Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Days Payable: 64.76 (As of Mar. 2026) — 10% Above Median


XBEL:MTLC Metalac a.d. , Gornji Milanovac XBEL:MTLC
94 GF Score
Price RSD2,050.00
GF Value RSD2,178.48
Valuation Fairly Valued
! 8 Warning Signs
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What is Metalac a.d. , Gornji Milanovac Days Payable?

Metalac a.d. , Gornji Milanovac XBEL:MTLC 94 Days Payable is 64.76 as of Mar. 2026, which is 10% above its 10-year median of 58.61. GuruFocus rates XBEL:MTLC with a GF Score™ of 94/100 and a GF Value™ of RSD2,178.48 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,437 Hardware companies, Metalac a.d. , Gornji Milanovac ranks better than 61.59% on this metric.

Metalac a.d. , Gornji Milanovac's average Accounts Payable for the three months ended in Mar. 2026 was RSD73.4 Mil. Metalac a.d. , Gornji Milanovac's Cost of Goods Sold for the three months ended in Mar. 2026 was RSD103.4 Mil. Hence, Metalac a.d. , Gornji Milanovac's Days Payable for the three months ended in Mar. 2026 was 64.76.

The historical rank and industry rank for Metalac a.d. , Gornji Milanovac's Days Payable or its related term are showing as below:

XBEL:MTLC' s Days Payable Range Over the Past 10 Years
Min: 34.03   Med: 58.61   Max: 403.24
Current: 87.24

During the past 13 years, Metalac a.d. , Gornji Milanovac's highest Days Payable was 403.24. The lowest was 34.03. And the median was 58.61.

XBEL:MTLC's Days Payable is ranked better than
61.59% of 2437 companies
in the Hardware industry
Industry Median: 69.89 vs XBEL:MTLC: 87.24

Metalac a.d. , Gornji Milanovac's Days Payable increased from Dec. 2024 (16.62) to Mar. 2026 (64.76). It may suggest that Metalac a.d. , Gornji Milanovac delayed paying its suppliers.


Metalac a.d. , Gornji Milanovac Days Payable Related Terms


Metalac a.d. , Gornji Milanovac Days Payable Historical Data

* Premium members only.

The historical data trend for Metalac a.d. , Gornji Milanovac'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.

Metalac a.d. , Gornji Milanovac Days Payable Chart

Metalac a.d. , Gornji Milanovac Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.70 51.72 53.41 63.24 64.55

Metalac a.d. , Gornji Milanovac Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 16.62 877.86 53.09 66.17 64.76

XBEL:MTLC vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, Metalac a.d. , Gornji Milanovac'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.


Metalac a.d. , Gornji Milanovac Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Metalac a.d. , Gornji Milanovac's Days Payable distribution charts can be found below:

* The bar in red indicates where Metalac a.d. , Gornji Milanovac's Days Payable falls into.


XBEL:MTLC
94GF Score
Metalac a.d. , Gornji Milanovac XBEL:MTLC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalac a.d. , Gornji Milanovac 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.

Metalac a.d. , Gornji Milanovac's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2041.742 + 2067.232) / 2 ) / 11616.633*365
=2054.487 / 11616.633*365
=64.55

Metalac a.d. , Gornji Milanovac'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (59.037 + 87.793) / 2 ) / 103.449*365 / 4
=73.415 / 103.449*365 / 4
=64.76

* 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 64.76 mean?
Metalac a.d. , Gornji Milanovac (XBEL:MTLC) has a Days Payable of 64.76 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 Metalac a.d. , Gornji Milanovac and its competitors. This is 10% above median its historical median of 58.61. Over the past decade, Metalac a.d. , Gornji Milanovac's Days Payable has ranged from 34.03 to 403.24. According to the industry distribution chart, Metalac a.d. , Gornji Milanovac ranks #936 out of 2437 companies in the Hardware industry, placing it in the top 38.4%.
Is Metalac a.d. , Gornji Milanovac's Days Payable too high?
Metalac a.d. , Gornji Milanovac's current Days Payable of 64.76 is 10% above median its 10-year median of 58.61. Over the past 10 years, this metric has ranged from a low of 34.03 to a high of 403.24. The Hardware industry median Days Payable is 69.89. Metalac a.d. , Gornji Milanovac's value of 64.76 is 7.3% below this industry median. Based on the distribution chart, Metalac a.d. , Gornji Milanovac ranks #936 out of 2437 companies in the Hardware industry, which is above the industry midpoint. Overall, Metalac a.d. , Gornji Milanovac has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metalac a.d. , Gornji Milanovac's Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Metalac a.d. , Gornji Milanovac ranks #936 out of 2437 companies for Days Payable. This puts Metalac a.d. , Gornji Milanovac in the upper half of its industry. The industry median Days Payable is 69.89. Metalac a.d. , Gornji Milanovac's value of 64.76 is 7.3% below this benchmark. Historically, Metalac a.d. , Gornji Milanovac's own Days Payable has ranged from 34.03 to 403.24 over the past decade. While the company's 10-year median is 58.61 vs. the industry median of 69.89, Metalac a.d. , Gornji Milanovac 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 a Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,437 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. Metalac a.d. , Gornji Milanovac's current Days Payable of 64.76 is 7.3% 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 Metalac a.d. , Gornji Milanovac and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalac a.d. , Gornji Milanovac's current Days Payable is 64.76, which is 10% above median its own 10-year median of 58.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalac a.d. , Gornji Milanovac stock overvalued right now?
Based on GuruFocus' analysis, Metalac a.d. , Gornji Milanovac (XBEL:MTLC) is currently considered Fairly Valued. The stock's GF Value™ is RSD2,178.48, compared to a current price of RSD2,050.00 — trading 5.9% below its estimated fair value. The current Days Payable is 64.76, which is 10% above median its 10-year median of 58.61 and 7.3% below the Hardware industry median of 69.89. Metalac a.d. , Gornji Milanovac's overall GF Score™ is 94/100 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 Metalac a.d. , Gornji Milanovac (XBEL:MTLC), the current Days Payable is 64.76 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 Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Overvalued in 2026?

Based on GuruFocus' analysis, Metalac a.d. , Gornji Milanovac stock appears to be undervalued. The current stock price of RSD2,050.00 is trading 5.9% below its estimated GF Value™ of RSD2,178.48. GuruFocus considers Metalac a.d. , Gornji Milanovac to be Fairly Valued.

Key valuation signals for XBEL:MTLC:

  • Days Payable: 64.76 (10% above median its 10-year median of 58.61)
  • GF Value™: RSD2,178.48 vs. price of RSD2,050.00 (5.9% below fair value)
  • GF Score™: 94/100 with 8 warning signs
  • Industry Position: 7.3% below the Hardware median (#936 of 2437)

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


Metalac a.d. , Gornji Milanovac Business Description

Address Kneza Aleksandra 212, Gornji Milanovac, SRB, 32300
Metalac a.d. , Gornji Milanovac produces and sells enamel, Teflon-coated, aluminum and stainless-steel cookware. It also sells water heaters, transport and luxurious cardboard packing materials, steel products, and others.
94GF Score

Get the complete analysis for XBEL:MTLC

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

RSD2,050.00
Price
RSD2,178.48
GF Value