NEON (Neonode) Days Payable: 9,478.59 (As of Mar. 2026) — 3117% Above Median


NEON Neonode Inc NEON
54 GF Score
Price $0.85
GF Value $2.27
Valuation Possible Value Trap
! 2 Warning Signs
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What is Neonode Days Payable?

Neonode NEON -10.41% 54 Days Payable is 9,478.59 as of Mar. 2026, which is 3117% above its 10-year median of 294.60. GuruFocus rates NEON with a GF Score™ of 54/100 and a GF Value™ of $2.27 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,441 Hardware companies, Neonode ranks better than 99.67% on this metric.

Neonode's average Accounts Payable for the three months ended in Mar. 2026 was $0.42 Mil. Neonode's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.00 Mil. Hence, Neonode's Days Payable for the three months ended in Mar. 2026 was 9,478.59.

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

NEON' s Days Payable Range Over the Past 10 Years
Min: 139.82   Med: 294.6   Max: 11162.92
Current: 6907.19

During the past 13 years, Neonode's highest Days Payable was 11162.92. The lowest was 139.82. And the median was 294.60.

NEON's Days Payable is ranked better than
99.67% of 2441 companies
in the Hardware industry
Industry Median: 69.99 vs NEON: 6907.19

Neonode's Days Payable increased from Mar. 2025 (3,188.68) to Mar. 2026 (9,478.59). It may suggest that Neonode delayed paying its suppliers.


Neonode Days Payable Historical Data

* Premium members only.

The historical data trend for Neonode'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.

Neonode Days Payable Chart

Neonode Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 355.45 251.96 11,162.92 989.59 4,864.33

Neonode 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 3,188.68 4,798.23 3,832.50 22,561.56 9,478.59

NEON vs WETH, MTEK, MSAI: Days Payable Comparison

For the Electronic Components subindustry, Neonode'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.


Neonode Days Payable vs Hardware Industry

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

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


NEON
54GF Score
Neonode Inc NEON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Neonode 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.

Neonode'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
=( (0.229 + 0.464) / 2 ) / 0.026*365
=0.3465 / 0.026*365
=4,864.33

Neonode's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.464 + 0.367) / 2 ) / 0.004*365 / 4
=0.4155 / 0.004*365 / 4
=9,478.59

* 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 9,478.59 mean?
Neonode (NEON) has a Days Payable of 9,478.59 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Neonode and its competitors. This is 3117% above median its historical median of 294.60. Over the past decade, Neonode's Days Payable has ranged from 139.82 to 11,162.92. According to the industry distribution chart, Neonode ranks #8 out of 2441 companies in the Hardware industry, placing it in the top 0.3%.
Is Neonode's Days Payable too high?
Neonode's current Days Payable of 9,478.59 is 3117% above median its 10-year median of 294.60. Over the past 10 years, this metric has ranged from a low of 139.82 to a high of 11,162.92. The Hardware industry median Days Payable is 69.99. Neonode's value of 9,478.59 is 13442.8% above this industry median. Based on the distribution chart, Neonode ranks #8 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Neonode has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Neonode's Days Payable compare to WETH and MTEK?
According to the Hardware industry distribution chart, Neonode ranks #8 out of 2441 companies for Days Payable. This places Neonode in the top 0% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.99. Neonode's value of 9,478.59 is 13442.8% above this benchmark. Historically, Neonode's own Days Payable has ranged from 139.82 to 11,162.92 over the past decade. While the company's 10-year median is 294.60 vs. the industry median of 69.99, Neonode 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 69.99, based on 2,441 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. Neonode's current Days Payable of 9,478.59 is 13442.8% 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 Neonode and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neonode's current Days Payable is 9,478.59, which is 3117% above median its own 10-year median of 294.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neonode stock overvalued right now?
Based on GuruFocus' analysis, Neonode (NEON) is currently considered Possible Value Trap. The stock's GF Value™ is $2.27, compared to a current price of $0.85 — trading 62.5% below its estimated fair value. The current Days Payable is 9,478.59, which is 3117% above median its 10-year median of 294.60 and 13442.8% above the Hardware industry median of 69.99. Neonode's overall GF Score™ is 54/100 with 2 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 Neonode (NEON), the current Days Payable is 9,478.59 as of Mar. 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 Neonode (NEON) Overvalued in 2026?

Based on GuruFocus' analysis, Neonode stock appears to be undervalued. The current stock price of $0.85 is trading 62.5% below its estimated GF Value™ of $2.27. GuruFocus considers Neonode to be Possible Value Trap.

Key valuation signals for NEON:

  • Days Payable: 9,478.59 (3117% above median its 10-year median of 294.60)
  • GF Value™: $2.27 vs. price of $0.85 (62.5% below fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 13442.8% above the Hardware median (#8 of 2441)

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


Neonode Business Description

Address Karlavagen 100, Stockholm, SWE, 115 26
Neonode Inc provides software solutions for machine perception that feature machine learning algorithms to detect and track persons and objects in video streams from cameras and other types of imagers. Its machine perception solutions are based on the MultiSensing technology platform. The company also offers optical sensing solutions for contactless touch and gesture sensing. It markets and sells its solutions mainly to customers in the automotive sector, along with other markets such as office equipment, industrial automation, medical, military, and avionics. Geographically, the company operates in Japan, South Korea, Germany, Sweden, China, and other regions, with a majority of its revenue generated from Japan.
54GF Score

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

$0.85
Price
$2.27
GF Value