Niutech Group (NGM:NIUTEC) Days Payable: 52.70 (As of Mar. 2026) — 40% Below Median


NGM:NIUTEC Niutech Group NGM:NIUTEC
29 GF Score
Price kr0.13
GF Value kr0.19
Valuation Possible Value Trap
! 7 Warning Signs
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What is Niutech Group Days Payable?

Niutech Group NGM:NIUTEC 29 Days Payable is 52.70 as of Mar. 2026, which is 40% below its 10-year median of 88.47. GuruFocus rates NGM:NIUTEC with a GF Score™ of 29/100 and a GF Value™ of kr0.19 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 996 Semiconductors companies, Niutech Group ranks better than 68.88% on this metric.

Niutech Group's average Accounts Payable for the three months ended in Mar. 2026 was kr8.4 Mil. Niutech Group's Cost of Goods Sold for the three months ended in Mar. 2026 was kr14.5 Mil. Hence, Niutech Group's Days Payable for the three months ended in Mar. 2026 was 52.70.

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

NGM:NIUTEC' s Days Payable Range Over the Past 10 Years
Min: 43.84   Med: 88.47   Max: 128.76
Current: 75.58

During the past 6 years, Niutech Group's highest Days Payable was 128.76. The lowest was 43.84. And the median was 88.47.

NGM:NIUTEC's Days Payable is ranked better than
68.88% of 996 companies
in the Semiconductors industry
Industry Median: 53.11 vs NGM:NIUTEC: 75.58

Niutech Group's Days Payable declined from Mar. 2025 (122.27) to Mar. 2026 (52.70). It may suggest that Niutech Group accelerated paying its suppliers.


Niutech Group Days Payable Historical Data

* Premium members only.

The historical data trend for Niutech Group'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.

Niutech Group Days Payable Chart

Niutech Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 43.84 123.97 128.76 88.21 88.72

Niutech Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 122.27 104.79 68.54 42.76 52.70

NGM:NIUTEC vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Niutech Group'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.


Niutech Group Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Niutech Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Niutech Group's Days Payable falls into.


NGM:NIUTEC
29GF Score
Niutech Group NGM:NIUTEC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Niutech Group 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.

Niutech Group'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
=( (38.549 + 6.813) / 2 ) / 93.312*365
=22.681 / 93.312*365
=88.72

Niutech Group's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (6.813 + 9.892) / 2 ) / 14.462*365 / 4
=8.3525 / 14.462*365 / 4
=52.70

* 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 52.70 mean?
Niutech Group (NGM:NIUTEC) has a Days Payable of 52.70 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 Niutech Group and its competitors. This is 40% below median its historical median of 88.47. Over the past decade, Niutech Group's Days Payable has ranged from 43.84 to 128.76. According to the industry distribution chart, Niutech Group ranks #310 out of 996 companies in the Semiconductors industry, placing it in the top 31.1%.
Is Niutech Group's Days Payable too high?
Niutech Group's current Days Payable of 52.70 is 40% below median its 10-year median of 88.47. Over the past 10 years, this metric has ranged from a low of 43.84 to a high of 128.76. The Semiconductors industry median Days Payable is 53.11. Niutech Group's value of 52.70 is 0.8% below this industry median. Based on the distribution chart, Niutech Group ranks #310 out of 996 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Niutech Group has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Niutech Group's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Niutech Group ranks #310 out of 996 companies for Days Payable. This puts Niutech Group in the upper half of its industry. The industry median Days Payable is 53.11. Niutech Group's value of 52.70 is 0.8% below this benchmark. Historically, Niutech Group's own Days Payable has ranged from 43.84 to 128.76 over the past decade. While the company's 10-year median is 88.47 vs. the industry median of 53.11, Niutech Group 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.11, based on 996 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. Niutech Group's current Days Payable of 52.70 is 0.8% 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 Niutech Group and its competitors. For the Semiconductors industry, the median Days Payable is 53.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niutech Group's current Days Payable is 52.70, which is 40% below median its own 10-year median of 88.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niutech Group stock overvalued right now?
Based on GuruFocus' analysis, Niutech Group (NGM:NIUTEC) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.19, compared to a current price of kr0.13 — trading 31.1% below its estimated fair value. The current Days Payable is 52.70, which is 40% below median its 10-year median of 88.47 and 0.8% below the Semiconductors industry median of 53.11. Niutech Group's overall GF Score™ is 29/100 with 7 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 Niutech Group (NGM:NIUTEC), the current Days Payable is 52.70 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 Niutech Group (NGM:NIUTEC) Overvalued in 2026?

Based on GuruFocus' analysis, Niutech Group stock appears to be undervalued. The current stock price of kr0.13 is trading 31.1% below its estimated GF Value™ of kr0.19. GuruFocus considers Niutech Group to be Possible Value Trap.

Key valuation signals for NGM:NIUTEC:

  • Days Payable: 52.70 (40% below median its 10-year median of 88.47)
  • GF Value™: kr0.19 vs. price of kr0.13 (31.1% below fair value)
  • GF Score™: 29/100 with 7 warning signs
  • Industry Position: 0.8% below the Semiconductors median (#310 of 996)

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


Niutech Group Business Description

Address Segelbatsvagen 7, Stockholm, SWE, 11264
Niutech Group sells and installs innovative solutions within green digital infrastructure that accelerate the transition to efficient and fossil-free energy solutions. It offer includes solutions within digital infrastructure, solar energy and electrical installation.
29GF Score

Get the complete analysis for NGM:NIUTEC

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

kr0.13
Price
kr0.19
GF Value