MindArk PE AB (XSAT:MNDRK) Days Payable: 57.57 (As of Mar. 2026) — 52% Above Median


XSAT:MNDRK MindArk PE AB XSAT:MNDRK
57 GF Score
Price kr0.79
GF Value kr1.38
Valuation Possible Value Trap
! 4 Warning Signs
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What is MindArk PE AB Days Payable?

MindArk PE AB XSAT:MNDRK -20.20% 57 Days Payable is 57.57 as of Mar. 2026, which is 52% above its 10-year median of 37.87. GuruFocus rates XSAT:MNDRK with a GF Score™ of 57/100 and a GF Value™ of kr1.38 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,598 Software companies, MindArk PE AB ranks worse than 57.85% on this metric.

MindArk PE AB's average Accounts Payable for the three months ended in Mar. 2026 was kr4.22 Mil. MindArk PE AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr6.68 Mil. Hence, MindArk PE AB's Days Payable for the three months ended in Mar. 2026 was 57.57.

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

XSAT:MNDRK' s Days Payable Range Over the Past 10 Years
Min: 33.41   Med: 37.87   Max: 58.19
Current: 42.32

During the past 4 years, MindArk PE AB's highest Days Payable was 58.19. The lowest was 33.41. And the median was 37.87.

XSAT:MNDRK's Days Payable is ranked worse than
57.85% of 2598 companies
in the Software industry
Industry Median: 53.675 vs XSAT:MNDRK: 42.32

MindArk PE AB's Days Payable increased from Mar. 2025 (24.77) to Mar. 2026 (57.57). It may suggest that MindArk PE AB delayed paying its suppliers.


MindArk PE AB Days Payable Historical Data

* Premium members only.

The historical data trend for MindArk PE 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.

MindArk PE AB Days Payable Chart

MindArk PE AB Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
58.19 33.41 39.95 35.78

MindArk PE AB Quarterly Data
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 24.77 33.04 29.89 36.90 57.57

XSAT:MNDRK vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, MindArk PE 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.


MindArk PE AB Days Payable vs Software Industry

For the Software industry and Technology sector, MindArk PE AB's Days Payable distribution charts can be found below:

* The bar in red indicates where MindArk PE AB's Days Payable falls into.


XSAT:MNDRK
57GF Score
MindArk PE AB XSAT:MNDRK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MindArk PE 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.

MindArk PE 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
=( (1.445 + 3.75) / 2 ) / 26.5*365
=2.5975 / 26.5*365
=35.78

MindArk PE 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
=( (3.75 + 4.682) / 2 ) / 6.682*365 / 4
=4.216 / 6.682*365 / 4
=57.57

* 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 57.57 mean?
MindArk PE AB (XSAT:MNDRK) has a Days Payable of 57.57 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 MindArk PE AB and its competitors. This is 52% above median its historical median of 37.87. Over the past decade, MindArk PE AB's Days Payable has ranged from 33.41 to 58.19. According to the industry distribution chart, MindArk PE AB ranks #1503 out of 2598 companies in the Software industry, placing it in the top 57.9%.
Is MindArk PE AB's Days Payable too high?
MindArk PE AB's current Days Payable of 57.57 is 52% above median its 10-year median of 37.87. Over the past 10 years, this metric has ranged from a low of 33.41 to a high of 58.19. The Software industry median Days Payable is 53.68. MindArk PE AB's value of 57.57 is 7.3% above this industry median. Based on the distribution chart, MindArk PE AB ranks #1503 out of 2598 companies in the Software industry, which is below the industry midpoint. Overall, MindArk PE AB has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MindArk PE AB's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, MindArk PE AB ranks #1503 out of 2598 companies for Days Payable. This places MindArk PE AB in the lower half of its industry. The industry median Days Payable is 53.68. MindArk PE AB's value of 57.57 is 7.3% above this benchmark. Historically, MindArk PE AB's own Days Payable has ranged from 33.41 to 58.19 over the past decade. While the company's 10-year median is 37.87 vs. the industry median of 53.68, MindArk PE AB 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 53.68, based on 2,598 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. MindArk PE AB's current Days Payable of 57.57 is 7.3% 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 MindArk PE AB and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MindArk PE AB's current Days Payable is 57.57, which is 52% above median its own 10-year median of 37.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MindArk PE AB stock overvalued right now?
Based on GuruFocus' analysis, MindArk PE AB (XSAT:MNDRK) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.38, compared to a current price of kr0.79 — trading 42.8% below its estimated fair value. The current Days Payable is 57.57, which is 52% above median its 10-year median of 37.87 and 7.3% above the Software industry median of 53.68. MindArk PE AB's overall GF Score™ is 57/100 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 MindArk PE AB (XSAT:MNDRK), the current Days Payable is 57.57 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 MindArk PE AB (XSAT:MNDRK) Overvalued in 2026?

Based on GuruFocus' analysis, MindArk PE AB stock appears to be undervalued. The current stock price of kr0.79 is trading 42.8% below its estimated GF Value™ of kr1.38. GuruFocus considers MindArk PE AB to be Possible Value Trap.

Key valuation signals for XSAT:MNDRK:

  • Days Payable: 57.57 (52% above median its 10-year median of 37.87)
  • GF Value™: kr1.38 vs. price of kr0.79 (42.8% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 7.3% above the Software median (#1503 of 2598)

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


MindArk PE AB Business Description

Other Exchanges Z7R:Germany
Address Masthamnsgatan 5, Gothenburg, SWE, SE 413 29
MindArk PE AB develops and operates Entropia Universe and the Entropia Platform. Entropia Universe is a 3D internet virtual universe with an integrated economic system and stunning graphics. The client software is free of charge and available to anyone with internet access. The Entropia Platform is a secure entertainment and business platform, enabling companies and organizations all over the world to build content on themed planets inside the Entropia Universe.
57GF Score

Get the complete analysis for XSAT:MNDRK

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

kr0.79
Price
kr1.38
GF Value