Norbit ASA (OSL:NORBT) Days Payable: 67.05 (As of Mar. 2026) — 26% Below Median


OSL:NORBT Norbit ASA OSL:NORBT
100 GF Score
Price kr172.20
GF Value kr160.52
Valuation Fairly Valued
! 1 Warning Sign
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What is Norbit ASA Days Payable?

Norbit ASA OSL:NORBT +1.77% 100 Days Payable is 67.05 as of Mar. 2026, which is 26% below its 10-year median of 90.16. GuruFocus rates OSL:NORBT with a GF Score™ of 100/100 and a GF Value™ of kr160.52 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,440 Hardware companies, Norbit ASA ranks better than 52.34% on this metric.

Norbit ASA's average Accounts Payable for the three months ended in Mar. 2026 was kr252 Mil. Norbit ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr343 Mil. Hence, Norbit ASA's Days Payable for the three months ended in Mar. 2026 was 67.05.

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

OSL:NORBT' s Days Payable Range Over the Past 10 Years
Min: 62.03   Med: 90.16   Max: 105.51
Current: 72.47

During the past 11 years, Norbit ASA's highest Days Payable was 105.51. The lowest was 62.03. And the median was 90.16.

OSL:NORBT's Days Payable is ranked better than
52.34% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs OSL:NORBT: 72.47

Norbit ASA's Days Payable declined from Mar. 2025 (91.34) to Mar. 2026 (67.05). It may suggest that Norbit ASA accelerated paying its suppliers.


Norbit ASA Days Payable Historical Data

* Premium members only.

The historical data trend for Norbit 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.

Norbit ASA Days Payable Chart

Norbit 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 84.19 77.32 91.18 82.99 62.03

Norbit 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 91.34 76.02 102.97 54.67 67.05

OSL:NORBT vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Norbit 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.


Norbit ASA Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Norbit ASA's Days Payable distribution charts can be found below:

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


OSL:NORBT
100GF Score
Norbit ASA OSL:NORBT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Norbit 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.

Norbit 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
=( (145.9 + 231.4) / 2 ) / 1110*365
=188.65 / 1110*365
=62.03

Norbit 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
=( (231.4 + 272.2) / 2 ) / 342.7*365 / 4
=251.8 / 342.7*365 / 4
=67.05

* 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 67.05 mean?
Norbit ASA (OSL:NORBT) has a Days Payable of 67.05 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 Norbit ASA and its competitors. This is 26% below median its historical median of 90.16. Over the past decade, Norbit ASA's Days Payable has ranged from 62.03 to 105.51. According to the industry distribution chart, Norbit ASA ranks #1163 out of 2440 companies in the Hardware industry, placing it in the top 47.7%.
Is Norbit ASA's Days Payable too high?
Norbit ASA's current Days Payable of 67.05 is 26% below median its 10-year median of 90.16. Over the past 10 years, this metric has ranged from a low of 62.03 to a high of 105.51. The Hardware industry median Days Payable is 69.94. Norbit ASA's value of 67.05 is 4.1% below this industry median. Based on the distribution chart, Norbit ASA ranks #1163 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Norbit ASA has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #1163 out of 2440 companies for Days Payable. This puts Norbit ASA in the upper half of its industry. The industry median Days Payable is 69.94. Norbit ASA's value of 67.05 is 4.1% below this benchmark. Historically, Norbit ASA's own Days Payable has ranged from 62.03 to 105.51 over the past decade. While the company's 10-year median is 90.16 vs. the industry median of 69.94, Norbit 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,440 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. Norbit ASA's current Days Payable of 67.05 is 4.1% 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 Norbit ASA and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbit ASA's current Days Payable is 67.05, which is 26% below median its own 10-year median of 90.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbit ASA stock overvalued right now?
Based on GuruFocus' analysis, Norbit ASA (OSL:NORBT) is currently considered Fairly Valued. The stock's GF Value™ is kr160.52, compared to a current price of kr172.20 — trading 7.3% above its estimated fair value. The current Days Payable is 67.05, which is 26% below median its 10-year median of 90.16 and 4.1% below the Hardware industry median of 69.94. Norbit ASA's overall GF Score™ is 100/100 with 1 warning sign 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 Norbit ASA (OSL:NORBT), the current Days Payable is 67.05 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 Norbit ASA (OSL:NORBT) Overvalued in 2026?

Based on GuruFocus' analysis, Norbit ASA stock appears to be overvalued. The current stock price of kr172.20 is trading 7.3% above its estimated GF Value™ of kr160.52. GuruFocus considers Norbit ASA to be Fairly Valued.

Key valuation signals for OSL:NORBT:

  • Days Payable: 67.05 (26% below median its 10-year median of 90.16)
  • GF Value™: kr160.52 vs. price of kr172.20 (7.3% above fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 4.1% below the Hardware median (#1163 of 2440)

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


Norbit ASA Business Description

Address Stiklestadveien 1, Trondheim, NOR, NO-7041
Norbit ASA is a provider of tailored technology to selected applications by solving challenges through solutions. It is organised in three operating segments: Oceans, Connectivity and Product, Innovation & Realization (PIR). The Oceans segment delivers tailored technology solutions to the maritime markets, the Connectivity segment supplier of secure wireless technology for industrial and mission-critical applications - ranging from transportation infrastructure to navigation and defence-related environments, and the Product, Innovation & Realization (PIR) segment provides R&D products and services and contract manufacturing to key customers. The majority of the company's revenue is derived from the PIR segment.
100GF Score

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

kr172.20
Price
kr160.52
GF Value