Ennogie Solar Group AS (OCSE:ESG) Days Payable: 519.06 (As of Mar. 2026) — 323% Above Median


OCSE:ESG Ennogie Solar Group AS OCSE:ESG
43 GF Score
Price kr3.37
GF Value kr6.42
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ennogie Solar Group AS Days Payable?

Ennogie Solar Group AS OCSE:ESG +0.90% 43 Days Payable is 519.06 as of Mar. 2026, which is 323% above its 10-year median of 122.67. GuruFocus rates OCSE:ESG with a GF Score™ of 43/100 and a GF Value™ of kr6.42 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 996 Semiconductors companies, Ennogie Solar Group AS ranks better than 83.53% on this metric.

Ennogie Solar Group AS's average Accounts Payable for the three months ended in Mar. 2026 was kr13.94 Mil. Ennogie Solar Group AS's Cost of Goods Sold for the three months ended in Mar. 2026 was kr2.45 Mil. Hence, Ennogie Solar Group AS's Days Payable for the three months ended in Mar. 2026 was 519.06.

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

OCSE:ESG' s Days Payable Range Over the Past 10 Years
Min: 33.68   Med: 122.67   Max: 148.02
Current: 131.11

During the past 13 years, Ennogie Solar Group AS's highest Days Payable was 148.02. The lowest was 33.68. And the median was 122.67.

OCSE:ESG's Days Payable is ranked better than
83.53% of 996 companies
in the Semiconductors industry
Industry Median: 52.98 vs OCSE:ESG: 131.11

Ennogie Solar Group AS's Days Payable increased from Mar. 2025 (256.29) to Mar. 2026 (519.06). It may suggest that Ennogie Solar Group AS delayed paying its suppliers.


Ennogie Solar Group AS Days Payable Historical Data

* Premium members only.

The historical data trend for Ennogie Solar Group 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.

Ennogie Solar Group AS Days Payable Chart

Ennogie Solar Group 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 124.80 33.68 41.91 122.67 148.02

Ennogie Solar Group 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 256.29 249.06 141.64 63.56 519.06

OCSE:ESG vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Ennogie Solar Group 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.


Ennogie Solar Group AS Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ennogie Solar Group AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Ennogie Solar Group AS's Days Payable falls into.


OCSE:ESG
43GF Score
Ennogie Solar Group AS OCSE:ESG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ennogie Solar Group 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.

Ennogie Solar Group 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
=( (7.603 + 16.282) / 2 ) / 29.448*365
=11.9425 / 29.448*365
=148.02

Ennogie Solar Group 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
=( (16.282 + 11.591) / 2 ) / 2.45*365 / 4
=13.9365 / 2.45*365 / 4
=519.06

* 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 519.06 mean?
Ennogie Solar Group AS (OCSE:ESG) has a Days Payable of 519.06 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 Ennogie Solar Group AS and its competitors. This is 323% above median its historical median of 122.67. Over the past decade, Ennogie Solar Group AS's Days Payable has ranged from 33.68 to 148.02. According to the industry distribution chart, Ennogie Solar Group AS ranks #164 out of 996 companies in the Semiconductors industry, placing it in the top 16.5%.
Is Ennogie Solar Group AS's Days Payable too high?
Ennogie Solar Group AS's current Days Payable of 519.06 is 323% above median its 10-year median of 122.67. Over the past 10 years, this metric has ranged from a low of 33.68 to a high of 148.02. The Semiconductors industry median Days Payable is 52.98. Ennogie Solar Group AS's value of 519.06 is 879.7% above this industry median. Based on the distribution chart, Ennogie Solar Group AS ranks #164 out of 996 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Ennogie Solar Group AS has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ennogie Solar Group AS's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Ennogie Solar Group AS ranks #164 out of 996 companies for Days Payable. This places Ennogie Solar Group AS in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.98. Ennogie Solar Group AS's value of 519.06 is 879.7% above this benchmark. Historically, Ennogie Solar Group AS's own Days Payable has ranged from 33.68 to 148.02 over the past decade. While the company's 10-year median is 122.67 vs. the industry median of 52.98, Ennogie Solar Group 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 996 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. Ennogie Solar Group AS's current Days Payable of 519.06 is 879.7% 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 Ennogie Solar Group AS and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ennogie Solar Group AS's current Days Payable is 519.06, which is 323% above median its own 10-year median of 122.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ennogie Solar Group AS stock overvalued right now?
Based on GuruFocus' analysis, Ennogie Solar Group AS (OCSE:ESG) is currently considered Possible Value Trap. The stock's GF Value™ is kr6.42, compared to a current price of kr3.37 — trading 47.5% below its estimated fair value. The current Days Payable is 519.06, which is 323% above median its 10-year median of 122.67 and 879.7% above the Semiconductors industry median of 52.98. Ennogie Solar Group AS's overall GF Score™ is 43/100 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 Ennogie Solar Group AS (OCSE:ESG), the current Days Payable is 519.06 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 Ennogie Solar Group AS (OCSE:ESG) Overvalued in 2026?

Based on GuruFocus' analysis, Ennogie Solar Group AS stock appears to be undervalued. The current stock price of kr3.37 is trading 47.5% below its estimated GF Value™ of kr6.42. GuruFocus considers Ennogie Solar Group AS to be Possible Value Trap.

Key valuation signals for OCSE:ESG:

  • Days Payable: 519.06 (323% above median its 10-year median of 122.67)
  • GF Value™: kr6.42 vs. price of kr3.37 (47.5% below fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 879.7% above the Semiconductors median (#164 of 996)

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


Ennogie Solar Group AS Business Description

Other Exchanges B0W:Germany
Address Orebygardvej 16, Herning, DNK, 7400
Ennogie Solar Group AS is a developer and manufacturer of building-integrated solar roofs. The design of the Ennogie solar roof matches well both for new constructions and older buildings.
43GF Score

Get the complete analysis for OCSE:ESG

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

kr3.37
Price
kr6.42
GF Value