MECOM Power and Construction (HKSE:01183) Days Payable: 41.83 (As of Dec. 2025) — Near Median

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HKSE:01183 MECOM Power and Construction Ltd HKSE:01183
65 GF Score
Price HK$0.14
GF Value HK$0.23
Valuation Significantly Undervalued
! 6 Warning Signs
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What is MECOM Power and Construction Days Payable?

MECOM Power and Construction HKSE:01183 65 Days Payable is 41.83 as of Dec. 2025, which is 5% below its 10-year median of 44.04. GuruFocus rates HKSE:01183 with a GF Score™ of 65/100 and a GF Value™ of HK$0.23 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 598 Steel companies, MECOM Power and Construction ranks better than 53.68% on this metric.

MECOM Power and Construction's average Accounts Payable for the six months ended in Dec. 2025 was HK$208 Mil. MECOM Power and Construction's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$909 Mil. Hence, MECOM Power and Construction's Days Payable for the six months ended in Dec. 2025 was 41.83.

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

HKSE:01183' s Days Payable Range Over the Past 10 Years
Min: 28.92   Med: 44.04   Max: 60.78
Current: 45.75

During the past 12 years, MECOM Power and Construction's highest Days Payable was 60.78. The lowest was 28.92. And the median was 44.04.

HKSE:01183's Days Payable is ranked better than
53.68% of 598 companies
in the Steel industry
Industry Median: 41.39 vs HKSE:01183: 45.75

MECOM Power and Construction's Days Payable declined from Dec. 2024 (61.19) to Dec. 2025 (41.83). It may suggest that MECOM Power and Construction accelerated paying its suppliers.


MECOM Power and Construction Days Payable Historical Data

* Premium members only.

The historical data trend for MECOM Power and Construction'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.

MECOM Power and Construction Days Payable Chart

MECOM Power and Construction Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.44 54.12 60.78 52.78 48.44

MECOM Power and Construction Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 55.87 61.12 61.19 47.70 41.83

HKSE:01183 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, MECOM Power and Construction'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.


MECOM Power and Construction Days Payable vs Steel Industry

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

* The bar in red indicates where MECOM Power and Construction's Days Payable falls into.


HKSE:01183
65GF Score
MECOM Power and Construction Ltd HKSE:01183
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MECOM Power and Construction 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.

MECOM Power and Construction'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
=( (192.23 + 237.439) / 2 ) / 1618.768*365
=214.8345 / 1618.768*365
=48.44

MECOM Power and Construction'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (179.023 + 237.439) / 2 ) / 908.572*365 / 2
=208.231 / 908.572*365 / 2
=41.83

* 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 41.83 mean?
MECOM Power and Construction (HKSE:01183) has a Days Payable of 41.83 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 MECOM Power and Construction and its competitors. This is near median its historical median of 44.04. Over the past decade, MECOM Power and Construction's Days Payable has ranged from 28.92 to 60.78. According to the industry distribution chart, MECOM Power and Construction ranks #277 out of 598 companies in the Steel industry, placing it in the top 46.3%.
Is MECOM Power and Construction's Days Payable too high?
MECOM Power and Construction's current Days Payable of 41.83 is near median its 10-year median of 44.04. Over the past 10 years, this metric has ranged from a low of 28.92 to a high of 60.78. The Steel industry median Days Payable is 41.39. MECOM Power and Construction's value of 41.83 is 1.1% above this industry median. Based on the distribution chart, MECOM Power and Construction ranks #277 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, MECOM Power and Construction has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MECOM Power and Construction's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, MECOM Power and Construction ranks #277 out of 598 companies for Days Payable. This puts MECOM Power and Construction in the upper half of its industry. The industry median Days Payable is 41.39. MECOM Power and Construction's value of 41.83 is 1.1% above this benchmark. Historically, MECOM Power and Construction's own Days Payable has ranged from 28.92 to 60.78 over the past decade. While the company's 10-year median is 44.04 vs. the industry median of 41.39, MECOM Power and Construction 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 598 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. MECOM Power and Construction's current Days Payable of 41.83 is 1.1% 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 MECOM Power and Construction 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. MECOM Power and Construction's current Days Payable is 41.83, which is near median its own 10-year median of 44.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MECOM Power and Construction stock overvalued right now?
Based on GuruFocus' analysis, MECOM Power and Construction (HKSE:01183) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$0.14 — trading 41.3% below its estimated fair value. The current Days Payable is 41.83, which is near median its 10-year median of 44.04 and 1.1% above the Steel industry median of 41.39. MECOM Power and Construction's overall GF Score™ is 65/100 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 MECOM Power and Construction (HKSE:01183), the current Days Payable is 41.83 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 MECOM Power and Construction (HKSE:01183) Overvalued in 2026?

Based on GuruFocus' analysis, MECOM Power and Construction stock appears to be undervalued. The current stock price of HK$0.14 is trading 41.3% below its estimated GF Value™ of HK$0.23. GuruFocus considers MECOM Power and Construction to be Significantly Undervalued.

Key valuation signals for HKSE:01183:

  • Days Payable: 41.83 (near median its 10-year median of 44.04)
  • GF Value™: HK$0.23 vs. price of HK$0.14 (41.3% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 1.1% above the Steel median (#277 of 598)

No single metric tells the full story. See the HKSE:01183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MECOM Power and Construction Business Description

Address No. 258 Alameda Dr. Carlos D’Assumpcao, Units Q, R and S, Kin Fu Kuok, 6th Floor, Praca Kin Heng Long-Heng Hoi Kuok, Macau, MAC
MECOM Power and Construction Ltd is a construction company engaged in construction of power substation and structural steelworks. Its scope covers steel structures business, including research and development and sales of new construction materials; construction business, including construction and fitting out works, high voltage power substation construction and its system installation works, E&M engineering services works, facilities management and operation and maintenance services, construction, operation and maintenance of data centres; and electric vehicles related services. Its segments are: Construction business, Electric vehicles business, and Intelligent manufacturing business. It derives maximum revenue from Intelligent manufacturing business.
65GF Score

Get the complete analysis for HKSE:01183

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

HK$0.14
Price
HK$0.23
GF Value