NORSF (Norsk Titanium AS) Days Payable: 72.63 (As of Dec. 2025) — 19% Below Median


NORSF Norsk Titanium AS NORSF
55 GF Score
Price $0.11
GF Value $0.11
Valuation Fairly Valued
! 7 Warning Signs
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What is Norsk Titanium AS Days Payable?

Norsk Titanium AS NORSF 55 Days Payable is 72.63 as of Dec. 2025, which is 19% below its 10-year median of 89.76. GuruFocus rates NORSF with a GF Score™ of 55/100 and a GF Value™ of $0.11 (Fairly Valued). The stock has 7 warning signs investors should review. Among 338 Aerospace & Defense companies, Norsk Titanium AS ranks worse than 50.59% on this metric.

Norsk Titanium AS's average Accounts Payable for the six months ended in Dec. 2025 was $1.52 Mil. Norsk Titanium AS's Cost of Goods Sold for the six months ended in Dec. 2025 was $3.83 Mil. Hence, Norsk Titanium AS's Days Payable for the six months ended in Dec. 2025 was 72.63.

The historical rank and industry rank for Norsk Titanium AS's Days Payable or its related term are showing as below:

NORSF' s Days Payable Range Over the Past 10 Years
Min: 56.46   Med: 89.76   Max: 242.64
Current: 64.65

During the past 8 years, Norsk Titanium AS's highest Days Payable was 242.64. The lowest was 56.46. And the median was 89.76.

NORSF's Days Payable is ranked worse than
50.59% of 338 companies
in the Aerospace & Defense industry
Industry Median: 64.875 vs NORSF: 64.65

Norsk Titanium AS's Days Payable increased from Dec. 2024 (60.57) to Dec. 2025 (72.63). It may suggest that Norsk Titanium AS delayed paying its suppliers.


Norsk Titanium AS Days Payable Historical Data

* Premium members only.

The historical data trend for Norsk Titanium AS'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.

Norsk Titanium AS Days Payable Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 99.87 85.57 67.85 62.90 53.25

Norsk Titanium AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 70.60 63.33 60.57 62.62 72.63

NORSF vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Norsk Titanium AS'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.


Norsk Titanium AS Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Norsk Titanium AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Norsk Titanium AS's Days Payable falls into.


NORSF
55GF Score
Norsk Titanium AS NORSF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Norsk Titanium AS 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.

Norsk Titanium AS'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
=( (1.371 + 1.14) / 2 ) / 8.605*365
=1.2555 / 8.605*365
=53.25

Norsk Titanium AS's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1.907 + 1.14) / 2 ) / 3.828*365 / 2
=1.5235 / 3.828*365 / 2
=72.63

* 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 72.63 mean?
Norsk Titanium AS (NORSF) has a Days Payable of 72.63 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 Norsk Titanium AS and its competitors. This is 19% below median its historical median of 89.76. Over the past decade, Norsk Titanium AS's Days Payable has ranged from 56.46 to 242.64. According to the industry distribution chart, Norsk Titanium AS ranks #171 out of 338 companies in the Aerospace & Defense industry, placing it in the top 50.6%.
Is Norsk Titanium AS's Days Payable too high?
Norsk Titanium AS's current Days Payable of 72.63 is 19% below median its 10-year median of 89.76. Over the past 10 years, this metric has ranged from a low of 56.46 to a high of 242.64. The Aerospace & Defense industry median Days Payable is 64.88. Norsk Titanium AS's value of 72.63 is 12% above this industry median. Based on the distribution chart, Norsk Titanium AS ranks #171 out of 338 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Norsk Titanium AS has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norsk Titanium AS's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Norsk Titanium AS ranks #171 out of 338 companies for Days Payable. This places Norsk Titanium AS in the lower half of its industry. The industry median Days Payable is 64.88. Norsk Titanium AS's value of 72.63 is 12% above this benchmark. Historically, Norsk Titanium AS's own Days Payable has ranged from 56.46 to 242.64 over the past decade. While the company's 10-year median is 89.76 vs. the industry median of 64.88, Norsk Titanium AS 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.88, based on 338 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. Norsk Titanium AS's current Days Payable of 72.63 is 12% 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 Norsk Titanium AS and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Titanium AS's current Days Payable is 72.63, which is 19% below median its own 10-year median of 89.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Titanium AS stock overvalued right now?
Based on GuruFocus' analysis, Norsk Titanium AS (NORSF) is currently considered Fairly Valued. The stock's GF Value™ is $0.11, compared to a current price of $0.11 — trading right at its estimated fair value. The current Days Payable is 72.63, which is 19% below median its 10-year median of 89.76 and 12% above the Aerospace & Defense industry median of 64.88. Norsk Titanium AS's overall GF Score™ is 55/100 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 Norsk Titanium AS (NORSF), the current Days Payable is 72.63 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 Norsk Titanium AS (NORSF) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Titanium AS stock appears to be undervalued. The current stock price of $0.11 is trading 0% below its estimated GF Value™ of $0.11. GuruFocus considers Norsk Titanium AS to be Fairly Valued.

Key valuation signals for NORSF:

  • Days Payable: 72.63 (19% below median its 10-year median of 89.76)
  • GF Value™: $0.11 vs. price of $0.11 (0% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 12% above the Aerospace & Defense median (#171 of 338)

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


Norsk Titanium AS Business Description

Other Exchanges NTI:Norway84F:Germany
Address Flyplassveien 20, Honefoss, NOR, 3514
Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows it to deliver value propositions and position itself for expansion into other markets. Geographically, the company generates revenue from Norway, Europe, and the USA.
55GF Score

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

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