MerlinMRLN -6.06%6 Days Payable is 247.15 as of Mar. 2026, which is 34% below its 10-year median of 375.51. GuruFocus rates MRLN with a GF Score™ of 6/100. Among 337 Aerospace & Defense companies, Merlin ranks better than 98.22% on this metric.
Merlin's average Accounts Payable for the
three
months ended in Mar. 2026 was $4.44 Mil. Merlin's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $1.64 Mil.
Hence, Merlin's Days Payable for the
three
months ended in Mar. 2026 was 247.15.
The historical rank and industry rank for Merlin's Days Payable or its related term are showing as below:
MRLN'
s Days Payable Range Over the Past 10 Years
Min: 57.76 Med: 375.51 Max: 988.62
Current: 988.62
During the past 2 years, Merlin's highest Days Payable was 988.62. The lowest was 57.76. And the median was 375.51.
MRLN's Days Payable is ranked better than 98.22% of 337
companies
in the Aerospace & Defense industry
Industry Median: 65.05
vs MRLN: 988.62
Merlin's Days Payable
increased
from Dec. 2023 (0.00) to Mar. 2026 (247.15).
It may suggest that Merlindelayed paying its suppliers.
Merlin Days Payable Related Terms
Merlin Days Payable Historical Data
* Premium members only.
The historical data trend for Merlin'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.
Merlin Days Payable Chart
Merlin Annual Data
Trend
Dec23
Dec24
Days Payable
693.25
57.76
Merlin Quarterly Data
Dec23
Dec24
Mar25
Sep25
Mar26
Days Payable
0.00
67.81
165.37
0.00
247.15
MRLN vs EH, ELMT, RGR: Days Payable Comparison
For the Aerospace & Defense subindustry, Merlin'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.
Merlin Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Merlin's Days Payable distribution charts can be found below:
* The bar in red indicates where Merlin's Days Payable falls into.
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.
Merlin's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Merlin (MRLN) has a Days Payable of 247.15 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 Merlin and its competitors. This is 34% below median its historical median of 375.51. Over the past decade, Merlin's Days Payable has ranged from 57.76 to 988.62. According to the industry distribution chart, Merlin ranks #6 out of 337 companies in the Aerospace & Defense industry, placing it in the top 1.8%.
Is Merlin's Days Payable too high?
Merlin's current Days Payable of 247.15 is 34% below median its 10-year median of 375.51. Over the past 10 years, this metric has ranged from a low of 57.76 to a high of 988.62. The Aerospace & Defense industry median Days Payable is 65.05. Merlin's value of 247.15 is 279.9% above this industry median. Based on the distribution chart, Merlin ranks #6 out of 337 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Merlin has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Merlin's Days Payable compare to EH and ELMT?
According to the Aerospace & Defense industry distribution chart, Merlin ranks #6 out of 337 companies for Days Payable. This places Merlin in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 65.05. Merlin's value of 247.15 is 279.9% above this benchmark. Historically, Merlin's own Days Payable has ranged from 57.76 to 988.62 over the past decade. While the company's 10-year median is 375.51 vs. the industry median of 65.05, Merlin 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. Merlin's current Days Payable of 247.15 is 279.9% 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 Merlin and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merlin's current Days Payable is 247.15, which is 34% below median its own 10-year median of 375.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merlin stock overvalued right now?
Merlin (MRLN) has a current Days Payable of 247.15. The current Days Payable is 247.15, which is 34% below median its 10-year median of 375.51 and 279.9% above the Aerospace & Defense industry median of 65.05. Merlin's overall GF Score™ is 6/100. 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 Merlin (MRLN), the current Days Payable is 247.15 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.
Merlin Inc is focused on developing autonomous flight software for legacy and next-generation airborne systems. Its aircraft-agnostic, AI-based software supports takeoff-to-landing autonomous operations for military and civil aviation programs. The company aims to build an AI-based operating software platform intended to support autonomous flight operations across a range of aircraft types.
6GF Score
Get the complete analysis for MRLN
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MRLN has been successfully added to your 