My Food Bag Group (NZSE:MFB) Days Payable: 31.22 (As of Mar. 2026) — Near Median


NZSE:MFB My Food Bag Group Ltd NZSE:MFB
50 GF Score
Price NZ$0.29
GF Value NZ$0.21
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is My Food Bag Group Days Payable?

My Food Bag Group NZSE:MFB 50 Days Payable is 31.22 as of Mar. 2026, which is 2% above its 10-year median of 30.57. GuruFocus rates NZSE:MFB with a GF Score™ of 50/100 and a GF Value™ of NZ$0.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,095 Retail - Cyclical companies, My Food Bag Group ranks worse than 75.53% on this metric.

My Food Bag Group's average Accounts Payable for the six months ended in Mar. 2026 was NZ$11.5 Mil. My Food Bag Group's Cost of Goods Sold for the six months ended in Mar. 2026 was NZ$67.4 Mil. Hence, My Food Bag Group's Days Payable for the six months ended in Mar. 2026 was 31.22.

The historical rank and industry rank for My Food Bag Group's Days Payable or its related term are showing as below:

NZSE:MFB' s Days Payable Range Over the Past 10 Years
Min: 27   Med: 30.57   Max: 33.31
Current: 29.47

During the past 6 years, My Food Bag Group's highest Days Payable was 33.31. The lowest was 27.00. And the median was 30.57.

NZSE:MFB's Days Payable is ranked worse than
75.53% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 51.85 vs NZSE:MFB: 29.47

My Food Bag Group's Days Payable increased from Mar. 2025 (30.79) to Mar. 2026 (31.22). It may suggest that My Food Bag Group delayed paying its suppliers.


My Food Bag Group Days Payable Historical Data

* Premium members only.

The historical data trend for My Food Bag Group'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.

My Food Bag Group Days Payable Chart

My Food Bag Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 32.45 33.31 29.96 27.14 27.00

My Food Bag Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.42 30.11 30.79 30.20 31.22

NZSE:MFB vs AMZN, BABA, PDD: Days Payable Comparison

For the Internet Retail subindustry, My Food Bag Group'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.


My Food Bag Group Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, My Food Bag Group's Days Payable distribution charts can be found below:

* The bar in red indicates where My Food Bag Group's Days Payable falls into.


NZSE:MFB
50GF Score
My Food Bag Group Ltd NZSE:MFB
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

My Food Bag Group 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.

My Food Bag Group's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (9.413 + 10.429) / 2 ) / 134.105*365
=9.921 / 134.105*365
=27.00

My Food Bag Group's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (12.646 + 10.429) / 2 ) / 67.444*365 / 2
=11.5375 / 67.444*365 / 2
=31.22

* 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 31.22 mean?
My Food Bag Group (NZSE:MFB) has a Days Payable of 31.22 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 My Food Bag Group and its competitors. This is near median its historical median of 30.57. Over the past decade, My Food Bag Group's Days Payable has ranged from 27.00 to 33.31. According to the industry distribution chart, My Food Bag Group ranks #827 out of 1095 companies in the Retail - Cyclical industry, placing it in the top 75.5%.
Is My Food Bag Group's Days Payable too high?
My Food Bag Group's current Days Payable of 31.22 is near median its 10-year median of 30.57. Over the past 10 years, this metric has ranged from a low of 27.00 to a high of 33.31. The Retail - Cyclical industry median Days Payable is 51.85. My Food Bag Group's value of 31.22 is 39.8% below this industry median. Based on the distribution chart, My Food Bag Group ranks #827 out of 1095 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, My Food Bag Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does My Food Bag Group's Days Payable compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, My Food Bag Group ranks #827 out of 1095 companies for Days Payable. This places My Food Bag Group in the lower half of its industry. The industry median Days Payable is 51.85. My Food Bag Group's value of 31.22 is 39.8% below this benchmark. Historically, My Food Bag Group's own Days Payable has ranged from 27.00 to 33.31 over the past decade. While the company's 10-year median is 30.57 vs. the industry median of 51.85, My Food Bag Group 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.85, based on 1,095 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. My Food Bag Group's current Days Payable of 31.22 is 39.8% 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 My Food Bag Group and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. My Food Bag Group's current Days Payable is 31.22, which is near median its own 10-year median of 30.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is My Food Bag Group stock overvalued right now?
Based on GuruFocus' analysis, My Food Bag Group (NZSE:MFB) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$0.21, compared to a current price of NZ$0.29 — trading 35.7% above its estimated fair value. The current Days Payable is 31.22, which is near median its 10-year median of 30.57 and 39.8% below the Retail - Cyclical industry median of 51.85. My Food Bag Group's overall GF Score™ is 50/100 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 My Food Bag Group (NZSE:MFB), the current Days Payable is 31.22 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 My Food Bag Group (NZSE:MFB) Overvalued in 2026?

Based on GuruFocus' analysis, My Food Bag Group stock appears to be overvalued. The current stock price of NZ$0.29 is trading 35.7% above its estimated GF Value™ of NZ$0.21. GuruFocus considers My Food Bag Group to be Significantly Overvalued.

Key valuation signals for NZSE:MFB:

  • Days Payable: 31.22 (near median its 10-year median of 30.57)
  • GF Value™: NZ$0.21 vs. price of NZ$0.29 (35.7% above fair value)
  • GF Score™: 50/100 with 9 warning signs
  • Industry Position: 39.8% below the Retail - Cyclical median (#827 of 1095)

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


My Food Bag Group Business Description

Address 56 Parnell Road, Level 3, Parnell, Auckland, NTL, NZL, 1052
My Food Bag Group Ltd operates in the online food delivery market in New Zealand. It delivers bags full of fresh and locally sourced ingredients along with easy-to-follow recipes direct to families across New Zealand. The company drives revenue principally by the volume of bags delivered to customers and the average order value of bags delivered. The company operates in one geographic area, New Zealand.
50GF Score

Get the complete analysis for NZSE:MFB

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

NZ$0.29
Price
NZ$0.21
GF Value