NovaFRA:NMR -7.20%94 Days Payable is 46.02 as of Mar. 2026, which is 26% below its 10-year median of 62.09. GuruFocus rates FRA:NMR with a GF Score™ of 94/100 and a GF Value™ of €256.33 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 996 Semiconductors companies, Nova ranks worse than 53.21% on this metric.
Nova's average Accounts Payable for the
three
months ended in Mar. 2026 was €43.5 Mil. Nova's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €86.2 Mil.
Hence, Nova's Days Payable for the
three
months ended in Mar. 2026 was 46.02.
The historical rank and industry rank for Nova's Days Payable or its related term are showing as below:
FRA:NMR'
s Days Payable Range Over the Past 10 Years
Min: 50.36 Med: 62.09 Max: 70.32
Current: 50.36
During the past 13 years, Nova's highest Days Payable was 70.32. The lowest was 50.36. And the median was 62.09.
FRA:NMR's Days Payable is ranked worse than 53.21% of 996
companies
in the Semiconductors industry
Industry Median: 53.11
vs FRA:NMR: 50.36
Nova's Days Payable
declined
from Mar. 2025 (58.48) to Mar. 2026 (46.02).
It may suggest that Novaaccelerated paying its suppliers.
Nova Days Payable Related Terms
Nova Days Payable Historical Data
* Premium members only.
The historical data trend for Nova'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.
FRA:NMR vs ONTO, AMKR, FORM: Days Payable Comparison
For the Semiconductor Equipment & Materials subindustry, Nova'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.
Nova Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nova's Days Payable distribution charts can be found below:
* The bar in red indicates where Nova'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.
Nova'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.
Nova (FRA:NMR) has a Days Payable of 46.02 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 Nova and its competitors. This is 26% below median its historical median of 62.09. Over the past decade, Nova's Days Payable has ranged from 50.36 to 70.32. According to the industry distribution chart, Nova ranks #530 out of 996 companies in the Semiconductors industry, placing it in the top 53.2%.
Is Nova's Days Payable too high?
Nova's current Days Payable of 46.02 is 26% below median its 10-year median of 62.09. Over the past 10 years, this metric has ranged from a low of 50.36 to a high of 70.32. The Semiconductors industry median Days Payable is 53.11. Nova's value of 46.02 is 13.3% below this industry median. Based on the distribution chart, Nova ranks #530 out of 996 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Nova has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova's Days Payable compare to ONTO and AMKR?
According to the Semiconductors industry distribution chart, Nova ranks #530 out of 996 companies for Days Payable. This places Nova in the lower half of its industry. The industry median Days Payable is 53.11. Nova's value of 46.02 is 13.3% below this benchmark. Historically, Nova's own Days Payable has ranged from 50.36 to 70.32 over the past decade. While the company's 10-year median is 62.09 vs. the industry median of 53.11, Nova 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.11, based on 996 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. Nova's current Days Payable of 46.02 is 13.3% 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 Nova and its competitors. For the Semiconductors industry, the median Days Payable is 53.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova's current Days Payable is 46.02, which is 26% below median its own 10-year median of 62.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova stock overvalued right now?
Based on GuruFocus' analysis, Nova (FRA:NMR) is currently considered Significantly Overvalued. The stock's GF Value™ is €256.33, compared to a current price of €405.90 — trading 58.4% above its estimated fair value. The current Days Payable is 46.02, which is 26% below median its 10-year median of 62.09 and 13.3% below the Semiconductors industry median of 53.11. Nova's overall GF Score™ is 94/100 with 3 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 Nova (FRA:NMR), the current Days Payable is 46.02 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 Nova (FRA:NMR) Overvalued in 2026?
Based on GuruFocus' analysis, Nova stock appears to be overvalued.
The current stock price of €405.90 is trading 58.4% above its estimated GF Value™ of €256.33.
GuruFocus considers Nova to be Significantly Overvalued.
Key valuation signals for FRA:NMR:
Days Payable: 46.02 (26% below median its 10-year median of 62.09)
GF Value™: €256.33 vs. price of €405.90 (58.4% above fair value)
Industry Position: 13.3% below the Semiconductors median (#530 of 996)
No single metric tells the full story. See the FRA:NMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Ltd is a provider of metrology and process control solutions used in semiconductor manufacturing. The company provides high-performance metrology solutions across the semiconductor fabrication lifecycle and develops differentiated inline metrology solutions deployed by a broad range of customers, including integrated circuit manufacturers. Its portfolio combines high-precision hardware and software, enabling customers to improve device performance, enhance yields, and accelerate time to market. Its products include Dimensional Metrology, Materials Metrology, Chemical Metrology, and Software Solutions. The company operates in China, Taiwan, R.O.C., the United States and other regions, with maximum revenue coming from China.
94GF Score
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