MUX (McEwen) Days Payable: 99.32 (As of Mar. 2026) — 11% Above Median


MUX McEwen Inc MUX
66 GF Score
Price $17.32
GF Value $11.06
Valuation Significantly Overvalued
! 3 Warning Signs
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What is McEwen Days Payable?

McEwen MUX +1.64% 66 Days Payable is 99.32 as of Mar. 2026, which is 11% above its 10-year median of 89.26. GuruFocus rates MUX with a GF Score™ of 66/100 and a GF Value™ of $11.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, McEwen ranks worse than 58.74% on this metric.

McEwen's average Accounts Payable for the three months ended in Mar. 2026 was $46.3 Mil. McEwen's Cost of Goods Sold for the three months ended in Mar. 2026 was $42.6 Mil. Hence, McEwen's Days Payable for the three months ended in Mar. 2026 was 99.32.

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

MUX' s Days Payable Range Over the Past 10 Years
Min: 64.97   Med: 89.26   Max: 135.09
Current: 83

During the past 13 years, McEwen's highest Days Payable was 135.09. The lowest was 64.97. And the median was 89.26.

MUX's Days Payable is ranked worse than
58.74% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs MUX: 83.00

McEwen's Days Payable increased from Mar. 2025 (98.73) to Mar. 2026 (99.32). It may suggest that McEwen delayed paying its suppliers.


McEwen Days Payable Historical Data

* Premium members only.

The historical data trend for McEwen'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.

McEwen Days Payable Chart

McEwen 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 101.10 135.09 80.13 64.97 89.26

McEwen 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 98.73 80.74 74.90 78.39 99.32

MUX vs LODE, GORO, THMG: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, McEwen'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.


McEwen Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, McEwen's Days Payable distribution charts can be found below:

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


MUX
66GF Score
McEwen Inc MUX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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McEwen 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.

McEwen'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
=( (28.448 + 44.911) / 2 ) / 149.989*365
=36.6795 / 149.989*365
=89.26

McEwen'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
=( (44.911 + 47.728) / 2 ) / 42.554*365 / 4
=46.3195 / 42.554*365 / 4
=99.32

* 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 99.32 mean?
McEwen (MUX) has a Days Payable of 99.32 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 McEwen and its competitors. This is 11% above median its historical median of 89.26. Over the past decade, McEwen's Days Payable has ranged from 64.97 to 135.09. According to the industry distribution chart, McEwen ranks #625 out of 1064 companies in the Metals & Mining industry, placing it in the top 58.7%.
Is McEwen's Days Payable too high?
McEwen's current Days Payable of 99.32 is 11% above median its 10-year median of 89.26. Over the past 10 years, this metric has ranged from a low of 64.97 to a high of 135.09. The Metals & Mining industry median Days Payable is 127.62. McEwen's value of 99.32 is 22.2% below this industry median. Based on the distribution chart, McEwen ranks #625 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, McEwen has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does McEwen's Days Payable compare to LODE and GORO?
According to the Metals & Mining industry distribution chart, McEwen ranks #625 out of 1064 companies for Days Payable. This places McEwen in the lower half of its industry. The industry median Days Payable is 127.62. McEwen's value of 99.32 is 22.2% below this benchmark. Historically, McEwen's own Days Payable has ranged from 64.97 to 135.09 over the past decade. While the company's 10-year median is 89.26 vs. the industry median of 127.62, McEwen has consistently been below 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 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. McEwen's current Days Payable of 99.32 is 22.2% below 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 McEwen and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McEwen's current Days Payable is 99.32, which is 11% above median its own 10-year median of 89.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McEwen stock overvalued right now?
Based on GuruFocus' analysis, McEwen (MUX) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.06, compared to a current price of $17.32 — trading 56.6% above its estimated fair value. The current Days Payable is 99.32, which is 11% above median its 10-year median of 89.26 and 22.2% below the Metals & Mining industry median of 127.62. McEwen's overall GF Score™ is 66/100 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 McEwen (MUX), the current Days Payable is 99.32 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 McEwen (MUX) Overvalued in 2026?

Based on GuruFocus' analysis, McEwen stock appears to be overvalued. The current stock price of $17.32 is trading 56.6% above its estimated GF Value™ of $11.06. GuruFocus considers McEwen to be Significantly Overvalued.

Key valuation signals for MUX:

  • Days Payable: 99.32 (11% above median its 10-year median of 89.26)
  • GF Value™: $11.06 vs. price of $17.32 (56.6% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 22.2% below the Metals & Mining median (#625 of 1064)

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


McEwen Business Description

Address 150 King Street West, Suite 2800, PO Box 24, Toronto, ON, CAN, M5H 1J9
McEwen Inc is a mining and minerals production and exploration company that focuses on precious and base minerals in Argentina, Mexico, and the United States. The company generates its revenue from gold and silver production. It owns and operates the wholly-owned El Gallo 1 mine in Mexico and holds a minority stake in the company that manages the San Jose mine in Argentina. Its Other operations include: Fox Complex, Gold Bar Complex, Project Fenix, and Los Azules. The company generates its revenue from gold and silver production. Its operating segments include Canada, United States, Mexico, MSC and McEwen Copper, of which it derives maximum revenue from USA.
66GF Score

Get the complete analysis for MUX

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

$17.32
Price
$11.06
GF Value