Stockholm Nordtech Group AB (FRA:GD2) Days Payable: 62.90 (As of Jun. 2026) — 10% Below Median

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FRA:GD2 Stockholm Nordtech Group AB FRA:GD2
22 GF Score
Price €6.72
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What is Stockholm Nordtech Group AB Days Payable?

Stockholm Nordtech Group AB FRA:GD2 -0.07% 22 Days Payable is 62.90 as of Jun. 2026, which is 10% below its 10-year median of 70.18. GuruFocus rates FRA:GD2 with a GF Score™ of 22/100. Among 2,610 Software companies, Stockholm Nordtech Group AB ranks better than 71.99% on this metric.

Stockholm Nordtech Group AB's average Accounts Payable for the three months ended in Jun. 2026 was €6.37 Mil. Stockholm Nordtech Group AB's Cost of Goods Sold for the three months ended in Jun. 2026 was €9.24 Mil. Hence, Stockholm Nordtech Group AB's Days Payable for the three months ended in Jun. 2026 was 62.90.

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

FRA:GD2' s Days Payable Range Over the Past 10 Years
Min: 41.95   Med: 70.18   Max: 113.65
Current: 113.65

During the past 4 years, Stockholm Nordtech Group AB's highest Days Payable was 113.65. The lowest was 41.95. And the median was 70.18.

FRA:GD2's Days Payable is ranked better than
71.99% of 2610 companies
in the Software industry
Industry Median: 51.765 vs FRA:GD2: 113.65

Stockholm Nordtech Group AB's Days Payable increased from Mar. 2025 (61.08) to Jun. 2026 (62.90). It may suggest that Stockholm Nordtech Group AB delayed paying its suppliers.


Stockholm Nordtech Group AB Days Payable Historical Data

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The historical data trend for Stockholm Nordtech Group 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.

Stockholm Nordtech Group AB Days Payable Chart

Stockholm Nordtech Group AB Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 70.48 100.50 40.80

Stockholm Nordtech Group AB Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial 61.08 0.00 0.00 50.45 62.90

FRA:GD2 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Stockholm Nordtech Group 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.


Stockholm Nordtech Group AB Days Payable vs Software Industry

For the Software industry and Technology sector, Stockholm Nordtech Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Stockholm Nordtech Group AB's Days Payable falls into.


FRA:GD2
22GF Score
Stockholm Nordtech Group AB FRA:GD2
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Stockholm Nordtech Group 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.

Stockholm Nordtech Group 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
=( (3.617 + 3.676) / 2 ) / 32.622*365
=3.6465 / 32.622*365
=40.80

Stockholm Nordtech Group AB's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (5.552 + 7.188) / 2 ) / 9.241*365 / 4
=6.37 / 9.241*365 / 4
=62.90

* 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 62.90 mean?
Stockholm Nordtech Group AB (FRA:GD2) has a Days Payable of 62.90 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 Stockholm Nordtech Group AB and its competitors. This is 10% below median its historical median of 70.18. Over the past decade, Stockholm Nordtech Group AB's Days Payable has ranged from 41.95 to 113.65. According to the industry distribution chart, Stockholm Nordtech Group AB ranks #731 out of 2610 companies in the Software industry, placing it in the top 28%.
Is Stockholm Nordtech Group AB's Days Payable too high?
Stockholm Nordtech Group AB's current Days Payable of 62.90 is 10% below median its 10-year median of 70.18. Over the past 10 years, this metric has ranged from a low of 41.95 to a high of 113.65. The Software industry median Days Payable is 51.77. Stockholm Nordtech Group AB's value of 62.90 is 21.5% above this industry median. Based on the distribution chart, Stockholm Nordtech Group AB ranks #731 out of 2610 companies in the Software industry, which is above the industry midpoint. Overall, Stockholm Nordtech Group AB has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Stockholm Nordtech Group AB's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Stockholm Nordtech Group AB ranks #731 out of 2610 companies for Days Payable. This puts Stockholm Nordtech Group AB in the upper half of its industry. The industry median Days Payable is 51.77. Stockholm Nordtech Group AB's value of 62.90 is 21.5% above this benchmark. Historically, Stockholm Nordtech Group AB's own Days Payable has ranged from 41.95 to 113.65 over the past decade. While the company's 10-year median is 70.18 vs. the industry median of 51.77, Stockholm Nordtech Group 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 Software company?
The median Days Payable among Software companies is 51.77, based on 2,610 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. Stockholm Nordtech Group AB's current Days Payable of 62.90 is 21.5% 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 Stockholm Nordtech Group AB and its competitors. For the Software industry, the median Days Payable is 51.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stockholm Nordtech Group AB's current Days Payable is 62.90, which is 10% below median its own 10-year median of 70.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stockholm Nordtech Group AB stock overvalued right now?
Stockholm Nordtech Group AB (FRA:GD2) has a current Days Payable of 62.90. The current Days Payable is 62.90, which is 10% below median its 10-year median of 70.18 and 21.5% above the Software industry median of 51.77. Stockholm Nordtech Group AB's overall GF Score™ is 22/100. 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 Stockholm Nordtech Group AB (FRA:GD2), the current Days Payable is 62.90 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.

Stockholm Nordtech Group AB Business Description

Other Exchanges NTECH:Sweden
Address Norrlandsgatan 10, Stockholm, SWE, 111 43
Nordtech Group AB develops and acquires small and medium sized companies that provide mission-critical B2B software solutions in resilient niche markets. Its portfolio includes software businesses serving a range of industries across the Business Platforms, Operational Solutions, and Public Infrastructure segments. The majority of revenue is derived from the Operational solutions segment. The company's software products are used in customer operations and include recurring-revenue business models. The company also supports the adoption of artificial intelligence technologies across its portfolio companies. Its operating model combines ownership oversight with decentralized operations, allowing portfolio companies to manage their day-to-day activities independently.
22GF Score

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