Netel Holding AB (FRA:2CR) Days Payable: 88.54 (As of Mar. 2026) — 48% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:2CR Netel Holding AB FRA:2CR
48 GF Score
Price €0.25
GF Value €0.80
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Netel Holding AB Days Payable?

Netel Holding AB FRA:2CR 48 Days Payable is 88.54 as of Mar. 2026, which is 48% above its 10-year median of 59.89. GuruFocus rates FRA:2CR with a GF Score™ of 48/100 and a GF Value™ of €0.80 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,716 Construction companies, Netel Holding AB ranks worse than 60.84% on this metric.

Netel Holding AB's average Accounts Payable for the three months ended in Mar. 2026 was €27.4 Mil. Netel Holding AB's Cost of Goods Sold for the three months ended in Mar. 2026 was €28.2 Mil. Hence, Netel Holding AB's Days Payable for the three months ended in Mar. 2026 was 88.54.

The historical rank and industry rank for Netel Holding AB's Days Payable or its related term are showing as below:

FRA:2CR' s Days Payable Range Over the Past 10 Years
Min: 53.06   Med: 59.89   Max: 63.58
Current: 61.21

During the past 8 years, Netel Holding AB's highest Days Payable was 63.58. The lowest was 53.06. And the median was 59.89.

FRA:2CR's Days Payable is ranked worse than
60.84% of 1716 companies
in the Construction industry
Industry Median: 76.55 vs FRA:2CR: 61.21

Netel Holding AB's Days Payable increased from Mar. 2025 (67.51) to Mar. 2026 (88.54). It may suggest that Netel Holding AB delayed paying its suppliers.


Netel Holding AB Days Payable Historical Data

* Premium members only.

The historical data trend for Netel Holding 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.

Netel Holding AB Days Payable Chart

Netel Holding AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 53.28 55.20 60.77 56.77 57.93

Netel Holding AB 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 67.51 0.00 0.00 51.31 88.54

FRA:2CR vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Netel Holding 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.


Netel Holding AB Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Netel Holding AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Netel Holding AB's Days Payable falls into.


FRA:2CR
48GF Score
Netel Holding AB FRA:2CR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netel Holding AB 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.

Netel Holding AB'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
=( (25.733 + 27.384) / 2 ) / 167.336*365
=26.5585 / 167.336*365
=57.93

Netel Holding AB'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
=( (27.384 + 0) / 1 ) / 28.223*365 / 4
=27.384 / 28.223*365 / 4
=88.54

* 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 88.54 mean?
Netel Holding AB (FRA:2CR) has a Days Payable of 88.54 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 Netel Holding AB and its competitors. This is 48% above median its historical median of 59.89. Over the past decade, Netel Holding AB's Days Payable has ranged from 53.06 to 63.58. According to the industry distribution chart, Netel Holding AB ranks #1044 out of 1716 companies in the Construction industry, placing it in the top 60.8%.
Is Netel Holding AB's Days Payable too high?
Netel Holding AB's current Days Payable of 88.54 is 48% above median its 10-year median of 59.89. Over the past 10 years, this metric has ranged from a low of 53.06 to a high of 63.58. The Construction industry median Days Payable is 76.55. Netel Holding AB's value of 88.54 is 15.7% above this industry median. Based on the distribution chart, Netel Holding AB ranks #1044 out of 1716 companies in the Construction industry, which is below the industry midpoint. Overall, Netel Holding AB has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Netel Holding AB's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Netel Holding AB ranks #1044 out of 1716 companies for Days Payable. This places Netel Holding AB in the lower half of its industry. The industry median Days Payable is 76.55. Netel Holding AB's value of 88.54 is 15.7% above this benchmark. Historically, Netel Holding AB's own Days Payable has ranged from 53.06 to 63.58 over the past decade. While the company's 10-year median is 59.89 vs. the industry median of 76.55, Netel Holding 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 a Construction company?
The median Days Payable among Construction companies is 76.55, based on 1,716 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. Netel Holding AB's current Days Payable of 88.54 is 15.7% 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 Netel Holding AB and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netel Holding AB's current Days Payable is 88.54, which is 48% above median its own 10-year median of 59.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netel Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Netel Holding AB (FRA:2CR) is currently considered Possible Value Trap. The stock's GF Value™ is €0.80, compared to a current price of €0.25 — trading 68.5% below its estimated fair value. The current Days Payable is 88.54, which is 48% above median its 10-year median of 59.89 and 15.7% above the Construction industry median of 76.55. Netel Holding AB's overall GF Score™ is 48/100 with 6 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 Netel Holding AB (FRA:2CR), the current Days Payable is 88.54 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 Netel Holding AB (FRA:2CR) Overvalued in 2026?

Based on GuruFocus' analysis, Netel Holding AB stock appears to be undervalued. The current stock price of €0.25 is trading 68.5% below its estimated GF Value™ of €0.80. GuruFocus considers Netel Holding AB to be Possible Value Trap.

Key valuation signals for FRA:2CR:

  • Days Payable: 88.54 (48% above median its 10-year median of 59.89)
  • GF Value™: €0.80 vs. price of €0.25 (68.5% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 15.7% above the Construction median (#1044 of 1716)

No single metric tells the full story. See the FRA:2CR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netel Holding AB Business Description

Other Exchanges NETEL:Sweden0AAB:UK
Address Fagelviksvagen 9, 7th Floor, Stockholm, SWE, SE-145 84
Netel Holding AB is engaged in providing infrastructure projects and services. The company has three operating segments: Infraservices, Power, and Telecom. It delivers planning, construction, installation, and maintenance services for infrastructure networks, including electricity distribution, telecommunications, and related infrastructure. It generates the majority of its revenue from the Telecom segment.
48GF Score

Get the complete analysis for FRA:2CR

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

€0.25
Price
€0.80
GF Value