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Elkem ASAFRA:1DP +8.53%62 Days Payable is 86.04 as of Jun. 2026, which is 9% above its 10-year median of 79.26. GuruFocus rates FRA:1DP with a GF Score™ of 62/100 and a GF Value™ of €1.66 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,554 Chemicals companies, Elkem ASA ranks better than 66.8% on this metric.
Elkem ASA's average Accounts Payable for the
three
months ended in Jun. 2026 was €149 Mil. Elkem ASA's Cost of Goods Sold for the
three
months ended in Jun. 2026 was €159 Mil.
Hence, Elkem ASA's Days Payable for the
three
months ended in Jun. 2026 was 86.04.
The historical rank and industry rank for Elkem ASA's Days Payable or its related term are showing as below:
FRA:1DP'
s Days Payable Range Over the Past 10 Years
Min: 70.43 Med: 79.26 Max: 167.34
Current: 80.28
During the past 12 years, Elkem ASA's highest Days Payable was 167.34. The lowest was 70.43. And the median was 79.26.
FRA:1DP's Days Payable is ranked better than 66.8% of 1554
companies
in the Chemicals industry
Industry Median: 59.875
vs FRA:1DP: 80.28
Elkem ASA's Days Payable
declined
from Jun. 2025 (86.07) to Jun. 2026 (86.04).
It may suggest that Elkem ASAaccelerated paying its suppliers.
Elkem ASA Days Payable Related Terms
Elkem ASA Days Payable Historical Data
* Premium members only.
The historical data trend for Elkem 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.
For the Specialty Chemicals subindustry, Elkem 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.
Elkem ASA Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Elkem ASA's Days Payable distribution charts can be found below:
* The bar in red indicates where Elkem ASA'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.
Elkem ASA'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.
Elkem ASA (FRA:1DP) has a Days Payable of 86.04 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Elkem ASA and its competitors. This is near median its historical median of 79.26. Over the past decade, Elkem ASA's Days Payable has ranged from 70.43 to 167.34. According to the industry distribution chart, Elkem ASA ranks #516 out of 1554 companies in the Chemicals industry, placing it in the top 33.2%.
Is Elkem ASA's Days Payable too high?
Elkem ASA's current Days Payable of 86.04 is near median its 10-year median of 79.26. Over the past 10 years, this metric has ranged from a low of 70.43 to a high of 167.34. The Chemicals industry median Days Payable is 59.88. Elkem ASA's value of 86.04 is 43.7% above this industry median. Based on the distribution chart, Elkem ASA ranks #516 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Elkem ASA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Elkem ASA ranks #516 out of 1554 companies for Days Payable. This puts Elkem ASA in the upper half of its industry. The industry median Days Payable is 59.88. Elkem ASA's value of 86.04 is 43.7% above this benchmark. Historically, Elkem ASA's own Days Payable has ranged from 70.43 to 167.34 over the past decade. While the company's 10-year median is 79.26 vs. the industry median of 59.88, Elkem 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.88, based on 1,554 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. Elkem ASA's current Days Payable of 86.04 is 43.7% 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 Elkem ASA and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elkem ASA's current Days Payable is 86.04, which is near median its own 10-year median of 79.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elkem ASA stock overvalued right now?
Based on GuruFocus' analysis, Elkem ASA (FRA:1DP) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.66, compared to a current price of €2.85 — trading 71.7% above its estimated fair value. The current Days Payable is 86.04, which is near median its 10-year median of 79.26 and 43.7% above the Chemicals industry median of 59.88. Elkem ASA's overall GF Score™ is 62/100 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 Elkem ASA (FRA:1DP), the current Days Payable is 86.04 as of Jun. 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 Elkem ASA (FRA:1DP) Overvalued in 2026?
Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued.
The current stock price of €2.85 is trading 71.7% above its estimated GF Value™ of €1.66.
GuruFocus considers Elkem ASA to be Significantly Overvalued.
Key valuation signals for FRA:1DP:
Days Payable: 86.04 (near median its 10-year median of 79.26)
GF Value™: €1.66 vs. price of €2.85 (71.7% above fair value)
Industry Position: 43.7% above the Chemicals median (#516 of 1554)
No single metric tells the full story. See the FRA:1DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elkem ASA offers material solutions that shape a more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations in electric mobility, digital communications, health, and personal care, as well as in smarter, more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.
62GF Score
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