Nowonomics ABNGM:NOWO -2.52%61 Days Payable is 51.68 as of Mar. 2026, which is 75% below its 10-year median of 205.75. GuruFocus rates NGM:NOWO with a GF Score™ of 61/100 and a GF Value™ of kr5.12 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,605 Software companies, Nowonomics AB ranks worse than 62.61% on this metric.
The historical rank and industry rank for Nowonomics AB's Days Payable or its related term are showing as below:
NGM:NOWO'
s Days Payable Range Over the Past 10 Years
Min: 36.11 Med: 205.75 Max: 8899.46
Current: 36.11
During the past 7 years, Nowonomics AB's highest Days Payable was 8899.46. The lowest was 36.11. And the median was 205.75.
NGM:NOWO's Days Payable is ranked worse than 62.61% of 2605
companies
in the Software industry
Industry Median: 52.79
vs NGM:NOWO: 36.11
Nowonomics AB's Days Payable
declined
from Mar. 2025 (57.70) to Mar. 2026 (51.68).
It may suggest that Nowonomics ABaccelerated paying its suppliers.
Nowonomics AB Days Payable Related Terms
Nowonomics AB Days Payable Historical Data
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The historical data trend for Nowonomics 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:NOWO vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Nowonomics 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.
Nowonomics AB Days Payable vs Software Industry
For the Software industry and Technology sector, Nowonomics AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Nowonomics 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.
Nowonomics 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.
Nowonomics AB (NGM:NOWO) has a Days Payable of 51.68 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 Nowonomics AB and its competitors. This is 75% below median its historical median of 205.75. Over the past decade, Nowonomics AB's Days Payable has ranged from 36.11 to 8,899.46. According to the industry distribution chart, Nowonomics AB ranks #1631 out of 2605 companies in the Software industry, placing it in the top 62.6%.
Is Nowonomics AB's Days Payable too high?
Nowonomics AB's current Days Payable of 51.68 is 75% below median its 10-year median of 205.75. Over the past 10 years, this metric has ranged from a low of 36.11 to a high of 8,899.46. The Software industry median Days Payable is 52.79. Nowonomics AB's value of 51.68 is 2.1% below this industry median. Based on the distribution chart, Nowonomics AB ranks #1631 out of 2605 companies in the Software industry, which is below the industry midpoint. Overall, Nowonomics AB has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nowonomics AB's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Nowonomics AB ranks #1631 out of 2605 companies for Days Payable. This places Nowonomics AB in the lower half of its industry. The industry median Days Payable is 52.79. Nowonomics AB's value of 51.68 is 2.1% below this benchmark. Historically, Nowonomics AB's own Days Payable has ranged from 36.11 to 8,899.46 over the past decade. While the company's 10-year median is 205.75 vs. the industry median of 52.79, Nowonomics 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 52.79, based on 2,605 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. Nowonomics AB's current Days Payable of 51.68 is 2.1% 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 Nowonomics AB and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nowonomics AB's current Days Payable is 51.68, which is 75% below median its own 10-year median of 205.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nowonomics AB stock overvalued right now?
Based on GuruFocus' analysis, Nowonomics AB (NGM:NOWO) is currently considered Modestly Overvalued. The stock's GF Value™ is kr5.12, compared to a current price of kr5.80 — trading 13.3% above its estimated fair value. The current Days Payable is 51.68, which is 75% below median its 10-year median of 205.75 and 2.1% below the Software industry median of 52.79. Nowonomics AB's overall GF Score™ is 61/100 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 Nowonomics AB (NGM:NOWO), the current Days Payable is 51.68 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 Nowonomics AB (NGM:NOWO) Overvalued in 2026?
Based on GuruFocus' analysis, Nowonomics AB stock appears to be overvalued.
The current stock price of kr5.80 is trading 13.3% above its estimated GF Value™ of kr5.12.
GuruFocus considers Nowonomics AB to be Modestly Overvalued.
Key valuation signals for NGM:NOWO:
Days Payable: 51.68 (75% below median its 10-year median of 205.75)
GF Value™: kr5.12 vs. price of kr5.80 (13.3% above fair value)
Industry Position: 2.1% below the Software median (#1631 of 2605)
No single metric tells the full story. See the NGM:NOWO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nowonomics AB is a savings platform whose purpose is to help the user to manage the personal finances. It aims to promote savings before retirement and therefore develops its own tools and solutions together with partners to simplify, educate and help members to have a accessible financial solutions.
61GF Score
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