Nowonomics AB (NGM:NOWO) Days Payable: 72.46 (As of Jun. 2026) — 65% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NGM:NOWO Nowonomics AB NGM:NOWO
56 GF Score
Price kr5.30
GF Value kr8.07
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Nowonomics AB Days Payable?

Nowonomics AB NGM:NOWO +2.91% 56 Days Payable is 72.46 as of Jun. 2026, which is 65% below its 10-year median of 205.75. GuruFocus rates NGM:NOWO with a GF Score™ of 56/100 and a GF Value™ of kr8.07 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,608 Software companies, Nowonomics AB ranks worse than 56.21% on this metric.

Nowonomics AB's average Accounts Payable for the three months ended in Jun. 2026 was kr1.35 Mil. Nowonomics AB's Cost of Goods Sold for the three months ended in Jun. 2026 was kr1.70 Mil. Hence, Nowonomics AB's Days Payable for the three months ended in Jun. 2026 was 72.46.

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: 42.26   Med: 205.75   Max: 8899.46
Current: 42.26

During the past 7 years, Nowonomics AB's highest Days Payable was 8899.46. The lowest was 42.26. And the median was 205.75.

NGM:NOWO's Days Payable is ranked worse than
56.21% of 2608 companies
in the Software industry
Industry Median: 51.815 vs NGM:NOWO: 42.26

Nowonomics AB's Days Payable increased from Jun. 2025 (43.09) to Jun. 2026 (72.46). It may suggest that Nowonomics AB delayed paying its suppliers.


Nowonomics AB Days Payable Historical Data

* Premium members only.

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.

Nowonomics AB Days Payable Chart

Nowonomics AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 8,899.46 205.75 51.54 60.68 47.34

Nowonomics AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 43.09 35.49 21.54 51.68 72.46

NGM:NOWO vs QH, SHOP, UBER: 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.


NGM:NOWO
56GF Score
Nowonomics AB NGM:NOWO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nowonomics AB 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.

Nowonomics AB'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
=( (1.25 + 1.052) / 2 ) / 8.875*365
=1.151 / 8.875*365
=47.34

Nowonomics AB's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1.1 + 1.6) / 2 ) / 1.7*365 / 4
=1.35 / 1.7*365 / 4
=72.46

* 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 72.46 mean?
Nowonomics AB (NGM:NOWO) has a Days Payable of 72.46 as of Jun. 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 65% below median its historical median of 205.75. Over the past decade, Nowonomics AB's Days Payable has ranged from 42.26 to 8,899.46. According to the industry distribution chart, Nowonomics AB ranks #1466 out of 2608 companies in the Software industry, placing it in the top 56.2%.
Is Nowonomics AB's Days Payable too high?
Nowonomics AB's current Days Payable of 72.46 is 65% below median its 10-year median of 205.75. Over the past 10 years, this metric has ranged from a low of 42.26 to a high of 8,899.46. The Software industry median Days Payable is 51.82. Nowonomics AB's value of 72.46 is 39.8% above this industry median. Based on the distribution chart, Nowonomics AB ranks #1466 out of 2608 companies in the Software industry, which is below the industry midpoint. Overall, Nowonomics AB has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nowonomics AB's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Nowonomics AB ranks #1466 out of 2608 companies for Days Payable. This places Nowonomics AB in the lower half of its industry. The industry median Days Payable is 51.82. Nowonomics AB's value of 72.46 is 39.8% above this benchmark. Historically, Nowonomics AB's own Days Payable has ranged from 42.26 to 8,899.46 over the past decade. While the company's 10-year median is 205.75 vs. the industry median of 51.82, Nowonomics AB has consistently been above 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 51.82, based on 2,608 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 72.46 is 39.8% above 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 51.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nowonomics AB's current Days Payable is 72.46, which is 65% 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 Possible Value Trap. The stock's GF Value™ is kr8.07, compared to a current price of kr5.30 — trading 34.3% below its estimated fair value. The current Days Payable is 72.46, which is 65% below median its 10-year median of 205.75 and 39.8% above the Software industry median of 51.82. Nowonomics AB's overall GF Score™ is 56/100 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 Nowonomics AB (NGM:NOWO), the current Days Payable is 72.46 as of Jun. 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 undervalued. The current stock price of kr5.30 is trading 34.3% below its estimated GF Value™ of kr8.07. GuruFocus considers Nowonomics AB to be Possible Value Trap.

Key valuation signals for NGM:NOWO:

  • Days Payable: 72.46 (65% below median its 10-year median of 205.75)
  • GF Value™: kr8.07 vs. price of kr5.30 (34.3% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 39.8% above the Software median (#1466 of 2608)

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 Business Description

Address Artillerigatan 42, Stockholm, SWE, 114 45
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.
56GF Score

Get the complete analysis for NGM:NOWO

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

kr5.30
Price
kr8.07
GF Value