Nordic Iron Ore AB (OSTO:NIO) Days Payable: 0.00 (As of Mar. 2026)


OSTO:NIO Nordic Iron Ore AB OSTO:NIO
27 GF Score
Price kr4.42
! 1 Warning Sign
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What is Nordic Iron Ore AB Days Payable?

Nordic Iron Ore AB OSTO:NIO +0.91% 27 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates OSTO:NIO with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 1,064 Metals & Mining companies, Nordic Iron Ore AB ranks worse than 93984.87% on this metric.

Nordic Iron Ore AB's average Accounts Payable for the three months ended in Mar. 2026 was kr10.70 Mil. Nordic Iron Ore AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr-8.08 Mil.

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

During the past 13 years, Nordic Iron Ore AB's highest Days Payable was 22826.54. The lowest was 171.69. And the median was 751.63.

OSTO:NIO's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.885
* Ranked among companies with meaningful Days Payable only.

Nordic Iron Ore AB's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same

Nordic Iron Ore AB Days Payable Historical Data

* Premium members only.

The historical data trend for Nordic Iron Ore 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.

Nordic Iron Ore AB Days Payable Chart

Nordic Iron Ore 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 185.52 171.69 3,655.18 268.39 4,669.31

Nordic Iron Ore 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 0.00 0.00 0.00 2,880.43 0.00

Nordic Iron Ore AB Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nordic Iron Ore 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 Iron Ore AB Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nordic Iron Ore AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Nordic Iron Ore AB's Days Payable falls into.


OSTO:NIO
27GF Score
Nordic Iron Ore AB OSTO:NIO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Iron Ore 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.

Nordic Iron Ore 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
=( (2.501 + 10.701) / 2 ) / 0.516*365
=6.601 / 0.516*365
=4,669.31

Nordic Iron Ore 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
=( (10.701 + 0) / 1 ) / -8.078*365 / 4
=10.701 / -8.078*365 / 4
=N/A

* 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 0.00 mean?
Nordic Iron Ore AB (OSTO:NIO) has a Days Payable of 0.00 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 Iron Ore AB and its competitors. Over the past decade, Nordic Iron Ore AB's Days Payable has ranged from 171.69 to 22,826.54. According to the industry distribution chart, Nordic Iron Ore AB ranks #999999 out of 1064 companies in the Metals & Mining industry.
Is Nordic Iron Ore AB's Days Payable too high?
Nordic Iron Ore AB's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 171.69 to a high of 22,826.54. Based on the distribution chart, Nordic Iron Ore AB ranks #999999 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nordic Iron Ore AB has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Iron Ore AB's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Nordic Iron Ore AB ranks #999999 out of 1064 companies for Days Payable. This places Nordic Iron Ore AB in the lower half of its industry. The industry median Days Payable is 126.89. Historically, Nordic Iron Ore AB's own Days Payable has ranged from 171.69 to 22,826.54 over the past decade. 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 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. 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 Iron Ore AB and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Iron Ore AB's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Iron Ore AB stock overvalued right now?
Nordic Iron Ore AB (OSTO:NIO) has a current Days Payable of 0.00. The current Days Payable is 0.00. Nordic Iron Ore AB's overall GF Score™ is 27/100 with 1 warning sign 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 Iron Ore AB (OSTO:NIO), the current Days Payable is 0.00 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.

Nordic Iron Ore AB Business Description

Other Exchanges NIO:Germany
Address Jagarnasvagen 22, Ludvika, SWE, SE-771 42
Nordic Iron Ore AB is an exploration and mining company, through the management and development of the exploration permits and mining concessions held by the company relating to iron ore deposits in Vasterbergslagen. The deposit consists of two types of iron-bearing minerals, haematite and magnetite, as well as phosphate minerals, where apatite is of interest. It operates in Blotberget, Haksberg, and Vasman regions. The company operates in single segment, namely the exploration for and evaluation of mineral resources in Sweden.
27GF Score

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