Mineral Midrange (WAR:MND) Days Payable: 108.39 (As of Mar. 2026) — Near Median

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WAR:MND Mineral Midrange SA WAR:MND
53 GF Score
Price zł0.78
GF Value zł0.84
Valuation Fairly Valued
! 6 Warning Signs
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What is Mineral Midrange Days Payable?

Mineral Midrange WAR:MND 53 Days Payable is 108.39 as of Mar. 2026, which is 1% above its 10-year median of 107.82. GuruFocus rates WAR:MND with a GF Score™ of 53/100 and a GF Value™ of zł0.84 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,605 Software companies, Mineral Midrange ranks better than 84.03% on this metric.

Mineral Midrange's average Accounts Payable for the three months ended in Mar. 2026 was zł2.48 Mil. Mineral Midrange's Cost of Goods Sold for the three months ended in Mar. 2026 was zł2.09 Mil. Hence, Mineral Midrange's Days Payable for the three months ended in Mar. 2026 was 108.39.

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

WAR:MND' s Days Payable Range Over the Past 10 Years
Min: 68.8   Med: 107.82   Max: 219.55
Current: 211.8

During the past 13 years, Mineral Midrange's highest Days Payable was 219.55. The lowest was 68.80. And the median was 107.82.

WAR:MND's Days Payable is ranked better than
84.03% of 2605 companies
in the Software industry
Industry Median: 52.79 vs WAR:MND: 211.80

Mineral Midrange's Days Payable declined from Mar. 2025 (336.03) to Mar. 2026 (108.39). It may suggest that Mineral Midrange accelerated paying its suppliers.


Mineral Midrange Days Payable Historical Data

* Premium members only.

The historical data trend for Mineral Midrange'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.

Mineral Midrange Days Payable Chart

Mineral Midrange 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 68.80 93.37 74.28 154.13 219.55

Mineral Midrange 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 336.03 0.00 0.00 97.63 108.39

WAR:MND vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Mineral Midrange'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.


Mineral Midrange Days Payable vs Software Industry

For the Software industry and Technology sector, Mineral Midrange's Days Payable distribution charts can be found below:

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


WAR:MND
53GF Score
Mineral Midrange SA WAR:MND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mineral Midrange 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.

Mineral Midrange'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
=( (6.658 + 2.479) / 2 ) / 7.595*365
=4.5685 / 7.595*365
=219.55

Mineral Midrange'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
=( (2.479 + 0) / 1 ) / 2.087*365 / 4
=2.479 / 2.087*365 / 4
=108.39

* 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 108.39 mean?
Mineral Midrange (WAR:MND) has a Days Payable of 108.39 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 Mineral Midrange and its competitors. This is near median its historical median of 107.82. Over the past decade, Mineral Midrange's Days Payable has ranged from 68.80 to 219.55. According to the industry distribution chart, Mineral Midrange ranks #416 out of 2605 companies in the Software industry, placing it in the top 16%.
Is Mineral Midrange's Days Payable too high?
Mineral Midrange's current Days Payable of 108.39 is near median its 10-year median of 107.82. Over the past 10 years, this metric has ranged from a low of 68.80 to a high of 219.55. The Software industry median Days Payable is 52.79. Mineral Midrange's value of 108.39 is 105.3% above this industry median. Based on the distribution chart, Mineral Midrange ranks #416 out of 2605 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mineral Midrange has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mineral Midrange's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Mineral Midrange ranks #416 out of 2605 companies for Days Payable. This places Mineral Midrange in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. Mineral Midrange's value of 108.39 is 105.3% above this benchmark. Historically, Mineral Midrange's own Days Payable has ranged from 68.80 to 219.55 over the past decade. While the company's 10-year median is 107.82 vs. the industry median of 52.79, Mineral Midrange 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,605 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. Mineral Midrange's current Days Payable of 108.39 is 105.3% 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 Mineral Midrange and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mineral Midrange's current Days Payable is 108.39, which is near median its own 10-year median of 107.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Midrange stock overvalued right now?
Based on GuruFocus' analysis, Mineral Midrange (WAR:MND) is currently considered Fairly Valued. The stock's GF Value™ is zł0.84, compared to a current price of zł0.78 — trading 7.7% below its estimated fair value. The current Days Payable is 108.39, which is near median its 10-year median of 107.82 and 105.3% above the Software industry median of 52.79. Mineral Midrange's overall GF Score™ is 53/100 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 Mineral Midrange (WAR:MND), the current Days Payable is 108.39 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 Mineral Midrange (WAR:MND) Overvalued in 2026?

Based on GuruFocus' analysis, Mineral Midrange stock appears to be undervalued. The current stock price of zł0.78 is trading 7.7% below its estimated GF Value™ of zł0.84. GuruFocus considers Mineral Midrange to be Fairly Valued.

Key valuation signals for WAR:MND:

  • Days Payable: 108.39 (near median its 10-year median of 107.82)
  • GF Value™: zł0.84 vs. price of zł0.78 (7.7% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 105.3% above the Software median (#416 of 2605)

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


Mineral Midrange Business Description

Address ul. Krakowiakow 50, Warszawa, POL, 02-255
Mineral Midrange SA is an Information Technology (IT) software consultancy company. It is specializing in Business Intelligence (BI) and Consulting and Custom Programming. The company operates in the European market and provides information technology services to corporate clients in the field of Business Intelligence, Enterprise Planning, Finance Consolidation.
53GF Score

Get the complete analysis for WAR:MND

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

zł0.78
Price
zł0.84
GF Value