Mattr (TSX:MATR) Days Payable: 60.19 (As of Mar. 2026) — 73% Above Median


TSX:MATR Mattr Corp TSX:MATR
73 GF Score
Price C$12.61
GF Value C$20.71
Valuation Possible Value Trap
! 6 Warning Signs
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What is Mattr Days Payable?

Mattr TSX:MATR +2.52% 73 Days Payable is 60.19 as of Mar. 2026, which is 73% above its 10-year median of 34.78. GuruFocus rates TSX:MATR with a GF Score™ of 73/100 and a GF Value™ of C$20.71 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 849 Oil & Gas companies, Mattr ranks better than 56.89% on this metric.

Mattr's average Accounts Payable for the three months ended in Mar. 2026 was C$155 Mil. Mattr's Cost of Goods Sold for the three months ended in Mar. 2026 was C$235 Mil. Hence, Mattr's Days Payable for the three months ended in Mar. 2026 was 60.19.

The historical rank and industry rank for Mattr's Days Payable or its related term are showing as below:

TSX:MATR' s Days Payable Range Over the Past 10 Years
Min: 29.2   Med: 34.78   Max: 73.23
Current: 73.23

During the past 13 years, Mattr's highest Days Payable was 73.23. The lowest was 29.20. And the median was 34.78.

TSX:MATR's Days Payable is ranked better than
56.89% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs TSX:MATR: 73.23

Mattr's Days Payable declined from Mar. 2025 (61.07) to Mar. 2026 (60.19). It may suggest that Mattr accelerated paying its suppliers.


Mattr Days Payable Historical Data

* Premium members only.

The historical data trend for Mattr'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.

Mattr Days Payable Chart

Mattr 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 35.72 55.07 46.74 36.70 33.84

Mattr Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 61.07 85.02 76.02 57.98 60.19

TSX:MATR vs SLB, BKR, HAL: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Mattr'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.


Mattr Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mattr's Days Payable distribution charts can be found below:

* The bar in red indicates where Mattr's Days Payable falls into.


TSX:MATR
73GF Score
Mattr Corp TSX:MATR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mattr 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.

Mattr'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
=( (74.503 + 101.746) / 2 ) / 950.561*365
=88.1245 / 950.561*365
=33.84

Mattr'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (101.746 + 208.638) / 2 ) / 235.262*365 / 4
=155.192 / 235.262*365 / 4
=60.19

* 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 60.19 mean?
Mattr (TSX:MATR) has a Days Payable of 60.19 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 Mattr and its competitors. This is 73% above median its historical median of 34.78. Over the past decade, Mattr's Days Payable has ranged from 29.20 to 73.23. According to the industry distribution chart, Mattr ranks #366 out of 849 companies in the Oil & Gas industry, placing it in the top 43.1%.
Is Mattr's Days Payable too high?
Mattr's current Days Payable of 60.19 is 73% above median its 10-year median of 34.78. Over the past 10 years, this metric has ranged from a low of 29.20 to a high of 73.23. The Oil & Gas industry median Days Payable is 57.95. Mattr's value of 60.19 is 3.9% above this industry median. Based on the distribution chart, Mattr ranks #366 out of 849 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Mattr has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mattr's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Mattr ranks #366 out of 849 companies for Days Payable. This puts Mattr in the upper half of its industry. The industry median Days Payable is 57.95. Mattr's value of 60.19 is 3.9% above this benchmark. Historically, Mattr's own Days Payable has ranged from 29.20 to 73.23 over the past decade. While the company's 10-year median is 34.78 vs. the industry median of 57.95, Mattr 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 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. Mattr's current Days Payable of 60.19 is 3.9% 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 Mattr and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mattr's current Days Payable is 60.19, which is 73% above median its own 10-year median of 34.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mattr stock overvalued right now?
Based on GuruFocus' analysis, Mattr (TSX:MATR) is currently considered Possible Value Trap. The stock's GF Value™ is C$20.71, compared to a current price of C$12.61 — trading 39.1% below its estimated fair value. The current Days Payable is 60.19, which is 73% above median its 10-year median of 34.78 and 3.9% above the Oil & Gas industry median of 57.95. Mattr's overall GF Score™ is 73/100 with 6 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 Mattr (TSX:MATR), the current Days Payable is 60.19 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 Mattr (TSX:MATR) Overvalued in 2026?

Based on GuruFocus' analysis, Mattr stock appears to be undervalued. The current stock price of C$12.61 is trading 39.1% below its estimated GF Value™ of C$20.71. GuruFocus considers Mattr to be Possible Value Trap.

Key valuation signals for TSX:MATR:

  • Days Payable: 60.19 (73% above median its 10-year median of 34.78)
  • GF Value™: C$20.71 vs. price of C$12.61 (39.1% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 3.9% above the Oil & Gas median (#366 of 849)

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


Mattr Business Description

Industry EnergyOil & Gas
Other Exchanges MTTRF:USAY6R:Germany
Address 336 Courtland Avenue, Vaughan, ON, CAN, L4K 4Y1
Mattr Corp is a materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy, and electrification. The company operates through a network of fixed manufacturing and service facilities. Its business segments are Composite Technologies and Connection Technologies. A majority of its revenue is generated from the Composite Technologies segment which manufactures flexible composite pipes used predominantly for oil and gas gathering lines, and other applications operating under the Flexpipe brand. Under the Xerxes brand, this segment also manufactures FRP underground storage tanks for retail fuel and other markets. Geographically, the company derives maximum revenue from the United States of America.
73GF Score

Get the complete analysis for TSX:MATR

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

C$12.61
Price
C$20.71
GF Value