Nordic Group (SGX:MR7) Days Payable: 142.38 (As of Dec. 2025) — 49% Above Median

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SGX:MR7 Nordic Group Ltd SGX:MR7
67 GF Score
Price S$0.54
GF Value S$0.35
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nordic Group Days Payable?

Nordic Group SGX:MR7 +1.89% 67 Days Payable is 142.38 as of Dec. 2025, which is 49% above its 10-year median of 95.47. GuruFocus rates SGX:MR7 with a GF Score™ of 67/100 and a GF Value™ of S$0.35 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,714 Construction companies, Nordic Group ranks better than 65.52% on this metric.

Nordic Group's average Accounts Payable for the six months ended in Dec. 2025 was S$36.8 Mil. Nordic Group's Cost of Goods Sold for the six months ended in Dec. 2025 was S$47.2 Mil. Hence, Nordic Group's Days Payable for the six months ended in Dec. 2025 was 142.38.

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

SGX:MR7' s Days Payable Range Over the Past 10 Years
Min: 80.84   Med: 95.47   Max: 118.08
Current: 110.36

During the past 13 years, Nordic Group's highest Days Payable was 118.08. The lowest was 80.84. And the median was 95.47.

SGX:MR7's Days Payable is ranked better than
65.52% of 1714 companies
in the Construction industry
Industry Median: 76.41 vs SGX:MR7: 110.36

Nordic Group's Days Payable increased from Dec. 2024 (85.92) to Dec. 2025 (142.38). It may suggest that Nordic Group delayed paying its suppliers.


Nordic Group Days Payable Historical Data

* Premium members only.

The historical data trend for Nordic Group'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 Group Days Payable Chart

Nordic Group 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 113.52 92.48 101.50 93.49 102.65

Nordic Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 108.77 100.37 85.92 93.97 142.38

SGX:MR7 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Nordic Group'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 Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Nordic Group's Days Payable distribution charts can be found below:

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


SGX:MR7
67GF Score
Nordic Group Ltd SGX:MR7
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Group 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 Group'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
=( (28.719 + 34.735) / 2 ) / 112.809*365
=31.727 / 112.809*365
=102.65

Nordic Group's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (38.872 + 34.735) / 2 ) / 47.173*365 / 2
=36.8035 / 47.173*365 / 2
=142.38

* 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 142.38 mean?
Nordic Group (SGX:MR7) has a Days Payable of 142.38 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nordic Group and its competitors. This is 49% above median its historical median of 95.47. Over the past decade, Nordic Group's Days Payable has ranged from 80.84 to 118.08. According to the industry distribution chart, Nordic Group ranks #591 out of 1714 companies in the Construction industry, placing it in the top 34.5%.
Is Nordic Group's Days Payable too high?
Nordic Group's current Days Payable of 142.38 is 49% above median its 10-year median of 95.47. Over the past 10 years, this metric has ranged from a low of 80.84 to a high of 118.08. The Construction industry median Days Payable is 76.41. Nordic Group's value of 142.38 is 86.3% above this industry median. Based on the distribution chart, Nordic Group ranks #591 out of 1714 companies in the Construction industry, which is above the industry midpoint. Overall, Nordic Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Group's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Nordic Group ranks #591 out of 1714 companies for Days Payable. This puts Nordic Group in the upper half of its industry. The industry median Days Payable is 76.41. Nordic Group's value of 142.38 is 86.3% above this benchmark. Historically, Nordic Group's own Days Payable has ranged from 80.84 to 118.08 over the past decade. While the company's 10-year median is 95.47 vs. the industry median of 76.41, Nordic Group 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 Construction company?
The median Days Payable among Construction companies is 76.41, based on 1,714 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 Group's current Days Payable of 142.38 is 86.3% 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 Nordic Group and its competitors. For the Construction industry, the median Days Payable is 76.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Group's current Days Payable is 142.38, which is 49% above median its own 10-year median of 95.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Group stock overvalued right now?
Based on GuruFocus' analysis, Nordic Group (SGX:MR7) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.35, compared to a current price of S$0.54 — trading 54.3% above its estimated fair value. The current Days Payable is 142.38, which is 49% above median its 10-year median of 95.47 and 86.3% above the Construction industry median of 76.41. Nordic Group's overall GF Score™ is 67/100 with 2 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 Group (SGX:MR7), the current Days Payable is 142.38 as of Dec. 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 Nordic Group (SGX:MR7) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Group stock appears to be overvalued. The current stock price of S$0.54 is trading 54.3% above its estimated GF Value™ of S$0.35. GuruFocus considers Nordic Group to be Significantly Overvalued.

Key valuation signals for SGX:MR7:

  • Days Payable: 142.38 (49% above median its 10-year median of 95.47)
  • GF Value™: S$0.35 vs. price of S$0.54 (54.3% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 86.3% above the Construction median (#591 of 1714)

No single metric tells the full story. See the SGX:MR7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic Group Business Description

Address 2 Tuas Avenue 10, Singapore, SGP, 639126
Nordic Group Ltd is an investment holding company. Its operating business segments include i) Project Services: It includes projects that requires engineering, design, fabrication, procurement, construction, machining, scaffolding works, insulation services and passive fireproofing services, ii) Maintenance Services: It includes maintenance and repair services, including trading and supply of material, spare parts and components, and iii) Others. The majority of the company's revenue is derived from the Project Services segment. Geographically, the maximum revenue is generated from Singapore, and the rest from China, Malaysia, the Middle East and the United States.
67GF Score

Get the complete analysis for SGX:MR7

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

S$0.54
Price
S$0.35
GF Value