Novabase SGPS (XLIS:NBA) Days Payable: 14.11 (As of Dec. 2025) — 52% Below Median

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XLIS:NBA Novabase SGPS XLIS:NBA
55 GF Score
Price €7.82
GF Value €4.25
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Novabase SGPS Days Payable?

Novabase SGPS XLIS:NBA -0.51% 55 Days Payable is 14.11 as of Dec. 2025, which is 52% below its 10-year median of 29.20. GuruFocus rates XLIS:NBA with a GF Score™ of 55/100 and a GF Value™ of €4.25 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,605 Software companies, Novabase SGPS ranks worse than 86.41% on this metric.

Novabase SGPS's average Accounts Payable for the six months ended in Dec. 2025 was €2.6 Mil. Novabase SGPS's Cost of Goods Sold for the six months ended in Dec. 2025 was €33.6 Mil. Hence, Novabase SGPS's Days Payable for the six months ended in Dec. 2025 was 14.11.

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

XLIS:NBA' s Days Payable Range Over the Past 10 Years
Min: 14.99   Med: 29.2   Max: 56.04
Current: 14.99

During the past 13 years, Novabase SGPS's highest Days Payable was 56.04. The lowest was 14.99. And the median was 29.20.

XLIS:NBA's Days Payable is ranked worse than
86.41% of 2605 companies
in the Software industry
Industry Median: 52.79 vs XLIS:NBA: 14.99

Novabase SGPS's Days Payable declined from Dec. 2024 (19.57) to Dec. 2025 (14.11). It may suggest that Novabase SGPS accelerated paying its suppliers.


Novabase SGPS Days Payable Historical Data

* Premium members only.

The historical data trend for Novabase SGPS'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.

Novabase SGPS Days Payable Chart

Novabase SGPS 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 21.67 32.29 29.85 20.22 15.15

Novabase SGPS 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 22.90 22.42 19.57 15.69 14.11

XLIS:NBA vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Novabase SGPS'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.


Novabase SGPS Days Payable vs Software Industry

For the Software industry and Technology sector, Novabase SGPS's Days Payable distribution charts can be found below:

* The bar in red indicates where Novabase SGPS's Days Payable falls into.


XLIS:NBA
55GF Score
Novabase SGPS XLIS:NBA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Novabase SGPS 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.

Novabase SGPS'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
=( (3.274 + 2.434) / 2 ) / 68.752*365
=2.854 / 68.752*365
=15.15

Novabase SGPS'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
=( (2.765 + 2.434) / 2 ) / 33.625*365 / 2
=2.5995 / 33.625*365 / 2
=14.11

* 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 14.11 mean?
Novabase SGPS (XLIS:NBA) has a Days Payable of 14.11 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 Novabase SGPS and its competitors. This is 52% below median its historical median of 29.20. Over the past decade, Novabase SGPS's Days Payable has ranged from 14.99 to 56.04. According to the industry distribution chart, Novabase SGPS ranks #2251 out of 2605 companies in the Software industry, placing it in the top 86.4%.
Is Novabase SGPS's Days Payable too high?
Novabase SGPS's current Days Payable of 14.11 is 52% below median its 10-year median of 29.20. Over the past 10 years, this metric has ranged from a low of 14.99 to a high of 56.04. The Software industry median Days Payable is 52.79. Novabase SGPS's value of 14.11 is 73.3% below this industry median. Based on the distribution chart, Novabase SGPS ranks #2251 out of 2605 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Novabase SGPS has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novabase SGPS's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Novabase SGPS ranks #2251 out of 2605 companies for Days Payable. This places Novabase SGPS in the lower half of its industry. The industry median Days Payable is 52.79. Novabase SGPS's value of 14.11 is 73.3% below this benchmark. Historically, Novabase SGPS's own Days Payable has ranged from 14.99 to 56.04 over the past decade. While the company's 10-year median is 29.20 vs. the industry median of 52.79, Novabase SGPS 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,605 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. Novabase SGPS's current Days Payable of 14.11 is 73.3% 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 Novabase SGPS and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novabase SGPS's current Days Payable is 14.11, which is 52% below median its own 10-year median of 29.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novabase SGPS stock overvalued right now?
Based on GuruFocus' analysis, Novabase SGPS (XLIS:NBA) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.25, compared to a current price of €7.82 — trading 84% above its estimated fair value. The current Days Payable is 14.11, which is 52% below median its 10-year median of 29.20 and 73.3% below the Software industry median of 52.79. Novabase SGPS's overall GF Score™ is 55/100 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 Novabase SGPS (XLIS:NBA), the current Days Payable is 14.11 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 Novabase SGPS (XLIS:NBA) Overvalued in 2026?

Based on GuruFocus' analysis, Novabase SGPS stock appears to be overvalued. The current stock price of €7.82 is trading 84% above its estimated GF Value™ of €4.25. GuruFocus considers Novabase SGPS to be Significantly Overvalued.

Key valuation signals for XLIS:NBA:

  • Days Payable: 14.11 (52% below median its 10-year median of 29.20)
  • GF Value™: €4.25 vs. price of €7.82 (84% above fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 73.3% below the Software median (#2251 of 2605)

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


Novabase SGPS Business Description

Other Exchanges 0MTZ:UKNVQ:Germany
Address Avenida D Joao II, 34, Parque das Nacoes, Lisbon, PRT, 1998-031
Novabase SGPS is engaged in holding and managing financial holdings in other companies. The Group operates through two business areas: Next-Gen (NG), which generates maximum revenue and operates under the Celfocus commercial brand, providing IT consulting and services focused on the Financial Services and Telecommunications industries across Europe and the Middle East; and Value Portfolio (VP), which develops venture capital activities. The Next-Gen and IT Service segment focuses on Design & UX, insights through data, native & scalable cloud, digital architecture, exposure to APIs, AI/Analytics, automation of tests & engineering, continuous delivery, and intelligent operations. The Group operates in Portugal, Europe, the Middle East, and Africa.
55GF Score

Get the complete analysis for XLIS:NBA

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

€7.82
Price
€4.25
GF Value