Goodtech ASA (OSL:GOD) Days Payable: 59.11 (As of Mar. 2026) — 11% Below Median


OSL:GOD Goodtech ASA OSL:GOD
74 GF Score
Price kr13.30
GF Value kr9.48
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Goodtech ASA Days Payable?

Goodtech ASA OSL:GOD +0.76% 74 Days Payable is 59.11 as of Mar. 2026, which is 11% below its 10-year median of 66.68. GuruFocus rates OSL:GOD with a GF Score™ of 74/100 and a GF Value™ of kr9.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,709 Construction companies, Goodtech ASA ranks worse than 82.68% on this metric.

Goodtech ASA's average Accounts Payable for the three months ended in Mar. 2026 was kr20.0 Mil. Goodtech ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr30.8 Mil. Hence, Goodtech ASA's Days Payable for the three months ended in Mar. 2026 was 59.11.

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

OSL:GOD' s Days Payable Range Over the Past 10 Years
Min: 34.99   Med: 66.68   Max: 138.51
Current: 37.7

During the past 13 years, Goodtech ASA's highest Days Payable was 138.51. The lowest was 34.99. And the median was 66.68.

OSL:GOD's Days Payable is ranked worse than
82.68% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs OSL:GOD: 37.70

Goodtech ASA's Days Payable increased from Mar. 2025 (52.10) to Mar. 2026 (59.11). It may suggest that Goodtech ASA delayed paying its suppliers.


Goodtech ASA Days Payable Historical Data

* Premium members only.

The historical data trend for Goodtech 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.

Goodtech ASA Days Payable Chart

Goodtech 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 67.56 91.91 65.79 86.96 59.84

Goodtech 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 52.10 48.89 18.82 30.98 59.11

OSL:GOD vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Goodtech 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.


Goodtech ASA Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Goodtech ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Goodtech ASA's Days Payable falls into.


OSL:GOD
74GF Score
Goodtech ASA OSL:GOD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodtech 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.

Goodtech 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
=( (39.1 + 27.1) / 2 ) / 201.9*365
=33.1 / 201.9*365
=59.84

Goodtech 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
=( (27.1 + 12.8) / 2 ) / 30.8*365 / 4
=19.95 / 30.8*365 / 4
=59.11

* 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 59.11 mean?
Goodtech ASA (OSL:GOD) has a Days Payable of 59.11 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 Goodtech ASA and its competitors. This is 11% below median its historical median of 66.68. Over the past decade, Goodtech ASA's Days Payable has ranged from 34.99 to 138.51. According to the industry distribution chart, Goodtech ASA ranks #1413 out of 1709 companies in the Construction industry, placing it in the top 82.7%.
Is Goodtech ASA's Days Payable too high?
Goodtech ASA's current Days Payable of 59.11 is 11% below median its 10-year median of 66.68. Over the past 10 years, this metric has ranged from a low of 34.99 to a high of 138.51. The Construction industry median Days Payable is 76.72. Goodtech ASA's value of 59.11 is 23% below this industry median. Based on the distribution chart, Goodtech ASA ranks #1413 out of 1709 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Goodtech ASA has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodtech ASA's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Goodtech ASA ranks #1413 out of 1709 companies for Days Payable. This places Goodtech ASA in the lower half of its industry. The industry median Days Payable is 76.72. Goodtech ASA's value of 59.11 is 23% below this benchmark. Historically, Goodtech ASA's own Days Payable has ranged from 34.99 to 138.51 over the past decade. While the company's 10-year median is 66.68 vs. the industry median of 76.72, Goodtech ASA 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 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. Goodtech ASA's current Days Payable of 59.11 is 23% 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 Goodtech ASA and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodtech ASA's current Days Payable is 59.11, which is 11% below median its own 10-year median of 66.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodtech ASA stock overvalued right now?
Based on GuruFocus' analysis, Goodtech ASA (OSL:GOD) is currently considered Significantly Overvalued. The stock's GF Value™ is kr9.48, compared to a current price of kr13.30 — trading 40.3% above its estimated fair value. The current Days Payable is 59.11, which is 11% below median its 10-year median of 66.68 and 23% below the Construction industry median of 76.72. Goodtech ASA's overall GF Score™ is 74/100 with 5 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 Goodtech ASA (OSL:GOD), the current Days Payable is 59.11 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 Goodtech ASA (OSL:GOD) Overvalued in 2026?

Based on GuruFocus' analysis, Goodtech ASA stock appears to be overvalued. The current stock price of kr13.30 is trading 40.3% above its estimated GF Value™ of kr9.48. GuruFocus considers Goodtech ASA to be Significantly Overvalued.

Key valuation signals for OSL:GOD:

  • Days Payable: 59.11 (11% below median its 10-year median of 66.68)
  • GF Value™: kr9.48 vs. price of kr13.30 (40.3% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 23% below the Construction median (#1413 of 1709)

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


Goodtech ASA Business Description

Other Exchanges 0ELH:UK6FO:Germany
Address Innspurten 15, Oslo, NOR, 0663
Goodtech ASA is a specialist in control systems, digitalization, and production optimization for the manufacturing industry. The company plays an active role in modernizing, streamlining, and driving the critical digital transformation in Nordic industry. It also provides technical solutions in the field of Food & Beverage, Manufacturing, Renewables, Process Industry, New Industries, Energy & Utilities, Metals & Minerals, Mobility, Pharma, and Marine & Aquaculture. It also supplies automation products and streamlining solutions globally.
74GF Score

Get the complete analysis for OSL:GOD

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

kr13.30
Price
kr9.48
GF Value