ML SystemWAR:MLS 64 Days Payable is 136.82 as of Mar. 2026, which is 96% above its 10-year median of 69.91. GuruFocus rates WAR:MLS with a GF Score™ of 64/100 and a GF Value™ of zł24.09 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 997 Semiconductors companies, ML System ranks better than 87.06% on this metric.
ML System's average Accounts Payable for the
three
months ended in Mar. 2026 was zł58.5 Mil. ML System's Cost of Goods Sold for the
three
months ended in Mar. 2026 was zł39.0 Mil.
Hence, ML System's Days Payable for the
three
months ended in Mar. 2026 was 136.82.
The historical rank and industry rank for ML System's Days Payable or its related term are showing as below:
WAR:MLS'
s Days Payable Range Over the Past 10 Years
Min: 42.69 Med: 69.91 Max: 164.43
Current: 164.43
During the past 12 years, ML System's highest Days Payable was 164.43. The lowest was 42.69. And the median was 69.91.
WAR:MLS's Days Payable is ranked better than 87.06% of 997
companies
in the Semiconductors industry
Industry Median: 53.06
vs WAR:MLS: 164.43
ML System's Days Payable
declined
from Mar. 2025 (179.53) to Mar. 2026 (136.82).
It may suggest that ML Systemaccelerated paying its suppliers.
ML System Days Payable Related Terms
ML System Days Payable Historical Data
* Premium members only.
The historical data trend for ML System'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.
WAR:MLS vs FSLR, NXT, ENPH: Days Payable Comparison
For the Solar subindustry, ML System'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.
ML System Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ML System's Days Payable distribution charts can be found below:
* The bar in red indicates where ML System's Days Payable falls into.
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.
ML System's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
ML System (WAR:MLS) has a Days Payable of 136.82 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 ML System and its competitors. This is 96% above median its historical median of 69.91. Over the past decade, ML System's Days Payable has ranged from 42.69 to 164.43. According to the industry distribution chart, ML System ranks #129 out of 997 companies in the Semiconductors industry, placing it in the top 12.9%.
Is ML System's Days Payable too high?
ML System's current Days Payable of 136.82 is 96% above median its 10-year median of 69.91. Over the past 10 years, this metric has ranged from a low of 42.69 to a high of 164.43. The Semiconductors industry median Days Payable is 53.06. ML System's value of 136.82 is 157.9% above this industry median. Based on the distribution chart, ML System ranks #129 out of 997 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, ML System has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ML System's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, ML System ranks #129 out of 997 companies for Days Payable. This places ML System in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. ML System's value of 136.82 is 157.9% above this benchmark. Historically, ML System's own Days Payable has ranged from 42.69 to 164.43 over the past decade. While the company's 10-year median is 69.91 vs. the industry median of 53.06, ML System 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. ML System's current Days Payable of 136.82 is 157.9% 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 ML System and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ML System's current Days Payable is 136.82, which is 96% above median its own 10-year median of 69.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ML System stock overvalued right now?
Based on GuruFocus' analysis, ML System (WAR:MLS) is currently considered Possible Value Trap. The stock's GF Value™ is zł24.09, compared to a current price of zł14.70 — trading 39% below its estimated fair value. The current Days Payable is 136.82, which is 96% above median its 10-year median of 69.91 and 157.9% above the Semiconductors industry median of 53.06. ML System's overall GF Score™ is 64/100 with 6 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 ML System (WAR:MLS), the current Days Payable is 136.82 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 ML System (WAR:MLS) Overvalued in 2026?
Based on GuruFocus' analysis, ML System stock appears to be undervalued.
The current stock price of zł14.70 is trading 39% below its estimated GF Value™ of zł24.09.
GuruFocus considers ML System to be Possible Value Trap.
Key valuation signals for WAR:MLS:
Days Payable: 136.82 (96% above median its 10-year median of 69.91)
GF Value™: zł24.09 vs. price of zł14.70 (39% below fair value)
Industry Position: 157.9% above the Semiconductors median (#129 of 997)
No single metric tells the full story. See the WAR:MLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ML System SA is engaged in the design, engineering and production of building-integrated photovoltaic (BIPV) cell systems which generate electrical power from sunlight. It offers Energy Photovoltaics including BIPV modules, BIPV cells, Photovoltaic IGUS, Photovoltaic architecture systems, standard photovoltaic modules and fastening systems. Its other offerings includes Building Management System which includes enegry management systems and security systems.
64GF Score
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