Merus Power Oyj (OHEL:MERUS) Days Payable: 46.23 (As of Dec. 2025) — 25% Below Median

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OHEL:MERUS Merus Power Oyj OHEL:MERUS
80 GF Score
Price €5.10
GF Value €9.50
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Merus Power Oyj Days Payable?

Merus Power Oyj OHEL:MERUS +2.00% 80 Days Payable is 46.23 as of Dec. 2025, which is 25% below its 10-year median of 61.42. GuruFocus rates OHEL:MERUS with a GF Score™ of 80/100 and a GF Value™ of €9.50 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 3,000 Industrial Products companies, Merus Power Oyj ranks worse than 58.83% on this metric.

Merus Power Oyj's average Accounts Payable for the six months ended in Dec. 2025 was €5.13 Mil. Merus Power Oyj's Cost of Goods Sold for the six months ended in Dec. 2025 was €20.24 Mil. Hence, Merus Power Oyj's Days Payable for the six months ended in Dec. 2025 was 46.23.

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

OHEL:MERUS' s Days Payable Range Over the Past 10 Years
Min: 40.86   Med: 61.42   Max: 157.34
Current: 63.23

During the past 8 years, Merus Power Oyj's highest Days Payable was 157.34. The lowest was 40.86. And the median was 61.42.

OHEL:MERUS's Days Payable is ranked worse than
58.83% of 3000 companies
in the Industrial Products industry
Industry Median: 77.475 vs OHEL:MERUS: 63.23

Merus Power Oyj's Days Payable declined from Dec. 2024 (49.90) to Dec. 2025 (46.23). It may suggest that Merus Power Oyj accelerated paying its suppliers.


Merus Power Oyj Days Payable Historical Data

* Premium members only.

The historical data trend for Merus Power Oyj'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.

Merus Power Oyj Days Payable Chart

Merus Power Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 40.86 157.34 76.32 86.73 72.73

Merus Power Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 52.76 96.30 49.90 73.08 46.23

OHEL:MERUS vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Merus Power Oyj'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.


Merus Power Oyj Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Merus Power Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Merus Power Oyj's Days Payable falls into.


OHEL:MERUS
80GF Score
Merus Power Oyj OHEL:MERUS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Merus Power Oyj 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.

Merus Power Oyj'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
=( (9.092 + 5.741) / 2 ) / 37.219*365
=7.4165 / 37.219*365
=72.73

Merus Power Oyj'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (4.511 + 5.741) / 2 ) / 20.235*365 / 2
=5.126 / 20.235*365 / 2
=46.23

* 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 46.23 mean?
Merus Power Oyj (OHEL:MERUS) has a Days Payable of 46.23 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 Merus Power Oyj and its competitors. This is 25% below median its historical median of 61.42. Over the past decade, Merus Power Oyj's Days Payable has ranged from 40.86 to 157.34. According to the industry distribution chart, Merus Power Oyj ranks #1765 out of 3000 companies in the Industrial Products industry, placing it in the top 58.8%.
Is Merus Power Oyj's Days Payable too high?
Merus Power Oyj's current Days Payable of 46.23 is 25% below median its 10-year median of 61.42. Over the past 10 years, this metric has ranged from a low of 40.86 to a high of 157.34. The Industrial Products industry median Days Payable is 77.48. Merus Power Oyj's value of 46.23 is 40.3% below this industry median. Based on the distribution chart, Merus Power Oyj ranks #1765 out of 3000 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Merus Power Oyj has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merus Power Oyj's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Merus Power Oyj ranks #1765 out of 3000 companies for Days Payable. This places Merus Power Oyj in the lower half of its industry. The industry median Days Payable is 77.48. Merus Power Oyj's value of 46.23 is 40.3% below this benchmark. Historically, Merus Power Oyj's own Days Payable has ranged from 40.86 to 157.34 over the past decade. While the company's 10-year median is 61.42 vs. the industry median of 77.48, Merus Power Oyj 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.48, based on 3,000 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. Merus Power Oyj's current Days Payable of 46.23 is 40.3% 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 Merus Power Oyj and its competitors. For the Industrial Products industry, the median Days Payable is 77.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merus Power Oyj's current Days Payable is 46.23, which is 25% below median its own 10-year median of 61.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merus Power Oyj stock overvalued right now?
Based on GuruFocus' analysis, Merus Power Oyj (OHEL:MERUS) is currently considered Significantly Undervalued. The stock's GF Value™ is €9.50, compared to a current price of €5.10 — trading 46.3% below its estimated fair value. The current Days Payable is 46.23, which is 25% below median its 10-year median of 61.42 and 40.3% below the Industrial Products industry median of 77.48. Merus Power Oyj's overall GF Score™ is 80/100 with 5 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 Merus Power Oyj (OHEL:MERUS), the current Days Payable is 46.23 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 Merus Power Oyj (OHEL:MERUS) Overvalued in 2026?

Based on GuruFocus' analysis, Merus Power Oyj stock appears to be undervalued. The current stock price of €5.10 is trading 46.3% below its estimated GF Value™ of €9.50. GuruFocus considers Merus Power Oyj to be Significantly Undervalued.

Key valuation signals for OHEL:MERUS:

  • Days Payable: 46.23 (25% below median its 10-year median of 61.42)
  • GF Value™: €9.50 vs. price of €5.10 (46.3% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 40.3% below the Industrial Products median (#1765 of 3000)

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


Merus Power Oyj Business Description

Other Exchanges 99H:Germany
Address Pallotie 2, Ylojarvi, FIN, 33470
Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic electricity storage, power quality solutions and services. Its business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise. The Company's business operations have been divided into two technological areas: Energy storage solutions and Energy quality solutions.
80GF Score

Get the complete analysis for OHEL:MERUS

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

€5.10
Price
€9.50
GF Value