Gelex Group JSC (STC:GEX) Days Payable: 34.20 (As of Mar. 2026) — 21% Below Median


STC:GEX Gelex Group JSC STC:GEX
73 GF Score
Price ₫30,150.00
GF Value ₫20,881.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Gelex Group JSC Days Payable?

Gelex Group JSC STC:GEX +0.67% 73 Days Payable is 34.20 as of Mar. 2026, which is 21% below its 10-year median of 43.56. GuruFocus rates STC:GEX with a GF Score™ of 73/100 and a GF Value™ of ₫20,881.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,993 Industrial Products companies, Gelex Group JSC ranks worse than 84.43% on this metric.

Gelex Group JSC's average Accounts Payable for the three months ended in Mar. 2026 was ₫3,267,839 Mil. Gelex Group JSC's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫8,719,889 Mil. Hence, Gelex Group JSC's Days Payable for the three months ended in Mar. 2026 was 34.20.

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

STC:GEX' s Days Payable Range Over the Past 10 Years
Min: 26.81   Med: 43.56   Max: 50.18
Current: 33.55

During the past 10 years, Gelex Group JSC's highest Days Payable was 50.18. The lowest was 26.81. And the median was 43.56.

STC:GEX's Days Payable is ranked worse than
84.43% of 2993 companies
in the Industrial Products industry
Industry Median: 78.08 vs STC:GEX: 33.55

Gelex Group JSC's Days Payable declined from Mar. 2025 (39.55) to Mar. 2026 (34.20). It may suggest that Gelex Group JSC accelerated paying its suppliers.


Gelex Group JSC Days Payable Historical Data

* Premium members only.

The historical data trend for Gelex Group JSC'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.

Gelex Group JSC Days Payable Chart

Gelex Group JSC 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 50.18 49.89 41.08 36.17 36.95

Gelex Group JSC 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 39.55 32.86 37.25 32.48 34.20

STC:GEX vs VRT, BE, NVT: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Gelex Group JSC'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.


Gelex Group JSC Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gelex Group JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Gelex Group JSC's Days Payable falls into.


STC:GEX
73GF Score
Gelex Group JSC STC:GEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gelex Group JSC 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.

Gelex Group JSC'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
=( (3151508.613 + 3144843.771) / 2 ) / 31095988.159*365
=3148176.192 / 31095988.159*365
=36.95

Gelex Group JSC'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
=( (3144843.771 + 3390833.522) / 2 ) / 8719888.725*365 / 4
=3267838.6465 / 8719888.725*365 / 4
=34.20

* 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 34.20 mean?
Gelex Group JSC (STC:GEX) has a Days Payable of 34.20 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 Gelex Group JSC and its competitors. This is 21% below median its historical median of 43.56. Over the past decade, Gelex Group JSC's Days Payable has ranged from 26.81 to 50.18. According to the industry distribution chart, Gelex Group JSC ranks #2527 out of 2993 companies in the Industrial Products industry, placing it in the top 84.4%.
Is Gelex Group JSC's Days Payable too high?
Gelex Group JSC's current Days Payable of 34.20 is 21% below median its 10-year median of 43.56. Over the past 10 years, this metric has ranged from a low of 26.81 to a high of 50.18. The Industrial Products industry median Days Payable is 78.08. Gelex Group JSC's value of 34.20 is 56.2% below this industry median. Based on the distribution chart, Gelex Group JSC ranks #2527 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Gelex Group JSC has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gelex Group JSC's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Gelex Group JSC ranks #2527 out of 2993 companies for Days Payable. This places Gelex Group JSC in the lower half of its industry. The industry median Days Payable is 78.08. Gelex Group JSC's value of 34.20 is 56.2% below this benchmark. Historically, Gelex Group JSC's own Days Payable has ranged from 26.81 to 50.18 over the past decade. While the company's 10-year median is 43.56 vs. the industry median of 78.08, Gelex Group JSC 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 78.08, based on 2,993 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. Gelex Group JSC's current Days Payable of 34.20 is 56.2% 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 Gelex Group JSC and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gelex Group JSC's current Days Payable is 34.20, which is 21% below median its own 10-year median of 43.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gelex Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Gelex Group JSC (STC:GEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫20,881.16, compared to a current price of ₫30,150.00 — trading 44.4% above its estimated fair value. The current Days Payable is 34.20, which is 21% below median its 10-year median of 43.56 and 56.2% below the Industrial Products industry median of 78.08. Gelex Group JSC's overall GF Score™ is 73/100 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 Gelex Group JSC (STC:GEX), the current Days Payable is 34.20 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 Gelex Group JSC (STC:GEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gelex Group JSC stock appears to be overvalued. The current stock price of ₫30,150.00 is trading 44.4% above its estimated GF Value™ of ₫20,881.16. GuruFocus considers Gelex Group JSC to be Significantly Overvalued.

Key valuation signals for STC:GEX:

  • Days Payable: 34.20 (21% below median its 10-year median of 43.56)
  • GF Value™: ₫20,881.16 vs. price of ₫30,150.00 (44.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 56.2% below the Industrial Products median (#2527 of 2993)

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


Gelex Group JSC Business Description

Address No. 52, Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
Gelex Group JSC operates in the industrial production and infrastructure industry. The Industrial production of the company is engaged in manufacturing and supplying of electrical equipment like electric cables, transformers, electric motors and, other electrical equipment; and the Infrastructure consists of production and trade in construction materials, real estate and construction business; production, transmission and distribution of electricity including hydropower, solar power and wind power; exploitation, treatment and supply of clean water; hotel, tourism and office leasing services, houses, and other factories.
73GF Score

Get the complete analysis for STC:GEX

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

₫30,150.00
Price
₫20,881.16
GF Value