M Tek CopperNSE:MCL -1.94%39 Days Payable is 8.52 as of Jun. 2025, which is 65% below its 10-year median of 24.07. GuruFocus rates NSE:MCL with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, M Tek Copper ranks worse than 91.45% on this metric.
The historical rank and industry rank for M Tek Copper's Days Payable or its related term are showing as below:
NSE:MCL'
s Days Payable Range Over the Past 10 Years
Min: 10.95 Med: 24.07 Max: 17165.04
Current: 19.49
During the past 13 years, M Tek Copper's highest Days Payable was 17165.04. The lowest was 10.95. And the median was 24.07.
NSE:MCL's Days Payable is ranked worse than 91.45% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs NSE:MCL: 19.49
M Tek Copper's Days Payable
declined
from Jun. 2024 (33.41) to Jun. 2025 (8.52).
It may suggest that M Tek Copperaccelerated paying its suppliers.
M Tek Copper Days Payable Related Terms
M Tek Copper Days Payable Historical Data
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The historical data trend for M Tek Copper'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.
For the Copper subindustry, M Tek Copper'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.
M Tek Copper Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, M Tek Copper's Days Payable distribution charts can be found below:
* The bar in red indicates where M Tek Copper'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.
M Tek Copper's Days Payable for the fiscal year that ended in Mar. 2025 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.
M Tek Copper (NSE:MCL) has a Days Payable of 8.52 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on M Tek Copper and its competitors. This is 65% below median its historical median of 24.07. Over the past decade, M Tek Copper's Days Payable has ranged from 10.95 to 17,165.04. According to the industry distribution chart, M Tek Copper ranks #973 out of 1064 companies in the Metals & Mining industry, placing it in the top 91.4%.
Is M Tek Copper's Days Payable too high?
M Tek Copper's current Days Payable of 8.52 is 65% below median its 10-year median of 24.07. Over the past 10 years, this metric has ranged from a low of 10.95 to a high of 17,165.04. The Metals & Mining industry median Days Payable is 126.89. M Tek Copper's value of 8.52 is 93.3% below this industry median. Based on the distribution chart, M Tek Copper ranks #973 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, M Tek Copper has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does M Tek Copper's Days Payable compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, M Tek Copper ranks #973 out of 1064 companies for Days Payable. This places M Tek Copper in the lower half of its industry. The industry median Days Payable is 126.89. M Tek Copper's value of 8.52 is 93.3% below this benchmark. Historically, M Tek Copper's own Days Payable has ranged from 10.95 to 17,165.04 over the past decade. While the company's 10-year median is 24.07 vs. the industry median of 126.89, M Tek Copper 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 126.89, 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. M Tek Copper's current Days Payable of 8.52 is 93.3% 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 M Tek Copper and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M Tek Copper's current Days Payable is 8.52, which is 65% below median its own 10-year median of 24.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M Tek Copper stock overvalued right now?
M Tek Copper (NSE:MCL) has a current Days Payable of 8.52. The current Days Payable is 8.52, which is 65% below median its 10-year median of 24.07 and 93.3% below the Metals & Mining industry median of 126.89. M Tek Copper's overall GF Score™ is 39/100 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 M Tek Copper (NSE:MCL), the current Days Payable is 8.52 as of Jun. 2025. 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.
M Tek Copper Ltd, formerly Madhav Copper Ltd is engaged in the manufacturing of copper wires. Its products portfolio includes Bare Copper Wire, Copper End ring Laminates, Copper Strip And Rod-Profile, Enamelled Copper Round Winding Wire, among others.
39GF Score
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