Methode ElectronicsMEI +6.44%56 Days Payable is 54.81 as of Apr. 2026, which is 19% above its 10-year median of 46.03. GuruFocus rates MEI with a GF Score™ of 56/100 and a GF Value™ of $9.65 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,438 Hardware companies, Methode Electronics ranks worse than 61.03% on this metric.
The historical rank and industry rank for Methode Electronics's Days Payable or its related term are showing as below:
MEI'
s Days Payable Range Over the Past 10 Years
Min: 40.81 Med: 46.03 Max: 58.08
Current: 57.63
During the past 13 years, Methode Electronics's highest Days Payable was 58.08. The lowest was 40.81. And the median was 46.03.
MEI's Days Payable is ranked worse than 61.03% of 2438
companies
in the Hardware industry
Industry Median: 69.935
vs MEI: 57.63
Methode Electronics's Days Payable
increased
from Apr. 2025 (44.88) to Apr. 2026 (54.81).
It may suggest that Methode Electronicsdelayed paying its suppliers.
Methode Electronics Days Payable Related Terms
Methode Electronics Days Payable Historical Data
* Premium members only.
The historical data trend for Methode Electronics'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.
For the Electronic Components subindustry, Methode Electronics'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.
Methode Electronics Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Methode Electronics's Days Payable distribution charts can be found below:
* The bar in red indicates where Methode Electronics's Days Payable falls into.
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.
Methode Electronics's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as
* 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.
Methode Electronics (MEI) has a Days Payable of 54.81 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Methode Electronics and its competitors. This is 19% above median its historical median of 46.03. Over the past decade, Methode Electronics' Days Payable has ranged from 40.81 to 58.08. According to the industry distribution chart, Methode Electronics ranks #1488 out of 2438 companies in the Hardware industry, placing it in the top 61%.
Is Methode Electronics' Days Payable too high?
Methode Electronics' current Days Payable of 54.81 is 19% above median its 10-year median of 46.03. Over the past 10 years, this metric has ranged from a low of 40.81 to a high of 58.08. The Hardware industry median Days Payable is 69.94. Methode Electronics' value of 54.81 is 21.6% below this industry median. Based on the distribution chart, Methode Electronics ranks #1488 out of 2438 companies in the Hardware industry, which is below the industry midpoint. Overall, Methode Electronics has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Methode Electronics' Days Payable compare to OPTX and MPTI?
According to the Hardware industry distribution chart, Methode Electronics ranks #1488 out of 2438 companies for Days Payable. This places Methode Electronics in the lower half of its industry. The industry median Days Payable is 69.94. Methode Electronics' value of 54.81 is 21.6% below this benchmark. Historically, Methode Electronics' own Days Payable has ranged from 40.81 to 58.08 over the past decade. While the company's 10-year median is 46.03 vs. the industry median of 69.94, Methode Electronics 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,438 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. Methode Electronics's current Days Payable of 54.81 is 21.6% 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 Methode Electronics 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. Methode Electronics's current Days Payable is 54.81, which is 19% above median its own 10-year median of 46.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methode Electronics stock overvalued right now?
Based on GuruFocus' analysis, Methode Electronics (MEI) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.65, compared to a current price of $19.16 — trading 98.5% above its estimated fair value. The current Days Payable is 54.81, which is 19% above median its 10-year median of 46.03 and 21.6% below the Hardware industry median of 69.94. Methode Electronics' overall GF Score™ is 56/100 with 8 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 Methode Electronics (MEI), the current Days Payable is 54.81 as of Apr. 2026. 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 Methode Electronics (MEI) Overvalued in 2026?
Based on GuruFocus' analysis, Methode Electronics stock appears to be overvalued.
The current stock price of $19.16 is trading 98.5% above its estimated GF Value™ of $9.65.
GuruFocus considers Methode Electronics to be Significantly Overvalued.
Key valuation signals for MEI:
Days Payable: 54.81 (19% above median its 10-year median of 46.03)
GF Value™: $9.65 vs. price of $19.16 (98.5% above fair value)
Industry Position: 21.6% below the Hardware median (#1488 of 2438)
No single metric tells the full story. See the MEI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Methode Electronics Inc supplier of custom-engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East, and Asia. It designs, engineers, and produces mechatronic products for Original Equipment Manufacturers (OEMs) utilizing a broad range of technologies for user interface, light-emitting diode (LED) lighting systems, power distribution, and sensor applications. The firm is organized into various business segments: Automotive, Industrial, Interface, and Medical. The Automotive segment, which generates maximum revenue, supplies electronic and electro-mechanical devices and related products to automobiles, including overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors.
56GF Score
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