MDA SpaceTSX:MDA -1.37%47 Days Payable is 111.15 as of Mar. 2026, which is 16% above its 10-year median of 95.48. GuruFocus rates TSX:MDA with a GF Score™ of 47/100 and a GF Value™ of C$31.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 337 Aerospace & Defense companies, MDA Space ranks better than 66.17% on this metric.
MDA Space's average Accounts Payable for the
three
months ended in Mar. 2026 was C$425 Mil. MDA Space's Cost of Goods Sold for the
three
months ended in Mar. 2026 was C$349 Mil.
Hence, MDA Space's Days Payable for the
three
months ended in Mar. 2026 was 111.15.
The historical rank and industry rank for MDA Space's Days Payable or its related term are showing as below:
TSX:MDA'
s Days Payable Range Over the Past 10 Years
Min: 80.89 Med: 95.48 Max: 111.2
Current: 101.61
During the past 6 years, MDA Space's highest Days Payable was 111.20. The lowest was 80.89. And the median was 95.48.
TSX:MDA's Days Payable is ranked better than 66.17% of 337
companies
in the Aerospace & Defense industry
Industry Median: 65.05
vs TSX:MDA: 101.61
MDA Space's Days Payable
increased
from Mar. 2025 (89.57) to Mar. 2026 (111.15).
It may suggest that MDA Spacedelayed paying its suppliers.
MDA Space Days Payable Related Terms
MDA Space Days Payable Historical Data
* Premium members only.
The historical data trend for MDA Space'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 Aerospace & Defense subindustry, MDA Space'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.
MDA Space Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, MDA Space's Days Payable distribution charts can be found below:
* The bar in red indicates where MDA Space'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.
MDA Space's Days Payable for the fiscal year that ended in Dec. 2025 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.
MDA Space (TSX:MDA) has a Days Payable of 111.15 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 MDA Space and its competitors. This is 16% above median its historical median of 95.48. Over the past decade, MDA Space's Days Payable has ranged from 80.89 to 111.20. According to the industry distribution chart, MDA Space ranks #114 out of 337 companies in the Aerospace & Defense industry, placing it in the top 33.8%.
Is MDA Space's Days Payable too high?
MDA Space's current Days Payable of 111.15 is 16% above median its 10-year median of 95.48. Over the past 10 years, this metric has ranged from a low of 80.89 to a high of 111.20. The Aerospace & Defense industry median Days Payable is 65.05. MDA Space's value of 111.15 is 70.9% above this industry median. Based on the distribution chart, MDA Space ranks #114 out of 337 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, MDA Space has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDA Space's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, MDA Space ranks #114 out of 337 companies for Days Payable. This puts MDA Space in the upper half of its industry. The industry median Days Payable is 65.05. MDA Space's value of 111.15 is 70.9% above this benchmark. Historically, MDA Space's own Days Payable has ranged from 80.89 to 111.20 over the past decade. While the company's 10-year median is 95.48 vs. the industry median of 65.05, MDA Space 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. MDA Space's current Days Payable of 111.15 is 70.9% 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 MDA Space and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDA Space's current Days Payable is 111.15, which is 16% above median its own 10-year median of 95.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDA Space stock overvalued right now?
Based on GuruFocus' analysis, MDA Space (TSX:MDA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$31.65, compared to a current price of C$50.48 — trading 59.5% above its estimated fair value. The current Days Payable is 111.15, which is 16% above median its 10-year median of 95.48 and 70.9% above the Aerospace & Defense industry median of 65.05. MDA Space's overall GF Score™ is 47/100 with 2 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 MDA Space (TSX:MDA), the current Days Payable is 111.15 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 MDA Space (TSX:MDA) Overvalued in 2026?
Based on GuruFocus' analysis, MDA Space stock appears to be overvalued.
The current stock price of C$50.48 is trading 59.5% above its estimated GF Value™ of C$31.65.
GuruFocus considers MDA Space to be Significantly Overvalued.
Key valuation signals for TSX:MDA:
Days Payable: 111.15 (16% above median its 10-year median of 95.48)
GF Value™: C$31.65 vs. price of C$50.48 (59.5% above fair value)
Industry Position: 70.9% above the Aerospace & Defense median (#114 of 337)
No single metric tells the full story. See the TSX:MDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.
47GF Score
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