MODVF (Melcor Developments) Days Payable: 127.27 (As of Mar. 2026) — 200% Above Median


MODVF Melcor Developments Ltd MODVF
79 GF Score
Price $13.05
GF Value $11.42
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Melcor Developments Days Payable?

Melcor Developments MODVF 79 Days Payable is 127.27 as of Mar. 2026, which is 200% above its 10-year median of 42.38. GuruFocus rates MODVF with a GF Score™ of 79/100 and a GF Value™ of $11.42 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,571 Real Estate companies, Melcor Developments ranks worse than 56.08% on this metric.

Melcor Developments's average Accounts Payable for the three months ended in Mar. 2026 was $23.9 Mil. Melcor Developments's Cost of Goods Sold for the three months ended in Mar. 2026 was $17.2 Mil. Hence, Melcor Developments's Days Payable for the three months ended in Mar. 2026 was 127.27.

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

MODVF' s Days Payable Range Over the Past 10 Years
Min: 22.49   Med: 42.38   Max: 74.98
Current: 74.98

During the past 13 years, Melcor Developments's highest Days Payable was 74.98. The lowest was 22.49. And the median was 42.38.

MODVF's Days Payable is ranked worse than
56.08% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs MODVF: 74.98

Melcor Developments's Days Payable declined from Mar. 2025 (142.77) to Mar. 2026 (127.27). It may suggest that Melcor Developments accelerated paying its suppliers.


Melcor Developments Days Payable Historical Data

* Premium members only.

The historical data trend for Melcor Developments'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.

Melcor Developments Days Payable Chart

Melcor Developments 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 22.48 43.87 39.81 37.14 31.52

Melcor Developments 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 142.77 97.82 134.66 32.03 127.27

Melcor Developments Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Melcor Developments'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.


Melcor Developments Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Melcor Developments's Days Payable distribution charts can be found below:

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


MODVF
79GF Score
Melcor Developments Ltd MODVF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melcor Developments 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.

Melcor Developments'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
=( (13.517 + 14.14) / 2 ) / 160.131*365
=13.8285 / 160.131*365
=31.52

Melcor Developments'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
=( (14.14 + 33.699) / 2 ) / 17.15*365 / 4
=23.9195 / 17.15*365 / 4
=127.27

* 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 127.27 mean?
Melcor Developments (MODVF) has a Days Payable of 127.27 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 Melcor Developments and its competitors. This is 200% above median its historical median of 42.38. Over the past decade, Melcor Developments' Days Payable has ranged from 22.49 to 74.98. According to the industry distribution chart, Melcor Developments ranks #881 out of 1571 companies in the Real Estate industry, placing it in the top 56.1%.
Is Melcor Developments' Days Payable too high?
Melcor Developments' current Days Payable of 127.27 is 200% above median its 10-year median of 42.38. Over the past 10 years, this metric has ranged from a low of 22.49 to a high of 74.98. The Real Estate industry median Days Payable is 94.38. Melcor Developments' value of 127.27 is 34.8% above this industry median. Based on the distribution chart, Melcor Developments ranks #881 out of 1571 companies in the Real Estate industry, which is below the industry midpoint. Overall, Melcor Developments has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melcor Developments' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Melcor Developments ranks #881 out of 1571 companies for Days Payable. This places Melcor Developments in the lower half of its industry. The industry median Days Payable is 94.38. Melcor Developments' value of 127.27 is 34.8% above this benchmark. Historically, Melcor Developments' own Days Payable has ranged from 22.49 to 74.98 over the past decade. While the company's 10-year median is 42.38 vs. the industry median of 94.38, Melcor Developments 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 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. Melcor Developments's current Days Payable of 127.27 is 34.8% 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 Melcor Developments and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melcor Developments's current Days Payable is 127.27, which is 200% above median its own 10-year median of 42.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melcor Developments stock overvalued right now?
Based on GuruFocus' analysis, Melcor Developments (MODVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.42, compared to a current price of $13.05 — trading 14.3% above its estimated fair value. The current Days Payable is 127.27, which is 200% above median its 10-year median of 42.38 and 34.8% above the Real Estate industry median of 94.38. Melcor Developments' overall GF Score™ is 79/100 with 4 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 Melcor Developments (MODVF), the current Days Payable is 127.27 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 Melcor Developments (MODVF) Overvalued in 2026?

Based on GuruFocus' analysis, Melcor Developments stock appears to be overvalued. The current stock price of $13.05 is trading 14.3% above its estimated GF Value™ of $11.42. GuruFocus considers Melcor Developments to be Modestly Overvalued.

Key valuation signals for MODVF:

  • Days Payable: 127.27 (200% above median its 10-year median of 42.38)
  • GF Value™: $11.42 vs. price of $13.05 (14.3% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 34.8% above the Real Estate median (#881 of 1571)

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


Melcor Developments Business Description

Other Exchanges MRD:Canada
Address 10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Land: acquires raw land and plans residential communities and commercial developments, Properties: owns and operates a portfolio of commercial and residential properties and development of commercial properties, Golf: owning and operating championship golf courses associated with residential communities, Corporate: orchestrates strategic planning, financial governance, risk mitigation guiding the organization through dynamic market shifts towards sustained and adaptive success.
79GF Score

Get the complete analysis for MODVF

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

$13.05
Price
$11.42
GF Value