NRDXF (Nordex SE) Days Payable: 166.77 (As of Mar. 2026) — 78% Above Median


NRDXF Nordex SE NRDXF
58 GF Score
Price $50.60
GF Value $16.55
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nordex SE Days Payable?

Nordex SE NRDXF 58 Days Payable is 166.77 as of Mar. 2026, which is 78% above its 10-year median of 93.79. GuruFocus rates NRDXF with a GF Score™ of 58/100 and a GF Value™ of $16.55 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,992 Industrial Products companies, Nordex SE ranks better than 65.17% on this metric.

Nordex SE's average Accounts Payable for the three months ended in Mar. 2026 was $2,370 Mil. Nordex SE's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,297 Mil. Hence, Nordex SE's Days Payable for the three months ended in Mar. 2026 was 166.77.

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

NRDXF' s Days Payable Range Over the Past 10 Years
Min: 45.09   Med: 93.79   Max: 125.16
Current: 110.95

During the past 13 years, Nordex SE's highest Days Payable was 125.16. The lowest was 45.09. And the median was 93.79.

NRDXF's Days Payable is ranked better than
65.17% of 2992 companies
in the Industrial Products industry
Industry Median: 78.08 vs NRDXF: 110.95

Nordex SE's Days Payable increased from Mar. 2025 (134.88) to Mar. 2026 (166.77). It may suggest that Nordex SE delayed paying its suppliers.


Nordex SE Days Payable Historical Data

* Premium members only.

The historical data trend for Nordex SE'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.

Nordex SE Days Payable Chart

Nordex SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.44 91.84 104.28 107.51 119.37

Nordex SE 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 134.88 89.42 108.50 92.12 166.77

NRDXF vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Nordex SE'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.


Nordex SE Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordex SE's Days Payable distribution charts can be found below:

* The bar in red indicates where Nordex SE's Days Payable falls into.


NRDXF
58GF Score
Nordex SE NRDXF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordex SE 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.

Nordex SE'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
=( (1735.098 + 2488.514) / 2 ) / 6457.557*365
=2111.806 / 6457.557*365
=119.37

Nordex SE'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
=( (2488.514 + 2251.029) / 2 ) / 1296.655*365 / 4
=2369.7715 / 1296.655*365 / 4
=166.77

* 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 166.77 mean?
Nordex SE (NRDXF) has a Days Payable of 166.77 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 Nordex SE and its competitors. This is 78% above median its historical median of 93.79. Over the past decade, Nordex SE's Days Payable has ranged from 45.09 to 125.16. According to the industry distribution chart, Nordex SE ranks #1042 out of 2992 companies in the Industrial Products industry, placing it in the top 34.8%.
Is Nordex SE's Days Payable too high?
Nordex SE's current Days Payable of 166.77 is 78% above median its 10-year median of 93.79. Over the past 10 years, this metric has ranged from a low of 45.09 to a high of 125.16. The Industrial Products industry median Days Payable is 78.08. Nordex SE's value of 166.77 is 113.6% above this industry median. Based on the distribution chart, Nordex SE ranks #1042 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nordex SE has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordex SE's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nordex SE ranks #1042 out of 2992 companies for Days Payable. This puts Nordex SE in the upper half of its industry. The industry median Days Payable is 78.08. Nordex SE's value of 166.77 is 113.6% above this benchmark. Historically, Nordex SE's own Days Payable has ranged from 45.09 to 125.16 over the past decade. While the company's 10-year median is 93.79 vs. the industry median of 78.08, Nordex SE 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 78.08, based on 2,992 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. Nordex SE's current Days Payable of 166.77 is 113.6% 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 Nordex SE and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordex SE's current Days Payable is 166.77, which is 78% above median its own 10-year median of 93.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordex SE stock overvalued right now?
Based on GuruFocus' analysis, Nordex SE (NRDXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.55, compared to a current price of $50.60 — trading 205.7% above its estimated fair value. The current Days Payable is 166.77, which is 78% above median its 10-year median of 93.79 and 113.6% above the Industrial Products industry median of 78.08. Nordex SE's overall GF Score™ is 58/100 with 8 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 Nordex SE (NRDXF), the current Days Payable is 166.77 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 Nordex SE (NRDXF) Overvalued in 2026?

Based on GuruFocus' analysis, Nordex SE stock appears to be overvalued. The current stock price of $50.60 is trading 205.7% above its estimated GF Value™ of $16.55. GuruFocus considers Nordex SE to be Significantly Overvalued.

Key valuation signals for NRDXF:

  • Days Payable: 166.77 (78% above median its 10-year median of 93.79)
  • GF Value™: $16.55 vs. price of $50.60 (205.7% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 113.6% above the Industrial Products median (#1042 of 2992)

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


Nordex SE Business Description

Address Langenhorner Chaussee 600, Hamburg, DEU, 22419
Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The Projects segment includes all activities associated with the development, production, assembly, and commissioning of wind turbines, including project development. The Services segment provides services and products for turbines, which have been handed over to the customer, such as maintenance, remote monitoring of wind farms, repairs, technical and efficiency enhancements for existing turbines. The majority of the company's revenue is generated from the Projects segment. Geographically, it operates across different markets in Europe, North America, Latin America, and the Rest of the World.
58GF Score

Get the complete analysis for NRDXF

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

$50.60
Price
$16.55
GF Value