Flugger Group AS (OCSE:FLUG B) Days Payable: 40.09 (As of Apr. 2026) — 47% Below Median

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OCSE:FLUG B Flugger Group AS OCSE:FLUG B
78 GF Score
Price kr365.00
GF Value kr358.99
Valuation Fairly Valued
! 1 Warning Sign
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What is Flugger Group AS Days Payable?

Flugger Group AS OCSE:FLUG B -2.14% 78 Days Payable is 40.09 as of Apr. 2026, which is 47% below its 10-year median of 75.02. GuruFocus rates OCSE:FLUG B with a GF Score™ of 78/100 and a GF Value™ of kr358.99 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,569 Chemicals companies, Flugger Group AS ranks better than 62.01% on this metric.

Flugger Group AS's average Accounts Payable for the six months ended in Apr. 2026 was kr210 Mil. Flugger Group AS's Cost of Goods Sold for the six months ended in Apr. 2026 was kr478 Mil. Hence, Flugger Group AS's Days Payable for the six months ended in Apr. 2026 was 80.18.

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

OCSE:FLUG B' s Days Payable Range Over the Past 10 Years
Min: 68.85   Med: 75.02   Max: 88.75
Current: 74.09

During the past 13 years, Flugger Group AS's highest Days Payable was 88.75. The lowest was 68.85. And the median was 75.02.

OCSE:FLUG B's Days Payable is ranked better than
62.01% of 1569 companies
in the Chemicals industry
Industry Median: 59.25 vs OCSE:FLUG B: 74.09

Flugger Group AS's Days Payable increased from Apr. 2025 (36.67) to Apr. 2026 (40.09). It may suggest that Flugger Group AS delayed paying its suppliers.


Flugger Group AS Days Payable Historical Data

* Premium members only.

The historical data trend for Flugger 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.

Flugger Group AS Days Payable Chart

Flugger Group AS Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.66 79.96 67.48 61.14 68.99

Flugger Group AS Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 59.73 31.12 36.67 32.77 40.09

OCSE:FLUG B vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Flugger 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.


Flugger Group AS Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flugger Group AS's Days Payable distribution charts can be found below:

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


OCSE:FLUG B
78GF Score
Flugger Group AS OCSE:FLUG B
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Flugger 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.

Flugger Group AS's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as

Days Payable (A: Apr. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2025 ) + Accounts Payable (A: Apr. 2026 )) / count ) / Cost of Goods Sold (A: Apr. 2026 )*Days in Period
=( (206 + 231) / 2 ) / 1156*365
=218.5 / 1156*365
=68.99

Flugger Group AS's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2025 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (189 + 231) / 2 ) / 478*365 / 2
=210 / 478*365 / 2
=80.18

* 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 40.09 mean?
Flugger Group AS (OCSE:FLUG B) has a Days Payable of 40.09 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Flugger Group AS and its competitors. This is 47% below median its historical median of 75.02. Over the past decade, Flugger Group AS's Days Payable has ranged from 68.85 to 88.75. According to the industry distribution chart, Flugger Group AS ranks #596 out of 1569 companies in the Chemicals industry, placing it in the top 38%.
Is Flugger Group AS's Days Payable too high?
Flugger Group AS's current Days Payable of 40.09 is 47% below median its 10-year median of 75.02. Over the past 10 years, this metric has ranged from a low of 68.85 to a high of 88.75. The Chemicals industry median Days Payable is 59.25. Flugger Group AS's value of 40.09 is 32.3% below this industry median. Based on the distribution chart, Flugger Group AS ranks #596 out of 1569 companies in the Chemicals industry, which is above the industry midpoint. Overall, Flugger Group AS has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flugger Group AS's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Flugger Group AS ranks #596 out of 1569 companies for Days Payable. This puts Flugger Group AS in the upper half of its industry. The industry median Days Payable is 59.25. Flugger Group AS's value of 40.09 is 32.3% below this benchmark. Historically, Flugger Group AS's own Days Payable has ranged from 68.85 to 88.75 over the past decade. While the company's 10-year median is 75.02 vs. the industry median of 59.25, Flugger Group AS 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 59.25, based on 1,569 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. Flugger Group AS's current Days Payable of 40.09 is 32.3% 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 Flugger Group AS and its competitors. For the Chemicals industry, the median Days Payable is 59.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flugger Group AS's current Days Payable is 40.09, which is 47% below median its own 10-year median of 75.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flugger Group AS stock overvalued right now?
Based on GuruFocus' analysis, Flugger Group AS (OCSE:FLUG B) is currently considered Fairly Valued. The stock's GF Value™ is kr358.99, compared to a current price of kr365.00 — trading 1.7% above its estimated fair value. The current Days Payable is 40.09, which is 47% below median its 10-year median of 75.02 and 32.3% below the Chemicals industry median of 59.25. Flugger Group AS's overall GF Score™ is 78/100 with 1 warning sign 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 Flugger Group AS (OCSE:FLUG B), the current Days Payable is 40.09 as of Apr. 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 Flugger Group AS (OCSE:FLUG B) Overvalued in 2026?

Based on GuruFocus' analysis, Flugger Group AS stock appears to be overvalued. The current stock price of kr365.00 is trading 1.7% above its estimated GF Value™ of kr358.99. GuruFocus considers Flugger Group AS to be Fairly Valued.

Key valuation signals for OCSE:FLUG B:

  • Days Payable: 40.09 (47% below median its 10-year median of 75.02)
  • GF Value™: kr358.99 vs. price of kr365.00 (1.7% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 32.3% below the Chemicals median (#596 of 1569)

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


Flugger Group AS Business Description

Other Exchanges 0M6Y:UK
Address Islevdalvej 151, Rodovre, DNK, 2610
Flugger Group AS develops, produces, markets, and sells a wide range of building paints, wood stains, fillers, wallpapers, and accessories.
78GF Score

Get the complete analysis for OCSE:FLUG B

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

kr365.00
Price
kr358.99
GF Value