NRKBF (NKT AS) Days Payable: 94.18 (As of Mar. 2026) — Near Median


NRKBF NKT AS NRKBF
80 GF Score
Price $158.30
GF Value $106.59
Valuation Significantly Overvalued
! 5 Warning Signs
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What is NKT AS Days Payable?

NKT AS NRKBF +25.23% 80 Days Payable is 94.18 as of Mar. 2026, which is 7% below its 10-year median of 101.38. GuruFocus rates NRKBF with a GF Score™ of 80/100 and a GF Value™ of $106.59 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,993 Industrial Products companies, NKT AS ranks better than 53.32% on this metric.

NKT AS's average Accounts Payable for the three months ended in Mar. 2026 was $671 Mil. NKT AS's Cost of Goods Sold for the three months ended in Mar. 2026 was $650 Mil. Hence, NKT AS's Days Payable for the three months ended in Mar. 2026 was 94.18.

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

NRKBF' s Days Payable Range Over the Past 10 Years
Min: 73.97   Med: 101.38   Max: 124.8
Current: 84.04

During the past 13 years, NKT AS's highest Days Payable was 124.80. The lowest was 73.97. And the median was 101.38.

NRKBF's Days Payable is ranked better than
53.32% of 2993 companies
in the Industrial Products industry
Industry Median: 78.08 vs NRKBF: 84.04

NKT AS's Days Payable increased from Mar. 2025 (84.26) to Mar. 2026 (94.18). It may suggest that NKT AS delayed paying its suppliers.


NKT AS Days Payable Historical Data

* Premium members only.

The historical data trend for NKT 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.

NKT AS Days Payable Chart

NKT AS 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 95.67 92.65 73.64 75.23 79.00

NKT AS 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 84.26 73.87 75.40 88.38 94.18

NRKBF vs VRT, BE, NVT: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, NKT 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.


NKT AS Days Payable vs Industrial Products Industry

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

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


NRKBF
80GF Score
NKT AS NRKBF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NKT 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.

NKT 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
=( (559.162 + 648.712) / 2 ) / 2790.398*365
=603.937 / 2790.398*365
=79.00

NKT AS'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
=( (648.712 + 692.486) / 2 ) / 649.711*365 / 4
=670.599 / 649.711*365 / 4
=94.18

* 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 94.18 mean?
NKT AS (NRKBF) has a Days Payable of 94.18 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 NKT AS and its competitors. This is near median its historical median of 101.38. Over the past decade, NKT AS's Days Payable has ranged from 73.97 to 124.80. According to the industry distribution chart, NKT AS ranks #1397 out of 2993 companies in the Industrial Products industry, placing it in the top 46.7%.
Is NKT AS's Days Payable too high?
NKT AS's current Days Payable of 94.18 is near median its 10-year median of 101.38. Over the past 10 years, this metric has ranged from a low of 73.97 to a high of 124.80. The Industrial Products industry median Days Payable is 78.08. NKT AS's value of 94.18 is 20.6% above this industry median. Based on the distribution chart, NKT AS ranks #1397 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, NKT AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKT AS's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, NKT AS ranks #1397 out of 2993 companies for Days Payable. This puts NKT AS in the upper half of its industry. The industry median Days Payable is 78.08. NKT AS's value of 94.18 is 20.6% above this benchmark. Historically, NKT AS's own Days Payable has ranged from 73.97 to 124.80 over the past decade. While the company's 10-year median is 101.38 vs. the industry median of 78.08, NKT 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,993 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. NKT AS's current Days Payable of 94.18 is 20.6% 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 NKT AS 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. NKT AS's current Days Payable is 94.18, which is near median its own 10-year median of 101.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKT AS stock overvalued right now?
Based on GuruFocus' analysis, NKT AS (NRKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $106.59, compared to a current price of $158.30 — trading 48.5% above its estimated fair value. The current Days Payable is 94.18, which is near median its 10-year median of 101.38 and 20.6% above the Industrial Products industry median of 78.08. NKT AS's overall GF Score™ is 80/100 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 NKT AS (NRKBF), the current Days Payable is 94.18 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 NKT AS (NRKBF) Overvalued in 2026?

Based on GuruFocus' analysis, NKT AS stock appears to be overvalued. The current stock price of $158.30 is trading 48.5% above its estimated GF Value™ of $106.59. GuruFocus considers NKT AS to be Significantly Overvalued.

Key valuation signals for NRKBF:

  • Days Payable: 94.18 (near median its 10-year median of 101.38)
  • GF Value™: $106.59 vs. price of $158.30 (48.5% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 20.6% above the Industrial Products median (#1397 of 2993)

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


NKT AS Business Description

Address Amerika Plads 29, Copenhagen, DNK, 2100
NKT AS is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.
80GF Score

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

$158.30
Price
$106.59
GF Value