Martinrea International (TSX:MRE) Days Payable: 96.82 (As of Mar. 2026) — Near Median


TSX:MRE Martinrea International Inc TSX:MRE
84 GF Score
Price C$10.01
GF Value C$10.75
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Martinrea International Days Payable?

Martinrea International TSX:MRE +2.04% 84 Days Payable is 96.82 as of Mar. 2026, which is 5% above its 10-year median of 92.31. GuruFocus rates TSX:MRE with a GF Score™ of 84/100 and a GF Value™ of C$10.75 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Martinrea International ranks better than 67.48% on this metric.

Martinrea International's average Accounts Payable for the three months ended in Mar. 2026 was C$1,036 Mil. Martinrea International's Cost of Goods Sold for the three months ended in Mar. 2026 was C$976 Mil. Hence, Martinrea International's Days Payable for the three months ended in Mar. 2026 was 96.82.

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

TSX:MRE' s Days Payable Range Over the Past 10 Years
Min: 74.82   Med: 92.31   Max: 110.31
Current: 94.1

During the past 13 years, Martinrea International's highest Days Payable was 110.31. The lowest was 74.82. And the median was 92.31.

TSX:MRE's Days Payable is ranked better than
67.48% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs TSX:MRE: 94.10

Martinrea International's Days Payable increased from Mar. 2025 (93.67) to Mar. 2026 (96.82). It may suggest that Martinrea International delayed paying its suppliers.


Martinrea International Days Payable Historical Data

* Premium members only.

The historical data trend for Martinrea 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.

Martinrea International Days Payable Chart

Martinrea International 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 110.31 105.45 97.50 92.02 88.99

Martinrea International 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 93.67 89.53 98.11 92.78 96.82

TSX:MRE vs ORLY, AZO, GPC: Days Payable Comparison

For the Auto Parts subindustry, Martinrea 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.


Martinrea International Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Martinrea International's Days Payable distribution charts can be found below:

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


TSX:MRE
84GF Score
Martinrea International Inc TSX:MRE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Martinrea 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.

Martinrea International'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
=( (1024.716 + 1010.928) / 2 ) / 4174.79*365
=1017.822 / 4174.79*365
=88.99

Martinrea International'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
=( (1010.928 + 1060.729) / 2 ) / 976.201*365 / 4
=1035.8285 / 976.201*365 / 4
=96.82

* 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 96.82 mean?
Martinrea International (TSX:MRE) has a Days Payable of 96.82 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 Martinrea International and its competitors. This is near median its historical median of 92.31. Over the past decade, Martinrea International's Days Payable has ranged from 74.82 to 110.31. According to the industry distribution chart, Martinrea International ranks #426 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 32.5%.
Is Martinrea International's Days Payable too high?
Martinrea International's current Days Payable of 96.82 is near median its 10-year median of 92.31. Over the past 10 years, this metric has ranged from a low of 74.82 to a high of 110.31. The Vehicles & Parts industry median Days Payable is 67.02. Martinrea International's value of 96.82 is 44.5% above this industry median. Based on the distribution chart, Martinrea International ranks #426 out of 1310 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Martinrea International has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Martinrea International's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Martinrea International ranks #426 out of 1310 companies for Days Payable. This puts Martinrea International in the upper half of its industry. The industry median Days Payable is 67.02. Martinrea International's value of 96.82 is 44.5% above this benchmark. Historically, Martinrea International's own Days Payable has ranged from 74.82 to 110.31 over the past decade. While the company's 10-year median is 92.31 vs. the industry median of 67.02, Martinrea International 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Martinrea International's current Days Payable of 96.82 is 44.5% 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 Martinrea International and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martinrea International's current Days Payable is 96.82, which is near median its own 10-year median of 92.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martinrea International stock overvalued right now?
Based on GuruFocus' analysis, Martinrea International (TSX:MRE) is currently considered Fairly Valued. The stock's GF Value™ is C$10.75, compared to a current price of C$10.01 — trading 6.9% below its estimated fair value. The current Days Payable is 96.82, which is near median its 10-year median of 92.31 and 44.5% above the Vehicles & Parts industry median of 67.02. Martinrea International's overall GF Score™ is 84/100 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 Martinrea International (TSX:MRE), the current Days Payable is 96.82 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 Martinrea International (TSX:MRE) Overvalued in 2026?

Based on GuruFocus' analysis, Martinrea International stock appears to be undervalued. The current stock price of C$10.01 is trading 6.9% below its estimated GF Value™ of C$10.75. GuruFocus considers Martinrea International to be Fairly Valued.

Key valuation signals for TSX:MRE:

  • Days Payable: 96.82 (near median its 10-year median of 92.31)
  • GF Value™: C$10.75 vs. price of C$10.01 (6.9% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 44.5% above the Vehicles & Parts median (#426 of 1310)

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


Martinrea International Business Description

Other Exchanges MRETF:USA03M:Germany
Address 3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2
Martinrea International Inc is a diversified and world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions. The company operates in Canada, USA, Europe, and Other Countries.
84GF Score

Get the complete analysis for TSX:MRE

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

C$10.01
Price
C$10.75
GF Value