Novatech Industries (XPAR:MLNOV) Accounts Payable: €11.44 Mil (As of Dec. 2025)

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XPAR:MLNOV Novatech Industries XPAR:MLNOV
75 GF Score
Price €15.00
GF Value €11.93
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Novatech Industries Accounts Payable?

Novatech Industries XPAR:MLNOV 75 Accounts Payable is €11.44 Mil as of Dec. 2025. GuruFocus rates XPAR:MLNOV with a GF Score™ of 75/100 and a GF Value™ of €11.93 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Novatech Industries's Accounts Payable for the quarter that ended in Dec. 2025 was €11.44 Mil.

Novatech Industries's quarterly Accounts Payable declined from Dec. 2023 (€13.88 Mil) to Dec. 2024 (€13.44 Mil) and declined from Dec. 2024 (€13.44 Mil) to Dec. 2025 (€11.44 Mil).

Novatech Industries's annual Accounts Payable declined from Dec. 2023 (€13.88 Mil) to Dec. 2024 (€13.44 Mil) and declined from Dec. 2024 (€13.44 Mil) to Dec. 2025 (€11.44 Mil).

Novatech Industries Accounts Payable Related Terms

Novatech Industries Accounts Payable Historical Data

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The historical data trend for Novatech Industries's Accounts 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.

Novatech Industries Accounts Payable Chart

Novatech Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.78 12.82 13.88 13.44 11.44

Novatech Industries Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.78 12.82 13.88 13.44 11.44
XPAR:MLNOV
75GF Score
Novatech Industries XPAR:MLNOV
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Novatech Industries Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €11.44 Mil mean?
Novatech Industries (XPAR:MLNOV) has a Accounts Payable of €11.44 Mil as of Dec. 2025. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Novatech Industries and its competitors.
Is Novatech Industries' Accounts Payable too high?
Novatech Industries' current Accounts Payable is €11.44 Mil. Overall, Novatech Industries has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novatech Industries' Accounts Payable compare to APH and GLW?
Novatech Industries' Accounts Payable of €11.44 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Hardware company?
A good Accounts Payable depends on the Hardware industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Novatech Industries and its competitors. Novatech Industries's current Accounts Payable is €11.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novatech Industries stock overvalued right now?
Based on GuruFocus' analysis, Novatech Industries (XPAR:MLNOV) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.93, compared to a current price of €15.00 — trading 25.7% above its estimated fair value. The current Accounts Payable is €11.44 Mil. Novatech Industries' overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Novatech Industries (XPAR:MLNOV), the current Accounts Payable is €11.44 Mil as of Dec. 2025. 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 Novatech Industries (XPAR:MLNOV) Overvalued in 2026?

Based on GuruFocus' analysis, Novatech Industries stock appears to be overvalued. The current stock price of €15.00 is trading 25.7% above its estimated GF Value™ of €11.93. GuruFocus considers Novatech Industries to be Modestly Overvalued.

Key valuation signals for XPAR:MLNOV:

  • Accounts Payable: €11.44 Mil
  • GF Value™: €11.93 vs. price of €15.00 (25.7% above fair value)
  • GF Score™: 75/100 with 2 warning signs

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

Novatech Industries Business Description

Address 1 Rue Paul Sabatier, Lannion, FRA, 22300
Novatech Industries is engaged in electronic sub-contracting services. It operates in two main activities: the assembly of electric components supplied by contractors and the manufacture of electronic cards.
75GF Score

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

€15.00
Price
€11.93
GF Value