NTIC (Northern Technologies International) Days Payable: 57.87 (As of Feb. 2026) — 38% Above Median


NTIC Northern Technologies International Corp NTIC
56 GF Score
Price $8.63
GF Value $13.76
Valuation Possible Value Trap
! 4 Warning Signs
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What is Northern Technologies International Days Payable?

Northern Technologies International NTIC -1.71% 56 Days Payable is 57.87 as of Feb. 2026, which is 38% above its 10-year median of 41.81. GuruFocus rates NTIC with a GF Score™ of 56/100 and a GF Value™ of $13.76 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,550 Chemicals companies, Northern Technologies International ranks worse than 57.55% on this metric.

Northern Technologies International's average Accounts Payable for the three months ended in Feb. 2026 was $8.97 Mil. Northern Technologies International's Cost of Goods Sold for the three months ended in Feb. 2026 was $14.14 Mil. Hence, Northern Technologies International's Days Payable for the three months ended in Feb. 2026 was 57.87.

The historical rank and industry rank for Northern Technologies International's Days Payable or its related term are showing as below:

NTIC' s Days Payable Range Over the Past 10 Years
Min: 35.16   Med: 41.81   Max: 52.59
Current: 52.59

During the past 13 years, Northern Technologies International's highest Days Payable was 52.59. The lowest was 35.16. And the median was 41.81.

NTIC's Days Payable is ranked worse than
57.55% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs NTIC: 52.59

Northern Technologies International's Days Payable increased from Feb. 2025 (51.34) to Feb. 2026 (57.87). It may suggest that Northern Technologies International delayed paying its suppliers.


Northern Technologies International Days Payable Related Terms


Northern Technologies International Days Payable Historical Data

* Premium members only.

The historical data trend for Northern Technologies International'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.

Northern Technologies International Days Payable Chart

Northern Technologies International Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.05 43.18 48.52 44.31 50.13

Northern Technologies International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 51.34 49.88 50.30 54.14 57.87

NTIC vs FSI, FEAM, KBLB: Days Payable Comparison

For the Specialty Chemicals subindustry, Northern Technologies International'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.


Northern Technologies International Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Northern Technologies International's Days Payable distribution charts can be found below:

* The bar in red indicates where Northern Technologies International's Days Payable falls into.


NTIC
56GF Score
Northern Technologies International Corp NTIC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Technologies International 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.

Northern Technologies International's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (6.393 + 8.044) / 2 ) / 52.557*365
=7.2185 / 52.557*365
=50.13

Northern Technologies International's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (9.665 + 8.269) / 2 ) / 14.139*365 / 4
=8.967 / 14.139*365 / 4
=57.87

* 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 57.87 mean?
Northern Technologies International (NTIC) has a Days Payable of 57.87 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Northern Technologies International and its competitors. This is 38% above median its historical median of 41.81. Over the past decade, Northern Technologies International's Days Payable has ranged from 35.16 to 52.59. According to the industry distribution chart, Northern Technologies International ranks #892 out of 1550 companies in the Chemicals industry, placing it in the top 57.5%.
Is Northern Technologies International's Days Payable too high?
Northern Technologies International's current Days Payable of 57.87 is 38% above median its 10-year median of 41.81. Over the past 10 years, this metric has ranged from a low of 35.16 to a high of 52.59. The Chemicals industry median Days Payable is 59.80. Northern Technologies International's value of 57.87 is 3.2% below this industry median. Based on the distribution chart, Northern Technologies International ranks #892 out of 1550 companies in the Chemicals industry, which is below the industry midpoint. Overall, Northern Technologies International has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Technologies International's Days Payable compare to FSI and FEAM?
According to the Chemicals industry distribution chart, Northern Technologies International ranks #892 out of 1550 companies for Days Payable. This places Northern Technologies International in the lower half of its industry. The industry median Days Payable is 59.80. Northern Technologies International's value of 57.87 is 3.2% below this benchmark. Historically, Northern Technologies International's own Days Payable has ranged from 35.16 to 52.59 over the past decade. While the company's 10-year median is 41.81 vs. the industry median of 59.80, Northern Technologies International 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 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. Northern Technologies International's current Days Payable of 57.87 is 3.2% 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 Northern Technologies International and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Technologies International's current Days Payable is 57.87, which is 38% above median its own 10-year median of 41.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Northern Technologies International (NTIC) is currently considered Possible Value Trap. The stock's GF Value™ is $13.76, compared to a current price of $8.63 — trading 37.3% below its estimated fair value. The current Days Payable is 57.87, which is 38% above median its 10-year median of 41.81 and 3.2% below the Chemicals industry median of 59.80. Northern Technologies International's overall GF Score™ is 56/100 with 4 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 Northern Technologies International (NTIC), the current Days Payable is 57.87 as of Feb. 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 Northern Technologies International (NTIC) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Technologies International stock appears to be undervalued. The current stock price of $8.63 is trading 37.3% below its estimated GF Value™ of $13.76. GuruFocus considers Northern Technologies International to be Possible Value Trap.

Key valuation signals for NTIC:

  • Days Payable: 57.87 (38% above median its 10-year median of 41.81)
  • GF Value™: $13.76 vs. price of $8.63 (37.3% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 3.2% below the Chemicals median (#892 of 1550)

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


Northern Technologies International Business Description

Address 4201 Woodland Road, P.O. Box 69, Circle Pines, MN, USA, 55014
Northern Technologies International Corp is a United States-based firm that develops and markets proprietary, environmentally beneficial products and services world wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments, which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company. The company generates the majority of its revenue in the United States.
56GF Score

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

$8.63
Price
$13.76
GF Value