AF Gruppen ASA (STU:AF8) Days Payable: 100.05 (As of Mar. 2026) — 53% Above Median


STU:AF8 AF Gruppen ASA STU:AF8
75 GF Score
Price €16.94
GF Value €13.87
Valuation Modestly Overvalued
! 3 Warning Signs
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What is AF Gruppen ASA Days Payable?

AF Gruppen ASA STU:AF8 -1.05% 75 Days Payable is 100.05 as of Mar. 2026, which is 53% above its 10-year median of 65.20. GuruFocus rates STU:AF8 with a GF Score™ of 75/100 and a GF Value™ of €13.87 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,714 Construction companies, AF Gruppen ASA ranks better than 66.8% on this metric.

AF Gruppen ASA's average Accounts Payable for the three months ended in Mar. 2026 was €507 Mil. AF Gruppen ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was €462 Mil. Hence, AF Gruppen ASA's Days Payable for the three months ended in Mar. 2026 was 100.05.

The historical rank and industry rank for AF Gruppen ASA's Days Payable or its related term are showing as below:

STU:AF8' s Days Payable Range Over the Past 10 Years
Min: 61.3   Med: 65.2   Max: 114.5
Current: 114.5

During the past 13 years, AF Gruppen ASA's highest Days Payable was 114.50. The lowest was 61.30. And the median was 65.20.

STU:AF8's Days Payable is ranked better than
66.8% of 1714 companies
in the Construction industry
Industry Median: 76.695 vs STU:AF8: 114.50

AF Gruppen ASA's Days Payable declined from Mar. 2025 (104.77) to Mar. 2026 (100.05). It may suggest that AF Gruppen ASA accelerated paying its suppliers.


AF Gruppen ASA Days Payable Historical Data

* Premium members only.

The historical data trend for AF Gruppen ASA'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.

AF Gruppen ASA Days Payable Chart

AF Gruppen ASA 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 60.96 63.58 76.54 71.86 66.35

AF Gruppen ASA 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 104.77 122.65 130.45 95.54 100.05

STU:AF8 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, AF Gruppen ASA'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.


AF Gruppen ASA Days Payable vs Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where AF Gruppen ASA's Days Payable falls into.


STU:AF8
75GF Score
AF Gruppen ASA STU:AF8
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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AF Gruppen ASA 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.

AF Gruppen ASA'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
=( (317.896 + 321.257) / 2 ) / 1758.124*365
=319.5765 / 1758.124*365
=66.35

AF Gruppen ASA'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
=( (321.257 + 692.1) / 2 ) / 462.117*365 / 4
=506.6785 / 462.117*365 / 4
=100.05

* 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 100.05 mean?
AF Gruppen ASA (STU:AF8) has a Days Payable of 100.05 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 AF Gruppen ASA and its competitors. This is 53% above median its historical median of 65.20. Over the past decade, AF Gruppen ASA's Days Payable has ranged from 61.30 to 114.50. According to the industry distribution chart, AF Gruppen ASA ranks #569 out of 1714 companies in the Construction industry, placing it in the top 33.2%.
Is AF Gruppen ASA's Days Payable too high?
AF Gruppen ASA's current Days Payable of 100.05 is 53% above median its 10-year median of 65.20. Over the past 10 years, this metric has ranged from a low of 61.30 to a high of 114.50. The Construction industry median Days Payable is 76.70. AF Gruppen ASA's value of 100.05 is 30.5% above this industry median. Based on the distribution chart, AF Gruppen ASA ranks #569 out of 1714 companies in the Construction industry, which is above the industry midpoint. Overall, AF Gruppen ASA has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AF Gruppen ASA's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, AF Gruppen ASA ranks #569 out of 1714 companies for Days Payable. This puts AF Gruppen ASA in the upper half of its industry. The industry median Days Payable is 76.70. AF Gruppen ASA's value of 100.05 is 30.5% above this benchmark. Historically, AF Gruppen ASA's own Days Payable has ranged from 61.30 to 114.50 over the past decade. While the company's 10-year median is 65.20 vs. the industry median of 76.70, AF Gruppen ASA 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 76.70, 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. AF Gruppen ASA's current Days Payable of 100.05 is 30.5% 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 AF Gruppen ASA and its competitors. For the Construction industry, the median Days Payable is 76.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AF Gruppen ASA's current Days Payable is 100.05, which is 53% above median its own 10-year median of 65.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF Gruppen ASA stock overvalued right now?
Based on GuruFocus' analysis, AF Gruppen ASA (STU:AF8) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.87, compared to a current price of €16.94 — trading 22.1% above its estimated fair value. The current Days Payable is 100.05, which is 53% above median its 10-year median of 65.20 and 30.5% above the Construction industry median of 76.70. AF Gruppen ASA's overall GF Score™ is 75/100 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 AF Gruppen ASA (STU:AF8), the current Days Payable is 100.05 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 AF Gruppen ASA (STU:AF8) Overvalued in 2026?

Based on GuruFocus' analysis, AF Gruppen ASA stock appears to be overvalued. The current stock price of €16.94 is trading 22.1% above its estimated GF Value™ of €13.87. GuruFocus considers AF Gruppen ASA to be Modestly Overvalued.

Key valuation signals for STU:AF8:

  • Days Payable: 100.05 (53% above median its 10-year median of 65.20)
  • GF Value™: €13.87 vs. price of €16.94 (22.1% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 30.5% above the Construction median (#569 of 1714)

No single metric tells the full story. See the STU:AF8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AF Gruppen ASA Business Description

Address Innspurten 15, P.O. box 6272, Oslo, NOR, 0603
AF Gruppen ASA A is one of Norway's contracting and industrial groups. The company provides services in areas of civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants.
75GF Score

Get the complete analysis for STU:AF8

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

€16.94
Price
€13.87
GF Value