MSEX (Middlesex Water Co) Days Payable: 120.59 (As of Mar. 2026) — Near Median


MSEX Middlesex Water Co MSEX
72 GF Score
Price $57.55
GF Value $62.62
Valuation Fairly Valued
! 3 Warning Signs
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What is Middlesex Water Co Days Payable?

Middlesex Water Co MSEX +1.78% 72 Days Payable is 120.59 as of Mar. 2026, which is 7% above its 10-year median of 112.22. GuruFocus rates MSEX with a GF Score™ of 72/100 and a GF Value™ of $62.62 (Fairly Valued). The stock has 3 warning signs investors should review. Among 483 Utilities - Regulated companies, Middlesex Water Co ranks better than 71.22% on this metric.

Middlesex Water Co's average Accounts Payable for the three months ended in Mar. 2026 was $30.4 Mil. Middlesex Water Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $23.0 Mil. Hence, Middlesex Water Co's Days Payable for the three months ended in Mar. 2026 was 120.59.

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

MSEX' s Days Payable Range Over the Past 10 Years
Min: 52.28   Med: 112.22   Max: 138.56
Current: 118.47

During the past 13 years, Middlesex Water Co's highest Days Payable was 138.56. The lowest was 52.28. And the median was 112.22.

MSEX's Days Payable is ranked better than
71.22% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs MSEX: 118.47

Middlesex Water Co's Days Payable declined from Mar. 2025 (128.71) to Mar. 2026 (120.59). It may suggest that Middlesex Water Co accelerated paying its suppliers.


Middlesex Water Co Days Payable Historical Data

* Premium members only.

The historical data trend for Middlesex Water Co'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.

Middlesex Water Co Days Payable Chart

Middlesex Water Co 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 127.75 106.07 115.20 109.99 118.70

Middlesex Water Co 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 128.71 123.19 113.25 116.06 120.59

MSEX vs YORW, CWCO, ARTNA: Days Payable Comparison

For the Utilities - Regulated Water subindustry, Middlesex Water Co'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.


Middlesex Water Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Middlesex Water Co's Days Payable falls into.


MSEX
72GF Score
Middlesex Water Co MSEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Middlesex Water Co 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.

Middlesex Water Co'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
=( (28.05 + 31.326) / 2 ) / 91.291*365
=29.688 / 91.291*365
=118.70

Middlesex Water Co'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
=( (31.326 + 29.496) / 2 ) / 23.012*365 / 4
=30.411 / 23.012*365 / 4
=120.59

* 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 120.59 mean?
Middlesex Water Co (MSEX) has a Days Payable of 120.59 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 Middlesex Water Co and its competitors. This is near median its historical median of 112.22. Over the past decade, Middlesex Water Co's Days Payable has ranged from 52.28 to 138.56. According to the industry distribution chart, Middlesex Water Co ranks #139 out of 483 companies in the Utilities - Regulated industry, placing it in the top 28.8%.
Is Middlesex Water Co's Days Payable too high?
Middlesex Water Co's current Days Payable of 120.59 is near median its 10-year median of 112.22. Over the past 10 years, this metric has ranged from a low of 52.28 to a high of 138.56. The Utilities - Regulated industry median Days Payable is 70.35. Middlesex Water Co's value of 120.59 is 71.4% above this industry median. Based on the distribution chart, Middlesex Water Co ranks #139 out of 483 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Middlesex Water Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Middlesex Water Co's Days Payable compare to YORW and CWCO?
According to the Utilities - Regulated industry distribution chart, Middlesex Water Co ranks #139 out of 483 companies for Days Payable. This puts Middlesex Water Co in the upper half of its industry. The industry median Days Payable is 70.35. Middlesex Water Co's value of 120.59 is 71.4% above this benchmark. Historically, Middlesex Water Co's own Days Payable has ranged from 52.28 to 138.56 over the past decade. While the company's 10-year median is 112.22 vs. the industry median of 70.35, Middlesex Water Co 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Middlesex Water Co's current Days Payable of 120.59 is 71.4% 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 Middlesex Water Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middlesex Water Co's current Days Payable is 120.59, which is near median its own 10-year median of 112.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Middlesex Water Co stock overvalued right now?
Based on GuruFocus' analysis, Middlesex Water Co (MSEX) is currently considered Fairly Valued. The stock's GF Value™ is $62.62, compared to a current price of $57.55 — trading 8.1% below its estimated fair value. The current Days Payable is 120.59, which is near median its 10-year median of 112.22 and 71.4% above the Utilities - Regulated industry median of 70.35. Middlesex Water Co's overall GF Score™ is 72/100 with 3 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 Middlesex Water Co (MSEX), the current Days Payable is 120.59 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 Middlesex Water Co (MSEX) Overvalued in 2026?

Based on GuruFocus' analysis, Middlesex Water Co stock appears to be undervalued. The current stock price of $57.55 is trading 8.1% below its estimated GF Value™ of $62.62. GuruFocus considers Middlesex Water Co to be Fairly Valued.

Key valuation signals for MSEX:

  • Days Payable: 120.59 (near median its 10-year median of 112.22)
  • GF Value™: $62.62 vs. price of $57.55 (8.1% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 71.4% above the Utilities - Regulated median (#139 of 483)

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


Middlesex Water Co Business Description

Address 485C Route 1 South, Suite 400, Iselin, NJ, USA, 08830
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
72GF Score

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

$57.55
Price
$62.62
GF Value