Novem GroupWBO:NVM +1.55% Days Payable is 34.13 as of Mar. 2026, which is 47% below its 10-year median of 64.94. The stock has 6 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Novem Group ranks worse than 63.92% on this metric.
The historical rank and industry rank for Novem Group's Days Payable or its related term are showing as below:
WBO:NVM'
s Days Payable Range Over the Past 10 Years
Min: 50.79 Med: 64.94 Max: 80.84
Current: 50.79
During the past 6 years, Novem Group's highest Days Payable was 80.84. The lowest was 50.79. And the median was 64.94.
WBO:NVM's Days Payable is ranked worse than 63.92% of 1311
companies
in the Vehicles & Parts industry
Industry Median: 67.05
vs WBO:NVM: 50.79
Novem Group's Days Payable
declined
from Mar. 2025 (51.55) to Mar. 2026 (34.13).
It may suggest that Novem Groupaccelerated paying its suppliers.
Novem Group Days Payable Related Terms
Novem Group Days Payable Historical Data
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The historical data trend for Novem 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.
For the Auto Parts subindustry, Novem 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.
Novem Group Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Novem Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Novem Group'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.
Novem Group's Days Payable for the fiscal year that ended in Mar. 2026 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.
Novem Group (WBO:NVM) has a Days Payable of 34.13 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 Novem Group and its competitors. This is 47% below median its historical median of 64.94. Over the past decade, Novem Group's Days Payable has ranged from 50.79 to 80.84. According to the industry distribution chart, Novem Group ranks #838 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 63.9%.
Is Novem Group's Days Payable too high?
Novem Group's current Days Payable of 34.13 is 47% below median its 10-year median of 64.94. Over the past 10 years, this metric has ranged from a low of 50.79 to a high of 80.84. The Vehicles & Parts industry median Days Payable is 67.05. Novem Group's value of 34.13 is 49.1% below this industry median. Based on the distribution chart, Novem Group ranks #838 out of 1311 companies in the Vehicles & Parts industry, which is below the industry midpoint.
How does Novem Group's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Novem Group ranks #838 out of 1311 companies for Days Payable. This places Novem Group in the lower half of its industry. The industry median Days Payable is 67.05. Novem Group's value of 34.13 is 49.1% below this benchmark. Historically, Novem Group's own Days Payable has ranged from 50.79 to 80.84 over the past decade. While the company's 10-year median is 64.94 vs. the industry median of 67.05, Novem Group 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.05, based on 1,311 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. Novem Group's current Days Payable of 34.13 is 49.1% 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 Novem Group and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novem Group's current Days Payable is 34.13, which is 47% below median its own 10-year median of 64.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novem Group stock overvalued right now?
Novem Group (WBO:NVM) has a current Days Payable of 34.13. The stock's GF Value™ is €7.63, compared to a current price of €2.62 — trading 65.7% below its estimated fair value. The current Days Payable is 34.13, which is 47% below median its 10-year median of 64.94 and 49.1% below the Vehicles & Parts industry median of 67.05. 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 Novem Group (WBO:NVM), the current Days Payable is 34.13 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.
Novem Group SA operates as a developer, supplier, and system supplier for trim parts and decorative functional elements in vehicle interiors. The products of the company are central consoles, dashboards, beltlines, and others. The company operates in three reportable geographical segments namely Europe, Americas, and Asia. The business activities of these segments include the production, processing, and sale of high-quality trims and decorative functional elements in vehicle interiors. The three reportable operating segments of the Group are Europe, Americas, and Asia.
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