BHG Group AB (OSTO:BHG) Days Payable: 46.56 (As of Mar. 2026) — 25% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:BHG BHG Group AB OSTO:BHG
73 GF Score
Price kr22.24
GF Value kr19.22
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is BHG Group AB Days Payable?

BHG Group AB OSTO:BHG -0.98% 73 Days Payable is 46.56 as of Mar. 2026, which is 25% above its 10-year median of 37.18. GuruFocus rates OSTO:BHG with a GF Score™ of 73/100 and a GF Value™ of kr19.22 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,099 Retail - Cyclical companies, BHG Group AB ranks worse than 62.24% on this metric.

BHG Group AB's average Accounts Payable for the three months ended in Mar. 2026 was kr845 Mil. BHG Group AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr1,656 Mil. Hence, BHG Group AB's Days Payable for the three months ended in Mar. 2026 was 46.56.

The historical rank and industry rank for BHG Group AB's Days Payable or its related term are showing as below:

OSTO:BHG' s Days Payable Range Over the Past 10 Years
Min: 33.03   Med: 37.18   Max: 43.94
Current: 40.11

During the past 11 years, BHG Group AB's highest Days Payable was 43.94. The lowest was 33.03. And the median was 37.18.

OSTO:BHG's Days Payable is ranked worse than
62.24% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.88 vs OSTO:BHG: 40.11

BHG Group AB's Days Payable declined from Mar. 2025 (49.57) to Mar. 2026 (46.56). It may suggest that BHG Group AB accelerated paying its suppliers.


BHG Group AB Days Payable Historical Data

* Premium members only.

The historical data trend for BHG Group AB'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.

BHG Group AB Days Payable Chart

BHG Group AB 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 35.39 34.37 38.30 43.94 40.17

BHG Group AB 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 49.57 0.00 0.00 34.51 46.56

OSTO:BHG vs AMZN, BABA, PDD: Days Payable Comparison

For the Internet Retail subindustry, BHG Group AB'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.


BHG Group AB Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BHG Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where BHG Group AB's Days Payable falls into.


OSTO:BHG
73GF Score
BHG Group AB OSTO:BHG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BHG Group AB 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.

BHG Group AB'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
=( (893.8 + 845) / 2 ) / 7900*365
=869.4 / 7900*365
=40.17

BHG Group AB'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
=( (845 + 0) / 1 ) / 1656.1*365 / 4
=845 / 1656.1*365 / 4
=46.56

* 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 46.56 mean?
BHG Group AB (OSTO:BHG) has a Days Payable of 46.56 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 BHG Group AB and its competitors. This is 25% above median its historical median of 37.18. Over the past decade, BHG Group AB's Days Payable has ranged from 33.03 to 43.94. According to the industry distribution chart, BHG Group AB ranks #684 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 62.2%.
Is BHG Group AB's Days Payable too high?
BHG Group AB's current Days Payable of 46.56 is 25% above median its 10-year median of 37.18. Over the past 10 years, this metric has ranged from a low of 33.03 to a high of 43.94. The Retail - Cyclical industry median Days Payable is 51.88. BHG Group AB's value of 46.56 is 10.3% below this industry median. Based on the distribution chart, BHG Group AB ranks #684 out of 1099 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, BHG Group AB has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHG Group AB's Days Payable compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, BHG Group AB ranks #684 out of 1099 companies for Days Payable. This places BHG Group AB in the lower half of its industry. The industry median Days Payable is 51.88. BHG Group AB's value of 46.56 is 10.3% below this benchmark. Historically, BHG Group AB's own Days Payable has ranged from 33.03 to 43.94 over the past decade. While the company's 10-year median is 37.18 vs. the industry median of 51.88, BHG Group AB 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.88, based on 1,099 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. BHG Group AB's current Days Payable of 46.56 is 10.3% 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 BHG Group AB and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHG Group AB's current Days Payable is 46.56, which is 25% above median its own 10-year median of 37.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHG Group AB stock overvalued right now?
Based on GuruFocus' analysis, BHG Group AB (OSTO:BHG) is currently considered Modestly Overvalued. The stock's GF Value™ is kr19.22, compared to a current price of kr22.24 — trading 15.7% above its estimated fair value. The current Days Payable is 46.56, which is 25% above median its 10-year median of 37.18 and 10.3% below the Retail - Cyclical industry median of 51.88. BHG Group AB's overall GF Score™ is 73/100 with 3 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 BHG Group AB (OSTO:BHG), the current Days Payable is 46.56 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 BHG Group AB (OSTO:BHG) Overvalued in 2026?

Based on GuruFocus' analysis, BHG Group AB stock appears to be overvalued. The current stock price of kr22.24 is trading 15.7% above its estimated GF Value™ of kr19.22. GuruFocus considers BHG Group AB to be Modestly Overvalued.

Key valuation signals for OSTO:BHG:

  • Days Payable: 46.56 (25% above median its 10-year median of 37.18)
  • GF Value™: kr19.22 vs. price of kr22.24 (15.7% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 10.3% below the Retail - Cyclical median (#684 of 1099)

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


BHG Group AB Business Description

Other Exchanges 0SOM:UK7B1:Germany
Address Neptunigatan 1, Malmo, SWE, 211 20
BHG Group AB is a consumer e-commerce company in the Nordics and is also present in the rest of Europe, as well as in selected markets outside of Europe. It provides Home improvement space, meaning Do-It-Yourself and Home furnishings. The company's operating segments are; Home Improvement which comprises brands targeted at Nordic DIY customers, such as Bygghemma, Taloon, Golvpoolen, Nordiska Fonster, Outlet1, Hafa, and Hylte Jakt & Tradgard; the Value Home segment which comprises brands with assortments for the home targeted at price-conscious European customers, such as Trademax, Chilli, Furniture 1 and Furniturebox, and the Premium Living segment which comprises brands with assortments of premium products within the Scandinavian design.
73GF Score

Get the complete analysis for OSTO:BHG

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

kr22.24
Price
kr19.22
GF Value