Hexagon Composites ASA (OSL:HEX) Days Payable: 43.50 (As of Dec. 2025) — 40% Below Median


OSL:HEX Hexagon Composites ASA OSL:HEX
71 GF Score
Price kr8.49
GF Value kr11.97
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hexagon Composites ASA Days Payable?

Hexagon Composites ASA OSL:HEX +1.74% 71 Days Payable is 43.50 as of Dec. 2025, which is 40% below its 10-year median of 73.07. GuruFocus rates OSL:HEX with a GF Score™ of 71/100 and a GF Value™ of kr11.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 378 Packaging & Containers companies, Hexagon Composites ASA ranks better than 60.05% on this metric.

Hexagon Composites ASA's average Accounts Payable for the three months ended in Dec. 2025 was kr197 Mil. Hexagon Composites ASA's Cost of Goods Sold for the three months ended in Dec. 2025 was kr414 Mil. Hence, Hexagon Composites ASA's Days Payable for the three months ended in Dec. 2025 was 43.50.

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

OSL:HEX' s Days Payable Range Over the Past 10 Years
Min: 55.62   Med: 73.07   Max: 101.15
Current: 69.59

During the past 13 years, Hexagon Composites ASA's highest Days Payable was 101.15. The lowest was 55.62. And the median was 73.07.

OSL:HEX's Days Payable is ranked better than
60.05% of 378 companies
in the Packaging & Containers industry
Industry Median: 57.21 vs OSL:HEX: 69.59

Hexagon Composites ASA's Days Payable declined from Dec. 2024 (48.43) to Dec. 2025 (43.50). It may suggest that Hexagon Composites ASA accelerated paying its suppliers.


Hexagon Composites ASA Days Payable Historical Data

* Premium members only.

The historical data trend for Hexagon Composites 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.

Hexagon Composites ASA Days Payable Chart

Hexagon Composites 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 73.53 75.73 70.16 56.58 69.85

Hexagon Composites ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.43 70.51 85.18 89.41 43.50

OSL:HEX vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Hexagon Composites 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.


Hexagon Composites ASA Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hexagon Composites ASA's Days Payable distribution charts can be found below:

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


OSL:HEX
71GF Score
Hexagon Composites ASA OSL:HEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexagon Composites 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.

Hexagon Composites 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
=( (389.3 + 178.186) / 2 ) / 1482.631*365
=283.743 / 1482.631*365
=69.85

Hexagon Composites ASA'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (216.73 + 178.186) / 2 ) / 414.211*365 / 4
=197.458 / 414.211*365 / 4
=43.50

* 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 43.50 mean?
Hexagon Composites ASA (OSL:HEX) has a Days Payable of 43.50 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 Hexagon Composites ASA and its competitors. This is 40% below median its historical median of 73.07. Over the past decade, Hexagon Composites ASA's Days Payable has ranged from 55.62 to 101.15. According to the industry distribution chart, Hexagon Composites ASA ranks #151 out of 378 companies in the Packaging & Containers industry, placing it in the top 39.9%.
Is Hexagon Composites ASA's Days Payable too high?
Hexagon Composites ASA's current Days Payable of 43.50 is 40% below median its 10-year median of 73.07. Over the past 10 years, this metric has ranged from a low of 55.62 to a high of 101.15. The Packaging & Containers industry median Days Payable is 57.21. Hexagon Composites ASA's value of 43.50 is 24% below this industry median. Based on the distribution chart, Hexagon Composites ASA ranks #151 out of 378 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Hexagon Composites ASA has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hexagon Composites ASA's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Hexagon Composites ASA ranks #151 out of 378 companies for Days Payable. This puts Hexagon Composites ASA in the upper half of its industry. The industry median Days Payable is 57.21. Hexagon Composites ASA's value of 43.50 is 24% below this benchmark. Historically, Hexagon Composites ASA's own Days Payable has ranged from 55.62 to 101.15 over the past decade. While the company's 10-year median is 73.07 vs. the industry median of 57.21, Hexagon Composites 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.21, based on 378 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. Hexagon Composites ASA's current Days Payable of 43.50 is 24% 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 Hexagon Composites ASA and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon Composites ASA's current Days Payable is 43.50, which is 40% below median its own 10-year median of 73.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon Composites ASA stock overvalued right now?
Based on GuruFocus' analysis, Hexagon Composites ASA (OSL:HEX) is currently considered Modestly Undervalued. The stock's GF Value™ is kr11.97, compared to a current price of kr8.49 — trading 29.1% below its estimated fair value. The current Days Payable is 43.50, which is 40% below median its 10-year median of 73.07 and 24% below the Packaging & Containers industry median of 57.21. Hexagon Composites ASA's overall GF Score™ is 71/100 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 Hexagon Composites ASA (OSL:HEX), the current Days Payable is 43.50 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 Hexagon Composites ASA (OSL:HEX) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon Composites ASA stock appears to be undervalued. The current stock price of kr8.49 is trading 29.1% below its estimated GF Value™ of kr11.97. GuruFocus considers Hexagon Composites ASA to be Modestly Undervalued.

Key valuation signals for OSL:HEX:

  • Days Payable: 43.50 (40% below median its 10-year median of 73.07)
  • GF Value™: kr11.97 vs. price of kr8.49 (29.1% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 24% below the Packaging & Containers median (#151 of 378)

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


Hexagon Composites ASA Business Description

Address Korsegata 4B, P.O. Box 836, Sentrum, Aalesund, NOR, 6002
Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and other related products. The operating segments of the company are Hexagon Agility, and Hexagon Digital Wave. Hexagon Agility segment offers natural gas fuel systems and delivery solutions for the mobility market. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. The company operates through Europe, North America, Southeast Asia, Africa, Oceania and Norway.
71GF Score

Get the complete analysis for OSL:HEX

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

kr8.49
Price
kr11.97
GF Value