Northcoders GroupLSE:CODE 39 Days Payable is 95.18 as of Dec. 2025, which is 140% above its 10-year median of 39.63. GuruFocus rates LSE:CODE with a GF Score™ of 39/100 and a GF Value™ of £0.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 208 Education companies, Northcoders Group ranks better than 62.98% on this metric.
The historical rank and industry rank for Northcoders Group's Days Payable or its related term are showing as below:
LSE:CODE'
s Days Payable Range Over the Past 10 Years
Min: 5.88 Med: 39.63 Max: 140.23
Current: 53.42
During the past 8 years, Northcoders Group's highest Days Payable was 140.23. The lowest was 5.88. And the median was 39.63.
LSE:CODE's Days Payable is ranked better than 62.98% of 208
companies
in the Education industry
Industry Median: 35.42
vs LSE:CODE: 53.42
Northcoders Group's Days Payable
increased
from Dec. 2024 (75.28) to Dec. 2025 (95.18).
It may suggest that Northcoders Groupdelayed paying its suppliers.
Northcoders Group Days Payable Related Terms
Northcoders Group Days Payable Historical Data
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The historical data trend for Northcoders Group'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.
LSE:CODE vs EDU, TAL, GHC: Days Payable Comparison
For the Education & Training Services subindustry, Northcoders Group'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.
Northcoders Group Days Payable vs Education Industry
For the Education industry and Consumer Defensive sector, Northcoders Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Northcoders Group'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.
Northcoders Group'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.
Northcoders Group (LSE:CODE) has a Days Payable of 95.18 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Northcoders Group and its competitors. This is 140% above median its historical median of 39.63. Over the past decade, Northcoders Group's Days Payable has ranged from 5.88 to 140.23. According to the industry distribution chart, Northcoders Group ranks #77 out of 208 companies in the Education industry, placing it in the top 37%.
Is Northcoders Group's Days Payable too high?
Northcoders Group's current Days Payable of 95.18 is 140% above median its 10-year median of 39.63. Over the past 10 years, this metric has ranged from a low of 5.88 to a high of 140.23. The Education industry median Days Payable is 35.42. Northcoders Group's value of 95.18 is 168.7% above this industry median. Based on the distribution chart, Northcoders Group ranks #77 out of 208 companies in the Education industry, which is above the industry midpoint. Overall, Northcoders Group has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northcoders Group's Days Payable compare to EDU and TAL?
According to the Education industry distribution chart, Northcoders Group ranks #77 out of 208 companies for Days Payable. This puts Northcoders Group in the upper half of its industry. The industry median Days Payable is 35.42. Northcoders Group's value of 95.18 is 168.7% above this benchmark. Historically, Northcoders Group's own Days Payable has ranged from 5.88 to 140.23 over the past decade. While the company's 10-year median is 39.63 vs. the industry median of 35.42, Northcoders Group 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 an Education company?
The median Days Payable among Education companies is 35.42, based on 208 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. Northcoders Group's current Days Payable of 95.18 is 168.7% 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 Northcoders Group and its competitors. For the Education industry, the median Days Payable is 35.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northcoders Group's current Days Payable is 95.18, which is 140% above median its own 10-year median of 39.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northcoders Group stock overvalued right now?
Based on GuruFocus' analysis, Northcoders Group (LSE:CODE) is currently considered Possible Value Trap. The stock's GF Value™ is £0.97, compared to a current price of £0.26 — trading 73.7% below its estimated fair value. The current Days Payable is 95.18, which is 140% above median its 10-year median of 39.63 and 168.7% above the Education industry median of 35.42. Northcoders Group's overall GF Score™ is 39/100 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 Northcoders Group (LSE:CODE), the current Days Payable is 95.18 as of Dec. 2025. 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 Northcoders Group (LSE:CODE) Overvalued in 2026?
Based on GuruFocus' analysis, Northcoders Group stock appears to be undervalued.
The current stock price of £0.26 is trading 73.7% below its estimated GF Value™ of £0.97.
GuruFocus considers Northcoders Group to be Possible Value Trap.
Key valuation signals for LSE:CODE:
Days Payable: 95.18 (140% above median its 10-year median of 39.63)
GF Value™: £0.97 vs. price of £0.26 (73.7% below fair value)
Industry Position: 168.7% above the Education median (#77 of 208)
No single metric tells the full story. See the LSE:CODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northcoders Group PLC is an independent provider of training programs for software coding. It offers a range of training and software development solutions to individual and corporate customers. Its offering includes bootcamp training courses, government-funded apprenticeships, bespoke training courses, and software development solutions.
39GF Score
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