CodeLab Capital AS (OSL:CODE) Days Payable: 60.18 (As of Dec. 2025) — 72% Below Median


OSL:CODE CodeLab Capital AS OSL:CODE
55 GF Score
Price kr4.17
GF Value kr2.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is CodeLab Capital AS Days Payable?

CodeLab Capital AS OSL:CODE +29.91% 55 Days Payable is 60.18 as of Dec. 2025, which is 72% below its 10-year median of 216.56. GuruFocus rates OSL:CODE with a GF Score™ of 55/100 and a GF Value™ of kr2.29 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 608 Healthcare Providers & Services companies, CodeLab Capital AS ranks better than 73.85% on this metric.

CodeLab Capital AS's average Accounts Payable for the six months ended in Dec. 2025 was kr1.68 Mil. CodeLab Capital AS's Cost of Goods Sold for the six months ended in Dec. 2025 was kr5.11 Mil. Hence, CodeLab Capital AS's Days Payable for the six months ended in Dec. 2025 was 60.18.

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

OSL:CODE' s Days Payable Range Over the Past 10 Years
Min: 64.61   Med: 216.56   Max: 269.79
Current: 116.92

During the past 8 years, CodeLab Capital AS's highest Days Payable was 269.79. The lowest was 64.61. And the median was 216.56.

OSL:CODE's Days Payable is ranked better than
73.85% of 608 companies
in the Healthcare Providers & Services industry
Industry Median: 58.08 vs OSL:CODE: 116.92

CodeLab Capital AS's Days Payable declined from Dec. 2024 (261.48) to Dec. 2025 (60.18). It may suggest that CodeLab Capital AS accelerated paying its suppliers.


CodeLab Capital AS Days Payable Historical Data

* Premium members only.

The historical data trend for CodeLab Capital 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.

CodeLab Capital AS Days Payable Chart

CodeLab Capital AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 191.09 115.89 269.79 249.34 247.86

CodeLab Capital AS 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 806.11 125.24 261.48 0.00 60.18

OSL:CODE vs VEEV, BTSG, TEM: Days Payable Comparison

For the Health Information Services subindustry, CodeLab Capital 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.


CodeLab Capital AS Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CodeLab Capital AS's Days Payable distribution charts can be found below:

* The bar in red indicates where CodeLab Capital AS's Days Payable falls into.


OSL:CODE
55GF Score
CodeLab Capital AS OSL:CODE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CodeLab Capital 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.

CodeLab Capital 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
=( (1.539 + 3.224) / 2 ) / 3.507*365
=2.3815 / 3.507*365
=247.86

CodeLab Capital AS'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
=( (0.143 + 3.224) / 2 ) / 5.105*365 / 2
=1.6835 / 5.105*365 / 2
=60.18

* 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 60.18 mean?
CodeLab Capital AS (OSL:CODE) has a Days Payable of 60.18 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 CodeLab Capital AS and its competitors. This is 72% below median its historical median of 216.56. Over the past decade, CodeLab Capital AS's Days Payable has ranged from 64.61 to 269.79. According to the industry distribution chart, CodeLab Capital AS ranks #159 out of 608 companies in the Healthcare Providers & Services industry, placing it in the top 26.2%.
Is CodeLab Capital AS's Days Payable too high?
CodeLab Capital AS's current Days Payable of 60.18 is 72% below median its 10-year median of 216.56. Over the past 10 years, this metric has ranged from a low of 64.61 to a high of 269.79. The Healthcare Providers & Services industry median Days Payable is 58.08. CodeLab Capital AS's value of 60.18 is 3.6% above this industry median. Based on the distribution chart, CodeLab Capital AS ranks #159 out of 608 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, CodeLab Capital AS has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeLab Capital AS's Days Payable compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, CodeLab Capital AS ranks #159 out of 608 companies for Days Payable. This puts CodeLab Capital AS in the upper half of its industry. The industry median Days Payable is 58.08. CodeLab Capital AS's value of 60.18 is 3.6% above this benchmark. Historically, CodeLab Capital AS's own Days Payable has ranged from 64.61 to 269.79 over the past decade. While the company's 10-year median is 216.56 vs. the industry median of 58.08, CodeLab Capital 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.08, based on 608 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. CodeLab Capital AS's current Days Payable of 60.18 is 3.6% 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 CodeLab Capital AS and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeLab Capital AS's current Days Payable is 60.18, which is 72% below median its own 10-year median of 216.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeLab Capital AS stock overvalued right now?
Based on GuruFocus' analysis, CodeLab Capital AS (OSL:CODE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.29, compared to a current price of kr4.17 — trading 82.1% above its estimated fair value. The current Days Payable is 60.18, which is 72% below median its 10-year median of 216.56 and 3.6% above the Healthcare Providers & Services industry median of 58.08. CodeLab Capital AS's overall GF Score™ is 55/100 with 6 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 CodeLab Capital AS (OSL:CODE), the current Days Payable is 60.18 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 CodeLab Capital AS (OSL:CODE) Overvalued in 2026?

Based on GuruFocus' analysis, CodeLab Capital AS stock appears to be overvalued. The current stock price of kr4.17 is trading 82.1% above its estimated GF Value™ of kr2.29. GuruFocus considers CodeLab Capital AS to be Significantly Overvalued.

Key valuation signals for OSL:CODE:

  • Days Payable: 60.18 (72% below median its 10-year median of 216.56)
  • GF Value™: kr2.29 vs. price of kr4.17 (82.1% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 3.6% above the Healthcare Providers & Services median (#159 of 608)

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


CodeLab Capital AS Business Description

Other Exchanges P990:Germany
Address C/o Azets Document Solutions AS, Dm520023, Postboks 1570 Torgarden, Trondheim, NOR, 7435
CodeLab Capital AS builds and invests in next-generation technology. Its primary objective is to invest in other companies and contribute with capital, network, and operations. CodeLab Capital AS is a holding company that, through its subsidiary, is engaged in making software development tools for the broader B2B market.
55GF Score

Get the complete analysis for OSL:CODE

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

kr4.17
Price
kr2.29
GF Value