Kvix ABNGM:KVIX +114.41%63 Days Payable is 50.34 as of Mar. 2026, which is 21% below its 10-year median of 63.81. GuruFocus rates NGM:KVIX with a GF Score™ of 63/100 and a GF Value™ of kr2.84 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,600 Software companies, Kvix AB ranks worse than 62.08% on this metric.
Kvix AB's average Accounts Payable for the
three
months ended in Mar. 2026 was kr1.59 Mil. Kvix AB's Cost of Goods Sold for the
three
months ended in Mar. 2026 was kr2.89 Mil.
Hence, Kvix AB's Days Payable for the
three
months ended in Mar. 2026 was 50.34.
The historical rank and industry rank for Kvix AB's Days Payable or its related term are showing as below:
NGM:KVIX'
s Days Payable Range Over the Past 10 Years
Min: 37.61 Med: 63.81 Max: 238.84
Current: 37.61
During the past 7 years, Kvix AB's highest Days Payable was 238.84. The lowest was 37.61. And the median was 63.81.
NGM:KVIX's Days Payable is ranked worse than 62.08% of 2600
companies
in the Software industry
Industry Median: 54.025
vs NGM:KVIX: 37.61
Kvix AB's Days Payable
increased
from Mar. 2025 (38.41) to Mar. 2026 (50.34).
It may suggest that Kvix ABdelayed paying its suppliers.
Kvix AB Days Payable Related Terms
Kvix AB Days Payable Historical Data
* Premium members only.
The historical data trend for Kvix 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:KVIX vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Kvix 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.
Kvix AB Days Payable vs Software Industry
For the Software industry and Technology sector, Kvix AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Kvix 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.
Kvix 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.
Kvix AB (NGM:KVIX) has a Days Payable of 50.34 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 Kvix AB and its competitors. This is 21% below median its historical median of 63.81. Over the past decade, Kvix AB's Days Payable has ranged from 37.61 to 238.84. According to the industry distribution chart, Kvix AB ranks #1614 out of 2600 companies in the Software industry, placing it in the top 62.1%.
Is Kvix AB's Days Payable too high?
Kvix AB's current Days Payable of 50.34 is 21% below median its 10-year median of 63.81. Over the past 10 years, this metric has ranged from a low of 37.61 to a high of 238.84. The Software industry median Days Payable is 54.03. Kvix AB's value of 50.34 is 6.8% below this industry median. Based on the distribution chart, Kvix AB ranks #1614 out of 2600 companies in the Software industry, which is below the industry midpoint. Overall, Kvix AB has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kvix AB's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Kvix AB ranks #1614 out of 2600 companies for Days Payable. This places Kvix AB in the lower half of its industry. The industry median Days Payable is 54.03. Kvix AB's value of 50.34 is 6.8% below this benchmark. Historically, Kvix AB's own Days Payable has ranged from 37.61 to 238.84 over the past decade. While the company's 10-year median is 63.81 vs. the industry median of 54.03, Kvix 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 54.03, based on 2,600 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. Kvix AB's current Days Payable of 50.34 is 6.8% 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 Kvix AB and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kvix AB's current Days Payable is 50.34, which is 21% below median its own 10-year median of 63.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kvix AB stock overvalued right now?
Based on GuruFocus' analysis, Kvix AB (NGM:KVIX) is currently considered Modestly Undervalued. The stock's GF Value™ is kr2.84, compared to a current price of kr2.53 — trading 10.9% below its estimated fair value. The current Days Payable is 50.34, which is 21% below median its 10-year median of 63.81 and 6.8% below the Software industry median of 54.03. Kvix AB's overall GF Score™ is 63/100 with 3 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 Kvix AB (NGM:KVIX), the current Days Payable is 50.34 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 Kvix AB (NGM:KVIX) Overvalued in 2026?
Based on GuruFocus' analysis, Kvix AB stock appears to be undervalued.
The current stock price of kr2.53 is trading 10.9% below its estimated GF Value™ of kr2.84.
GuruFocus considers Kvix AB to be Modestly Undervalued.
Key valuation signals for NGM:KVIX:
Days Payable: 50.34 (21% below median its 10-year median of 63.81)
GF Value™: kr2.84 vs. price of kr2.53 (10.9% below fair value)
Industry Position: 6.8% below the Software median (#1614 of 2600)
No single metric tells the full story. See the NGM:KVIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kvix AB is engaged in providing a platform for well-being through exercise - from yoga to strength training, breathing and mindfulness. It assists in finding balance in live workouts with others and monitoring the training journey. It also allows to interact with instructors and get live feedback if the users choose to share their camera image.
63GF Score
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