Mevaco (ATH:MEVA) Days Payable: 107.80 (As of Dec. 2025) — 22% Below Median


ATH:MEVA Mevaco SA ATH:MEVA
43 GF Score
Price €8.54
! 1 Warning Sign
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What is Mevaco Days Payable?

Mevaco ATH:MEVA -2.06% 43 Days Payable is 107.80 as of Dec. 2025, which is 22% below its 10-year median of 137.89. GuruFocus rates ATH:MEVA with a GF Score™ of 43/100. The stock has 1 warning sign investors should review. Among 597 Steel companies, Mevaco ranks better than 84.59% on this metric.

Mevaco's average Accounts Payable for the six months ended in Dec. 2025 was €14.97 Mil. Mevaco's Cost of Goods Sold for the six months ended in Dec. 2025 was €50.70 Mil. Hence, Mevaco's Days Payable for the six months ended in Dec. 2025 was 53.90.

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

ATH:MEVA' s Days Payable Range Over the Past 10 Years
Min: 107.8   Med: 137.89   Max: 167.97
Current: 107.8

During the past 2 years, Mevaco's highest Days Payable was 167.97. The lowest was 107.80. And the median was 137.89.

ATH:MEVA's Days Payable is ranked better than
84.59% of 597 companies
in the Steel industry
Industry Median: 41.39 vs ATH:MEVA: 107.80

Mevaco's Days Payable increased from . 20 (0.00) to Dec. 2025 (107.80). It may suggest that Mevaco delayed paying its suppliers.


Mevaco Days Payable Historical Data

* Premium members only.

The historical data trend for Mevaco'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.

Mevaco Days Payable Chart

Mevaco Annual Data
Trend Dec24 Dec25
Days Payable
167.97 107.80

Mevaco Semi-Annual Data
Dec24 Dec25
Days Payable 167.97 107.80

ATH:MEVA vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Mevaco'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.


Mevaco Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Mevaco's Days Payable distribution charts can be found below:

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


ATH:MEVA
43GF Score
Mevaco SA ATH:MEVA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mevaco 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.

Mevaco'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
=( (21.391 + 8.553) / 2 ) / 50.695*365
=14.972 / 50.695*365
=107.80

Mevaco's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (21.391 + 8.553) / 2 ) / 50.695*365 / 2
=14.972 / 50.695*365 / 2
=53.90

* 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 107.80 mean?
Mevaco (ATH:MEVA) has a Days Payable of 107.80 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mevaco and its competitors. This is 22% below median its historical median of 137.89. Over the past decade, Mevaco's Days Payable has ranged from 107.80 to 167.97. According to the industry distribution chart, Mevaco ranks #92 out of 597 companies in the Steel industry, placing it in the top 15.4%.
Is Mevaco's Days Payable too high?
Mevaco's current Days Payable of 107.80 is 22% below median its 10-year median of 137.89. Over the past 10 years, this metric has ranged from a low of 107.80 to a high of 167.97. The Steel industry median Days Payable is 41.39. Mevaco's value of 107.80 is 160.4% above this industry median. Based on the distribution chart, Mevaco ranks #92 out of 597 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mevaco has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Mevaco's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Mevaco ranks #92 out of 597 companies for Days Payable. This places Mevaco in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Mevaco's value of 107.80 is 160.4% above this benchmark. Historically, Mevaco's own Days Payable has ranged from 107.80 to 167.97 over the past decade. While the company's 10-year median is 137.89 vs. the industry median of 41.39, Mevaco 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 597 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. Mevaco's current Days Payable of 107.80 is 160.4% 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 Mevaco and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mevaco's current Days Payable is 107.80, which is 22% below median its own 10-year median of 137.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mevaco stock overvalued right now?
Mevaco (ATH:MEVA) has a current Days Payable of 107.80. The current Days Payable is 107.80, which is 22% below median its 10-year median of 137.89 and 160.4% above the Steel industry median of 41.39. Mevaco's overall GF Score™ is 43/100 with 1 warning sign 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 Mevaco (ATH:MEVA), the current Days Payable is 107.80 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.

Mevaco Business Description

Address Aspropirgos Attikis Location Prari, (NATO Avenue), Moustaki, GRC, 19 300
Mevaco SA is engaged in the production of steel and aluminium sheet and similar metal and plastic products. The company mainly produces metallic items and products with basic raw material levels of steel sheets, stainless steel sheets, aluminum, copper, brass, acrylic sheets as well as metal structures of average weight for customers.
43GF Score

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