* 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.
Multi Commodity Exchange of India Days Payable Chart
NSE:MCX vs SPGI, CME, MCO: Days Payable Comparison
For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of India'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.
Multi Commodity Exchange of India Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Multi Commodity Exchange of India's Days Payable distribution charts can be found below:
* The bar in red indicates where Multi Commodity Exchange of India's Days Payable falls into.
Multi Commodity Exchange of India 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.
* 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.
Multi Commodity Exchange of India (NSE:MCX) has a Days Payable of 150.87 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 Multi Commodity Exchange of India and its competitors. This is 106% above median its historical median of 73.20. Over the past decade, Multi Commodity Exchange of India's Days Payable has ranged from 28.58 to 129.41. According to the industry distribution chart, Multi Commodity Exchange of India ranks #243 out of 541 companies in the Capital Markets industry, placing it in the top 44.9%.
Is Multi Commodity Exchange of India's Days Payable too high?
Multi Commodity Exchange of India's current Days Payable of 150.87 is 106% above median its 10-year median of 73.20. Over the past 10 years, this metric has ranged from a low of 28.58 to a high of 129.41. The Capital Markets industry median Days Payable is 91.67. Multi Commodity Exchange of India's value of 150.87 is 64.6% above this industry median. Based on the distribution chart, Multi Commodity Exchange of India ranks #243 out of 541 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Multi Commodity Exchange of India has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multi Commodity Exchange of India's Days Payable compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Multi Commodity Exchange of India ranks #243 out of 541 companies for Days Payable. This puts Multi Commodity Exchange of India in the upper half of its industry. The industry median Days Payable is 91.67. Multi Commodity Exchange of India's value of 150.87 is 64.6% above this benchmark. Historically, Multi Commodity Exchange of India's own Days Payable has ranged from 28.58 to 129.41 over the past decade. While the company's 10-year median is 73.20 vs. the industry median of 91.67, Multi Commodity Exchange of India 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.67, based on 541 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. Multi Commodity Exchange of India's current Days Payable of 150.87 is 64.6% 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 Multi Commodity Exchange of India and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi Commodity Exchange of India's current Days Payable is 150.87, which is 106% above median its own 10-year median of 73.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi Commodity Exchange of India stock overvalued right now?
Based on GuruFocus' analysis, Multi Commodity Exchange of India (NSE:MCX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,301.14, compared to a current price of ₹2,814.00 — trading 14.8% below its estimated fair value. The current Days Payable is 150.87, which is 106% above median its 10-year median of 73.20 and 64.6% above the Capital Markets industry median of 91.67. Multi Commodity Exchange of India's overall GF Score™ is 97/100. 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 Multi Commodity Exchange of India (NSE:MCX), the current Days Payable is 150.87 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 Multi Commodity Exchange of India (NSE:MCX) Overvalued in 2026?
Based on GuruFocus' analysis, Multi Commodity Exchange of India stock appears to be undervalued.
The current stock price of ₹2,814.00 is trading 14.8% below its estimated GF Value™ of ₹3,301.14.
GuruFocus considers Multi Commodity Exchange of India to be Modestly Undervalued.
Key valuation signals for NSE:MCX:
Days Payable: 150.87 (106% above median its 10-year median of 73.20)
GF Value™: ₹3,301.14 vs. price of ₹2,814.00 (14.8% below fair value)
Industry Position: 64.6% above the Capital Markets median (#243 of 541)
No single metric tells the full story. See the NSE:MCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multi Commodity Exchange of India Business Description
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments and other miscellaneous income.
97GF Score
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