MTLS (Materialise NV) Days Payable: 64.57 (As of Mar. 2026) — 17% Below Median


MTLS Materialise NV MTLS
64 GF Score
Price $6.77
! 7 Warning Signs
View Full Analysis

What is Materialise NV Days Payable?

Materialise NV MTLS +1.80% 64 Days Payable is 64.57 as of Mar. 2026, which is 17% below its 10-year median of 77.33. GuruFocus rates MTLS with a GF Score™ of 64/100. The stock has 7 warning signs investors should review. Among 2,602 Software companies, Materialise NV ranks better than 54.5% on this metric.

Materialise NV's average Accounts Payable for the three months ended in Mar. 2026 was $23.2 Mil. Materialise NV's Cost of Goods Sold for the three months ended in Mar. 2026 was $32.8 Mil. Hence, Materialise NV's Days Payable for the three months ended in Mar. 2026 was 64.57.

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

MTLS' s Days Payable Range Over the Past 10 Years
Min: 61.75   Med: 77.33   Max: 90.31
Current: 61.75

During the past 13 years, Materialise NV's highest Days Payable was 90.31. The lowest was 61.75. And the median was 77.33.

MTLS's Days Payable is ranked better than
54.5% of 2602 companies
in the Software industry
Industry Median: 53.825 vs MTLS: 61.75

Materialise NV's Days Payable declined from Mar. 2025 (67.57) to Mar. 2026 (64.57). It may suggest that Materialise NV accelerated paying its suppliers.


Materialise NV Days Payable Historical Data

* Premium members only.

The historical data trend for Materialise NV'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.

Materialise NV Days Payable Chart

Materialise NV 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 82.02 79.09 71.95 71.50 65.25

Materialise NV 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 67.57 67.56 52.43 60.60 64.57

MTLS vs CRM, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, Materialise NV'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.


Materialise NV Days Payable vs Software Industry

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

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


MTLS
64GF Score
Materialise NV MTLS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Materialise NV 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.

Materialise NV'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
=( (24.448 + 23.566) / 2 ) / 134.29*365
=24.007 / 134.29*365
=65.25

Materialise NV'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
=( (23.566 + 22.871) / 2 ) / 32.813*365 / 4
=23.2185 / 32.813*365 / 4
=64.57

* 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 64.57 mean?
Materialise NV (MTLS) has a Days Payable of 64.57 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 Materialise NV and its competitors. This is 17% below median its historical median of 77.33. Over the past decade, Materialise NV's Days Payable has ranged from 61.75 to 90.31. According to the industry distribution chart, Materialise NV ranks #1184 out of 2602 companies in the Software industry, placing it in the top 45.5%.
Is Materialise NV's Days Payable too high?
Materialise NV's current Days Payable of 64.57 is 17% below median its 10-year median of 77.33. Over the past 10 years, this metric has ranged from a low of 61.75 to a high of 90.31. The Software industry median Days Payable is 53.83. Materialise NV's value of 64.57 is 20% above this industry median. Based on the distribution chart, Materialise NV ranks #1184 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, Materialise NV has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Materialise NV's Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, Materialise NV ranks #1184 out of 2602 companies for Days Payable. This puts Materialise NV in the upper half of its industry. The industry median Days Payable is 53.83. Materialise NV's value of 64.57 is 20% above this benchmark. Historically, Materialise NV's own Days Payable has ranged from 61.75 to 90.31 over the past decade. While the company's 10-year median is 77.33 vs. the industry median of 53.83, Materialise NV 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 53.83, based on 2,602 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. Materialise NV's current Days Payable of 64.57 is 20% 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 Materialise NV and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Materialise NV's current Days Payable is 64.57, which is 17% below median its own 10-year median of 77.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materialise NV stock overvalued right now?
Materialise NV (MTLS) has a current Days Payable of 64.57. The current Days Payable is 64.57, which is 17% below median its 10-year median of 77.33 and 20% above the Software industry median of 53.83. Materialise NV's overall GF Score™ is 64/100 with 7 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 Materialise NV (MTLS), the current Days Payable is 64.57 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.

Materialise NV Business Description

Other Exchanges 06MA:GermanyMTLS:Belgium
Address Technologielaan 15, Leuven, BEL, 3001
Materialise NV is a provider of 3D-printed medical devices and software and a pioneer in additive manufacturing software and services. The company operates through three principal segments: Materialise Software, Materialise Medical, and Materialise Manufacturing, with the Materialise Medical segment generating maximum revenue. The Materialise Medical segment develops and delivers medical software solutions, medical devices, and related products and services; the Materialise Software segment develops and delivers additive manufacturing software solutions and related services; and the Materialise Manufacturing segment delivers 3D-printed products and related services. The company generates maximum revenue from the United States of America.
64GF Score

Get the complete analysis for MTLS

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

$6.77
Price