Nokian TyresFRA:NRE +2.84%71 Days Payable is 61.90 as of Mar. 2026, which is 52% above its 10-year median of 40.63. GuruFocus rates FRA:NRE with a GF Score™ of 71/100 and a GF Value™ of €9.26 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Nokian Tyres ranks worse than 64.05% on this metric.
The historical rank and industry rank for Nokian Tyres's Days Payable or its related term are showing as below:
FRA:NRE'
s Days Payable Range Over the Past 10 Years
Min: 32.81 Med: 40.63 Max: 54.7
Current: 50.56
During the past 13 years, Nokian Tyres's highest Days Payable was 54.70. The lowest was 32.81. And the median was 40.63.
FRA:NRE's Days Payable is ranked worse than 64.05% of 1310
companies
in the Vehicles & Parts industry
Industry Median: 67.015
vs FRA:NRE: 50.56
Nokian Tyres's Days Payable
increased
from Mar. 2025 (55.73) to Mar. 2026 (61.90).
It may suggest that Nokian Tyresdelayed paying its suppliers.
Nokian Tyres Days Payable Related Terms
Nokian Tyres Days Payable Historical Data
* Premium members only.
The historical data trend for Nokian Tyres'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:NRE vs ORLY, AZO, GPC: Days Payable Comparison
For the Auto Parts subindustry, Nokian Tyres'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.
Nokian Tyres Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Days Payable distribution charts can be found below:
* The bar in red indicates where Nokian Tyres'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.
Nokian Tyres'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.
Nokian Tyres (FRA:NRE) has a Days Payable of 61.90 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 Nokian Tyres and its competitors. This is 52% above median its historical median of 40.63. Over the past decade, Nokian Tyres' Days Payable has ranged from 32.81 to 54.70. According to the industry distribution chart, Nokian Tyres ranks #839 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 64%.
Is Nokian Tyres' Days Payable too high?
Nokian Tyres' current Days Payable of 61.90 is 52% above median its 10-year median of 40.63. Over the past 10 years, this metric has ranged from a low of 32.81 to a high of 54.70. The Vehicles & Parts industry median Days Payable is 67.02. Nokian Tyres' value of 61.90 is 7.6% below this industry median. Based on the distribution chart, Nokian Tyres ranks #839 out of 1310 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nokian Tyres has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #839 out of 1310 companies for Days Payable. This places Nokian Tyres in the lower half of its industry. The industry median Days Payable is 67.02. Nokian Tyres' value of 61.90 is 7.6% below this benchmark. Historically, Nokian Tyres' own Days Payable has ranged from 32.81 to 54.70 over the past decade. While the company's 10-year median is 40.63 vs. the industry median of 67.02, Nokian Tyres 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Nokian Tyres's current Days Payable of 61.90 is 7.6% 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 Nokian Tyres and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current Days Payable is 61.90, which is 52% above median its own 10-year median of 40.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokian Tyres stock overvalued right now?
Based on GuruFocus' analysis, Nokian Tyres (FRA:NRE) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.26, compared to a current price of €12.31 — trading 32.9% above its estimated fair value. The current Days Payable is 61.90, which is 52% above median its 10-year median of 40.63 and 7.6% below the Vehicles & Parts industry median of 67.02. Nokian Tyres' overall GF Score™ is 71/100 with 11 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 Nokian Tyres (FRA:NRE), the current Days Payable is 61.90 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 Nokian Tyres (FRA:NRE) Overvalued in 2026?
Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued.
The current stock price of €12.31 is trading 32.9% above its estimated GF Value™ of €9.26.
GuruFocus considers Nokian Tyres to be Significantly Overvalued.
Key valuation signals for FRA:NRE:
Days Payable: 61.90 (52% above median its 10-year median of 40.63)
GF Value™: €9.26 vs. price of €12.31 (32.9% above fair value)
Industry Position: 7.6% below the Vehicles & Parts median (#839 of 1310)
No single metric tells the full story. See the FRA:NRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres and Vianor. The Passenger car tyres segment generates the majority of revenue.
71GF Score
Get the complete analysis for FRA:NRE
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:NRE has been successfully added to your 
