Northern Data AG (CHIX:NB2D) Days Payable: 156.75 (As of Dec. 2025) — 93% Above Median


CHIX:NB2D Northern Data AG CHIX:NB2D
51 GF Score
Price €47.53
GF Value €51.79
! 8 Warning Signs
View Full Analysis

What is Northern Data AG Days Payable?

Northern Data AG CHIX:NB2D 51 Days Payable is 156.75 as of Dec. 2025, which is 93% above its 10-year median of 81.41. GuruFocus rates CHIX:NB2D with a GF Score™ of 51/100 and a GF Value™ of €51.79. The stock has 8 warning signs investors should review. Among 2,602 Software companies, Northern Data AG ranks better than 78.71% on this metric.

Northern Data AG's average Accounts Payable for the six months ended in Dec. 2025 was €25.64 Mil. Northern Data AG's Cost of Goods Sold for the six months ended in Dec. 2025 was €59.71 Mil. Hence, Northern Data AG's Days Payable for the six months ended in Dec. 2025 was 78.38.

The historical rank and industry rank for Northern Data AG's Days Payable or its related term are showing as below:

CHIX:NB2d' s Days Payable Range Over the Past 10 Years
Min: 31.12   Med: 81.41   Max: 386.92
Current: 156.75

During the past 12 years, Northern Data AG's highest Days Payable was 386.92. The lowest was 31.12. And the median was 81.41.

CHIX:NB2d's Days Payable is ranked better than
78.71% of 2602 companies
in the Software industry
Industry Median: 53.825 vs CHIX:NB2d: 156.75

Northern Data AG's Days Payable declined from Dec. 2023 (291.79) to Dec. 2025 (156.75). It may suggest that Northern Data AG accelerated paying its suppliers.


Northern Data AG Days Payable Historical Data

* Premium members only.

The historical data trend for Northern Data AG'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.

Northern Data AG Days Payable Chart

Northern Data AG 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 84.21 78.60 291.79 386.92 156.75

Northern Data AG Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.21 78.60 291.79 386.92 156.75

CHIX:NB2D vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Northern Data AG'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.


Northern Data AG Days Payable vs Software Industry

For the Software industry and Technology sector, Northern Data AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Northern Data AG's Days Payable falls into.


CHIX:NB2D
51GF Score
Northern Data AG CHIX:NB2D
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Data AG 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.

Northern Data AG'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
=( (39.013 + 12.269) / 2 ) / 59.705*365
=25.641 / 59.705*365
=156.75

Northern Data AG's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (39.013 + 12.269) / 2 ) / 59.705*365 / 2
=25.641 / 59.705*365 / 2
=78.38

* 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 156.75 mean?
Northern Data AG (CHIX:NB2D) has a Days Payable of 156.75 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 Northern Data AG and its competitors. This is 93% above median its historical median of 81.41. Over the past decade, Northern Data AG's Days Payable has ranged from 31.12 to 386.92. According to the industry distribution chart, Northern Data AG ranks #554 out of 2602 companies in the Software industry, placing it in the top 21.3%.
Is Northern Data AG's Days Payable too high?
Northern Data AG's current Days Payable of 156.75 is 93% above median its 10-year median of 81.41. Over the past 10 years, this metric has ranged from a low of 31.12 to a high of 386.92. The Software industry median Days Payable is 53.83. Northern Data AG's value of 156.75 is 191.2% above this industry median. Based on the distribution chart, Northern Data AG ranks #554 out of 2602 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Data AG has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Northern Data AG's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Northern Data AG ranks #554 out of 2602 companies for Days Payable. This places Northern Data AG in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.83. Northern Data AG's value of 156.75 is 191.2% above this benchmark. Historically, Northern Data AG's own Days Payable has ranged from 31.12 to 386.92 over the past decade. While the company's 10-year median is 81.41 vs. the industry median of 53.83, Northern Data AG 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 Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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. Northern Data AG's current Days Payable of 156.75 is 191.2% 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 Northern Data AG and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Data AG's current Days Payable is 156.75, which is 93% above median its own 10-year median of 81.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Data AG stock overvalued right now?
Northern Data AG (CHIX:NB2D) has a current Days Payable of 156.75. The stock's GF Value™ is €51.79, compared to a current price of €47.53 — trading 8.2% below its estimated fair value. The current Days Payable is 156.75, which is 93% above median its 10-year median of 81.41 and 191.2% above the Software industry median of 53.83. Northern Data AG's overall GF Score™ is 51/100 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 Northern Data AG (CHIX:NB2D), the current Days Payable is 156.75 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 Northern Data AG (CHIX:NB2D) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Data AG stock appears to be undervalued. The current stock price of €47.53 is trading 8.2% below its estimated GF Value™ of €51.79.

Key valuation signals for CHIX:NB2D:

  • Days Payable: 156.75 (93% above median its 10-year median of 81.41)
  • GF Value™: €51.79 vs. price of €47.53 (8.2% below fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 191.2% above the Software median (#554 of 2602)

No single metric tells the full story. See the CHIX:NB2D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Data AG Business Description

Address An der Welle 3, Frankfurt, HE, DEU, 60322
Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers. Geographically, it operates in Europe (excluding Germany), North America, and Germany. The company derives maximum revenue from Europe.
51GF Score

Get the complete analysis for CHIX:NB2D

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

€47.53
Price
€51.79
GF Value