Meridian Holdings (FRA:SE0) Days Payable: 82.53 (As of Jun. 2026) — 34% Above Median

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FRA:SE0 Meridian Holdings Inc FRA:SE0
74 GF Score
Price €11.42
GF Value €20.06
! 8 Warning Signs
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What is Meridian Holdings Days Payable?

Meridian Holdings FRA:SE0 +3.07% 74 Days Payable is 82.53 as of Jun. 2026, which is 34% above its 10-year median of 61.48. GuruFocus rates FRA:SE0 with a GF Score™ of 74/100 and a GF Value™ of €20.06. The stock has 8 warning signs investors should review. Among 780 Travel & Leisure companies, Meridian Holdings ranks better than 62.82% on this metric.

Meridian Holdings's average Accounts Payable for the three months ended in Jun. 2026 was €18.3 Mil. Meridian Holdings's Cost of Goods Sold for the three months ended in Jun. 2026 was €20.3 Mil. Hence, Meridian Holdings's Days Payable for the three months ended in Jun. 2026 was 82.53.

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

FRA:SE0' s Days Payable Range Over the Past 10 Years
Min: 9.94   Med: 61.48   Max: 492.75
Current: 81.6

During the past 13 years, Meridian Holdings's highest Days Payable was 492.75. The lowest was 9.94. And the median was 61.48.

FRA:SE0's Days Payable is ranked better than
62.82% of 780 companies
in the Travel & Leisure industry
Industry Median: 56.27 vs FRA:SE0: 81.60

Meridian Holdings's Days Payable declined from Jun. 2025 (84.22) to Jun. 2026 (82.53). It may suggest that Meridian Holdings accelerated paying its suppliers.


Meridian Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Meridian Holdings'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.

Meridian Holdings Days Payable Chart

Meridian Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jan21 Oct22 Oct23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.34 9.84 23.05 45.92 80.47

Meridian Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 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 Premium Member Only Premium Member Only 84.22 76.36 83.92 80.38 82.53

FRA:SE0 vs INSE, ROLR, GRSD: Days Payable Comparison

For the Gambling subindustry, Meridian Holdings'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.


Meridian Holdings Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's Days Payable distribution charts can be found below:

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


FRA:SE0
74GF Score
Meridian Holdings Inc FRA:SE0
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Meridian Holdings 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.

Meridian Holdings'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
=( (12.331 + 17.569) / 2 ) / 67.813*365
=14.95 / 67.813*365
=80.47

Meridian Holdings'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
=( (15.894 + 20.751) / 2 ) / 20.258*365 / 4
=18.3225 / 20.258*365 / 4
=82.53

* 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 82.53 mean?
Meridian Holdings (FRA:SE0) has a Days Payable of 82.53 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 Meridian Holdings and its competitors. This is 34% above median its historical median of 61.48. Over the past decade, Meridian Holdings' Days Payable has ranged from 9.94 to 492.75. According to the industry distribution chart, Meridian Holdings ranks #290 out of 780 companies in the Travel & Leisure industry, placing it in the top 37.2%.
Is Meridian Holdings' Days Payable too high?
Meridian Holdings' current Days Payable of 82.53 is 34% above median its 10-year median of 61.48. Over the past 10 years, this metric has ranged from a low of 9.94 to a high of 492.75. The Travel & Leisure industry median Days Payable is 56.27. Meridian Holdings' value of 82.53 is 46.7% above this industry median. Based on the distribution chart, Meridian Holdings ranks #290 out of 780 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Meridian Holdings has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Meridian Holdings' Days Payable compare to INSE and ROLR?
According to the Travel & Leisure industry distribution chart, Meridian Holdings ranks #290 out of 780 companies for Days Payable. This puts Meridian Holdings in the upper half of its industry. The industry median Days Payable is 56.27. Meridian Holdings' value of 82.53 is 46.7% above this benchmark. Historically, Meridian Holdings' own Days Payable has ranged from 9.94 to 492.75 over the past decade. While the company's 10-year median is 61.48 vs. the industry median of 56.27, Meridian Holdings 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.27, based on 780 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. Meridian Holdings's current Days Payable of 82.53 is 46.7% 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 Meridian Holdings and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Holdings's current Days Payable is 82.53, which is 34% above median its own 10-year median of 61.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Holdings stock overvalued right now?
Meridian Holdings (FRA:SE0) has a current Days Payable of 82.53. The stock's GF Value™ is €20.06, compared to a current price of €11.42 — trading 43.1% below its estimated fair value. The current Days Payable is 82.53, which is 34% above median its 10-year median of 61.48 and 46.7% above the Travel & Leisure industry median of 56.27. Meridian Holdings' overall GF Score™ is 74/100 with 8 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 Meridian Holdings (FRA:SE0), the current Days Payable is 82.53 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.

Is Meridian Holdings (FRA:SE0) Overvalued in 2026?

Based on GuruFocus' analysis, Meridian Holdings stock appears to be undervalued. The current stock price of €11.42 is trading 43.1% below its estimated GF Value™ of €20.06.

Key valuation signals for FRA:SE0:

  • Days Payable: 82.53 (34% above median its 10-year median of 61.48)
  • GF Value™: €20.06 vs. price of €11.42 (43.1% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 46.7% above the Travel & Leisure median (#290 of 780)

No single metric tells the full story. See the FRA:SE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meridian Holdings Business Description

Other Exchanges MRDN:USA
Address 3651 Lindell Road, Suite D555, Las Vegas, NV, USA, 89103
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
74GF Score

Get the complete analysis for FRA:SE0

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

€11.42
Price
€20.06
GF Value