Metir (LSE:MET) Days Payable: 174.61 (As of Jun. 2025) — Near Median


What is Metir Days Payable?

Metir LSE:MET Days Payable is 174.61 as of Jun. 2025, which is 5% below its 10-year median of 184.09. The stock has 5 warning signs investors should review. Among 2,440 Hardware companies, Metir ranks better than 90.9% on this metric.

Metir's average Accounts Payable for the six months ended in Jun. 2025 was £0.54 Mil. Metir's Cost of Goods Sold for the six months ended in Jun. 2025 was £0.57 Mil. Hence, Metir's Days Payable for the six months ended in Jun. 2025 was 174.61.

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

LSE:MET' s Days Payable Range Over the Past 10 Years
Min: 53.31   Med: 184.09   Max: 358.35
Current: 209.22

During the past 13 years, Metir's highest Days Payable was 358.35. The lowest was 53.31. And the median was 184.09.

LSE:MET's Days Payable is ranked better than
90.9% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs LSE:MET: 209.22

Metir's Days Payable declined from Jun. 2024 (763.55) to Jun. 2025 (174.61). It may suggest that Metir accelerated paying its suppliers.


Metir Days Payable Historical Data

* Premium members only.

The historical data trend for Metir'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.

Metir Days Payable Chart

Metir Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.23 101.66 97.16 265.71 358.35

Metir Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 200.12 762.32 763.55 286.06 174.61

LSE:MET vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Metir'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.


Metir Days Payable vs Hardware Industry

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

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



Metir 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.

Metir's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.182 + 0.519) / 2 ) / 0.357*365
=0.3505 / 0.357*365
=358.35

Metir's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (0.519 + 0.566) / 2 ) / 0.567*365 / 2
=0.5425 / 0.567*365 / 2
=174.61

* 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 174.61 mean?
Metir (LSE:MET) has a Days Payable of 174.61 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Metir and its competitors. This is near median its historical median of 184.09. Over the past decade, Metir's Days Payable has ranged from 53.31 to 358.35. According to the industry distribution chart, Metir ranks #222 out of 2440 companies in the Hardware industry, placing it in the top 9.1%.
Is Metir's Days Payable too high?
Metir's current Days Payable of 174.61 is near median its 10-year median of 184.09. Over the past 10 years, this metric has ranged from a low of 53.31 to a high of 358.35. The Hardware industry median Days Payable is 69.94. Metir's value of 174.61 is 149.7% above this industry median. Based on the distribution chart, Metir ranks #222 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does Metir's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Metir ranks #222 out of 2440 companies for Days Payable. This places Metir in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.94. Metir's value of 174.61 is 149.7% above this benchmark. Historically, Metir's own Days Payable has ranged from 53.31 to 358.35 over the past decade. While the company's 10-year median is 184.09 vs. the industry median of 69.94, Metir 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 69.94, 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. Metir's current Days Payable of 174.61 is 149.7% 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 Metir and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metir's current Days Payable is 174.61, which is near median its own 10-year median of 184.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metir stock overvalued right now?
Metir (LSE:MET) has a current Days Payable of 174.61. The current Days Payable is 174.61, which is near median its 10-year median of 184.09 and 149.7% above the Hardware industry median of 69.94. 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 Metir (LSE:MET), the current Days Payable is 174.61 as of Jun. 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.

Metir Business Description

Address Amy Johnson Way, York Eco Business Centre, York, GBR, YO30 4AG
Metir PLC, formerly Microsaic Systems PLC is principally focused on monitoring water for toxins and pathogens by integrating its wider equipment portfolio with the manufacture of specialized Microtox reagent consumables. The company's micro-mass spectrometer system and Modern Water water testing solutions enables analytical detection and characterization at the point of need, whether within a mobile testing capability, conventional laboratory setting, or within a bioprocessing facility for continuous detection of data at multiple steps. The company has one business segment, being the research, development, and commercialization of scientific instruments.