Me Lin Steel JSC (HSTC:MEL) Days Payable: 0.00 (As of . 20)


What is Me Lin Steel JSC Days Payable?

Me Lin Steel JSC HSTC:MEL -5.41% Days Payable is 0.00 as of . 20. Among 598 Steel companies, Me Lin Steel JSC ranks worse than 167223.91% on this metric.

Me Lin Steel JSC's average Accounts Payable for the six months ended in . 20 was ₫0.00 Mil. Me Lin Steel JSC's Cost of Goods Sold for the six months ended in . 20 was ₫0.00 Mil.

The historical rank and industry rank for Me Lin Steel JSC's Days Payable or its related term are showing as below:

HSTC:MEL's Days Payable is not ranked *
in the Steel industry.
Industry Median: 41.385
* Ranked among companies with meaningful Days Payable only.

Me Lin Steel JSC's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

Me Lin Steel JSC Days Payable Historical Data

* Premium members only.

The historical data trend for Me Lin Steel JSC'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.

Me Lin Steel JSC Days Payable Chart

Me Lin Steel JSC Annual Data
Trend
Days Payable

Me Lin Steel JSC Semi-Annual Data
Days Payable

Me Lin Steel JSC Days Payable Competitor Comparison

For the Steel subindustry, Me Lin Steel JSC'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.

Me Lin Steel JSC Days Payable vs Steel Industry

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

* The bar in red indicates where Me Lin Steel JSC's Days Payable falls into.


Me Lin Steel JSC 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.

Me Lin Steel JSC's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Me Lin Steel JSC's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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 0.00 mean?
Me Lin Steel JSC (HSTC:MEL) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Me Lin Steel JSC and its competitors. According to the industry distribution chart, Me Lin Steel JSC ranks #999999 out of 598 companies in the Steel industry.
Is Me Lin Steel JSC's Days Payable too high?
Me Lin Steel JSC's current Days Payable is 0.00. Based on the distribution chart, Me Lin Steel JSC ranks #999999 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Me Lin Steel JSC's Days Payable compare to competitors?
According to the Steel industry distribution chart, Me Lin Steel JSC ranks #999999 out of 598 companies for Days Payable. This places Me Lin Steel JSC in the lower half of its industry. The industry median Days Payable is 41.39. 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. 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 Me Lin Steel JSC 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. Me Lin Steel JSC's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Me Lin Steel JSC stock overvalued right now?
Me Lin Steel JSC (HSTC:MEL) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Me Lin Steel JSC (HSTC:MEL), the current Days Payable is 0.00 as of . 20. 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.

Me Lin Steel JSC Business Description

Address No. 8 Administrative Zone, Dong Da Ward, Vinh Phuc Province, Vinh Yen City, VNM
Me Lin Steel JSC operates in the steel industry. The business activities of the company are processing, manufacturing, trading, importing, and exporting steel products, wholesale of machinery and spare parts, warehousing rental service, and investment in industrial parks, urban areas, and offices.