Meiloon Industrial Co (TPE:2477) Days Payable: 79.58 (As of Jun. 2026) — Near Median

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TPE:2477 Meiloon Industrial Co Ltd TPE:2477
75 GF Score
Price NT$21.80
GF Value NT$21.89
Valuation Fairly Valued
! 8 Warning Signs
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What is Meiloon Industrial Co Days Payable?

Meiloon Industrial Co TPE:2477 +0.23% 75 Days Payable is 79.58 as of Jun. 2026, which is 4% below its 10-year median of 82.81. GuruFocus rates TPE:2477 with a GF Score™ of 75/100 and a GF Value™ of NT$21.89 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,440 Hardware companies, Meiloon Industrial Co ranks better than 59.34% on this metric.

Meiloon Industrial Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$405 Mil. Meiloon Industrial Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$464 Mil. Hence, Meiloon Industrial Co's Days Payable for the three months ended in Jun. 2026 was 79.58.

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

TPE:2477' s Days Payable Range Over the Past 10 Years
Min: 66.26   Med: 82.81   Max: 102.93
Current: 83.87

During the past 13 years, Meiloon Industrial Co's highest Days Payable was 102.93. The lowest was 66.26. And the median was 82.81.

TPE:2477's Days Payable is ranked better than
59.34% of 2440 companies
in the Hardware industry
Industry Median: 69.95 vs TPE:2477: 83.87

Meiloon Industrial Co's Days Payable increased from Jun. 2025 (76.64) to Jun. 2026 (79.58). It may suggest that Meiloon Industrial Co delayed paying its suppliers.


Meiloon Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Meiloon Industrial Co'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.

Meiloon Industrial Co Days Payable Chart

Meiloon Industrial Co 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 92.53 76.01 65.22 75.49 81.41

Meiloon Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 76.64 78.36 78.45 90.80 79.58

TPE:2477 vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, Meiloon Industrial Co'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.


Meiloon Industrial Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Meiloon Industrial Co's Days Payable falls into.


TPE:2477
75GF Score
Meiloon Industrial Co Ltd TPE:2477
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Meiloon Industrial Co 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.

Meiloon Industrial Co'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
=( (466.472 + 383.23) / 2 ) / 1904.848*365
=424.851 / 1904.848*365
=81.41

Meiloon Industrial Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (373.705 + 436.148) / 2 ) / 464.335*365 / 4
=404.9265 / 464.335*365 / 4
=79.58

* 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 79.58 mean?
Meiloon Industrial Co (TPE:2477) has a Days Payable of 79.58 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Meiloon Industrial Co and its competitors. This is near median its historical median of 82.81. Over the past decade, Meiloon Industrial Co's Days Payable has ranged from 66.26 to 102.93. According to the industry distribution chart, Meiloon Industrial Co ranks #992 out of 2440 companies in the Hardware industry, placing it in the top 40.7%.
Is Meiloon Industrial Co's Days Payable too high?
Meiloon Industrial Co's current Days Payable of 79.58 is near median its 10-year median of 82.81. Over the past 10 years, this metric has ranged from a low of 66.26 to a high of 102.93. The Hardware industry median Days Payable is 69.95. Meiloon Industrial Co's value of 79.58 is 13.8% above this industry median. Based on the distribution chart, Meiloon Industrial Co ranks #992 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Meiloon Industrial Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiloon Industrial Co's Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Meiloon Industrial Co ranks #992 out of 2440 companies for Days Payable. This puts Meiloon Industrial Co in the upper half of its industry. The industry median Days Payable is 69.95. Meiloon Industrial Co's value of 79.58 is 13.8% above this benchmark. Historically, Meiloon Industrial Co's own Days Payable has ranged from 66.26 to 102.93 over the past decade. While the company's 10-year median is 82.81 vs. the industry median of 69.95, Meiloon Industrial Co 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 69.95, based on 2,440 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. Meiloon Industrial Co's current Days Payable of 79.58 is 13.8% 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 Meiloon Industrial Co and its competitors. For the Hardware industry, the median Days Payable is 69.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiloon Industrial Co's current Days Payable is 79.58, which is near median its own 10-year median of 82.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiloon Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Meiloon Industrial Co (TPE:2477) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.89, compared to a current price of NT$21.80 — trading 0.4% below its estimated fair value. The current Days Payable is 79.58, which is near median its 10-year median of 82.81 and 13.8% above the Hardware industry median of 69.95. Meiloon Industrial Co's overall GF Score™ is 75/100 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 Meiloon Industrial Co (TPE:2477), the current Days Payable is 79.58 as of Jun. 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 Meiloon Industrial Co (TPE:2477) Overvalued in 2026?

Based on GuruFocus' analysis, Meiloon Industrial Co stock appears to be undervalued. The current stock price of NT$21.80 is trading 0.4% below its estimated GF Value™ of NT$21.89. GuruFocus considers Meiloon Industrial Co to be Fairly Valued.

Key valuation signals for TPE:2477:

  • Days Payable: 79.58 (near median its 10-year median of 82.81)
  • GF Value™: NT$21.89 vs. price of NT$21.80 (0.4% below fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 13.8% above the Hardware median (#992 of 2440)

No single metric tells the full story. See the TPE:2477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiloon Industrial Co Business Description

Address No 99, XingFu Road, Taoyuan District, Taoyuan, TWN, 330022
Meiloon Industrial Co Ltd designs and manufactures all types of visual and audio products. Its product line includes hi-fi home theater systems; car speakers and amplifiers; professional audio speakers; projectors and many others. Its segments include the Loudspeaker segment and Other segments. Its geographic segments include Europe, Americas, Asia, Taiwan, and Other regions. It generates the majority of its revenue from Europe.
75GF Score

Get the complete analysis for TPE:2477

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

NT$21.80
Price
NT$21.89
GF Value