NEL ASANLLSY 79 Days Payable is 138.90 as of Mar. 2026, which is 45% above its 10-year median of 95.85. GuruFocus rates NLLSY with a GF Score™ of 79/100 and a GF Value™ of $8.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,997 Industrial Products companies, NEL ASA ranks worse than 51.05% on this metric.
NEL ASA's average Accounts Payable for the
three
months ended in Mar. 2026 was $8.43 Mil. NEL ASA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $5.54 Mil.
Hence, NEL ASA's Days Payable for the
three
months ended in Mar. 2026 was 138.90.
The historical rank and industry rank for NEL ASA's Days Payable or its related term are showing as below:
NLLSY'
s Days Payable Range Over the Past 10 Years
Min: 70.97 Med: 95.85 Max: 114.29
Current: 75.77
During the past 13 years, NEL ASA's highest Days Payable was 114.29. The lowest was 70.97. And the median was 95.85.
NLLSY's Days Payable is ranked worse than 51.05% of 2997
companies
in the Industrial Products industry
Industry Median: 77.54
vs NLLSY: 75.77
NEL ASA's Days Payable
increased
from Mar. 2025 (124.81) to Mar. 2026 (138.90).
It may suggest that NEL ASAdelayed paying its suppliers.
NEL ASA Days Payable Related Terms
NEL ASA Days Payable Historical Data
* Premium members only.
The historical data trend for NEL ASA'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.
For the Specialty Industrial Machinery subindustry, NEL ASA'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.
NEL ASA Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NEL ASA's Days Payable distribution charts can be found below:
* The bar in red indicates where NEL ASA'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.
NEL ASA'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.
NEL ASA (NLLSY) has a Days Payable of 138.90 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 NEL ASA and its competitors. This is 45% above median its historical median of 95.85. Over the past decade, NEL ASA's Days Payable has ranged from 70.97 to 114.29. According to the industry distribution chart, NEL ASA ranks #1530 out of 2997 companies in the Industrial Products industry, placing it in the top 51.1%.
Is NEL ASA's Days Payable too high?
NEL ASA's current Days Payable of 138.90 is 45% above median its 10-year median of 95.85. Over the past 10 years, this metric has ranged from a low of 70.97 to a high of 114.29. The Industrial Products industry median Days Payable is 77.54. NEL ASA's value of 138.90 is 79.1% above this industry median. Based on the distribution chart, NEL ASA ranks #1530 out of 2997 companies in the Industrial Products industry, which is below the industry midpoint. Overall, NEL ASA has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NEL ASA ranks #1530 out of 2997 companies for Days Payable. This places NEL ASA in the lower half of its industry. The industry median Days Payable is 77.54. NEL ASA's value of 138.90 is 79.1% above this benchmark. Historically, NEL ASA's own Days Payable has ranged from 70.97 to 114.29 over the past decade. While the company's 10-year median is 95.85 vs. the industry median of 77.54, NEL ASA 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. NEL ASA's current Days Payable of 138.90 is 79.1% 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 NEL ASA and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEL ASA's current Days Payable is 138.90, which is 45% above median its own 10-year median of 95.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEL ASA stock overvalued right now?
Based on GuruFocus' analysis, NEL ASA (NLLSY) is currently considered Fairly Valued. The stock's GF Value™ is $8.22, compared to a current price of $7.76 — trading 5.6% below its estimated fair value. The current Days Payable is 138.90, which is 45% above median its 10-year median of 95.85 and 79.1% above the Industrial Products industry median of 77.54. NEL ASA's overall GF Score™ is 79/100 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 NEL ASA (NLLSY), the current Days Payable is 138.90 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 NEL ASA (NLLSY) Overvalued in 2026?
Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued.
The current stock price of $7.76 is trading 5.6% below its estimated GF Value™ of $8.22.
GuruFocus considers NEL ASA to be Fairly Valued.
Key valuation signals for NLLSY:
Days Payable: 138.90 (45% above median its 10-year median of 95.85)
GF Value™: $8.22 vs. price of $7.76 (5.6% below fair value)
Industry Position: 79.1% above the Industrial Products median (#1530 of 2997)
No single metric tells the full story. See the NLLSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NEL ASA is a hydrogen company delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser. Nel Alkaline Electrolyser is a supplier of hydrogen production equipment based on alkaline water electrolysis technology.
79GF Score
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