Nordic Flanges Group ABOSTO:NFGAB +2.56%32 Days Payable is 69.02 as of Mar. 2026, which is 11% above its 10-year median of 62.15. GuruFocus rates OSTO:NFGAB with a GF Score™ of 32/100 and a GF Value™ of kr5.24 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,987 Industrial Products companies, Nordic Flanges Group AB ranks better than 85.1% on this metric.
The historical rank and industry rank for Nordic Flanges Group AB's Days Payable or its related term are showing as below:
OSTO:NFGAB'
s Days Payable Range Over the Past 10 Years
Min: 37.8 Med: 62.15 Max: 193.13
Current: 193.13
During the past 13 years, Nordic Flanges Group AB's highest Days Payable was 193.13. The lowest was 37.80. And the median was 62.15.
OSTO:NFGAB's Days Payable is ranked better than 85.1% of 2987
companies
in the Industrial Products industry
Industry Median: 78.05
vs OSTO:NFGAB: 193.13
* 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.
OSTO:NFGAB vs CRS, ATI, MLI: Days Payable Comparison
For the Metal Fabrication subindustry, Nordic Flanges 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.
Nordic Flanges Group AB Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nordic Flanges Group AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Nordic Flanges Group AB's Days Payable falls into.
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.
Nordic Flanges Group AB's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Nordic Flanges Group AB (OSTO:NFGAB) has a Days Payable of 69.02 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 Nordic Flanges Group AB and its competitors. This is 11% above median its historical median of 62.15. Over the past decade, Nordic Flanges Group AB's Days Payable has ranged from 37.80 to 193.13. According to the industry distribution chart, Nordic Flanges Group AB ranks #445 out of 2987 companies in the Industrial Products industry, placing it in the top 14.9%.
Is Nordic Flanges Group AB's Days Payable too high?
Nordic Flanges Group AB's current Days Payable of 69.02 is 11% above median its 10-year median of 62.15. Over the past 10 years, this metric has ranged from a low of 37.80 to a high of 193.13. The Industrial Products industry median Days Payable is 78.05. Nordic Flanges Group AB's value of 69.02 is 11.6% below this industry median. Based on the distribution chart, Nordic Flanges Group AB ranks #445 out of 2987 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nordic Flanges Group AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Flanges Group AB's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nordic Flanges Group AB ranks #445 out of 2987 companies for Days Payable. This places Nordic Flanges Group AB in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Nordic Flanges Group AB's value of 69.02 is 11.6% below this benchmark. Historically, Nordic Flanges Group AB's own Days Payable has ranged from 37.80 to 193.13 over the past decade. While the company's 10-year median is 62.15 vs. the industry median of 78.05, Nordic Flanges 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Nordic Flanges Group AB's current Days Payable of 69.02 is 11.6% 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 Nordic Flanges Group AB and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Flanges Group AB's current Days Payable is 69.02, which is 11% above median its own 10-year median of 62.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Flanges Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nordic Flanges Group AB (OSTO:NFGAB) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.24, compared to a current price of kr24.00 — trading 358% above its estimated fair value. The current Days Payable is 69.02, which is 11% above median its 10-year median of 62.15 and 11.6% below the Industrial Products industry median of 78.05. Nordic Flanges Group AB's overall GF Score™ is 32/100 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 Nordic Flanges Group AB (OSTO:NFGAB), the current Days Payable is 69.02 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 Nordic Flanges Group AB (OSTO:NFGAB) Overvalued in 2026?
Based on GuruFocus' analysis, Nordic Flanges Group AB stock appears to be overvalued.
The current stock price of kr24.00 is trading 358% above its estimated GF Value™ of kr5.24.
GuruFocus considers Nordic Flanges Group AB to be Significantly Overvalued.
Key valuation signals for OSTO:NFGAB:
Days Payable: 69.02 (11% above median its 10-year median of 62.15)
GF Value™: kr5.24 vs. price of kr24.00 (358% above fair value)
Industry Position: 11.6% below the Industrial Products median (#445 of 2987)
No single metric tells the full story. See the OSTO:NFGAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordic Flanges Group AB is a supplier of industrial flanges in the Nordic region. Its business concept is to deliver flange solutions in stainless steel, aluminum and steel with the customer service on the market. Its products include Stainless steel, carbon steel, aluminum, and laboratory equipment.
32GF Score
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