Nekkar ASA (LTS:0MQC) Days Payable: 72.67 (As of Dec. 2025) — 27% Above Median


LTS:0MQC Nekkar ASA LTS:0MQC
72 GF Score
Price kr14.60
GF Value kr12.38
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Nekkar ASA Days Payable?

Nekkar ASA LTS:0MQC +2.10% 72 Days Payable is 72.67 as of Dec. 2025, which is 27% above its 10-year median of 57.03. GuruFocus rates LTS:0MQC with a GF Score™ of 72/100 and a GF Value™ of kr12.38 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,986 Industrial Products companies, Nekkar ASA ranks worse than 54.96% on this metric.

Nekkar ASA's average Accounts Payable for the six months ended in Dec. 2025 was kr68.5 Mil. Nekkar ASA's Cost of Goods Sold for the six months ended in Dec. 2025 was kr172.1 Mil. Hence, Nekkar ASA's Days Payable for the six months ended in Dec. 2025 was 72.67.

The historical rank and industry rank for Nekkar ASA's Days Payable or its related term are showing as below:

LTS:0MQC' s Days Payable Range Over the Past 10 Years
Min: 29.86   Med: 57.03   Max: 784.98
Current: 69.47

During the past 13 years, Nekkar ASA's highest Days Payable was 784.98. The lowest was 29.86. And the median was 57.03.

LTS:0MQC's Days Payable is ranked worse than
54.96% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs LTS:0MQC: 69.47

Nekkar ASA's Days Payable increased from Dec. 2024 (44.61) to Dec. 2025 (72.67). It may suggest that Nekkar ASA delayed paying its suppliers.


Nekkar ASA Days Payable Historical Data

* Premium members only.

The historical data trend for Nekkar ASA'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.

Nekkar ASA Days Payable Chart

Nekkar ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.92 58.10 61.81 55.96 73.14

Nekkar ASA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 47.70 51.26 44.61 61.74 72.67

LTS:0MQC vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Nekkar ASA'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.


Nekkar ASA Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nekkar ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Nekkar ASA's Days Payable falls into.


LTS:0MQC
72GF Score
Nekkar ASA LTS:0MQC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nekkar ASA 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.

Nekkar ASA'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
=( (45.08 + 82.763) / 2 ) / 319.014*365
=63.9215 / 319.014*365
=73.14

Nekkar ASA's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (54.31 + 82.763) / 2 ) / 172.129*365 / 2
=68.5365 / 172.129*365 / 2
=72.67

* 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 72.67 mean?
Nekkar ASA (LTS:0MQC) has a Days Payable of 72.67 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 Nekkar ASA and its competitors. This is 27% above median its historical median of 57.03. Over the past decade, Nekkar ASA's Days Payable has ranged from 29.86 to 784.98. According to the industry distribution chart, Nekkar ASA ranks #1641 out of 2986 companies in the Industrial Products industry, placing it in the top 55%.
Is Nekkar ASA's Days Payable too high?
Nekkar ASA's current Days Payable of 72.67 is 27% above median its 10-year median of 57.03. Over the past 10 years, this metric has ranged from a low of 29.86 to a high of 784.98. The Industrial Products industry median Days Payable is 78.07. Nekkar ASA's value of 72.67 is 6.9% below this industry median. Based on the distribution chart, Nekkar ASA ranks #1641 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nekkar ASA has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nekkar ASA's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nekkar ASA ranks #1641 out of 2986 companies for Days Payable. This places Nekkar ASA in the lower half of its industry. The industry median Days Payable is 78.07. Nekkar ASA's value of 72.67 is 6.9% below this benchmark. Historically, Nekkar ASA's own Days Payable has ranged from 29.86 to 784.98 over the past decade. While the company's 10-year median is 57.03 vs. the industry median of 78.07, Nekkar ASA 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 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. Nekkar ASA's current Days Payable of 72.67 is 6.9% 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 Nekkar ASA and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nekkar ASA's current Days Payable is 72.67, which is 27% above median its own 10-year median of 57.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nekkar ASA stock overvalued right now?
Based on GuruFocus' analysis, Nekkar ASA (LTS:0MQC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr12.38, compared to a current price of kr14.60 — trading 17.9% above its estimated fair value. The current Days Payable is 72.67, which is 27% above median its 10-year median of 57.03 and 6.9% below the Industrial Products industry median of 78.07. Nekkar ASA's overall GF Score™ is 72/100 with 4 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 Nekkar ASA (LTS:0MQC), the current Days Payable is 72.67 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 Nekkar ASA (LTS:0MQC) Overvalued in 2026?

Based on GuruFocus' analysis, Nekkar ASA stock appears to be overvalued. The current stock price of kr14.60 is trading 17.9% above its estimated GF Value™ of kr12.38. GuruFocus considers Nekkar ASA to be Modestly Overvalued.

Key valuation signals for LTS:0MQC:

  • Days Payable: 72.67 (27% above median its 10-year median of 57.03)
  • GF Value™: kr12.38 vs. price of kr14.60 (17.9% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 6.9% below the Industrial Products median (#1641 of 2986)

No single metric tells the full story. See the LTS:0MQC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nekkar ASA Business Description

Address Lumberveien 27, Kristiansand, NOR, 4621
Nekkar ASA is a company based on an industrial philosophy utilizing smart design, digitalization, and electrification to achieve higher efficiency and more sustainable solutions for multiple industries. Its operating segments include: Syncrolift; Intellilift; Techano Oceanlift; Globetech; and others. The company generates maximum revenue from the Syncrolift segment. The Syncrolift segment includes shiplifts, docking/transfer systems and related service activity for shipyards. The product range includes shiplifting systems for launching and retrievals of vessels and transfer systems for a fast and reliable way of moving vessels around the yard. Geographically, it derives a majority of revenue from Norway and also has a presence in Turkey, UAE, Africa, USA, South America, India and Others.
72GF Score

Get the complete analysis for LTS:0MQC

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

kr14.60
Price
kr12.38
GF Value