MECGF (MEC Co) Days Payable: 49.79 (As of Dec. 2025) — 37% Below Median

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MECGF MEC Co Ltd MECGF
77 GF Score
Price $47.16
GF Value $25.24
Valuation Significantly Overvalued
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What is MEC Co Days Payable?

MEC Co MECGF 77 Days Payable is 49.79 as of Dec. 2025, which is 37% below its 10-year median of 78.89. GuruFocus rates MECGF with a GF Score™ of 77/100 and a GF Value™ of $25.24 (Significantly Overvalued). Among 1,556 Chemicals companies, MEC Co ranks worse than 56.17% on this metric.

MEC Co's average Accounts Payable for the three months ended in Dec. 2025 was $8.2 Mil. MEC Co's Cost of Goods Sold for the three months ended in Dec. 2025 was $15.0 Mil. Hence, MEC Co's Days Payable for the three months ended in Dec. 2025 was 49.79.

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

MECGF' s Days Payable Range Over the Past 10 Years
Min: 51.29   Med: 78.89   Max: 109.64
Current: 53.59

During the past 13 years, MEC Co's highest Days Payable was 109.64. The lowest was 51.29. And the median was 78.89.

MECGF's Days Payable is ranked worse than
56.17% of 1556 companies
in the Chemicals industry
Industry Median: 60.12 vs MECGF: 53.59

MEC Co's Days Payable declined from Dec. 2024 (55.71) to Dec. 2025 (49.79). It may suggest that MEC Co accelerated paying its suppliers.


MEC Co Days Payable Historical Data

* Premium members only.

The historical data trend for MEC Co'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.

MEC Co Days Payable Chart

MEC Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.47 64.77 64.88 52.91 53.50

MEC Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 49.12 43.92 52.48 49.79 66.37

MECGF vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, MEC Co'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.


MEC Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, MEC Co's Days Payable distribution charts can be found below:

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


MECGF
77GF Score
MEC Co Ltd MECGF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MEC Co 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.

MEC Co'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
=( (7.022 + 7.965) / 2 ) / 51.121*365
=7.4935 / 51.121*365
=53.50

MEC Co'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (8.358 + 7.965) / 2 ) / 14.958*365 / 4
=8.1615 / 14.958*365 / 4
=49.79

* 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 49.79 mean?
MEC Co (MECGF) has a Days Payable of 49.79 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 MEC Co and its competitors. This is 37% below median its historical median of 78.89. Over the past decade, MEC Co's Days Payable has ranged from 51.29 to 109.64. According to the industry distribution chart, MEC Co ranks #874 out of 1556 companies in the Chemicals industry, placing it in the top 56.2%.
Is MEC Co's Days Payable too high?
MEC Co's current Days Payable of 49.79 is 37% below median its 10-year median of 78.89. Over the past 10 years, this metric has ranged from a low of 51.29 to a high of 109.64. The Chemicals industry median Days Payable is 60.12. MEC Co's value of 49.79 is 17.2% below this industry median. Based on the distribution chart, MEC Co ranks #874 out of 1556 companies in the Chemicals industry, which is below the industry midpoint. Overall, MEC Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEC Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, MEC Co ranks #874 out of 1556 companies for Days Payable. This places MEC Co in the lower half of its industry. The industry median Days Payable is 60.12. MEC Co's value of 49.79 is 17.2% below this benchmark. Historically, MEC Co's own Days Payable has ranged from 51.29 to 109.64 over the past decade. While the company's 10-year median is 78.89 vs. the industry median of 60.12, MEC Co has consistently been below 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 Chemicals company?
The median Days Payable among Chemicals companies is 60.12, based on 1,556 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. MEC Co's current Days Payable of 49.79 is 17.2% 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 MEC Co and its competitors. For the Chemicals industry, the median Days Payable is 60.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEC Co's current Days Payable is 49.79, which is 37% below median its own 10-year median of 78.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEC Co stock overvalued right now?
Based on GuruFocus' analysis, MEC Co (MECGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.24, compared to a current price of $47.16 — trading 86.8% above its estimated fair value. The current Days Payable is 49.79, which is 37% below median its 10-year median of 78.89 and 17.2% below the Chemicals industry median of 60.12. MEC Co's overall GF Score™ is 77/100. 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 MEC Co (MECGF), the current Days Payable is 49.79 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 MEC Co (MECGF) Overvalued in 2026?

Based on GuruFocus' analysis, MEC Co stock appears to be overvalued. The current stock price of $47.16 is trading 86.8% above its estimated GF Value™ of $25.24. GuruFocus considers MEC Co to be Significantly Overvalued.

Key valuation signals for MECGF:

  • Days Payable: 49.79 (37% below median its 10-year median of 78.89)
  • GF Value™: $25.24 vs. price of $47.16 (86.8% above fair value)
  • GF Score™: 77/100
  • Industry Position: 17.2% below the Chemicals median (#874 of 1556)

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


MEC Co Business Description

Other Exchanges 4971:Japan
Address 3-4-1, Kuise Minamishimmachi, Hyogo Prefecture, Amagasaki, JPN, 660-0822
MEC Co Ltd is a Japan-based chemical manufacturer. The company manufacture and sale of chemicals for electronic circuit boards and electronic components, as well as the sale of machinery and materials for electronic circuit boards. Its products are used in automobile, smartphone, and computer. Its products used in Chemicals for electronic substrates and AMALPHA : Resin-to-metal bonding technology from MEC.
77GF Score

Get the complete analysis for MECGF

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

$47.16
Price
$25.24
GF Value