF), the current Days Payable is 324.22 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.

MiniMax Group Business Description

Comparable Companies
Other Exchanges 00100:Hong KongE5A:Germany
Address No. 65 Guiqing Road, 11th Floor, Building B, Xinyan Mansion, Xuhui District, Shanghai, CHN
MiniMax Group Inc is a AI foundation model company. It is committed to driving AI innovation towards performing the full range of human intellectual tasks, from learning and reasoning to planning and generalizing knowledge across diverse domains. Its proprietary foundation model suite, led by MiniMax-M2, Hailuo-02, and Speech-02, has long context processing capacity and can understand, generate, and integrate a wide range of modalities, including text, video, and audio. These models power its AI-native products - including MiniMax, Hailuo AI, MiniMax Audio, Talkie/Xingye, and its enterprise and developer-facing Open Platform, delivering intelligent and dynamic experiences to users globally.
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