Millenniumpthorne Hotels New Zealand (NZSE:MCK) Days Payable: 71.45 (As of Dec. 2025) — 201% Above Median


NZSE:MCK Millennium & Copthorne Hotels New Zealand Ltd NZSE:MCK
68 GF Score
Price NZ$3.34
GF Value NZ$2.68
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Millenniumpthorne Hotels New Zealand Days Payable?

Millenniumpthorne Hotels New Zealand NZSE:MCK -0.30% 68 Days Payable is 71.45 as of Dec. 2025, which is 201% above its 10-year median of 23.70. GuruFocus rates NZSE:MCK with a GF Score™ of 68/100 and a GF Value™ of NZ$2.68 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 781 Travel & Leisure companies, Millenniumpthorne Hotels New Zealand ranks better than 68.25% on this metric.

Millenniumpthorne Hotels New Zealand's average Accounts Payable for the six months ended in Dec. 2025 was NZ$20.0 Mil. Millenniumpthorne Hotels New Zealand's Cost of Goods Sold for the six months ended in Dec. 2025 was NZ$51.2 Mil. Hence, Millenniumpthorne Hotels New Zealand's Days Payable for the six months ended in Dec. 2025 was 71.45.

The historical rank and industry rank for Millenniumpthorne Hotels New Zealand's Days Payable or its related term are showing as below:

NZSE:MCK' s Days Payable Range Over the Past 10 Years
Min: 9.97   Med: 23.7   Max: 162.32
Current: 97.81

During the past 13 years, Millenniumpthorne Hotels New Zealand's highest Days Payable was 162.32. The lowest was 9.97. And the median was 23.70.

NZSE:MCK's Days Payable is ranked better than
68.25% of 781 companies
in the Travel & Leisure industry
Industry Median: 56.68 vs NZSE:MCK: 97.81

Millenniumpthorne Hotels New Zealand's Days Payable declined from Dec. 2024 (144.01) to Dec. 2025 (71.45). It may suggest that Millenniumpthorne Hotels New Zealand accelerated paying its suppliers.


Millenniumpthorne Hotels New Zealand Days Payable Related Terms


Millenniumpthorne Hotels New Zealand Days Payable Historical Data

* Premium members only.

The historical data trend for Millenniumpthorne Hotels New Zealand'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.

Millenniumpthorne Hotels New Zealand Days Payable Chart

Millenniumpthorne Hotels New Zealand 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 25.32 113.84 162.32 146.49 74.08

Millenniumpthorne Hotels New Zealand Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 147.36 153.41 144.01 163.08 71.45

NZSE:MCK vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.


Millenniumpthorne Hotels New Zealand Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's Days Payable distribution charts can be found below:

* The bar in red indicates where Millenniumpthorne Hotels New Zealand's Days Payable falls into.


NZSE:MCK
68GF Score
Millennium & Copthorne Hotels New Zealand Ltd NZSE:MCK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Millenniumpthorne Hotels New Zealand 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.

Millenniumpthorne Hotels New Zealand'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
=( (30.524 + 5.119) / 2 ) / 87.805*365
=17.8215 / 87.805*365
=74.08

Millenniumpthorne Hotels New Zealand's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (34.946 + 5.119) / 2 ) / 51.171*365 / 2
=20.0325 / 51.171*365 / 2
=71.45

* 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 71.45 mean?
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a Days Payable of 71.45 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. This is 201% above median its historical median of 23.70. Over the past decade, Millenniumpthorne Hotels New Zealand's Days Payable has ranged from 9.97 to 162.32. According to the industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #248 out of 781 companies in the Travel & Leisure industry, placing it in the top 31.8%.
Is Millenniumpthorne Hotels New Zealand's Days Payable too high?
Millenniumpthorne Hotels New Zealand's current Days Payable of 71.45 is 201% above median its 10-year median of 23.70. Over the past 10 years, this metric has ranged from a low of 9.97 to a high of 162.32. The Travel & Leisure industry median Days Payable is 56.68. Millenniumpthorne Hotels New Zealand's value of 71.45 is 26.1% above this industry median. Based on the distribution chart, Millenniumpthorne Hotels New Zealand ranks #248 out of 781 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #248 out of 781 companies for Days Payable. This puts Millenniumpthorne Hotels New Zealand in the upper half of its industry. The industry median Days Payable is 56.68. Millenniumpthorne Hotels New Zealand's value of 71.45 is 26.1% above this benchmark. Historically, Millenniumpthorne Hotels New Zealand's own Days Payable has ranged from 9.97 to 162.32 over the past decade. While the company's 10-year median is 23.70 vs. the industry median of 56.68, Millenniumpthorne Hotels New Zealand 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.68, based on 781 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. Millenniumpthorne Hotels New Zealand's current Days Payable of 71.45 is 26.1% 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 Millenniumpthorne Hotels New Zealand and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millenniumpthorne Hotels New Zealand's current Days Payable is 71.45, which is 201% above median its own 10-year median of 23.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$2.68, compared to a current price of NZ$3.34 — trading 24.6% above its estimated fair value. The current Days Payable is 71.45, which is 201% above median its 10-year median of 23.70 and 26.1% above the Travel & Leisure industry median of 56.68. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 68/100 with 9 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current Days Payable is 71.45 as of Dec. 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.

Is Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?

Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued. The current stock price of NZ$3.34 is trading 24.6% above its estimated GF Value™ of NZ$2.68. GuruFocus considers Millenniumpthorne Hotels New Zealand to be Modestly Overvalued.

Key valuation signals for NZSE:MCK:

  • Days Payable: 71.45 (201% above median its 10-year median of 23.70)
  • GF Value™: NZ$2.68 vs. price of NZ$3.34 (24.6% above fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 26.1% above the Travel & Leisure median (#248 of 781)

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


Millenniumpthorne Hotels New Zealand Business Description

Other Exchanges MCKPA.PFD:New Zealand
Address 23 Customs Street East, Level 7, Auckland, NZL, 1010
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
68GF Score

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

NZ$3.34
Price
NZ$2.68
GF Value