MEIL (Methes Energies International) Days Payable: 0.00 (As of Aug. 2023)

What is Methes Energies International Days Payable?

Methes Energies International MEIL Days Payable is 0.00 as of Aug. 2023.

Methes Energies International's average Accounts Payable for the three months ended in Aug. 2023 was $0.06 Mil. Methes Energies International's Cost of Goods Sold for the three months ended in Aug. 2023 was $0.00 Mil.

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

MEIL's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 72.37
* Ranked among companies with meaningful Days Payable only.

Methes Energies International's Days Payable declined from May. 2015 (1,744.92) to Aug. 2023 (0.00). It may suggest that Methes Energies International accelerated paying its suppliers.

Methes Energies International Days Payable Related Terms

Methes Energies International Days Payable Historical Data

* Premium members only.

The historical data trend for Methes Energies International'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.

Methes Energies International Days Payable Chart

Methes Energies International Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Days Payable

110.85

66.48

97.77

85.32

113.08

Methes Energies International Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Aug22	May23	Aug23
Days Payable	Get a 7-Day Free Trial															1,744.92	146.26	0.00	0.00	0.00

MEIL vs PARG, WWSG, BBOE: Days Payable Comparison

For the Shell Companies subindustry, Methes Energies International'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.

Methes Energies International Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Methes Energies International's Days Payable distribution charts can be found below:

* The bar in red indicates where Methes Energies International's Days Payable falls into.

Save Embed

Methes Energies International 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.

Methes Energies International's Days Payable for the fiscal year that ended in Nov. 2014 is calculated as

	Days Payable (A: Nov. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2013 )	+	Accounts Payable (A: Nov. 2014 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2014 )	*	Days in Period
=	( (2.767	+	0.634)	/	2 )	/	5.489	*	365
=	1.7005					/	5.489	*	365
=	113.08

Methes Energies International's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (0.077	+	0.045)	/	2 )	/	0	*	365 / 4
=	0.061					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Methes Energies International (MEIL) has a Days Payable of 0.00 as of Aug. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Methes Energies International and its competitors.

Is Methes Energies International's Days Payable too high?

Methes Energies International's current Days Payable is 0.00.

How does Methes Energies International's Days Payable compare to PARG and WWSG?

Methes Energies International's Days Payable of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 72.37. 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 Diversified Financial Services company?

The median Days Payable among Diversified Financial Services companies is 72.37, based on 81 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 Methes Energies International and its competitors. For the Diversified Financial Services industry, the median Days Payable is 72.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Methes Energies International'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 Methes Energies International stock overvalued right now?

Methes Energies International (MEIL) 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 Methes Energies International (MEIL), the current Days Payable is 0.00 as of Aug. 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.

Methes Energies International Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies PARG WWSG BBOE BISA SVAD STRG MMNT MYCB NICH KSSH PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747

Website https://www.methes.com

Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.