MCCK (Mestek) Days Payable: 14.14 (As of Sep. 2023)


MCCK Mestek Inc MCCK
12 GF Score
Price $70.00
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What is Mestek Days Payable?

Mestek MCCK 12 Days Payable is 14.14 as of Sep. 2023. GuruFocus rates MCCK with a GF Score™ of 12/100.

Mestek's average Accounts Payable for the three months ended in Sep. 2023 was $11.8 Mil. Mestek's Cost of Goods Sold for the three months ended in Sep. 2023 was $76.2 Mil. Hence, Mestek's Days Payable for the three months ended in Sep. 2023 was 14.14.

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

MCCK's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.79
* Ranked among companies with meaningful Days Payable only.

Mestek's Days Payable declined from Mar. 2018 (16.86) to Sep. 2023 (14.14). It may suggest that Mestek accelerated paying its suppliers.

Mestek Days Payable Historical Data

* Premium members only.

The historical data trend for Mestek'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.

Mestek Days Payable Chart

Mestek Annual Data
Trend Dec03 Dec04 Dec05 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.90 19.61 20.23 20.66 17.78

Mestek Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Sep22 Sep23
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 16.86 19.15 17.98 12.55 14.14

MCCK vs CSTE, PPIH, INVE: Days Payable Comparison

For the Building Products & Equipment subindustry, Mestek'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.

Mestek Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Mestek's Days Payable distribution charts can be found below:

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


MCCK
12GF Score
Mestek Inc MCCK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mestek 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.

Mestek's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (10.699 + 10.73) / 2 ) / 219.944*365
=10.7145 / 219.944*365
=17.78

Mestek's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 11.813) / 1 ) / 76.241*365 / 4
=11.813 / 76.241*365 / 4
=14.14

* 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 14.14 mean?
Mestek (MCCK) has a Days Payable of 14.14 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mestek and its competitors.
Is Mestek's Days Payable too high?
Mestek's current Days Payable is 14.14. The Construction industry median Days Payable is 76.79. Mestek's value of 14.14 is 81.6% below this industry median. Overall, Mestek has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mestek's Days Payable compare to CSTE and PPIH?
Mestek's Days Payable of 14.14 can be compared against companies in the Construction industry. The industry median Days Payable is 76.79. Mestek's value of 14.14 is 81.6% below this benchmark. 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 Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 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. Mestek's current Days Payable of 14.14 is 81.6% below 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 Mestek and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mestek's current Days Payable is 14.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mestek stock overvalued right now?
Mestek (MCCK) has a current Days Payable of 14.14. The current Days Payable is 14.14 and 81.6% below the Construction industry median of 76.79. Mestek's overall GF Score™ is 12/100. 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 Mestek (MCCK), the current Days Payable is 14.14 as of Sep. 2023. 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.

Mestek Business Description

Address 260 North Elm Street, Westfield, MA, USA, 01085
Mestek Inc and its subsidiaries manufacture and distribute heating, ventilating, and air conditioning equipment (HVAC), including architectural products and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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