MEKO ABCHIX:MEKOS 69 Days Payable is 111.45 as of Mar. 2026, which is 28% above its 10-year median of 87.28. GuruFocus rates CHIX:MEKOS with a GF Score™ of 69/100 and a GF Value™ of kr122.47 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,313 Vehicles & Parts companies, MEKO AB ranks better than 71.44% on this metric.
MEKO AB's average Accounts Payable for the
three
months ended in Mar. 2026 was kr3,161 Mil. MEKO AB's Cost of Goods Sold for the
three
months ended in Mar. 2026 was kr2,588 Mil.
Hence, MEKO AB's Days Payable for the
three
months ended in Mar. 2026 was 111.45.
The historical rank and industry rank for MEKO AB's Days Payable or its related term are showing as below:
CHIX:MEKOs'
s Days Payable Range Over the Past 10 Years
Min: 75.85 Med: 87.28 Max: 107.41
Current: 107.41
During the past 13 years, MEKO AB's highest Days Payable was 107.41. The lowest was 75.85. And the median was 87.28.
CHIX:MEKOs's Days Payable is ranked better than 71.44% of 1313
companies
in the Vehicles & Parts industry
Industry Median: 67.12
vs CHIX:MEKOs: 107.41
MEKO AB's Days Payable
increased
from Mar. 2025 (104.93) to Mar. 2026 (111.45).
It may suggest that MEKO ABdelayed paying its suppliers.
MEKO AB Days Payable Related Terms
MEKO AB Days Payable Historical Data
* Premium members only.
The historical data trend for MEKO 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.
CHIX:MEKOS vs ORLY, AZO, BWA: Days Payable Comparison
For the Auto Parts subindustry, MEKO 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.
MEKO AB Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's Days Payable distribution charts can be found below:
* The bar in red indicates where MEKO AB's Days Payable falls into.
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.
MEKO AB's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
MEKO AB (CHIX:MEKOS) has a Days Payable of 111.45 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 MEKO AB and its competitors. This is 28% above median its historical median of 87.28. Over the past decade, MEKO AB's Days Payable has ranged from 75.85 to 107.41. According to the industry distribution chart, MEKO AB ranks #375 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 28.6%.
Is MEKO AB's Days Payable too high?
MEKO AB's current Days Payable of 111.45 is 28% above median its 10-year median of 87.28. Over the past 10 years, this metric has ranged from a low of 75.85 to a high of 107.41. The Vehicles & Parts industry median Days Payable is 67.12. MEKO AB's value of 111.45 is 66% above this industry median. Based on the distribution chart, MEKO AB ranks #375 out of 1313 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, MEKO AB has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MEKO AB's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MEKO AB ranks #375 out of 1313 companies for Days Payable. This puts MEKO AB in the upper half of its industry. The industry median Days Payable is 67.12. MEKO AB's value of 111.45 is 66% above this benchmark. Historically, MEKO AB's own Days Payable has ranged from 75.85 to 107.41 over the past decade. While the company's 10-year median is 87.28 vs. the industry median of 67.12, MEKO 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. MEKO AB's current Days Payable of 111.45 is 66% 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 MEKO AB and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEKO AB's current Days Payable is 111.45, which is 28% above median its own 10-year median of 87.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEKO AB stock overvalued right now?
Based on GuruFocus' analysis, MEKO AB (CHIX:MEKOS) is currently considered Possible Value Trap. The stock's GF Value™ is kr122.47, compared to a current price of kr79.53 — trading 35.1% below its estimated fair value. The current Days Payable is 111.45, which is 28% above median its 10-year median of 87.28 and 66% above the Vehicles & Parts industry median of 67.12. MEKO AB's overall GF Score™ is 69/100 with 6 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 MEKO AB (CHIX:MEKOS), the current Days Payable is 111.45 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 MEKO AB (CHIX:MEKOS) Overvalued in 2026?
Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued.
The current stock price of kr79.53 is trading 35.1% below its estimated GF Value™ of kr122.47.
GuruFocus considers MEKO AB to be Possible Value Trap.
Key valuation signals for CHIX:MEKOS:
Days Payable: 111.45 (28% above median its 10-year median of 87.28)
GF Value™: kr122.47 vs. price of kr79.53 (35.1% below fair value)
Industry Position: 66% above the Vehicles & Parts median (#375 of 1313)
No single metric tells the full story. See the CHIX:MEKOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. The company offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. The Affiliated workshops of the company operate under the company's brands: BilXtra, MECA, Mekonomen BFTZ, Fixus, Inter-Team, among others.
69GF Score
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