Norse Atlantic ASANRSAF 29 Days Payable is 97.97 as of Mar. 2026, which is 39% above its 10-year median of 70.70. GuruFocus rates NRSAF with a GF Score™ of 29/100 and a GF Value™ of $0.36 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 964 Transportation companies, Norse Atlantic ASA ranks better than 77.28% on this metric.
The historical rank and industry rank for Norse Atlantic ASA's Days Payable or its related term are showing as below:
NRSAF'
s Days Payable Range Over the Past 10 Years
Min: 45.98 Med: 70.7 Max: 140.19
Current: 82.72
During the past 5 years, Norse Atlantic ASA's highest Days Payable was 140.19. The lowest was 45.98. And the median was 70.70.
NRSAF's Days Payable is ranked better than 77.28% of 964
companies
in the Transportation industry
Industry Median: 38.985
vs NRSAF: 82.72
Norse Atlantic ASA's Days Payable
declined
from Mar. 2025 (108.72) to Mar. 2026 (97.97).
It may suggest that Norse Atlantic ASAaccelerated paying its suppliers.
Norse Atlantic ASA Days Payable Related Terms
Norse Atlantic ASA Days Payable Historical Data
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The historical data trend for Norse Atlantic 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 Airlines subindustry, Norse Atlantic 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.
Norse Atlantic ASA Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Norse Atlantic ASA's Days Payable distribution charts can be found below:
* The bar in red indicates where Norse Atlantic 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.
Norse Atlantic 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.
Norse Atlantic ASA (NRSAF) has a Days Payable of 97.97 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 Norse Atlantic ASA and its competitors. This is 39% above median its historical median of 70.70. Over the past decade, Norse Atlantic ASA's Days Payable has ranged from 45.98 to 140.19. According to the industry distribution chart, Norse Atlantic ASA ranks #219 out of 964 companies in the Transportation industry, placing it in the top 22.7%.
Is Norse Atlantic ASA's Days Payable too high?
Norse Atlantic ASA's current Days Payable of 97.97 is 39% above median its 10-year median of 70.70. Over the past 10 years, this metric has ranged from a low of 45.98 to a high of 140.19. The Transportation industry median Days Payable is 38.99. Norse Atlantic ASA's value of 97.97 is 151.3% above this industry median. Based on the distribution chart, Norse Atlantic ASA ranks #219 out of 964 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Norse Atlantic ASA has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norse Atlantic ASA's Days Payable compare to DAL and UAL?
According to the Transportation industry distribution chart, Norse Atlantic ASA ranks #219 out of 964 companies for Days Payable. This places Norse Atlantic ASA in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.99. Norse Atlantic ASA's value of 97.97 is 151.3% above this benchmark. Historically, Norse Atlantic ASA's own Days Payable has ranged from 45.98 to 140.19 over the past decade. While the company's 10-year median is 70.70 vs. the industry median of 38.99, Norse Atlantic 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 a Transportation company?
The median Days Payable among Transportation companies is 38.99, based on 964 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. Norse Atlantic ASA's current Days Payable of 97.97 is 151.3% 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 Norse Atlantic ASA and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norse Atlantic ASA's current Days Payable is 97.97, which is 39% above median its own 10-year median of 70.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norse Atlantic ASA stock overvalued right now?
Based on GuruFocus' analysis, Norse Atlantic ASA (NRSAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.36, compared to a current price of $0.06 — trading 83.9% below its estimated fair value. The current Days Payable is 97.97, which is 39% above median its 10-year median of 70.70 and 151.3% above the Transportation industry median of 38.99. Norse Atlantic ASA's overall GF Score™ is 29/100 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 Norse Atlantic ASA (NRSAF), the current Days Payable is 97.97 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 Norse Atlantic ASA (NRSAF) Overvalued in 2026?
Based on GuruFocus' analysis, Norse Atlantic ASA stock appears to be undervalued.
The current stock price of $0.06 is trading 83.9% below its estimated GF Value™ of $0.36.
GuruFocus considers Norse Atlantic ASA to be Possible Value Trap.
Key valuation signals for NRSAF:
Days Payable: 97.97 (39% above median its 10-year median of 70.70)
GF Value™: $0.36 vs. price of $0.06 (83.9% below fair value)
Industry Position: 151.3% above the Transportation median (#219 of 964)
No single metric tells the full story. See the NRSAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norse Atlantic ASA is an airline offering affordable fares on direct, long-haul flights to popular destinations, along with specialized charter and ACMI services for tailored travel needs and extensive cargo operations. It operates a modern fleet of various fuel-efficient Boeing 787 Dreamliners, serving a network of destinations across North America, Europe, Africa, and Asia. Norse also provides charter flights for third parties, particularly during the lower-demand winter season. The company derives the majority of its revenue from passenger airfare income, followed by ancillary passenger income, lease rentals, charter income, and other sources. Geographically, it generates maximum revenue from the United States, and the rest from the United Kingdom, the Rest of Europe, Norway, and India.
29GF Score
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