Nimbus Group AB (OSTO:BOAT) Days Payable: 37.96 (As of Mar. 2026) — 12% Below Median


OSTO:BOAT Nimbus Group AB OSTO:BOAT
65 GF Score
Price kr12.25
GF Value kr9.56
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Nimbus Group AB Days Payable?

Nimbus Group AB OSTO:BOAT +0.41% 65 Days Payable is 37.96 as of Mar. 2026, which is 12% below its 10-year median of 43.25. GuruFocus rates OSTO:BOAT with a GF Score™ of 65/100 and a GF Value™ of kr9.56 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Nimbus Group AB ranks worse than 84.05% on this metric.

Nimbus Group AB's average Accounts Payable for the three months ended in Mar. 2026 was kr101 Mil. Nimbus Group AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr244 Mil. Hence, Nimbus Group AB's Days Payable for the three months ended in Mar. 2026 was 37.96.

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

OSTO:BOAT' s Days Payable Range Over the Past 10 Years
Min: 32.91   Med: 43.25   Max: 92.94
Current: 33.18

During the past 9 years, Nimbus Group AB's highest Days Payable was 92.94. The lowest was 32.91. And the median was 43.25.

OSTO:BOAT's Days Payable is ranked worse than
84.05% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs OSTO:BOAT: 33.18

Nimbus Group AB's Days Payable declined from Mar. 2025 (54.55) to Mar. 2026 (37.96). It may suggest that Nimbus Group AB accelerated paying its suppliers.


Nimbus Group AB Days Payable Historical Data

* Premium members only.

The historical data trend for Nimbus 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.

Nimbus Group AB Days Payable Chart

Nimbus Group AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 32.91 43.71 35.14 35.11 37.45

Nimbus 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 54.55 25.57 35.31 34.91 37.96

OSTO:BOAT vs BC, PII, THO: Days Payable Comparison

For the Recreational Vehicles subindustry, Nimbus 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.


Nimbus Group AB Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nimbus Group AB's Days Payable distribution charts can be found below:

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


OSTO:BOAT
65GF Score
Nimbus Group AB OSTO:BOAT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nimbus 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.

Nimbus 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
=( (156.781 + 99.496) / 2 ) / 1248.798*365
=128.1385 / 1248.798*365
=37.45

Nimbus 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
=( (99.496 + 103.27) / 2 ) / 243.721*365 / 4
=101.383 / 243.721*365 / 4
=37.96

* 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 37.96 mean?
Nimbus Group AB (OSTO:BOAT) has a Days Payable of 37.96 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 Nimbus Group AB and its competitors. This is 12% below median its historical median of 43.25. Over the past decade, Nimbus Group AB's Days Payable has ranged from 32.91 to 92.94. According to the industry distribution chart, Nimbus Group AB ranks #1101 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 84%.
Is Nimbus Group AB's Days Payable too high?
Nimbus Group AB's current Days Payable of 37.96 is 12% below median its 10-year median of 43.25. Over the past 10 years, this metric has ranged from a low of 32.91 to a high of 92.94. The Vehicles & Parts industry median Days Payable is 67.02. Nimbus Group AB's value of 37.96 is 43.4% below this industry median. Based on the distribution chart, Nimbus Group AB ranks #1101 out of 1310 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nimbus Group AB has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nimbus Group AB's Days Payable compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Nimbus Group AB ranks #1101 out of 1310 companies for Days Payable. This places Nimbus Group AB in the lower half of its industry. The industry median Days Payable is 67.02. Nimbus Group AB's value of 37.96 is 43.4% below this benchmark. Historically, Nimbus Group AB's own Days Payable has ranged from 32.91 to 92.94 over the past decade. While the company's 10-year median is 43.25 vs. the industry median of 67.02, Nimbus 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Nimbus Group AB's current Days Payable of 37.96 is 43.4% 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 Nimbus Group AB and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nimbus Group AB's current Days Payable is 37.96, which is 12% below median its own 10-year median of 43.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nimbus Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nimbus Group AB (OSTO:BOAT) is currently considered Modestly Overvalued. The stock's GF Value™ is kr9.56, compared to a current price of kr12.25 — trading 28.1% above its estimated fair value. The current Days Payable is 37.96, which is 12% below median its 10-year median of 43.25 and 43.4% below the Vehicles & Parts industry median of 67.02. Nimbus Group AB's overall GF Score™ is 65/100 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 Nimbus Group AB (OSTO:BOAT), the current Days Payable is 37.96 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 Nimbus Group AB (OSTO:BOAT) Overvalued in 2026?

Based on GuruFocus' analysis, Nimbus Group AB stock appears to be overvalued. The current stock price of kr12.25 is trading 28.1% above its estimated GF Value™ of kr9.56. GuruFocus considers Nimbus Group AB to be Modestly Overvalued.

Key valuation signals for OSTO:BOAT:

  • Days Payable: 37.96 (12% below median its 10-year median of 43.25)
  • GF Value™: kr9.56 vs. price of kr12.25 (28.1% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 43.4% below the Vehicles & Parts median (#1101 of 1310)

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


Nimbus Group AB Business Description

Other Exchanges 9RN:Germany
Address Nimbus Group, Vastra Frolunda, P.O. Box. 5152, Gothenburg, SWE, S-426 05
Nimbus Group AB is a manufacturer of premium leisure motorboats. Its brand includes Alukin, Aquador, Bella, Falcon, Flipper, Nimbus and Paragon Yachts. The company operates globally, with the greatest presence in the European and American markets.
65GF Score

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

kr12.25
Price
kr9.56
GF Value