Fjord Defence Group ASA (OSL:DFENS) Days Payable: 104.16 (As of Mar. 2026) — 210% Above Median


OSL:DFENS Fjord Defence Group ASA OSL:DFENS
55 GF Score
Price kr16.35
GF Value kr6.31
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fjord Defence Group ASA Days Payable?

Fjord Defence Group ASA OSL:DFENS +0.31% 55 Days Payable is 104.16 as of Mar. 2026, which is 210% above its 10-year median of 33.57. GuruFocus rates OSL:DFENS with a GF Score™ of 55/100 and a GF Value™ of kr6.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 337 Aerospace & Defense companies, Fjord Defence Group ASA ranks worse than 59.05% on this metric.

Fjord Defence Group ASA's average Accounts Payable for the three months ended in Mar. 2026 was kr24.22 Mil. Fjord Defence Group ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr21.22 Mil. Hence, Fjord Defence Group ASA's Days Payable for the three months ended in Mar. 2026 was 104.16.

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

OSL:DFENS' s Days Payable Range Over the Past 10 Years
Min: 9.42   Med: 33.57   Max: 436.54
Current: 53.2

During the past 10 years, Fjord Defence Group ASA's highest Days Payable was 436.54. The lowest was 9.42. And the median was 33.57.

OSL:DFENS's Days Payable is ranked worse than
59.05% of 337 companies
in the Aerospace & Defense industry
Industry Median: 65.05 vs OSL:DFENS: 53.20

Fjord Defence Group ASA's Days Payable declined from Mar. 2025 (481.73) to Mar. 2026 (104.16). It may suggest that Fjord Defence Group ASA accelerated paying its suppliers.


Fjord Defence Group ASA Days Payable Historical Data

* Premium members only.

The historical data trend for Fjord Defence Group ASA'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.

Fjord Defence Group ASA Days Payable Chart

Fjord Defence Group ASA 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 89.98 14.31 9.42 9.69 33.57

Fjord Defence Group ASA 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 481.73 32.74 45.36 45.03 104.16

OSL:DFENS vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Fjord Defence Group ASA'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.


Fjord Defence Group ASA Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fjord Defence Group ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Fjord Defence Group ASA's Days Payable falls into.


OSL:DFENS
55GF Score
Fjord Defence Group ASA OSL:DFENS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fjord Defence Group ASA 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.

Fjord Defence Group ASA'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
=( (0.364 + 19.406) / 2 ) / 107.465*365
=9.885 / 107.465*365
=33.57

Fjord Defence Group ASA'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
=( (19.406 + 29.039) / 2 ) / 21.22*365 / 4
=24.2225 / 21.22*365 / 4
=104.16

* 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 104.16 mean?
Fjord Defence Group ASA (OSL:DFENS) has a Days Payable of 104.16 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 Fjord Defence Group ASA and its competitors. This is 210% above median its historical median of 33.57. Over the past decade, Fjord Defence Group ASA's Days Payable has ranged from 9.42 to 436.54. According to the industry distribution chart, Fjord Defence Group ASA ranks #199 out of 337 companies in the Aerospace & Defense industry, placing it in the top 59.1%.
Is Fjord Defence Group ASA's Days Payable too high?
Fjord Defence Group ASA's current Days Payable of 104.16 is 210% above median its 10-year median of 33.57. Over the past 10 years, this metric has ranged from a low of 9.42 to a high of 436.54. The Aerospace & Defense industry median Days Payable is 65.05. Fjord Defence Group ASA's value of 104.16 is 60.1% above this industry median. Based on the distribution chart, Fjord Defence Group ASA ranks #199 out of 337 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Fjord Defence Group ASA has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fjord Defence Group ASA's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Fjord Defence Group ASA ranks #199 out of 337 companies for Days Payable. This places Fjord Defence Group ASA in the lower half of its industry. The industry median Days Payable is 65.05. Fjord Defence Group ASA's value of 104.16 is 60.1% above this benchmark. Historically, Fjord Defence Group ASA's own Days Payable has ranged from 9.42 to 436.54 over the past decade. While the company's 10-year median is 33.57 vs. the industry median of 65.05, Fjord Defence Group ASA 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. Fjord Defence Group ASA's current Days Payable of 104.16 is 60.1% 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 Fjord Defence Group ASA and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fjord Defence Group ASA's current Days Payable is 104.16, which is 210% above median its own 10-year median of 33.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fjord Defence Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Fjord Defence Group ASA (OSL:DFENS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr6.31, compared to a current price of kr16.35 — trading 159.1% above its estimated fair value. The current Days Payable is 104.16, which is 210% above median its 10-year median of 33.57 and 60.1% above the Aerospace & Defense industry median of 65.05. Fjord Defence Group ASA'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 Fjord Defence Group ASA (OSL:DFENS), the current Days Payable is 104.16 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 Fjord Defence Group ASA (OSL:DFENS) Overvalued in 2026?

Based on GuruFocus' analysis, Fjord Defence Group ASA stock appears to be overvalued. The current stock price of kr16.35 is trading 159.1% above its estimated GF Value™ of kr6.31. GuruFocus considers Fjord Defence Group ASA to be Significantly Overvalued.

Key valuation signals for OSL:DFENS:

  • Days Payable: 104.16 (210% above median its 10-year median of 33.57)
  • GF Value™: kr6.31 vs. price of kr16.35 (159.1% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 60.1% above the Aerospace & Defense median (#199 of 337)

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


Fjord Defence Group ASA Business Description

Other Exchanges 0RU7:UKS5B0:Germany
Address Askekroken 11, Oslo, NOR, 0277
Fjord Defence Group ASA is a Norwegian defence compounder engaged in acquiring and growing small to mid-sized profitable defence tech companies. The company is building a portfolio of fast-growing, profitable companies to capitalise on a c in defense spending.
55GF Score

Get the complete analysis for OSL:DFENS

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

kr16.35
Price
kr6.31
GF Value