Ferronordic ABCHIX:FNMS 83 Days Payable is 66.35 as of Mar. 2026, which is 31% below its 10-year median of 95.92. GuruFocus rates CHIX:FNMS with a GF Score™ of 83/100 and a GF Value™ of kr47.51. The stock has 7 warning signs investors should review. Among 153 Industrial Distribution companies, Ferronordic AB ranks better than 67.32% on this metric.
The historical rank and industry rank for Ferronordic AB's Days Payable or its related term are showing as below:
CHIX:FNMs'
s Days Payable Range Over the Past 10 Years
Min: 53.39 Med: 95.92 Max: 322.55
Current: 71.3
During the past 13 years, Ferronordic AB's highest Days Payable was 322.55. The lowest was 53.39. And the median was 95.92.
CHIX:FNMs's Days Payable is ranked better than 67.32% of 153
companies
in the Industrial Distribution industry
Industry Median: 56.57
vs CHIX:FNMs: 71.30
Ferronordic AB's Days Payable
increased
from Mar. 2025 (64.53) to Mar. 2026 (66.35).
It may suggest that Ferronordic ABdelayed paying its suppliers.
Ferronordic AB Days Payable Related Terms
Ferronordic AB Days Payable Historical Data
* Premium members only.
The historical data trend for Ferronordic AB'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.
CHIX:FNMS vs GWW, FAST, FERG: Days Payable Comparison
For the Industrial Distribution subindustry, Ferronordic AB'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.
Ferronordic AB Days Payable vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Ferronordic AB'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.
Ferronordic AB'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.
Ferronordic AB (CHIX:FNMS) has a Days Payable of 66.35 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 Ferronordic AB and its competitors. This is 31% below median its historical median of 95.92. Over the past decade, Ferronordic AB's Days Payable has ranged from 53.39 to 322.55. According to the industry distribution chart, Ferronordic AB ranks #50 out of 153 companies in the Industrial Distribution industry, placing it in the top 32.7%.
Is Ferronordic AB's Days Payable too high?
Ferronordic AB's current Days Payable of 66.35 is 31% below median its 10-year median of 95.92. Over the past 10 years, this metric has ranged from a low of 53.39 to a high of 322.55. The Industrial Distribution industry median Days Payable is 56.57. Ferronordic AB's value of 66.35 is 17.3% above this industry median. Based on the distribution chart, Ferronordic AB ranks #50 out of 153 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Ferronordic AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ferronordic AB ranks #50 out of 153 companies for Days Payable. This puts Ferronordic AB in the upper half of its industry. The industry median Days Payable is 56.57. Ferronordic AB's value of 66.35 is 17.3% above this benchmark. Historically, Ferronordic AB's own Days Payable has ranged from 53.39 to 322.55 over the past decade. While the company's 10-year median is 95.92 vs. the industry median of 56.57, Ferronordic AB 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 an Industrial Distribution company?
The median Days Payable among Industrial Distribution companies is 56.57, based on 153 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. Ferronordic AB's current Days Payable of 66.35 is 17.3% 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 Ferronordic AB and its competitors. For the Industrial Distribution industry, the median Days Payable is 56.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current Days Payable is 66.35, which is 31% below median its own 10-year median of 95.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current Days Payable of 66.35. The stock's GF Value™ is kr47.51, compared to a current price of kr45.90 — trading 3.4% below its estimated fair value. The current Days Payable is 66.35, which is 31% below median its 10-year median of 95.92 and 17.3% above the Industrial Distribution industry median of 56.57. Ferronordic AB's overall GF Score™ is 83/100 with 7 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 Ferronordic AB (CHIX:FNMS), the current Days Payable is 66.35 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 Ferronordic AB (CHIX:FNMS) Overvalued in 2026?
Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued.
The current stock price of kr45.90 is trading 3.4% below its estimated GF Value™ of kr47.51.
Key valuation signals for CHIX:FNMS:
Days Payable: 66.35 (31% below median its 10-year median of 95.92)
GF Value™: kr47.51 vs. price of kr45.90 (3.4% below fair value)
Industry Position: 17.3% above the Industrial Distribution median (#50 of 153)
No single metric tells the full story. See the CHIX:FNMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
83GF Score
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