Frontwalker ABNGM:FRWA B 24 Days Payable is 15.87 as of Mar. 2026, which is 48% below its 10-year median of 30.76. GuruFocus rates NGM:FRWA B with a GF Score™ of 24/100 and a GF Value™ of kr0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,598 Software companies, Frontwalker AB ranks worse than 84.1% on this metric.
The historical rank and industry rank for Frontwalker AB's Days Payable or its related term are showing as below:
NGM:FRWA B'
s Days Payable Range Over the Past 10 Years
Min: 13.81 Med: 30.76 Max: 195.66
Current: 16.99
During the past 11 years, Frontwalker AB's highest Days Payable was 195.66. The lowest was 13.81. And the median was 30.76.
NGM:FRWA B's Days Payable is ranked worse than 84.1% of 2598
companies
in the Software industry
Industry Median: 53.515
vs NGM:FRWA B: 16.99
Frontwalker AB's Days Payable
declined
from Mar. 2025 (21.04) to Mar. 2026 (15.87).
It may suggest that Frontwalker ABaccelerated paying its suppliers.
Frontwalker AB Days Payable Related Terms
Frontwalker AB Days Payable Historical Data
* Premium members only.
The historical data trend for Frontwalker AB'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.
NGM:FRWA B vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Frontwalker AB'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.
Frontwalker AB Days Payable vs Software Industry
For the Software industry and Technology sector, Frontwalker AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Frontwalker AB'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.
Frontwalker AB'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.
Frontwalker AB (NGM:FRWA B) has a Days Payable of 15.87 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 Frontwalker AB and its competitors. This is 48% below median its historical median of 30.76. Over the past decade, Frontwalker AB's Days Payable has ranged from 13.81 to 195.66. According to the industry distribution chart, Frontwalker AB ranks #2185 out of 2598 companies in the Software industry, placing it in the top 84.1%.
Is Frontwalker AB's Days Payable too high?
Frontwalker AB's current Days Payable of 15.87 is 48% below median its 10-year median of 30.76. Over the past 10 years, this metric has ranged from a low of 13.81 to a high of 195.66. The Software industry median Days Payable is 53.52. Frontwalker AB's value of 15.87 is 70.3% below this industry median. Based on the distribution chart, Frontwalker AB ranks #2185 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Frontwalker AB has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontwalker AB's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Frontwalker AB ranks #2185 out of 2598 companies for Days Payable. This places Frontwalker AB in the lower half of its industry. The industry median Days Payable is 53.52. Frontwalker AB's value of 15.87 is 70.3% below this benchmark. Historically, Frontwalker AB's own Days Payable has ranged from 13.81 to 195.66 over the past decade. While the company's 10-year median is 30.76 vs. the industry median of 53.52, Frontwalker AB 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 Software company?
The median Days Payable among Software companies is 53.52, based on 2,598 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. Frontwalker AB's current Days Payable of 15.87 is 70.3% 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 Frontwalker AB and its competitors. For the Software industry, the median Days Payable is 53.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontwalker AB's current Days Payable is 15.87, which is 48% below median its own 10-year median of 30.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontwalker AB stock overvalued right now?
Based on GuruFocus' analysis, Frontwalker AB (NGM:FRWA B) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.10, compared to a current price of kr0.60 — trading 500% above its estimated fair value. The current Days Payable is 15.87, which is 48% below median its 10-year median of 30.76 and 70.3% below the Software industry median of 53.52. Frontwalker AB's overall GF Score™ is 24/100 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 Frontwalker AB (NGM:FRWA B), the current Days Payable is 15.87 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 Frontwalker AB (NGM:FRWA B) Overvalued in 2026?
Based on GuruFocus' analysis, Frontwalker AB stock appears to be overvalued.
The current stock price of kr0.60 is trading 500% above its estimated GF Value™ of kr0.10.
GuruFocus considers Frontwalker AB to be Significantly Overvalued.
Key valuation signals for NGM:FRWA B:
Days Payable: 15.87 (48% below median its 10-year median of 30.76)
GF Value™: kr0.10 vs. price of kr0.60 (500% above fair value)
Industry Position: 70.3% below the Software median (#2185 of 2598)
No single metric tells the full story. See the NGM:FRWA B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frontwalker AB offers commitments regarding developing and managing large customer-specific IT systems and enhancing resources and competence throughout all phases of the system development process.
24GF Score
Get the complete analysis for NGM:FRWA B
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
NGM:FRWA B has been successfully added to your 
