Matrix Geo SolutionsNSE:MGSL +4.35%32 Days Payable is 111.08 as of Mar. 2026, which is 43% below its 10-year median of 195.36. GuruFocus rates NSE:MGSL with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 2,445 Hardware companies, Matrix Geo Solutions ranks better than 80.25% on this metric.
The historical rank and industry rank for Matrix Geo Solutions's Days Payable or its related term are showing as below:
NSE:MGSL'
s Days Payable Range Over the Past 10 Years
Min: 136.61 Med: 195.36 Max: 992.72
Current: 136.82
During the past 5 years, Matrix Geo Solutions's highest Days Payable was 992.72. The lowest was 136.61. And the median was 195.36.
NSE:MGSL's Days Payable is ranked better than 80.25% of 2445
companies
in the Hardware industry
Industry Median: 70.06
vs NSE:MGSL: 136.82
Matrix Geo Solutions's Days Payable
increased
from Mar. 2025 (104.58) to Mar. 2026 (111.08).
It may suggest that Matrix Geo Solutionsdelayed paying its suppliers.
Matrix Geo Solutions Days Payable Related Terms
Matrix Geo Solutions Days Payable Historical Data
* Premium members only.
The historical data trend for Matrix Geo Solutions'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.
NSE:MGSL vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Matrix Geo Solutions'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.
Matrix Geo Solutions Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Matrix Geo Solutions's Days Payable distribution charts can be found below:
* The bar in red indicates where Matrix Geo Solutions'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.
Matrix Geo Solutions's Days Payable for the fiscal year that ended in Mar. 2026 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.
Matrix Geo Solutions (NSE:MGSL) has a Days Payable of 111.08 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 Matrix Geo Solutions and its competitors. This is 43% below median its historical median of 195.36. Over the past decade, Matrix Geo Solutions' Days Payable has ranged from 136.61 to 992.72. According to the industry distribution chart, Matrix Geo Solutions ranks #483 out of 2445 companies in the Hardware industry, placing it in the top 19.8%.
Is Matrix Geo Solutions' Days Payable too high?
Matrix Geo Solutions' current Days Payable of 111.08 is 43% below median its 10-year median of 195.36. Over the past 10 years, this metric has ranged from a low of 136.61 to a high of 992.72. The Hardware industry median Days Payable is 70.06. Matrix Geo Solutions' value of 111.08 is 58.5% above this industry median. Based on the distribution chart, Matrix Geo Solutions ranks #483 out of 2445 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Matrix Geo Solutions has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Matrix Geo Solutions' Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Matrix Geo Solutions ranks #483 out of 2445 companies for Days Payable. This places Matrix Geo Solutions in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.06. Matrix Geo Solutions' value of 111.08 is 58.5% above this benchmark. Historically, Matrix Geo Solutions' own Days Payable has ranged from 136.61 to 992.72 over the past decade. While the company's 10-year median is 195.36 vs. the industry median of 70.06, Matrix Geo Solutions 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 Hardware company?
The median Days Payable among Hardware companies is 70.06, based on 2,445 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. Matrix Geo Solutions's current Days Payable of 111.08 is 58.5% 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 Matrix Geo Solutions and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Geo Solutions's current Days Payable is 111.08, which is 43% below median its own 10-year median of 195.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Geo Solutions stock overvalued right now?
Matrix Geo Solutions (NSE:MGSL) has a current Days Payable of 111.08. The current Days Payable is 111.08, which is 43% below median its 10-year median of 195.36 and 58.5% above the Hardware industry median of 70.06. Matrix Geo Solutions' overall GF Score™ is 32/100 with 4 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 Matrix Geo Solutions (NSE:MGSL), the current Days Payable is 111.08 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.
Matrix Geo Solutions Ltd is a Geospatial Technology and Engineering Consultancy, delivering cutting-edge solutions for survey, mapping, and data analysis. It provides geospatial and consulting services with a focus on Drone-as-a-Service (DaaS) and geospatial and remote sensing services. Through Drone as a service, it offers high-resolution drone-based aerial surveys for various applications, including mapping, surveillance, and infrastructure inspection. Services include the creation of detailed orthophotos, 3D models, digital elevation models, and precise topographical maps. In addition to drone services, it offers extensive consultancy in geospatial data analysis, where it utilizes remote sensing technologies like LiDAR, satellite imagery, and drone surveys to provide clients.
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