Kitron ASA (CHIX:KITO) Days Payable: 117.26 (As of Mar. 2026) — 25% Above Median


CHIX:KITO Kitron ASA CHIX:KITO
84 GF Score
Price kr105.20
GF Value kr50.00
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kitron ASA Days Payable?

Kitron ASA CHIX:KITO 84 Days Payable is 117.26 as of Mar. 2026, which is 25% above its 10-year median of 93.58. GuruFocus rates CHIX:KITO with a GF Score™ of 84/100 and a GF Value™ of kr50.00 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,440 Hardware companies, Kitron ASA ranks better than 79.63% on this metric.

Kitron ASA's average Accounts Payable for the three months ended in Mar. 2026 was kr2,614 Mil. Kitron ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr2,034 Mil. Hence, Kitron ASA's Days Payable for the three months ended in Mar. 2026 was 117.26.

The historical rank and industry rank for Kitron ASA's Days Payable or its related term are showing as below:

CHIX:KITo' s Days Payable Range Over the Past 10 Years
Min: 76.55   Med: 93.58   Max: 134.09
Current: 134.09

During the past 13 years, Kitron ASA's highest Days Payable was 134.09. The lowest was 76.55. And the median was 93.58.

CHIX:KITo's Days Payable is ranked better than
79.63% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs CHIX:KITo: 134.09

Kitron ASA's Days Payable declined from Mar. 2025 (117.62) to Mar. 2026 (117.26). It may suggest that Kitron ASA accelerated paying its suppliers.


Kitron ASA Days Payable Historical Data

* Premium members only.

The historical data trend for Kitron ASA'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.

Kitron ASA Days Payable Chart

Kitron ASA 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 120.33 95.07 92.09 104.70 98.04

Kitron ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 117.62 139.19 164.77 111.11 117.26

CHIX:KITO vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Kitron ASA'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.


Kitron ASA Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Kitron ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Kitron ASA's Days Payable falls into.


CHIX:KITO
84GF Score
Kitron ASA CHIX:KITO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kitron ASA 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.

Kitron ASA'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
=( (1313.55 + 1794.152) / 2 ) / 5784.839*365
=1553.851 / 5784.839*365
=98.04

Kitron ASA'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1794.152 + 3434.665) / 2 ) / 2034.447*365 / 4
=2614.4085 / 2034.447*365 / 4
=117.26

* 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 117.26 mean?
Kitron ASA (CHIX:KITO) has a Days Payable of 117.26 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 Kitron ASA and its competitors. This is 25% above median its historical median of 93.58. Over the past decade, Kitron ASA's Days Payable has ranged from 76.55 to 134.09. According to the industry distribution chart, Kitron ASA ranks #497 out of 2440 companies in the Hardware industry, placing it in the top 20.4%.
Is Kitron ASA's Days Payable too high?
Kitron ASA's current Days Payable of 117.26 is 25% above median its 10-year median of 93.58. Over the past 10 years, this metric has ranged from a low of 76.55 to a high of 134.09. The Hardware industry median Days Payable is 69.94. Kitron ASA's value of 117.26 is 67.7% above this industry median. Based on the distribution chart, Kitron ASA ranks #497 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Kitron ASA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitron ASA's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Kitron ASA ranks #497 out of 2440 companies for Days Payable. This places Kitron ASA in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.94. Kitron ASA's value of 117.26 is 67.7% above this benchmark. Historically, Kitron ASA's own Days Payable has ranged from 76.55 to 134.09 over the past decade. While the company's 10-year median is 93.58 vs. the industry median of 69.94, Kitron ASA 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 69.94, 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. Kitron ASA's current Days Payable of 117.26 is 67.7% 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 Kitron ASA and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitron ASA's current Days Payable is 117.26, which is 25% above median its own 10-year median of 93.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitron ASA stock overvalued right now?
Based on GuruFocus' analysis, Kitron ASA (CHIX:KITO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr50.00, compared to a current price of kr105.20 — trading 110.4% above its estimated fair value. The current Days Payable is 117.26, which is 25% above median its 10-year median of 93.58 and 67.7% above the Hardware industry median of 69.94. Kitron ASA's overall GF Score™ is 84/100 with 1 warning sign 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 Kitron ASA (CHIX:KITO), the current Days Payable is 117.26 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 Kitron ASA (CHIX:KITO) Overvalued in 2026?

Based on GuruFocus' analysis, Kitron ASA stock appears to be overvalued. The current stock price of kr105.20 is trading 110.4% above its estimated GF Value™ of kr50.00. GuruFocus considers Kitron ASA to be Significantly Overvalued.

Key valuation signals for CHIX:KITO:

  • Days Payable: 117.26 (25% above median its 10-year median of 93.58)
  • GF Value™: kr50.00 vs. price of kr105.20 (110.4% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 67.7% above the Hardware median (#497 of 2440)

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


Kitron ASA Business Description

Address P O Box 97, Billingstad, NOR, 1375
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. Geographically, the company in Norway, Nordics & U.S (excluding Norway) , CEE, Asia, and Other. It derives maximum revenue from Nordics & U.S (excluding Norway. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets.
84GF Score

Get the complete analysis for CHIX:KITO

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

kr105.20
Price
kr50.00
GF Value