Netum Group Oyj (OHEL:NETUM) Days Payable: 6.11 (As of Dec. 2025) — 70% Below Median


OHEL:NETUM Netum Group Oyj OHEL:NETUM
56 GF Score
Price €1.10
GF Value €2.46
Valuation Possible Value Trap
! 7 Warning Signs
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What is Netum Group Oyj Days Payable?

Netum Group Oyj OHEL:NETUM +9.50% 56 Days Payable is 6.11 as of Dec. 2025, which is 70% below its 10-year median of 20.42. GuruFocus rates OHEL:NETUM with a GF Score™ of 56/100 and a GF Value™ of €2.46 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,604 Software companies, Netum Group Oyj ranks worse than 95.08% on this metric.

Netum Group Oyj's average Accounts Payable for the six months ended in Dec. 2025 was €0.48 Mil. Netum Group Oyj's Cost of Goods Sold for the six months ended in Dec. 2025 was €14.35 Mil. Hence, Netum Group Oyj's Days Payable for the six months ended in Dec. 2025 was 6.11.

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

OHEL:NETUM' s Days Payable Range Over the Past 10 Years
Min: 5.95   Med: 20.42   Max: 39.75
Current: 5.95

During the past 8 years, Netum Group Oyj's highest Days Payable was 39.75. The lowest was 5.95. And the median was 20.42.

OHEL:NETUM's Days Payable is ranked worse than
95.08% of 2604 companies
in the Software industry
Industry Median: 53.955 vs OHEL:NETUM: 5.95

Netum Group Oyj's Days Payable declined from Dec. 2024 (9.26) to Dec. 2025 (6.11). It may suggest that Netum Group Oyj accelerated paying its suppliers.


Netum Group Oyj Days Payable Historical Data

* Premium members only.

The historical data trend for Netum Group Oyj'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.

Netum Group Oyj Days Payable Chart

Netum Group Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 23.63 17.20 12.76 6.96 6.88

Netum Group Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.40 9.23 9.26 4.96 6.11

OHEL:NETUM vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Netum Group Oyj'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.


Netum Group Oyj Days Payable vs Software Industry

For the Software industry and Technology sector, Netum Group Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Netum Group Oyj's Days Payable falls into.


OHEL:NETUM
56GF Score
Netum Group Oyj OHEL:NETUM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Netum Group Oyj 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.

Netum Group Oyj'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
=( (0.591 + 0.606) / 2 ) / 31.735*365
=0.5985 / 31.735*365
=6.88

Netum Group Oyj's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.354 + 0.606) / 2 ) / 14.346*365 / 2
=0.48 / 14.346*365 / 2
=6.11

* 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 6.11 mean?
Netum Group Oyj (OHEL:NETUM) has a Days Payable of 6.11 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Netum Group Oyj and its competitors. This is 70% below median its historical median of 20.42. Over the past decade, Netum Group Oyj's Days Payable has ranged from 5.95 to 39.75. According to the industry distribution chart, Netum Group Oyj ranks #2476 out of 2604 companies in the Software industry, placing it in the top 95.1%.
Is Netum Group Oyj's Days Payable too high?
Netum Group Oyj's current Days Payable of 6.11 is 70% below median its 10-year median of 20.42. Over the past 10 years, this metric has ranged from a low of 5.95 to a high of 39.75. The Software industry median Days Payable is 53.96. Netum Group Oyj's value of 6.11 is 88.7% below this industry median. Based on the distribution chart, Netum Group Oyj ranks #2476 out of 2604 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Netum Group Oyj 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 Netum Group Oyj's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Netum Group Oyj ranks #2476 out of 2604 companies for Days Payable. This places Netum Group Oyj in the lower half of its industry. The industry median Days Payable is 53.96. Netum Group Oyj's value of 6.11 is 88.7% below this benchmark. Historically, Netum Group Oyj's own Days Payable has ranged from 5.95 to 39.75 over the past decade. While the company's 10-year median is 20.42 vs. the industry median of 53.96, Netum Group Oyj 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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. Netum Group Oyj's current Days Payable of 6.11 is 88.7% 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 Netum Group Oyj and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netum Group Oyj's current Days Payable is 6.11, which is 70% below median its own 10-year median of 20.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netum Group Oyj stock overvalued right now?
Based on GuruFocus' analysis, Netum Group Oyj (OHEL:NETUM) is currently considered Possible Value Trap. The stock's GF Value™ is €2.46, compared to a current price of €1.10 — trading 55.5% below its estimated fair value. The current Days Payable is 6.11, which is 70% below median its 10-year median of 20.42 and 88.7% below the Software industry median of 53.96. Netum Group Oyj's overall GF Score™ is 56/100 with 7 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 Netum Group Oyj (OHEL:NETUM), the current Days Payable is 6.11 as of Dec. 2025. 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 Netum Group Oyj (OHEL:NETUM) Overvalued in 2026?

Based on GuruFocus' analysis, Netum Group Oyj stock appears to be undervalued. The current stock price of €1.10 is trading 55.5% below its estimated GF Value™ of €2.46. GuruFocus considers Netum Group Oyj to be Possible Value Trap.

Key valuation signals for OHEL:NETUM:

  • Days Payable: 6.11 (70% below median its 10-year median of 20.42)
  • GF Value™: €2.46 vs. price of €1.10 (55.5% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 88.7% below the Software median (#2476 of 2604)

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


Netum Group Oyj Business Description

Address Yliopistonkatu 58 B, Tampere, FIN, 33100
Netum Group Oyj is a fast-growing information technology service house. The company serves public administration and corporate customers with the legacy of digi concept, which combines existing traditional information technology solutions with the latest digital applications. Netum's services include digital services development, system continuity services, data and analysis services, integration services, cyber security services, and management consulting services.
56GF Score

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

€1.10
Price
€2.46
GF Value