Neovici Holding AB (publ) Co (OSTO:NEO B) Days Payable: 82.67 (As of Mar. 2026) — 49% Below Median

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OSTO:NEO B Neovici Holding AB (publ) Co OSTO:NEO B
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What is Neovici Holding AB (publ) Co Days Payable?

Neovici Holding AB (publ) Co OSTO:NEO B +0.28% 10 Days Payable is 82.67 as of Mar. 2026, which is 49% below its 10-year median of 161.84. GuruFocus rates OSTO:NEO B with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 2,609 Software companies, Neovici Holding AB (publ) Co ranks better than 73.13% on this metric.

Neovici Holding AB (publ) Co's average Accounts Payable for the three months ended in Mar. 2026 was kr19.2 Mil. Neovici Holding AB (publ) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was kr21.2 Mil. Hence, Neovici Holding AB (publ) Co's Days Payable for the three months ended in Mar. 2026 was 82.67.

The historical rank and industry rank for Neovici Holding AB (publ) Co's Days Payable or its related term are showing as below:

OSTO:NEO B' s Days Payable Range Over the Past 10 Years
Min: 95.39   Med: 161.84   Max: 1633.98
Current: 121.28

During the past 4 years, Neovici Holding AB (publ) Co's highest Days Payable was 1633.98. The lowest was 95.39. And the median was 161.84.

OSTO:NEO B's Days Payable is ranked better than
73.13% of 2609 companies
in the Software industry
Industry Median: 52.45 vs OSTO:NEO B: 121.28

Neovici Holding AB (publ) Co's Days Payable declined from Mar. 2025 (120.02) to Mar. 2026 (82.67). It may suggest that Neovici Holding AB (publ) Co accelerated paying its suppliers.


Neovici Holding AB (publ) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Neovici Holding AB (publ) Co'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.

Neovici Holding AB (publ) Co Days Payable Chart

Neovici Holding AB (publ) Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
1,633.98 95.39 204.48 119.19

Neovici Holding AB (publ) Co Quarterly Data
Dec22 Mar23 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 120.02 125.40 207.22 122.00 82.67

OSTO:NEO B vs QH, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, Neovici Holding AB (publ) Co'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.


Neovici Holding AB (publ) Co Days Payable vs Software Industry

For the Software industry and Technology sector, Neovici Holding AB (publ) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Neovici Holding AB (publ) Co's Days Payable falls into.


OSTO:NEO B
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Neovici Holding AB (publ) Co OSTO:NEO B
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Neovici Holding AB (publ) Co 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.

Neovici Holding AB (publ) Co'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
=( (18.494 + 20.043) / 2 ) / 59.007*365
=19.2685 / 59.007*365
=119.19

Neovici Holding AB (publ) Co'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
=( (20.043 + 18.402) / 2 ) / 21.218*365 / 4
=19.2225 / 21.218*365 / 4
=82.67

* 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 82.67 mean?
Neovici Holding AB (publ) Co (OSTO:NEO B) has a Days Payable of 82.67 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 Neovici Holding AB (publ) Co and its competitors. This is 49% below median its historical median of 161.84. Over the past decade, Neovici Holding AB (publ) Co's Days Payable has ranged from 95.39 to 1,633.98. According to the industry distribution chart, Neovici Holding AB (publ) Co ranks #701 out of 2609 companies in the Software industry, placing it in the top 26.9%.
Is Neovici Holding AB (publ) Co's Days Payable too high?
Neovici Holding AB (publ) Co's current Days Payable of 82.67 is 49% below median its 10-year median of 161.84. Over the past 10 years, this metric has ranged from a low of 95.39 to a high of 1,633.98. The Software industry median Days Payable is 52.45. Neovici Holding AB (publ) Co's value of 82.67 is 57.6% above this industry median. Based on the distribution chart, Neovici Holding AB (publ) Co ranks #701 out of 2609 companies in the Software industry, which is above the industry midpoint. Overall, Neovici Holding AB (publ) Co has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Neovici Holding AB (publ) Co's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Neovici Holding AB (publ) Co ranks #701 out of 2609 companies for Days Payable. This puts Neovici Holding AB (publ) Co in the upper half of its industry. The industry median Days Payable is 52.45. Neovici Holding AB (publ) Co's value of 82.67 is 57.6% above this benchmark. Historically, Neovici Holding AB (publ) Co's own Days Payable has ranged from 95.39 to 1,633.98 over the past decade. While the company's 10-year median is 161.84 vs. the industry median of 52.45, Neovici Holding AB (publ) Co 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 Software company?
The median Days Payable among Software companies is 52.45, based on 2,609 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. Neovici Holding AB (publ) Co's current Days Payable of 82.67 is 57.6% 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 Neovici Holding AB (publ) Co and its competitors. For the Software industry, the median Days Payable is 52.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neovici Holding AB (publ) Co's current Days Payable is 82.67, which is 49% below median its own 10-year median of 161.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neovici Holding AB (publ) Co stock overvalued right now?
Neovici Holding AB (publ) Co (OSTO:NEO B) has a current Days Payable of 82.67. The current Days Payable is 82.67, which is 49% below median its 10-year median of 161.84 and 57.6% above the Software industry median of 52.45. Neovici Holding AB (publ) Co's overall GF Score™ is 10/100 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 Neovici Holding AB (publ) Co (OSTO:NEO B), the current Days Payable is 82.67 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.

Neovici Holding AB (publ) Co Business Description

Address Stora Nygatan 27, Stockholm, SWE, 111 27
Neovici Holding AB (publ) Co is engaged in providing automated financial services through a SaaS model (Software-as-a-Service). It develop, sell and implement a cloud-based platform for financial automation. The company operates in the Nordic region and in Latin America.
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