Major Drilling Group International (STU:3MJ) Days Payable: 58.73 (As of Apr. 2026) — Near Median

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STU:3MJ Major Drilling Group International Inc STU:3MJ
84 GF Score
Price €8.70
GF Value €7.02
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Major Drilling Group International Days Payable?

Major Drilling Group International STU:3MJ -1.14% 84 Days Payable is 58.73 as of Apr. 2026, which is 6% below its 10-year median of 62.69. GuruFocus rates STU:3MJ with a GF Score™ of 84/100 and a GF Value™ of €7.02 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,065 Metals & Mining companies, Major Drilling Group International ranks worse than 67.89% on this metric.

Major Drilling Group International's average Accounts Payable for the three months ended in Apr. 2026 was €79.0 Mil. Major Drilling Group International's Cost of Goods Sold for the three months ended in Apr. 2026 was €122.8 Mil. Hence, Major Drilling Group International's Days Payable for the three months ended in Apr. 2026 was 58.73.

The historical rank and industry rank for Major Drilling Group International's Days Payable or its related term are showing as below:

STU:3MJ' s Days Payable Range Over the Past 10 Years
Min: 60.6   Med: 62.69   Max: 70.99
Current: 60.6

During the past 13 years, Major Drilling Group International's highest Days Payable was 70.99. The lowest was 60.60. And the median was 62.69.

STU:3MJ's Days Payable is ranked worse than
67.89% of 1065 companies
in the Metals & Mining industry
Industry Median: 125.6 vs STU:3MJ: 60.60

Major Drilling Group International's Days Payable declined from Apr. 2025 (60.62) to Apr. 2026 (58.73). It may suggest that Major Drilling Group International accelerated paying its suppliers.


Major Drilling Group International Days Payable Related Terms


Major Drilling Group International Days Payable Historical Data

* Premium members only.

The historical data trend for Major Drilling Group International'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.

Major Drilling Group International Days Payable Chart

Major Drilling Group International Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.50 69.68 61.80 62.67 62.67

Major Drilling Group International Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 60.62 57.28 60.01 66.10 58.73

Major Drilling Group International Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.


Major Drilling Group International Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Days Payable distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's Days Payable falls into.


STU:3MJ
84GF Score
Major Drilling Group International Inc STU:3MJ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Drilling Group International 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.

Major Drilling Group International's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as

Days Payable (A: Apr. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2025 ) + Accounts Payable (A: Apr. 2026 )) / count ) / Cost of Goods Sold (A: Apr. 2026 )*Days in Period
=( (71.736 + 88.354) / 2 ) / 466.201*365
=80.045 / 466.201*365
=62.67

Major Drilling Group International's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (69.739 + 88.354) / 2 ) / 122.815*365 / 4
=79.0465 / 122.815*365 / 4
=58.73

* 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 58.73 mean?
Major Drilling Group International (STU:3MJ) has a Days Payable of 58.73 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Major Drilling Group International and its competitors. This is near median its historical median of 62.69. Over the past decade, Major Drilling Group International's Days Payable has ranged from 60.60 to 70.99. According to the industry distribution chart, Major Drilling Group International ranks #723 out of 1065 companies in the Metals & Mining industry, placing it in the top 67.9%.
Is Major Drilling Group International's Days Payable too high?
Major Drilling Group International's current Days Payable of 58.73 is near median its 10-year median of 62.69. Over the past 10 years, this metric has ranged from a low of 60.60 to a high of 70.99. The Metals & Mining industry median Days Payable is 125.60. Major Drilling Group International's value of 58.73 is 53.2% below this industry median. Based on the distribution chart, Major Drilling Group International ranks #723 out of 1065 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Major Drilling Group International has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Major Drilling Group International ranks #723 out of 1065 companies for Days Payable. This places Major Drilling Group International in the lower half of its industry. The industry median Days Payable is 125.60. Major Drilling Group International's value of 58.73 is 53.2% below this benchmark. Historically, Major Drilling Group International's own Days Payable has ranged from 60.60 to 70.99 over the past decade. While the company's 10-year median is 62.69 vs. the industry median of 125.60, Major Drilling Group International 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 125.60, 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. Major Drilling Group International's current Days Payable of 58.73 is 53.2% 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 Major Drilling Group International and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Drilling Group International's current Days Payable is 58.73, which is near median its own 10-year median of 62.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (STU:3MJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.02, compared to a current price of €8.70 — trading 23.9% above its estimated fair value. The current Days Payable is 58.73, which is near median its 10-year median of 62.69 and 53.2% below the Metals & Mining industry median of 125.60. Major Drilling Group International's overall GF Score™ is 84/100 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 Major Drilling Group International (STU:3MJ), the current Days Payable is 58.73 as of Apr. 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 Major Drilling Group International (STU:3MJ) Overvalued in 2026?

Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued. The current stock price of €8.70 is trading 23.9% above its estimated GF Value™ of €7.02. GuruFocus considers Major Drilling Group International to be Modestly Overvalued.

Key valuation signals for STU:3MJ:

  • Days Payable: 58.73 (near median its 10-year median of 62.69)
  • GF Value™: €7.02 vs. price of €8.70 (23.9% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 53.2% below the Metals & Mining median (#723 of 1065)

No single metric tells the full story. See the STU:3MJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Major Drilling Group International Business Description

Other Exchanges MJDLF:USAMDI:Canada
Address 111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
84GF Score

Get the complete analysis for STU:3MJ

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

€8.70
Price
€7.02
GF Value