Techstep ASA (OSL:TECH) Days Payable: 72.17 (As of Mar. 2026) — Near Median


OSL:TECH Techstep ASA OSL:TECH
48 GF Score
Price kr8.08
GF Value kr9.57
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Techstep ASA Days Payable?

Techstep ASA OSL:TECH -0.25% 48 Days Payable is 72.17 as of Mar. 2026, which is 2% above its 10-year median of 70.63. GuruFocus rates OSL:TECH with a GF Score™ of 48/100 and a GF Value™ of kr9.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,441 Hardware companies, Techstep ASA ranks better than 51.7% on this metric.

Techstep ASA's average Accounts Payable for the three months ended in Mar. 2026 was kr147.0 Mil. Techstep ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr185.9 Mil. Hence, Techstep ASA's Days Payable for the three months ended in Mar. 2026 was 72.17.

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

OSL:TECH' s Days Payable Range Over the Past 10 Years
Min: 43.61   Med: 70.63   Max: 114.45
Current: 71.57

During the past 13 years, Techstep ASA's highest Days Payable was 114.45. The lowest was 43.61. And the median was 70.63.

OSL:TECH's Days Payable is ranked better than
51.7% of 2441 companies
in the Hardware industry
Industry Median: 69.99 vs OSL:TECH: 71.57

Techstep ASA's Days Payable increased from Mar. 2025 (72.04) to Mar. 2026 (72.17). It may suggest that Techstep ASA delayed paying its suppliers.


Techstep ASA Days Payable Historical Data

* Premium members only.

The historical data trend for Techstep 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.

Techstep ASA Days Payable Chart

Techstep 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 75.19 89.65 114.45 109.16 83.88

Techstep 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 72.04 65.95 77.50 76.96 72.17

OSL:TECH vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, Techstep 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.


Techstep ASA Days Payable vs Hardware Industry

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

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


OSL:TECH
48GF Score
Techstep ASA OSL:TECH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techstep 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.

Techstep 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
=( (175.792 + 162.994) / 2 ) / 737.125*365
=169.393 / 737.125*365
=83.88

Techstep 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
=( (162.994 + 131.1) / 2 ) / 185.925*365 / 4
=147.047 / 185.925*365 / 4
=72.17

* 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 72.17 mean?
Techstep ASA (OSL:TECH) has a Days Payable of 72.17 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 Techstep ASA and its competitors. This is near median its historical median of 70.63. Over the past decade, Techstep ASA's Days Payable has ranged from 43.61 to 114.45. According to the industry distribution chart, Techstep ASA ranks #1179 out of 2441 companies in the Hardware industry, placing it in the top 48.3%.
Is Techstep ASA's Days Payable too high?
Techstep ASA's current Days Payable of 72.17 is near median its 10-year median of 70.63. Over the past 10 years, this metric has ranged from a low of 43.61 to a high of 114.45. The Hardware industry median Days Payable is 69.99. Techstep ASA's value of 72.17 is 3.1% above this industry median. Based on the distribution chart, Techstep ASA ranks #1179 out of 2441 companies in the Hardware industry, which is above the industry midpoint. Overall, Techstep ASA has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techstep ASA's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Techstep ASA ranks #1179 out of 2441 companies for Days Payable. This puts Techstep ASA in the upper half of its industry. The industry median Days Payable is 69.99. Techstep ASA's value of 72.17 is 3.1% above this benchmark. Historically, Techstep ASA's own Days Payable has ranged from 43.61 to 114.45 over the past decade. While the company's 10-year median is 70.63 vs. the industry median of 69.99, Techstep 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 a Hardware company?
The median Days Payable among Hardware companies is 69.99, based on 2,441 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. Techstep ASA's current Days Payable of 72.17 is 3.1% 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 Techstep ASA and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techstep ASA's current Days Payable is 72.17, which is near median its own 10-year median of 70.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstep ASA stock overvalued right now?
Based on GuruFocus' analysis, Techstep ASA (OSL:TECH) is currently considered Modestly Undervalued. The stock's GF Value™ is kr9.57, compared to a current price of kr8.08 — trading 15.6% below its estimated fair value. The current Days Payable is 72.17, which is near median its 10-year median of 70.63 and 3.1% above the Hardware industry median of 69.99. Techstep ASA's overall GF Score™ is 48/100 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 Techstep ASA (OSL:TECH), the current Days Payable is 72.17 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 Techstep ASA (OSL:TECH) Overvalued in 2026?

Based on GuruFocus' analysis, Techstep ASA stock appears to be undervalued. The current stock price of kr8.08 is trading 15.6% below its estimated GF Value™ of kr9.57. GuruFocus considers Techstep ASA to be Modestly Undervalued.

Key valuation signals for OSL:TECH:

  • Days Payable: 72.17 (near median its 10-year median of 70.63)
  • GF Value™: kr9.57 vs. price of kr8.08 (15.6% below fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 3.1% above the Hardware median (#1179 of 2441)

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


Techstep ASA Business Description

Other Exchanges 0K2D:UK
Address Brynsalleen 4, Oslo, NOR, 0667
Techstep ASA is a Nordic enabler of the mobile workplace, delivering a full range of devices and services to facilitate mobile workplaces. The company bundles mobile devices, software, information security, and expertise for its customers. Its Device Lifecycle Management Platform enables IT vendors to scale and optimise their Device-as-a-Service business, enhancing efficiency, control, and user experience at every lifecycle stage. In addition, the company offers various workplace devices and services such as mobile devices and accessories, laptops, device management and security services, and others. A majority of its revenue is generated from the provision of workplace devices for its clients. Geographically, it derives maximum revenue from Norway, followed by Sweden, Denmark, and Poland.
48GF Score

Get the complete analysis for OSL:TECH

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

kr8.08
Price
kr9.57
GF Value