Nictus Holdings (NAM:NHL) Days Payable: 39.60 (As of Dec. 2025) — 21% Below Median

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NAM:NHL Nictus Holdings Ltd NAM:NHL
30 GF Score
Price R3.40
! 5 Warning Signs
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What is Nictus Holdings Days Payable?

Nictus Holdings NAM:NHL 30 Days Payable is 39.60 as of Dec. 2025, which is 21% below its 10-year median of 50.30. GuruFocus rates NAM:NHL with a GF Score™ of 30/100. The stock has 5 warning signs investors should review.

Nictus Holdings's average Accounts Payable for the six months ended in Dec. 2025 was R100 Mil. Nictus Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was R460 Mil. Hence, Nictus Holdings's Days Payable for the six months ended in Dec. 2025 was 39.60.

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

NAM:NHL' s Days Payable Range Over the Past 10 Years
Min: 37.94   Med: 50.3   Max: 65.96
Current: 47.74

During the past 9 years, Nictus Holdings's highest Days Payable was 65.96. The lowest was 37.94. And the median was 50.30.

NAM:NHL's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 51.53 vs NAM:NHL: 47.74

Nictus Holdings's Days Payable declined from Dec. 2024 (51.33) to Dec. 2025 (39.60). It may suggest that Nictus Holdings accelerated paying its suppliers.

Nictus Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Nictus Holdings'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.

Nictus Holdings Days Payable Chart

Nictus Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only 40.84 0.00 65.96 57.69 37.94

Nictus Holdings Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 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 81.29 65.25 51.33 48.13 39.60

NAM:NHL vs TSCO, ULTA, WSM: Days Payable Comparison

For the Specialty Retail subindustry, Nictus Holdings'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.

Nictus Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Nictus Holdings's Days Payable falls into.


NAM:NHL
30GF Score
Nictus Holdings Ltd NAM:NHL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nictus Holdings 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.

Nictus Holdings's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (88.509 + 69.929) / 2 ) / 762.202*365
=79.219 / 762.202*365
=37.94

Nictus Holdings'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
=( (69.929 + 129.659) / 2 ) / 459.943*365 / 2
=99.794 / 459.943*365 / 2
=39.60

* 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 39.60 mean?
Nictus Holdings (NAM:NHL) has a Days Payable of 39.60 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 Nictus Holdings and its competitors. This is 21% below median its historical median of 50.30. Over the past decade, Nictus Holdings' Days Payable has ranged from 37.94 to 65.96.
Is Nictus Holdings' Days Payable too high?
Nictus Holdings' current Days Payable of 39.60 is 21% below median its 10-year median of 50.30. Over the past 10 years, this metric has ranged from a low of 37.94 to a high of 65.96. The Retail - Cyclical industry median Days Payable is 51.53. Nictus Holdings' value of 39.60 is 23.2% below this industry median. Overall, Nictus Holdings has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Nictus Holdings' Days Payable compare to TSCO and ULTA?
Nictus Holdings' Days Payable of 39.60 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.53. Nictus Holdings' value of 39.60 is 23.2% below this benchmark. Historically, Nictus Holdings' own Days Payable has ranged from 37.94 to 65.96 over the past decade. While the company's 10-year median is 50.30 vs. the industry median of 51.53, Nictus Holdings 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.53, based on 1,099 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. Nictus Holdings's current Days Payable of 39.60 is 23.2% 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 Nictus Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nictus Holdings's current Days Payable is 39.60, which is 21% below median its own 10-year median of 50.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus Holdings stock overvalued right now?
Nictus Holdings (NAM:NHL) has a current Days Payable of 39.60. The current Days Payable is 39.60, which is 21% below median its 10-year median of 50.30 and 23.2% below the Retail - Cyclical industry median of 51.53. Nictus Holdings' overall GF Score™ is 30/100 with 5 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 Nictus Holdings (NAM:NHL), the current Days Payable is 39.60 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.

Nictus Holdings Business Description

Address 140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM
Nictus Holdings Ltd retails motor vehicles, tyres, automotive glass, furniture and provides financial and insurance services in Namibia. The company operates across the Retail, Property and Insurance and Finance segments.
30GF Score

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R3.40
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