Nickel IndustriesASX:NIC +1.11%65 Days Payable is 48.67 as of Dec. 2025, which is 7% above its 10-year median of 45.34. GuruFocus rates ASX:NIC with a GF Score™ of 65/100 and a GF Value™ of A$0.74 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,065 Metals & Mining companies, Nickel Industries ranks worse than 73.24% on this metric.
The historical rank and industry rank for Nickel Industries's Days Payable or its related term are showing as below:
ASX:NIC'
s Days Payable Range Over the Past 10 Years
Min: 37.92 Med: 45.34 Max: 175.04
Current: 50.2
During the past 8 years, Nickel Industries's highest Days Payable was 175.04. The lowest was 37.92. And the median was 45.34.
ASX:NIC's Days Payable is ranked worse than 73.24% of 1065
companies
in the Metals & Mining industry
Industry Median: 127.26
vs ASX:NIC: 50.20
Nickel Industries's Days Payable
increased
from Dec. 2024 (44.84) to Dec. 2025 (48.67).
It may suggest that Nickel Industriesdelayed paying its suppliers.
Nickel Industries Days Payable Related Terms
Nickel Industries Days Payable Historical Data
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The historical data trend for Nickel Industries'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.
Nickel Industries Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.
Nickel Industries Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Nickel Industries'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.
Nickel Industries'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.
Nickel Industries (ASX:NIC) has a Days Payable of 48.67 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 Nickel Industries and its competitors. This is near median its historical median of 45.34. Over the past decade, Nickel Industries' Days Payable has ranged from 37.92 to 175.04. According to the industry distribution chart, Nickel Industries ranks #780 out of 1065 companies in the Metals & Mining industry, placing it in the top 73.2%.
Is Nickel Industries' Days Payable too high?
Nickel Industries' current Days Payable of 48.67 is near median its 10-year median of 45.34. Over the past 10 years, this metric has ranged from a low of 37.92 to a high of 175.04. The Metals & Mining industry median Days Payable is 127.26. Nickel Industries' value of 48.67 is 61.8% below this industry median. Based on the distribution chart, Nickel Industries ranks #780 out of 1065 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nickel Industries has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Industries ranks #780 out of 1065 companies for Days Payable. This places Nickel Industries in the lower half of its industry. The industry median Days Payable is 127.26. Nickel Industries' value of 48.67 is 61.8% below this benchmark. Historically, Nickel Industries' own Days Payable has ranged from 37.92 to 175.04 over the past decade. While the company's 10-year median is 45.34 vs. the industry median of 127.26, Nickel Industries 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,065 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. Nickel Industries's current Days Payable of 48.67 is 61.8% 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 Nickel Industries and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Industries's current Days Payable is 48.67, which is near median its own 10-year median of 45.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Industries stock overvalued right now?
Based on GuruFocus' analysis, Nickel Industries (ASX:NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.74, compared to a current price of A$0.91 — trading 23% above its estimated fair value. The current Days Payable is 48.67, which is near median its 10-year median of 45.34 and 61.8% below the Metals & Mining industry median of 127.26. Nickel Industries' overall GF Score™ is 65/100 with 10 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 Nickel Industries (ASX:NIC), the current Days Payable is 48.67 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 Nickel Industries (ASX:NIC) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Industries stock appears to be overvalued.
The current stock price of A$0.91 is trading 23% above its estimated GF Value™ of A$0.74.
GuruFocus considers Nickel Industries to be Modestly Overvalued.
Key valuation signals for ASX:NIC:
Days Payable: 48.67 (near median its 10-year median of 45.34)
GF Value™: A$0.74 vs. price of A$0.91 (23% above fair value)
Industry Position: 61.8% below the Metals & Mining median (#780 of 1065)
No single metric tells the full story. See the ASX:NIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.
65GF Score
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