MMP IndustriesNSE:MMP +1.88%87 Days Payable is 21.19 as of Mar. 2026, which is 4% above its 10-year median of 20.29. GuruFocus rates NSE:MMP with a GF Score™ of 87/100 and a GF Value™ of ₹336.55 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,065 Metals & Mining companies, MMP Industries ranks worse than 91.74% on this metric.
The historical rank and industry rank for MMP Industries's Days Payable or its related term are showing as below:
NSE:MMP'
s Days Payable Range Over the Past 10 Years
Min: 15.88 Med: 20.29 Max: 27.63
Current: 18.87
During the past 13 years, MMP Industries's highest Days Payable was 27.63. The lowest was 15.88. And the median was 20.29.
NSE:MMP's Days Payable is ranked worse than 91.74% of 1065
companies
in the Metals & Mining industry
Industry Median: 127.26
vs NSE:MMP: 18.87
MMP Industries's Days Payable
increased
from Mar. 2025 (13.81) to Mar. 2026 (21.19).
It may suggest that MMP Industriesdelayed paying its suppliers.
MMP Industries Days Payable Related Terms
MMP Industries Days Payable Historical Data
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The historical data trend for MMP Industries'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 Aluminum subindustry, MMP Industries'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.
MMP Industries Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MMP Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where MMP Industries'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.
MMP Industries'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.
MMP Industries (NSE:MMP) has a Days Payable of 21.19 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 MMP Industries and its competitors. This is near median its historical median of 20.29. Over the past decade, MMP Industries' Days Payable has ranged from 15.88 to 27.63. According to the industry distribution chart, MMP Industries ranks #977 out of 1065 companies in the Metals & Mining industry, placing it in the top 91.7%.
Is MMP Industries' Days Payable too high?
MMP Industries' current Days Payable of 21.19 is near median its 10-year median of 20.29. Over the past 10 years, this metric has ranged from a low of 15.88 to a high of 27.63. The Metals & Mining industry median Days Payable is 127.26. MMP Industries' value of 21.19 is 83.3% below this industry median. Based on the distribution chart, MMP Industries ranks #977 out of 1065 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MMP Industries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MMP Industries' Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, MMP Industries ranks #977 out of 1065 companies for Days Payable. This places MMP Industries in the lower half of its industry. The industry median Days Payable is 127.26. MMP Industries' value of 21.19 is 83.3% below this benchmark. Historically, MMP Industries' own Days Payable has ranged from 15.88 to 27.63 over the past decade. While the company's 10-year median is 20.29 vs. the industry median of 127.26, MMP Industries 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 127.26, based on 1,065 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. MMP Industries's current Days Payable of 21.19 is 83.3% 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 MMP Industries and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMP Industries's current Days Payable is 21.19, which is near median its own 10-year median of 20.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMP Industries stock overvalued right now?
Based on GuruFocus' analysis, MMP Industries (NSE:MMP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹336.55, compared to a current price of ₹279.80 — trading 16.9% below its estimated fair value. The current Days Payable is 21.19, which is near median its 10-year median of 20.29 and 83.3% below the Metals & Mining industry median of 127.26. MMP Industries' overall GF Score™ is 87/100 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 MMP Industries (NSE:MMP), the current Days Payable is 21.19 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 MMP Industries (NSE:MMP) Overvalued in 2026?
Based on GuruFocus' analysis, MMP Industries stock appears to be undervalued.
The current stock price of ₹279.80 is trading 16.9% below its estimated GF Value™ of ₹336.55.
GuruFocus considers MMP Industries to be Modestly Undervalued.
Key valuation signals for NSE:MMP:
Days Payable: 21.19 (near median its 10-year median of 20.29)
GF Value™: ₹336.55 vs. price of ₹279.80 (16.9% below fair value)
Industry Position: 83.3% below the Metals & Mining median (#977 of 1065)
No single metric tells the full story. See the NSE:MMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MMP Industries Ltd is an Indian company engaged in manufacturing aluminum powders, aluminum pastes, and aluminum conductors. The products of the company are used in the construction industry. Its segments are Aluminium Powder and Paste; Aluminium Foil, Aluminium Conductor and Others. The business is spread across Europe, the Middle East, Africa and the Asia Pacific. The company generates the majority of its revenue from the Aluminium Powder and Paste segment.
87GF Score
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