Meridian MiningTSX:MNO -1.23%34 Days Payable is 2,469.45 as of Mar. 2026, which is 117% above its 10-year median of 1,137.40. GuruFocus rates TSX:MNO with a GF Score™ of 34/100. Among 1,064 Metals & Mining companies, Meridian Mining ranks better than 73.5% on this metric.
The historical rank and industry rank for Meridian Mining's Days Payable or its related term are showing as below:
TSX:MNO'
s Days Payable Range Over the Past 10 Years
Min: 44.45 Med: 1137.4 Max: 3742.75
Current: 2192.56
During the past 13 years, Meridian Mining's highest Days Payable was 3742.75. The lowest was 44.45. And the median was 1137.40.
TSX:MNO's Days Payable is ranked better than 73.5% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs TSX:MNO: 2192.56
Meridian Mining's Days Payable
increased
from Mar. 2025 (2,210.05) to Mar. 2026 (2,469.45).
It may suggest that Meridian Miningdelayed paying its suppliers.
Meridian Mining Days Payable Related Terms
Meridian Mining Days Payable Historical Data
* Premium members only.
The historical data trend for Meridian Mining'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.
Meridian Mining Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Meridian Mining'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.
Meridian Mining Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Meridian Mining's Days Payable distribution charts can be found below:
* The bar in red indicates where Meridian Mining'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.
Meridian Mining'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.
Meridian Mining (TSX:MNO) has a Days Payable of 2,469.45 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 Meridian Mining and its competitors. This is 117% above median its historical median of 1,137.40. Over the past decade, Meridian Mining's Days Payable has ranged from 44.45 to 3,742.75. According to the industry distribution chart, Meridian Mining ranks #282 out of 1064 companies in the Metals & Mining industry, placing it in the top 26.5%.
Is Meridian Mining's Days Payable too high?
Meridian Mining's current Days Payable of 2,469.45 is 117% above median its 10-year median of 1,137.40. Over the past 10 years, this metric has ranged from a low of 44.45 to a high of 3,742.75. The Metals & Mining industry median Days Payable is 126.89. Meridian Mining's value of 2,469.45 is 1846.2% above this industry median. Based on the distribution chart, Meridian Mining ranks #282 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Meridian Mining has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Meridian Mining's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Meridian Mining ranks #282 out of 1064 companies for Days Payable. This puts Meridian Mining in the upper half of its industry. The industry median Days Payable is 126.89. Meridian Mining's value of 2,469.45 is 1846.2% above this benchmark. Historically, Meridian Mining's own Days Payable has ranged from 44.45 to 3,742.75 over the past decade. While the company's 10-year median is 1,137.40 vs. the industry median of 126.89, Meridian Mining 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 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. Meridian Mining's current Days Payable of 2,469.45 is 1846.2% 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 Meridian Mining and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Mining's current Days Payable is 2,469.45, which is 117% above median its own 10-year median of 1,137.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Mining stock overvalued right now?
Meridian Mining (TSX:MNO) has a current Days Payable of 2,469.45. The current Days Payable is 2,469.45, which is 117% above median its 10-year median of 1,137.40 and 1846.2% above the Metals & Mining industry median of 126.89. Meridian Mining's overall GF Score™ is 34/100. 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 Meridian Mining (TSX:MNO), the current Days Payable is 2,469.45 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.
Meridian Mining PLC is engaged in the exploration and development of mineral deposits in Brazil. The Company is currently focused on resource development of the Cabacal Project, the regional scale exploration of the Cabacal VMS belt and the exploration in the Santa Helena and Espigao.
34GF Score
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