NSYS (Nortech Systems) Days Payable: 48.90 (As of Mar. 2026) — Near Median


NSYS Nortech Systems Inc NSYS
54 GF Score
Price $15.82
GF Value $9.25
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nortech Systems Days Payable?

Nortech Systems NSYS -2.65% 54 Days Payable is 48.90 as of Mar. 2026, which is 4% above its 10-year median of 47.10. GuruFocus rates NSYS with a GF Score™ of 54/100 and a GF Value™ of $9.25 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Nortech Systems ranks worse than 72.58% on this metric.

Nortech Systems's average Accounts Payable for the three months ended in Mar. 2026 was $13.7 Mil. Nortech Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was $25.6 Mil. Hence, Nortech Systems's Days Payable for the three months ended in Mar. 2026 was 48.90.

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

NSYS' s Days Payable Range Over the Past 10 Years
Min: 43.68   Med: 47.1   Max: 56.56
Current: 43.68

During the past 13 years, Nortech Systems's highest Days Payable was 56.56. The lowest was 43.68. And the median was 47.10.

NSYS's Days Payable is ranked worse than
72.58% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 68.07 vs NSYS: 43.68

Nortech Systems's Days Payable increased from Mar. 2025 (41.46) to Mar. 2026 (48.90). It may suggest that Nortech Systems delayed paying its suppliers.


Nortech Systems Days Payable Historical Data

* Premium members only.

The historical data trend for Nortech Systems'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.

Nortech Systems Days Payable Chart

Nortech Systems 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 44.01 44.17 48.23 45.06 44.35

Nortech Systems 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 41.46 38.84 42.31 44.25 48.90

NSYS vs ELUT, SRTS, MYO: Days Payable Comparison

For the Medical Devices subindustry, Nortech Systems'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.


Nortech Systems Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Nortech Systems's Days Payable falls into.


NSYS
54GF Score
Nortech Systems Inc NSYS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nortech Systems 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.

Nortech Systems'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
=( (11.582 + 12.809) / 2 ) / 100.359*365
=12.1955 / 100.359*365
=44.35

Nortech Systems'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
=( (12.809 + 14.645) / 2 ) / 25.614*365 / 4
=13.727 / 25.614*365 / 4
=48.90

* 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 48.90 mean?
Nortech Systems (NSYS) has a Days Payable of 48.90 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 Nortech Systems and its competitors. This is near median its historical median of 47.10. Over the past decade, Nortech Systems' Days Payable has ranged from 43.68 to 56.56. According to the industry distribution chart, Nortech Systems ranks #577 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 72.6%.
Is Nortech Systems' Days Payable too high?
Nortech Systems' current Days Payable of 48.90 is near median its 10-year median of 47.10. Over the past 10 years, this metric has ranged from a low of 43.68 to a high of 56.56. The Medical Devices & Instruments industry median Days Payable is 68.07. Nortech Systems' value of 48.90 is 28.2% below this industry median. Based on the distribution chart, Nortech Systems ranks #577 out of 795 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Nortech Systems has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nortech Systems' Days Payable compare to ELUT and SRTS?
According to the Medical Devices & Instruments industry distribution chart, Nortech Systems ranks #577 out of 795 companies for Days Payable. This places Nortech Systems in the lower half of its industry. The industry median Days Payable is 68.07. Nortech Systems' value of 48.90 is 28.2% below this benchmark. Historically, Nortech Systems' own Days Payable has ranged from 43.68 to 56.56 over the past decade. While the company's 10-year median is 47.10 vs. the industry median of 68.07, Nortech Systems has consistently been below 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. Nortech Systems's current Days Payable of 48.90 is 28.2% below 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 Nortech Systems and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nortech Systems's current Days Payable is 48.90, which is near median its own 10-year median of 47.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nortech Systems stock overvalued right now?
Based on GuruFocus' analysis, Nortech Systems (NSYS) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.25, compared to a current price of $15.82 — trading 71% above its estimated fair value. The current Days Payable is 48.90, which is near median its 10-year median of 47.10 and 28.2% below the Medical Devices & Instruments industry median of 68.07. Nortech Systems' overall GF Score™ is 54/100 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 Nortech Systems (NSYS), the current Days Payable is 48.90 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 Nortech Systems (NSYS) Overvalued in 2026?

Based on GuruFocus' analysis, Nortech Systems stock appears to be overvalued. The current stock price of $15.82 is trading 71% above its estimated GF Value™ of $9.25. GuruFocus considers Nortech Systems to be Significantly Overvalued.

Key valuation signals for NSYS:

  • Days Payable: 48.90 (near median its 10-year median of 47.10)
  • GF Value™: $9.25 vs. price of $15.82 (71% above fair value)
  • GF Score™: 54/100 with 8 warning signs
  • Industry Position: 28.2% below the Medical Devices & Instruments median (#577 of 795)

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


Nortech Systems Business Description

Address 7550 Meridian Circle North, Suite 150, Maple Grove, MN, USA, 55369
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical, and manufacturing services and support, including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense, and Industrial markets, with key revenue coming from medical-related markets.
54GF Score

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

$15.82
Price
$9.25
GF Value