Nordic Mining ASAOSL:NOM +1.34%18 Days Payable is 30.98 as of Mar. 2026, which is 100% below its 10-year median of 6,895.38. GuruFocus rates OSL:NOM with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 1,064 Metals & Mining companies, Nordic Mining ASA ranks worse than 85.24% on this metric.
The historical rank and industry rank for Nordic Mining ASA's Days Payable or its related term are showing as below:
OSL:NOM'
s Days Payable Range Over the Past 10 Years
Min: 29.3 Med: 6895.38 Max: 80743.21
Current: 29.3
During the past 13 years, Nordic Mining ASA's highest Days Payable was 80743.21. The lowest was 29.30. And the median was 6895.38.
OSL:NOM's Days Payable is ranked worse than 85.24% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs OSL:NOM: 29.30
Nordic Mining ASA's Days Payable
declined
from Mar. 2025 (73.30) to Mar. 2026 (30.98).
It may suggest that Nordic Mining ASAaccelerated paying its suppliers.
Nordic Mining ASA Days Payable Related Terms
Nordic Mining ASA Days Payable Historical Data
* Premium members only.
The historical data trend for Nordic Mining 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.
Nordic Mining ASA Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nordic Mining 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.
Nordic Mining ASA Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nordic Mining ASA's Days Payable distribution charts can be found below:
* The bar in red indicates where Nordic Mining ASA's Days Payable falls into.
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.
Nordic Mining ASA's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Nordic Mining ASA (OSL:NOM) has a Days Payable of 30.98 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 Nordic Mining ASA and its competitors. This is 100% below median its historical median of 6,895.38. Over the past decade, Nordic Mining ASA's Days Payable has ranged from 29.30 to 80,743.21. According to the industry distribution chart, Nordic Mining ASA ranks #907 out of 1064 companies in the Metals & Mining industry, placing it in the top 85.2%.
Is Nordic Mining ASA's Days Payable too high?
Nordic Mining ASA's current Days Payable of 30.98 is 100% below median its 10-year median of 6,895.38. Over the past 10 years, this metric has ranged from a low of 29.30 to a high of 80,743.21. The Metals & Mining industry median Days Payable is 126.89. Nordic Mining ASA's value of 30.98 is 75.6% below this industry median. Based on the distribution chart, Nordic Mining ASA ranks #907 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nordic Mining ASA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Mining ASA's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Nordic Mining ASA ranks #907 out of 1064 companies for Days Payable. This places Nordic Mining ASA in the lower half of its industry. The industry median Days Payable is 126.89. Nordic Mining ASA's value of 30.98 is 75.6% below this benchmark. Historically, Nordic Mining ASA's own Days Payable has ranged from 29.30 to 80,743.21 over the past decade. While the company's 10-year median is 6,895.38 vs. the industry median of 126.89, Nordic Mining 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 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. Nordic Mining ASA's current Days Payable of 30.98 is 75.6% 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 Nordic Mining ASA and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Mining ASA's current Days Payable is 30.98, which is 100% below median its own 10-year median of 6,895.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Mining ASA stock overvalued right now?
Nordic Mining ASA (OSL:NOM) has a current Days Payable of 30.98. The current Days Payable is 30.98, which is 100% below median its 10-year median of 6,895.38 and 75.6% below the Metals & Mining industry median of 126.89. Nordic Mining ASA's overall GF Score™ is 18/100 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 Nordic Mining ASA (OSL:NOM), the current Days Payable is 30.98 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.
Nordic Mining ASA is a resource company with its subsidiaries, which is engaged in the integrated operations of exploration, extraction, and production of high-end minerals and metals. The company's reportable segment is the Rutile and Garnet segment. The company's operations include the Engebo rutile and garnet project.
18GF Score
Get the complete analysis for OSL:NOM
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:NOM has been successfully added to your 
