NTG Nordic Transport Group AS (OCSE:NTG) Days Payable: 58.38 (As of Mar. 2026) — Near Median


OCSE:NTG NTG Nordic Transport Group AS OCSE:NTG
86 GF Score
Price kr214.00
GF Value kr350.84
Valuation Significantly Undervalued
! 4 Warning Signs
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What is NTG Nordic Transport Group AS Days Payable?

NTG Nordic Transport Group AS OCSE:NTG +8.52% 86 Days Payable is 58.38 as of Mar. 2026, which is 5% below its 10-year median of 61.69. GuruFocus rates OCSE:NTG with a GF Score™ of 86/100 and a GF Value™ of kr350.84 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 964 Transportation companies, NTG Nordic Transport Group AS ranks better than 68.98% on this metric.

NTG Nordic Transport Group AS's average Accounts Payable for the three months ended in Mar. 2026 was kr1,492 Mil. NTG Nordic Transport Group AS's Cost of Goods Sold for the three months ended in Mar. 2026 was kr2,332 Mil. Hence, NTG Nordic Transport Group AS's Days Payable for the three months ended in Mar. 2026 was 58.38.

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

OCSE:NTG' s Days Payable Range Over the Past 10 Years
Min: 31.3   Med: 61.69   Max: 72.72
Current: 61.73

During the past 13 years, NTG Nordic Transport Group AS's highest Days Payable was 72.72. The lowest was 31.30. And the median was 61.69.

OCSE:NTG's Days Payable is ranked better than
68.98% of 964 companies
in the Transportation industry
Industry Median: 39.01 vs OCSE:NTG: 61.73

NTG Nordic Transport Group AS's Days Payable declined from Mar. 2025 (59.16) to Mar. 2026 (58.38). It may suggest that NTG Nordic Transport Group AS accelerated paying its suppliers.


NTG Nordic Transport Group AS Days Payable Historical Data

* Premium members only.

The historical data trend for NTG Nordic Transport 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.

NTG Nordic Transport Group AS Days Payable Chart

NTG Nordic Transport 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 63.75 56.18 69.40 60.20 57.88

NTG Nordic Transport 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 59.16 61.77 62.09 67.02 58.38

OCSE:NTG vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport 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.


NTG Nordic Transport Group AS Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's Days Payable distribution charts can be found below:

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


OCSE:NTG
86GF Score
NTG Nordic Transport Group AS OCSE:NTG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NTG Nordic Transport 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.

NTG Nordic Transport 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
=( (1320 + 1469) / 2 ) / 8794*365
=1394.5 / 8794*365
=57.88

NTG Nordic Transport 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
=( (1469 + 1515) / 2 ) / 2332*365 / 4
=1492 / 2332*365 / 4
=58.38

* 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 58.38 mean?
NTG Nordic Transport Group AS (OCSE:NTG) has a Days Payable of 58.38 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 NTG Nordic Transport Group AS and its competitors. This is near median its historical median of 61.69. Over the past decade, NTG Nordic Transport Group AS's Days Payable has ranged from 31.30 to 72.72. According to the industry distribution chart, NTG Nordic Transport Group AS ranks #299 out of 964 companies in the Transportation industry, placing it in the top 31%.
Is NTG Nordic Transport Group AS's Days Payable too high?
NTG Nordic Transport Group AS's current Days Payable of 58.38 is near median its 10-year median of 61.69. Over the past 10 years, this metric has ranged from a low of 31.30 to a high of 72.72. The Transportation industry median Days Payable is 39.01. NTG Nordic Transport Group AS's value of 58.38 is 49.7% above this industry median. Based on the distribution chart, NTG Nordic Transport Group AS ranks #299 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, NTG Nordic Transport Group AS has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, NTG Nordic Transport Group AS ranks #299 out of 964 companies for Days Payable. This puts NTG Nordic Transport Group AS in the upper half of its industry. The industry median Days Payable is 39.01. NTG Nordic Transport Group AS's value of 58.38 is 49.7% above this benchmark. Historically, NTG Nordic Transport Group AS's own Days Payable has ranged from 31.30 to 72.72 over the past decade. While the company's 10-year median is 61.69 vs. the industry median of 39.01, NTG Nordic Transport 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 Transportation company?
The median Days Payable among Transportation companies is 39.01, 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. NTG Nordic Transport Group AS's current Days Payable of 58.38 is 49.7% 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 NTG Nordic Transport Group AS and its competitors. For the Transportation industry, the median Days Payable is 39.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTG Nordic Transport Group AS's current Days Payable is 58.38, which is near median its own 10-year median of 61.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS (OCSE:NTG) is currently considered Significantly Undervalued. The stock's GF Value™ is kr350.84, compared to a current price of kr214.00 — trading 39% below its estimated fair value. The current Days Payable is 58.38, which is near median its 10-year median of 61.69 and 49.7% above the Transportation industry median of 39.01. NTG Nordic Transport Group AS's overall GF Score™ is 86/100 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 NTG Nordic Transport Group AS (OCSE:NTG), the current Days Payable is 58.38 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 NTG Nordic Transport Group AS (OCSE:NTG) Overvalued in 2026?

Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued. The current stock price of kr214.00 is trading 39% below its estimated GF Value™ of kr350.84. GuruFocus considers NTG Nordic Transport Group AS to be Significantly Undervalued.

Key valuation signals for OCSE:NTG:

  • Days Payable: 58.38 (near median its 10-year median of 61.69)
  • GF Value™: kr350.84 vs. price of kr214.00 (39% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 49.7% above the Transportation median (#299 of 964)

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


NTG Nordic Transport Group AS Business Description

Other Exchanges NRSA:Germany
Address Hammerholmen 47, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
86GF Score

Get the complete analysis for OCSE:NTG

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

kr214.00
Price
kr350.84
GF Value