Norditek Group ABOSTO:NOTEK -2.26%58 Days Payable is 36.64 as of Feb. 2026, which is 64% below its 10-year median of 101.23. GuruFocus rates OSTO:NOTEK with a GF Score™ of 58/100 and a GF Value™ of kr15.18 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 232 Waste Management companies, Norditek Group AB ranks worse than 56.03% on this metric.
The historical rank and industry rank for Norditek Group AB's Days Payable or its related term are showing as below:
OSTO:NOTEK'
s Days Payable Range Over the Past 10 Years
Min: 52.09 Med: 101.23 Max: 123.28
Current: 52.09
During the past 5 years, Norditek Group AB's highest Days Payable was 123.28. The lowest was 52.09. And the median was 101.23.
OSTO:NOTEK's Days Payable is ranked worse than 56.03% of 232
companies
in the Waste Management industry
Industry Median: 63.805
vs OSTO:NOTEK: 52.09
Norditek Group AB's Days Payable
increased
from Feb. 2025 (32.32) to Feb. 2026 (36.64).
It may suggest that Norditek Group ABdelayed paying its suppliers.
Norditek Group AB Days Payable Related Terms
Norditek Group AB Days Payable Historical Data
* Premium members only.
The historical data trend for Norditek 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.
OSTO:NOTEK vs WM, RSG, WCN: Days Payable Comparison
For the Waste Management subindustry, Norditek 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.
Norditek Group AB Days Payable vs Waste Management Industry
For the Waste Management industry and Industrials sector, Norditek Group AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Norditek 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.
Norditek Group AB's Days Payable for the fiscal year that ended in Aug. 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.
Norditek Group AB (OSTO:NOTEK) has a Days Payable of 36.64 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Norditek Group AB and its competitors. This is 64% below median its historical median of 101.23. Over the past decade, Norditek Group AB's Days Payable has ranged from 52.09 to 123.28. According to the industry distribution chart, Norditek Group AB ranks #130 out of 232 companies in the Waste Management industry, placing it in the top 56%.
Is Norditek Group AB's Days Payable too high?
Norditek Group AB's current Days Payable of 36.64 is 64% below median its 10-year median of 101.23. Over the past 10 years, this metric has ranged from a low of 52.09 to a high of 123.28. The Waste Management industry median Days Payable is 63.81. Norditek Group AB's value of 36.64 is 42.6% below this industry median. Based on the distribution chart, Norditek Group AB ranks #130 out of 232 companies in the Waste Management industry, which is below the industry midpoint. Overall, Norditek Group AB has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norditek Group AB's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Norditek Group AB ranks #130 out of 232 companies for Days Payable. This places Norditek Group AB in the lower half of its industry. The industry median Days Payable is 63.81. Norditek Group AB's value of 36.64 is 42.6% below this benchmark. Historically, Norditek Group AB's own Days Payable has ranged from 52.09 to 123.28 over the past decade. While the company's 10-year median is 101.23 vs. the industry median of 63.81, Norditek 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.81, based on 232 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. Norditek Group AB's current Days Payable of 36.64 is 42.6% 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 Norditek Group AB and its competitors. For the Waste Management industry, the median Days Payable is 63.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norditek Group AB's current Days Payable is 36.64, which is 64% below median its own 10-year median of 101.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norditek Group AB stock overvalued right now?
Based on GuruFocus' analysis, Norditek Group AB (OSTO:NOTEK) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.18, compared to a current price of kr10.80 — trading 28.9% below its estimated fair value. The current Days Payable is 36.64, which is 64% below median its 10-year median of 101.23 and 42.6% below the Waste Management industry median of 63.81. Norditek Group AB's overall GF Score™ is 58/100 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 Norditek Group AB (OSTO:NOTEK), the current Days Payable is 36.64 as of Feb. 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 Norditek Group AB (OSTO:NOTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Norditek Group AB stock appears to be undervalued.
The current stock price of kr10.80 is trading 28.9% below its estimated GF Value™ of kr15.18.
GuruFocus considers Norditek Group AB to be Modestly Undervalued.
Key valuation signals for OSTO:NOTEK:
Days Payable: 36.64 (64% below median its 10-year median of 101.23)
GF Value™: kr15.18 vs. price of kr10.80 (28.9% below fair value)
Industry Position: 42.6% below the Waste Management median (#130 of 232)
No single metric tells the full story. See the OSTO:NOTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.
58GF Score
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