Hangzhou Meari Technology Co (BJSE:920036) Days Payable: 100.78 (As of Jun. 2026) — 99% Above Median

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BJSE:920036 Hangzhou Meari Technology Co Ltd BJSE:920036
46 GF Score
Price ¥29.83
! 5 Warning Signs
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What is Hangzhou Meari Technology Co Days Payable?

Hangzhou Meari Technology Co BJSE:920036 46 Days Payable is 100.78 as of Jun. 2026, which is 99% above its 10-year median of 50.69. GuruFocus rates BJSE:920036 with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 2,440 Hardware companies, Hangzhou Meari Technology Co ranks worse than 68.32% on this metric.

Hangzhou Meari Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥128.0 Mil. Hangzhou Meari Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥115.9 Mil. Hence, Hangzhou Meari Technology Co's Days Payable for the three months ended in Jun. 2026 was 100.78.

The historical rank and industry rank for Hangzhou Meari Technology Co's Days Payable or its related term are showing as below:

BJSE:920036' s Days Payable Range Over the Past 10 Years
Min: 48.27   Med: 50.69   Max: 68.81
Current: 49.94

During the past 7 years, Hangzhou Meari Technology Co's highest Days Payable was 68.81. The lowest was 48.27. And the median was 50.69.

BJSE:920036's Days Payable is ranked worse than
68.32% of 2440 companies
in the Hardware industry
Industry Median: 69.95 vs BJSE:920036: 49.94

Hangzhou Meari Technology Co's Days Payable increased from Jun. 2025 (70.22) to Jun. 2026 (100.78). It may suggest that Hangzhou Meari Technology Co delayed paying its suppliers.


Hangzhou Meari Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hangzhou Meari Technology Co'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.

Hangzhou Meari Technology Co Days Payable Chart

Hangzhou Meari Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 49.37 48.27 50.26 58.73 68.81

Hangzhou Meari Technology Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 70.22 74.78 19.87 91.26 100.78

BJSE:920036 vs DELL, ANET, SNDK: Days Payable Comparison

For the Computer Hardware subindustry, Hangzhou Meari Technology Co'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.


Hangzhou Meari Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Hangzhou Meari Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou Meari Technology Co's Days Payable falls into.


BJSE:920036
46GF Score
Hangzhou Meari Technology Co Ltd BJSE:920036
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou Meari Technology Co 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.

Hangzhou Meari Technology Co'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
=( (82.126 + 112.227) / 2 ) / 515.459*365
=97.1765 / 515.459*365
=68.81

Hangzhou Meari Technology Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (91.954 + 164.023) / 2 ) / 115.891*365 / 4
=127.9885 / 115.891*365 / 4
=100.78

* 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 100.78 mean?
Hangzhou Meari Technology Co (BJSE:920036) has a Days Payable of 100.78 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hangzhou Meari Technology Co and its competitors. This is 99% above median its historical median of 50.69. Over the past decade, Hangzhou Meari Technology Co's Days Payable has ranged from 48.27 to 68.81. According to the industry distribution chart, Hangzhou Meari Technology Co ranks #1667 out of 2440 companies in the Hardware industry, placing it in the top 68.3%.
Is Hangzhou Meari Technology Co's Days Payable too high?
Hangzhou Meari Technology Co's current Days Payable of 100.78 is 99% above median its 10-year median of 50.69. Over the past 10 years, this metric has ranged from a low of 48.27 to a high of 68.81. The Hardware industry median Days Payable is 69.95. Hangzhou Meari Technology Co's value of 100.78 is 44.1% above this industry median. Based on the distribution chart, Hangzhou Meari Technology Co ranks #1667 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Hangzhou Meari Technology Co has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Meari Technology Co's Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, Hangzhou Meari Technology Co ranks #1667 out of 2440 companies for Days Payable. This places Hangzhou Meari Technology Co in the lower half of its industry. The industry median Days Payable is 69.95. Hangzhou Meari Technology Co's value of 100.78 is 44.1% above this benchmark. Historically, Hangzhou Meari Technology Co's own Days Payable has ranged from 48.27 to 68.81 over the past decade. While the company's 10-year median is 50.69 vs. the industry median of 69.95, Hangzhou Meari Technology Co 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 Hardware company?
The median Days Payable among Hardware companies is 69.95, 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. Hangzhou Meari Technology Co's current Days Payable of 100.78 is 44.1% 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 Hangzhou Meari Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Meari Technology Co's current Days Payable is 100.78, which is 99% above median its own 10-year median of 50.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Meari Technology Co stock overvalued right now?
Hangzhou Meari Technology Co (BJSE:920036) has a current Days Payable of 100.78. The current Days Payable is 100.78, which is 99% above median its 10-year median of 50.69 and 44.1% above the Hardware industry median of 69.95. Hangzhou Meari Technology Co's overall GF Score™ is 46/100 with 5 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 Hangzhou Meari Technology Co (BJSE:920036), the current Days Payable is 100.78 as of Jun. 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.

Hangzhou Meari Technology Co Business Description

Address No. 825 Ruquan Road, Changhe Street, Building 4, Huiding Innovation Center, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310052
Hangzhou Meari Technology Co Ltd is engaged in the research, design, production, and sale of intelligent network cameras and IoT-based video products that integrate hardware, software, cloud services, and artificial intelligence technologies. Its business activities include the manufacturing and sale of intelligent home consumer devices, as well as the provision of related technical services such as technology development, consulting, technical exchange, technology transfer, and technology promotion.
46GF Score

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