Northbaze Group AB (OSTO:NBZ) Days Payable: 48.11 (As of Sep. 2025) — 29% Below Median

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OSTO:NBZ Northbaze Group AB OSTO:NBZ
50 GF Score
Price kr0.12
GF Value kr0.63
! 3 Warning Signs
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What is Northbaze Group AB Days Payable?

Northbaze Group AB OSTO:NBZ 50 Days Payable is 48.11 as of Sep. 2025, which is 29% below its 10-year median of 68.12. GuruFocus rates OSTO:NBZ with a GF Score™ of 50/100 and a GF Value™ of kr0.63. The stock has 3 warning signs investors should review.

Northbaze Group AB's average Accounts Payable for the three months ended in Sep. 2025 was kr32.8 Mil. Northbaze Group AB's Cost of Goods Sold for the three months ended in Sep. 2025 was kr62.3 Mil. Hence, Northbaze Group AB's Days Payable for the three months ended in Sep. 2025 was 48.11.

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

OSTO:NBZ' s Days Payable Range Over the Past 10 Years
Min: 35.19   Med: 68.12   Max: 199.08
Current: 35.19

During the past 13 years, Northbaze Group AB's highest Days Payable was 199.08. The lowest was 35.19. And the median was 68.12.

OSTO:NBZ's Days Payable is not ranked
in the Hardware industry.
Industry Median: 69.89 vs OSTO:NBZ: 35.19

Northbaze Group AB's Days Payable increased from Sep. 2024 (45.91) to Sep. 2025 (48.11). It may suggest that Northbaze Group AB delayed paying its suppliers.


Northbaze Group AB Days Payable Historical Data

* Premium members only.

The historical data trend for Northbaze 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.

Northbaze Group AB Days Payable Chart

Northbaze Group AB Annual Data
Trend Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.95 64.77 55.59 81.85 40.67

Northbaze Group AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 45.91 20.56 46.49 30.97 48.11

OSTO:NBZ vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, Northbaze 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.


Northbaze Group AB Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Northbaze Group AB's Days Payable distribution charts can be found below:

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


OSTO:NBZ
50GF Score
Northbaze Group AB OSTO:NBZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Northbaze 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.

Northbaze Group AB's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (13.355 + 21.015) / 2 ) / 154.218*365
=17.185 / 154.218*365
=40.67

Northbaze Group AB's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (26.685 + 38.972) / 2 ) / 62.265*365 / 4
=32.8285 / 62.265*365 / 4
=48.11

* 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 48.11 mean?
Northbaze Group AB (OSTO:NBZ) has a Days Payable of 48.11 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Northbaze Group AB and its competitors. This is 29% below median its historical median of 68.12. Over the past decade, Northbaze Group AB's Days Payable has ranged from 35.19 to 199.08.
Is Northbaze Group AB's Days Payable too high?
Northbaze Group AB's current Days Payable of 48.11 is 29% below median its 10-year median of 68.12. Over the past 10 years, this metric has ranged from a low of 35.19 to a high of 199.08. The Hardware industry median Days Payable is 69.89. Northbaze Group AB's value of 48.11 is 31.2% below this industry median. Overall, Northbaze Group AB has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Northbaze Group AB's Days Payable compare to AAPL?
Northbaze Group AB's Days Payable of 48.11 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.89. Northbaze Group AB's value of 48.11 is 31.2% below this benchmark. Historically, Northbaze Group AB's own Days Payable has ranged from 35.19 to 199.08 over the past decade. While the company's 10-year median is 68.12 vs. the industry median of 69.89, Northbaze 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 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. Northbaze Group AB's current Days Payable of 48.11 is 31.2% 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 Northbaze Group AB and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northbaze Group AB's current Days Payable is 48.11, which is 29% below median its own 10-year median of 68.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northbaze Group AB stock overvalued right now?
Northbaze Group AB (OSTO:NBZ) has a current Days Payable of 48.11. The stock's GF Value™ is kr0.63, compared to a current price of kr0.12 — trading 81% below its estimated fair value. The current Days Payable is 48.11, which is 29% below median its 10-year median of 68.12 and 31.2% below the Hardware industry median of 69.89. Northbaze Group AB's overall GF Score™ is 50/100 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 Northbaze Group AB (OSTO:NBZ), the current Days Payable is 48.11 as of Sep. 2025. 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 Northbaze Group AB (OSTO:NBZ) Overvalued in 2026?

Based on GuruFocus' analysis, Northbaze Group AB stock appears to be undervalued. The current stock price of kr0.12 is trading 81% below its estimated GF Value™ of kr0.63.

Key valuation signals for OSTO:NBZ:

  • Days Payable: 48.11 (29% below median its 10-year median of 68.12)
  • GF Value™: kr0.63 vs. price of kr0.12 (81% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 31.2% below the Hardware median

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


Northbaze Group AB Business Description

Address Kumla-Frasses gata 2A, Kumla, Orebro, SWE, 692 23
Northbaze Group AB is engaged in sales, development, marketing and support of audio products, as well as owns and manages shares in subsidiaries, manage trademarks, design protection and patents. The company develops, designs and produces headphones, speakers and tech accessories under different brands. The brand portfolio currently consists of the brands Jays Headphones, KAVAJ and Krusell.
50GF Score

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

kr0.12
Price
kr0.63
GF Value