Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
LightAir ABNGM:LAIR 34 Days Payable is 58.18 as of Dec. 2025, which is 8% above its 10-year median of 53.98. GuruFocus rates NGM:LAIR with a GF Score™ of 34/100 and a GF Value™ of kr0.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,993 Industrial Products companies, LightAir AB ranks worse than 60.24% on this metric.
The historical rank and industry rank for LightAir AB's Days Payable or its related term are showing as below:
NGM:LAIR'
s Days Payable Range Over the Past 10 Years
Min: 24.27 Med: 53.98 Max: 80.45
Current: 61.7
During the past 13 years, LightAir AB's highest Days Payable was 80.45. The lowest was 24.27. And the median was 53.98.
NGM:LAIR's Days Payable is ranked worse than 60.24% of 2993
companies
in the Industrial Products industry
Industry Median: 78.04
vs NGM:LAIR: 61.70
LightAir AB's Days Payable
increased
from Dec. 2024 (53.26) to Dec. 2025 (58.18).
It may suggest that LightAir ABdelayed paying its suppliers.
LightAir AB Days Payable Related Terms
LightAir AB Days Payable Historical Data
* Premium members only.
The historical data trend for LightAir 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:LAIR vs VLTO, ZWS, CECO: Days Payable Comparison
For the Pollution & Treatment Controls subindustry, LightAir 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.
LightAir AB Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, LightAir AB's Days Payable distribution charts can be found below:
* The bar in red indicates where LightAir 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.
LightAir 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.
LightAir AB (NGM:LAIR) has a Days Payable of 58.18 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 LightAir AB and its competitors. This is near median its historical median of 53.98. Over the past decade, LightAir AB's Days Payable has ranged from 24.27 to 80.45. According to the industry distribution chart, LightAir AB ranks #1803 out of 2993 companies in the Industrial Products industry, placing it in the top 60.2%.
Is LightAir AB's Days Payable too high?
LightAir AB's current Days Payable of 58.18 is near median its 10-year median of 53.98. Over the past 10 years, this metric has ranged from a low of 24.27 to a high of 80.45. The Industrial Products industry median Days Payable is 78.04. LightAir AB's value of 58.18 is 25.4% below this industry median. Based on the distribution chart, LightAir AB ranks #1803 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, LightAir AB has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, LightAir AB ranks #1803 out of 2993 companies for Days Payable. This places LightAir AB in the lower half of its industry. The industry median Days Payable is 78.04. LightAir AB's value of 58.18 is 25.4% below this benchmark. Historically, LightAir AB's own Days Payable has ranged from 24.27 to 80.45 over the past decade. While the company's 10-year median is 53.98 vs. the industry median of 78.04, LightAir 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. LightAir AB's current Days Payable of 58.18 is 25.4% 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 LightAir AB and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightAir AB's current Days Payable is 58.18, which is near median its own 10-year median of 53.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.69 — trading 146.4% above its estimated fair value. The current Days Payable is 58.18, which is near median its 10-year median of 53.98 and 25.4% below the Industrial Products industry median of 78.04. LightAir AB's overall GF Score™ is 34/100 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 LightAir AB (NGM:LAIR), the current Days Payable is 58.18 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 LightAir AB (NGM:LAIR) Overvalued in 2026?
Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued.
The current stock price of kr0.69 is trading 146.4% above its estimated GF Value™ of kr0.28.
GuruFocus considers LightAir AB to be Significantly Overvalued.
Key valuation signals for NGM:LAIR:
Days Payable: 58.18 (near median its 10-year median of 53.98)
GF Value™: kr0.28 vs. price of kr0.69 (146.4% above fair value)
Industry Position: 25.4% below the Industrial Products median (#1803 of 2993)
No single metric tells the full story. See the NGM:LAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
34GF Score
Get the complete analysis for NGM:LAIR
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:LAIR has been successfully added to your 
