SP Group ASSPGGF 95 Days Payable is 45.02 as of Mar. 2026, which is 3% above its 10-year median of 43.75. GuruFocus rates SPGGF with a GF Score™ of 95/100 and a GF Value™ of $23.63. The stock has 8 warning signs investors should review. Among 1,560 Chemicals companies, SP Group AS ranks worse than 60.77% on this metric.
The historical rank and industry rank for SP Group AS's Days Payable or its related term are showing as below:
SPGGF'
s Days Payable Range Over the Past 10 Years
Min: 38.8 Med: 43.75 Max: 53.47
Current: 50.41
During the past 13 years, SP Group AS's highest Days Payable was 53.47. The lowest was 38.80. And the median was 43.75.
SPGGF's Days Payable is ranked worse than 60.77% of 1560
companies
in the Chemicals industry
Industry Median: 59.915
vs SPGGF: 50.41
SP Group AS's Days Payable
increased
from Mar. 2025 (40.56) to Mar. 2026 (45.02).
It may suggest that SP Group ASdelayed paying its suppliers.
SP Group AS Days Payable Related Terms
SP Group AS Days Payable Historical Data
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The historical data trend for SP Group AS'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.
For the Specialty Chemicals subindustry, SP Group AS'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.
SP Group AS Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SP Group AS's Days Payable distribution charts can be found below:
* The bar in red indicates where SP Group AS'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.
SP Group AS'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.
SP Group AS (SPGGF) has a Days Payable of 45.02 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 SP Group AS and its competitors. This is near median its historical median of 43.75. Over the past decade, SP Group AS's Days Payable has ranged from 38.80 to 53.47. According to the industry distribution chart, SP Group AS ranks #948 out of 1560 companies in the Chemicals industry, placing it in the top 60.8%.
Is SP Group AS's Days Payable too high?
SP Group AS's current Days Payable of 45.02 is near median its 10-year median of 43.75. Over the past 10 years, this metric has ranged from a low of 38.80 to a high of 53.47. The Chemicals industry median Days Payable is 59.92. SP Group AS's value of 45.02 is 24.9% below this industry median. Based on the distribution chart, SP Group AS ranks #948 out of 1560 companies in the Chemicals industry, which is below the industry midpoint. Overall, SP Group AS has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #948 out of 1560 companies for Days Payable. This places SP Group AS in the lower half of its industry. The industry median Days Payable is 59.92. SP Group AS's value of 45.02 is 24.9% below this benchmark. Historically, SP Group AS's own Days Payable has ranged from 38.80 to 53.47 over the past decade. While the company's 10-year median is 43.75 vs. the industry median of 59.92, SP Group AS 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.92, based on 1,560 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. SP Group AS's current Days Payable of 45.02 is 24.9% 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 SP Group AS and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current Days Payable is 45.02, which is near median its own 10-year median of 43.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Group AS stock overvalued right now?
SP Group AS (SPGGF) has a current Days Payable of 45.02. The stock's GF Value™ is $23.63, compared to a current price of $29.71 — trading 25.7% above its estimated fair value. The current Days Payable is 45.02, which is near median its 10-year median of 43.75 and 24.9% below the Chemicals industry median of 59.92. SP Group AS's overall GF Score™ is 95/100 with 8 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 SP Group AS (SPGGF), the current Days Payable is 45.02 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 SP Group AS (SPGGF) Overvalued in 2026?
Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued.
The current stock price of $29.71 is trading 25.7% above its estimated GF Value™ of $23.63.
Key valuation signals for SPGGF:
Days Payable: 45.02 (near median its 10-year median of 43.75)
GF Value™: $23.63 vs. price of $29.71 (25.7% above fair value)
Industry Position: 24.9% below the Chemicals median (#948 of 1560)
No single metric tells the full story. See the SPGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.
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