Note ABCHIX:NOTES 96 Days Payable is 68.67 as of Mar. 2026, which is 7% above its 10-year median of 64.19. GuruFocus rates CHIX:NOTES with a GF Score™ of 96/100 and a GF Value™ of kr182.29. The stock has 4 warning signs investors should review. Among 2,441 Hardware companies, Note AB ranks worse than 52.23% on this metric.
Note AB's average Accounts Payable for the
three
months ended in Mar. 2026 was kr627 Mil. Note AB's Cost of Goods Sold for the
three
months ended in Mar. 2026 was kr833 Mil.
Hence, Note AB's Days Payable for the
three
months ended in Mar. 2026 was 68.67.
The historical rank and industry rank for Note AB's Days Payable or its related term are showing as below:
CHIX:NOTEs'
s Days Payable Range Over the Past 10 Years
Min: 57.11 Med: 64.19 Max: 72.71
Current: 67.06
During the past 13 years, Note AB's highest Days Payable was 72.71. The lowest was 57.11. And the median was 64.19.
CHIX:NOTEs's Days Payable is ranked worse than 52.23% of 2441
companies
in the Hardware industry
Industry Median: 69.99
vs CHIX:NOTEs: 67.06
Note AB's Days Payable
increased
from Mar. 2025 (59.38) to Mar. 2026 (68.67).
It may suggest that Note ABdelayed paying its suppliers.
Note AB Days Payable Related Terms
Note AB Days Payable Historical Data
* Premium members only.
The historical data trend for Note 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:NOTES vs APH, GLW, TEL: Days Payable Comparison
For the Electronic Components subindustry, Note 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.
Note AB Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Note AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Note 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.
Note 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.
Note AB (CHIX:NOTES) has a Days Payable of 68.67 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 Note AB and its competitors. This is near median its historical median of 64.19. Over the past decade, Note AB's Days Payable has ranged from 57.11 to 72.71. According to the industry distribution chart, Note AB ranks #1275 out of 2441 companies in the Hardware industry, placing it in the top 52.2%.
Is Note AB's Days Payable too high?
Note AB's current Days Payable of 68.67 is near median its 10-year median of 64.19. Over the past 10 years, this metric has ranged from a low of 57.11 to a high of 72.71. The Hardware industry median Days Payable is 69.99. Note AB's value of 68.67 is 1.9% below this industry median. Based on the distribution chart, Note AB ranks #1275 out of 2441 companies in the Hardware industry, which is below the industry midpoint. Overall, Note AB has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Note AB's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Note AB ranks #1275 out of 2441 companies for Days Payable. This places Note AB in the lower half of its industry. The industry median Days Payable is 69.99. Note AB's value of 68.67 is 1.9% below this benchmark. Historically, Note AB's own Days Payable has ranged from 57.11 to 72.71 over the past decade. While the company's 10-year median is 64.19 vs. the industry median of 69.99, Note AB 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 69.99, based on 2,441 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. Note AB's current Days Payable of 68.67 is 1.9% 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 Note AB and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Note AB's current Days Payable is 68.67, which is near median its own 10-year median of 64.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note AB stock overvalued right now?
Note AB (CHIX:NOTES) has a current Days Payable of 68.67. The stock's GF Value™ is kr182.29, compared to a current price of kr175.20 — trading 3.9% below its estimated fair value. The current Days Payable is 68.67, which is near median its 10-year median of 64.19 and 1.9% below the Hardware industry median of 69.99. Note AB's overall GF Score™ is 96/100 with 4 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 Note AB (CHIX:NOTES), the current Days Payable is 68.67 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 Note AB (CHIX:NOTES) Overvalued in 2026?
Based on GuruFocus' analysis, Note AB stock appears to be undervalued.
The current stock price of kr175.20 is trading 3.9% below its estimated GF Value™ of kr182.29.
Key valuation signals for CHIX:NOTES:
Days Payable: 68.67 (near median its 10-year median of 64.19)
GF Value™: kr182.29 vs. price of kr175.20 (3.9% below fair value)
Industry Position: 1.9% below the Hardware median (#1275 of 2441)
No single metric tells the full story. See the CHIX:NOTES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.
96GF Score
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