Miris Holding AB (XSAT:MIR) Days Payable: 26.00 (As of Mar. 2026) — 50% Below Median


XSAT:MIR Miris Holding AB XSAT:MIR
39 GF Score
Price kr25.40
GF Value kr15.74
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Miris Holding AB Days Payable?

Miris Holding AB XSAT:MIR -2.31% 39 Days Payable is 26.00 as of Mar. 2026, which is 50% below its 10-year median of 52.35. GuruFocus rates XSAT:MIR with a GF Score™ of 39/100 and a GF Value™ of kr15.74 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,440 Hardware companies, Miris Holding AB ranks worse than 73.32% on this metric.

Miris Holding AB's average Accounts Payable for the three months ended in Mar. 2026 was kr0.97 Mil. Miris Holding AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr3.41 Mil. Hence, Miris Holding AB's Days Payable for the three months ended in Mar. 2026 was 26.00.

The historical rank and industry rank for Miris Holding AB's Days Payable or its related term are showing as below:

XSAT:MIR' s Days Payable Range Over the Past 10 Years
Min: 25.15   Med: 52.35   Max: 72.17
Current: 44.48

During the past 13 years, Miris Holding AB's highest Days Payable was 72.17. The lowest was 25.15. And the median was 52.35.

XSAT:MIR's Days Payable is ranked worse than
73.32% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs XSAT:MIR: 44.48

Miris Holding AB's Days Payable declined from Mar. 2025 (35.64) to Mar. 2026 (26.00). It may suggest that Miris Holding AB accelerated paying its suppliers.


Miris Holding AB Days Payable Historical Data

* Premium members only.

The historical data trend for Miris Holding AB'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.

Miris Holding AB Days Payable Chart

Miris Holding AB 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 33.74 36.08 72.17 50.24 25.15

Miris Holding AB 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 35.64 57.58 49.80 44.48 26.00

XSAT:MIR vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Miris Holding AB'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.


Miris Holding AB Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Miris Holding AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Miris Holding AB's Days Payable falls into.


XSAT:MIR
39GF Score
Miris Holding AB XSAT:MIR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Miris Holding AB 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.

Miris Holding AB'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
=( (0.914 + 0.995) / 2 ) / 13.855*365
=0.9545 / 13.855*365
=25.15

Miris Holding AB'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
=( (0.995 + 0.949) / 2 ) / 3.412*365 / 4
=0.972 / 3.412*365 / 4
=26.00

* 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 26.00 mean?
Miris Holding AB (XSAT:MIR) has a Days Payable of 26.00 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 Miris Holding AB and its competitors. This is 50% below median its historical median of 52.35. Over the past decade, Miris Holding AB's Days Payable has ranged from 25.15 to 72.17. According to the industry distribution chart, Miris Holding AB ranks #1789 out of 2440 companies in the Hardware industry, placing it in the top 73.3%.
Is Miris Holding AB's Days Payable too high?
Miris Holding AB's current Days Payable of 26.00 is 50% below median its 10-year median of 52.35. Over the past 10 years, this metric has ranged from a low of 25.15 to a high of 72.17. The Hardware industry median Days Payable is 69.94. Miris Holding AB's value of 26.00 is 62.8% below this industry median. Based on the distribution chart, Miris Holding AB ranks #1789 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Miris Holding AB has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miris Holding AB's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Miris Holding AB ranks #1789 out of 2440 companies for Days Payable. This places Miris Holding AB in the lower half of its industry. The industry median Days Payable is 69.94. Miris Holding AB's value of 26.00 is 62.8% below this benchmark. Historically, Miris Holding AB's own Days Payable has ranged from 25.15 to 72.17 over the past decade. While the company's 10-year median is 52.35 vs. the industry median of 69.94, Miris Holding AB has consistently been below 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,440 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. Miris Holding AB's current Days Payable of 26.00 is 62.8% below 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 Miris Holding AB and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miris Holding AB's current Days Payable is 26.00, which is 50% below median its own 10-year median of 52.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miris Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Miris Holding AB (XSAT:MIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.74, compared to a current price of kr25.40 — trading 61.4% above its estimated fair value. The current Days Payable is 26.00, which is 50% below median its 10-year median of 52.35 and 62.8% below the Hardware industry median of 69.94. Miris Holding AB's overall GF Score™ is 39/100 with 4 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 Miris Holding AB (XSAT:MIR), the current Days Payable is 26.00 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 Miris Holding AB (XSAT:MIR) Overvalued in 2026?

Based on GuruFocus' analysis, Miris Holding AB stock appears to be overvalued. The current stock price of kr25.40 is trading 61.4% above its estimated GF Value™ of kr15.74. GuruFocus considers Miris Holding AB to be Significantly Overvalued.

Key valuation signals for XSAT:MIR:

  • Days Payable: 26.00 (50% below median its 10-year median of 52.35)
  • GF Value™: kr15.74 vs. price of kr25.40 (61.4% above fair value)
  • GF Score™: 39/100 with 4 warning signs
  • Industry Position: 62.8% below the Hardware median (#1789 of 2440)

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


Miris Holding AB Business Description

Address Danmarksgatan 26, Uppsala, SWE, SE-753 23
Miris Holding AB develops, produces, markets and sells the Miris HMA - Human Milk Analyzer (HMA). It provides neonatal health through the development, manufacture and sale of equipment and consumables for human milk analysis to enable individual nutrition for premature infants. It is used in healthcare for the analysis of breast milk for premature babies and for the classification of donated breast milk at milk banks.
39GF Score

Get the complete analysis for XSAT:MIR

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

kr25.40
Price
kr15.74
GF Value