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MTN GhanaXGHA:MTNGH -0.14%100 Days Payable is 307.54 as of Mar. 2026, which is 250% above its 10-year median of 87.89. GuruFocus rates XGHA:MTNGH with a GF Score™ of 100/100 and a GF Value™ of GHS4.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 340 Telecommunication Services companies, MTN Ghana ranks better than 89.41% on this metric.
MTN Ghana's average Accounts Payable for the
three
months ended in Mar. 2026 was GHS2,264 Mil. MTN Ghana's Cost of Goods Sold for the
three
months ended in Mar. 2026 was GHS672 Mil.
Hence, MTN Ghana's Days Payable for the
three
months ended in Mar. 2026 was 307.54.
The historical rank and industry rank for MTN Ghana's Days Payable or its related term are showing as below:
XGHA:MTNGH'
s Days Payable Range Over the Past 10 Years
Min: 68.69 Med: 87.89 Max: 378.28
Current: 378.28
During the past 9 years, MTN Ghana's highest Days Payable was 378.28. The lowest was 68.69. And the median was 87.89.
XGHA:MTNGH's Days Payable is ranked better than 89.41% of 340
companies
in the Telecommunication Services industry
Industry Median: 105.68
vs XGHA:MTNGH: 378.28
MTN Ghana's Days Payable
increased
from Mar. 2025 (260.11) to Mar. 2026 (307.54).
It may suggest that MTN Ghanadelayed paying its suppliers.
The historical data trend for MTN Ghana'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.
XGHA:MTNGH vs VZ, TMUS, T: Days Payable Comparison
For the Telecom Services subindustry, MTN Ghana'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.
MTN Ghana Days Payable vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, MTN Ghana's Days Payable distribution charts can be found below:
* The bar in red indicates where MTN Ghana'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.
MTN Ghana'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.
MTN Ghana (XGHA:MTNGH) has a Days Payable of 307.54 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 MTN Ghana and its competitors. This is 250% above median its historical median of 87.89. Over the past decade, MTN Ghana's Days Payable has ranged from 68.69 to 378.28. According to the industry distribution chart, MTN Ghana ranks #36 out of 340 companies in the Telecommunication Services industry, placing it in the top 10.6%.
Is MTN Ghana's Days Payable too high?
MTN Ghana's current Days Payable of 307.54 is 250% above median its 10-year median of 87.89. Over the past 10 years, this metric has ranged from a low of 68.69 to a high of 378.28. The Telecommunication Services industry median Days Payable is 105.68. MTN Ghana's value of 307.54 is 191% above this industry median. Based on the distribution chart, MTN Ghana ranks #36 out of 340 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, MTN Ghana has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Ghana's Days Payable compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, MTN Ghana ranks #36 out of 340 companies for Days Payable. This places MTN Ghana in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 105.68. MTN Ghana's value of 307.54 is 191% above this benchmark. Historically, MTN Ghana's own Days Payable has ranged from 68.69 to 378.28 over the past decade. While the company's 10-year median is 87.89 vs. the industry median of 105.68, MTN Ghana 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 105.68, based on 340 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. MTN Ghana's current Days Payable of 307.54 is 191% 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 MTN Ghana and its competitors. For the Telecommunication Services industry, the median Days Payable is 105.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Ghana's current Days Payable is 307.54, which is 250% above median its own 10-year median of 87.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Ghana stock overvalued right now?
Based on GuruFocus' analysis, MTN Ghana (XGHA:MTNGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS4.28, compared to a current price of GHS7.00 — trading 63.6% above its estimated fair value. The current Days Payable is 307.54, which is 250% above median its 10-year median of 87.89 and 191% above the Telecommunication Services industry median of 105.68. MTN Ghana's overall GF Score™ is 100/100 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 MTN Ghana (XGHA:MTNGH), the current Days Payable is 307.54 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 MTN Ghana (XGHA:MTNGH) Overvalued in 2026?
Based on GuruFocus' analysis, MTN Ghana stock appears to be overvalued.
The current stock price of GHS7.00 is trading 63.6% above its estimated GF Value™ of GHS4.28.
GuruFocus considers MTN Ghana to be Significantly Overvalued.
Key valuation signals for XGHA:MTNGH:
Days Payable: 307.54 (250% above median its 10-year median of 87.89)
GF Value™: GHS4.28 vs. price of GHS7.00 (63.6% above fair value)
Industry Position: 191% above the Telecommunication Services median (#36 of 340)
No single metric tells the full story. See the XGHA:MTNGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTN Ghana is a Ghana-based company that provides mobile financial services in the financial services industry. The principal activities are the provision of telecommunication services including voice, data, and enterprise solutions, mobile financial services, the development of strategic partnerships to provide developed services, and the provision of consultancy and support services in the mobile banking, payment services and fintech space. The company has four reportable segments, namely Network services, Interconnect and roaming, Digital and Fintech, and devices and accessories, out of which it derives maximum revenue from Network services.
100GF Score
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