Karnov Group AB (OSTO:KAR) Days Payable: 21.69 (As of Mar. 2026) — 27% Below Median


OSTO:KAR Karnov Group AB OSTO:KAR
77 GF Score
Price kr68.60
GF Value kr83.48
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Karnov Group AB Days Payable?

Karnov Group AB OSTO:KAR +1.18% 77 Days Payable is 21.69 as of Mar. 2026, which is 27% below its 10-year median of 29.63. GuruFocus rates OSTO:KAR with a GF Score™ of 77/100 and a GF Value™ of kr83.48 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 943 Business Services companies, Karnov Group AB ranks worse than 64.05% on this metric.

Karnov Group AB's average Accounts Payable for the three months ended in Mar. 2026 was kr78 Mil. Karnov Group AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr328 Mil. Hence, Karnov Group AB's Days Payable for the three months ended in Mar. 2026 was 21.69.

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

OSTO:KAR' s Days Payable Range Over the Past 10 Years
Min: 14.24   Med: 29.63   Max: 188.71
Current: 30.23

During the past 10 years, Karnov Group AB's highest Days Payable was 188.71. The lowest was 14.24. And the median was 29.63.

OSTO:KAR's Days Payable is ranked worse than
64.05% of 943 companies
in the Business Services industry
Industry Median: 46.84 vs OSTO:KAR: 30.23

Karnov Group AB's Days Payable declined from Mar. 2025 (22.73) to Mar. 2026 (21.69). It may suggest that Karnov Group AB accelerated paying its suppliers.


Karnov Group AB Days Payable Historical Data

* Premium members only.

The historical data trend for Karnov 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.

Karnov Group AB Days Payable Chart

Karnov 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 19.31 188.71 124.35 116.72 115.10

Karnov 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 22.73 17.59 74.37 82.88 21.69

OSTO:KAR vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Karnov 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.


Karnov Group AB Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Karnov Group AB's Days Payable distribution charts can be found below:

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


OSTO:KAR
77GF Score
Karnov Group AB OSTO:KAR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Karnov 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.

Karnov 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
=( (111.9 + 93.2) / 2 ) / 325.2*365
=102.55 / 325.2*365
=115.10

Karnov 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
=( (93.2 + 62.8) / 2 ) / 328.2*365 / 4
=78 / 328.2*365 / 4
=21.69

* 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 21.69 mean?
Karnov Group AB (OSTO:KAR) has a Days Payable of 21.69 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 Karnov Group AB and its competitors. This is 27% below median its historical median of 29.63. Over the past decade, Karnov Group AB's Days Payable has ranged from 14.24 to 188.71. According to the industry distribution chart, Karnov Group AB ranks #604 out of 943 companies in the Business Services industry, placing it in the top 64.1%.
Is Karnov Group AB's Days Payable too high?
Karnov Group AB's current Days Payable of 21.69 is 27% below median its 10-year median of 29.63. Over the past 10 years, this metric has ranged from a low of 14.24 to a high of 188.71. The Business Services industry median Days Payable is 46.84. Karnov Group AB's value of 21.69 is 53.7% below this industry median. Based on the distribution chart, Karnov Group AB ranks #604 out of 943 companies in the Business Services industry, which is below the industry midpoint. Overall, Karnov Group AB has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karnov Group AB's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Karnov Group AB ranks #604 out of 943 companies for Days Payable. This places Karnov Group AB in the lower half of its industry. The industry median Days Payable is 46.84. Karnov Group AB's value of 21.69 is 53.7% below this benchmark. Historically, Karnov Group AB's own Days Payable has ranged from 14.24 to 188.71 over the past decade. While the company's 10-year median is 29.63 vs. the industry median of 46.84, Karnov 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 Business Services company?
The median Days Payable among Business Services companies is 46.84, based on 943 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. Karnov Group AB's current Days Payable of 21.69 is 53.7% 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 Karnov Group AB and its competitors. For the Business Services industry, the median Days Payable is 46.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnov Group AB's current Days Payable is 21.69, which is 27% below median its own 10-year median of 29.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnov Group AB stock overvalued right now?
Based on GuruFocus' analysis, Karnov Group AB (OSTO:KAR) is currently considered Modestly Undervalued. The stock's GF Value™ is kr83.48, compared to a current price of kr68.60 — trading 17.8% below its estimated fair value. The current Days Payable is 21.69, which is 27% below median its 10-year median of 29.63 and 53.7% below the Business Services industry median of 46.84. Karnov Group AB's overall GF Score™ is 77/100 with 4 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 Karnov Group AB (OSTO:KAR), the current Days Payable is 21.69 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 Karnov Group AB (OSTO:KAR) Overvalued in 2026?

Based on GuruFocus' analysis, Karnov Group AB stock appears to be undervalued. The current stock price of kr68.60 is trading 17.8% below its estimated GF Value™ of kr83.48. GuruFocus considers Karnov Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:KAR:

  • Days Payable: 21.69 (27% below median its 10-year median of 29.63)
  • GF Value™: kr83.48 vs. price of kr68.60 (17.8% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 53.7% below the Business Services median (#604 of 943)

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


Karnov Group AB Business Description

Other Exchanges KARs:UK0A39:UK3UA:Germany
Address Flemminggatan 14, Stockholm, SWE, 112 26
Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov Group Denmark, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, Notisum, Echoline, BELLA Intelligence. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.
77GF Score

Get the complete analysis for OSTO:KAR

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

kr68.60
Price
kr83.48
GF Value