Novem Group (FRA:NVM) Accounts Payable: €33.7 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:NVM Novem Group SA FRA:NVM
60 GF Score
Price €2.60
GF Value €4.33
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Novem Group Accounts Payable?

Novem Group FRA:NVM +3.17% 60 Accounts Payable is €33.7 Mil as of Mar. 2026. GuruFocus rates FRA:NVM with a GF Score™ of 60/100 and a GF Value™ of €4.33 (Possible Value Trap). The stock has 5 warning signs investors should review.

Novem Group's Accounts Payable for the quarter that ended in Mar. 2026 was €33.7 Mil.

Novem Group's quarterly Accounts Payable declined from Sep. 2025 (€32.4 Mil) to Dec. 2025 (€24.0 Mil) but then increased from Dec. 2025 (€24.0 Mil) to Mar. 2026 (€33.7 Mil).

Novem Group's annual Accounts Payable increased from Mar. 2024 (€45.4 Mil) to Mar. 2025 (€49.1 Mil) but then declined from Mar. 2025 (€49.1 Mil) to Mar. 2026 (€33.7 Mil).

Novem Group Accounts Payable Historical Data

* Premium members only.

The historical data trend for Novem Group's Accounts 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.

Novem Group Accounts Payable Chart

Novem Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Payable
Get a 7-Day Free Trial 70.38 60.60 45.45 49.06 33.70

Novem Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts 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 49.06 42.80 32.40 24.00 33.70
FRA:NVM
60GF Score
Novem Group SA FRA:NVM
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novem Group Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €33.7 Mil mean?
Novem Group (FRA:NVM) has a Accounts Payable of €33.7 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Novem Group and its competitors.
Is Novem Group's Accounts Payable too high?
Novem Group's current Accounts Payable is €33.7 Mil. Overall, Novem Group has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Novem Group's Accounts Payable compare to ORLY and AZO?
Novem Group's Accounts Payable of €33.7 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Vehicles & Parts company?
A good Accounts Payable depends on the Vehicles & Parts industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Novem Group and its competitors. Novem Group's current Accounts Payable is €33.7 Mil. 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?
Based on GuruFocus' analysis, Novem Group (FRA:NVM) is currently considered Possible Value Trap. The stock's GF Value™ is €4.33, compared to a current price of €2.60 — trading 40% below its estimated fair value. The current Accounts Payable is €33.7 Mil. Novem Group's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Novem Group (FRA:NVM), the current Accounts Payable is €33.7 Mil 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 Novem Group (FRA:NVM) Overvalued in 2026?

Based on GuruFocus' analysis, Novem Group stock appears to be undervalued. The current stock price of €2.60 is trading 40% below its estimated GF Value™ of €4.33. GuruFocus considers Novem Group to be Possible Value Trap.

Key valuation signals for FRA:NVM:

  • Accounts Payable: €33.7 Mil
  • GF Value™: €4.33 vs. price of €2.60 (40% below fair value)
  • GF Score™: 60/100 with 5 warning signs

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

Novem Group Business Description

Other Exchanges 0ABP:UK
Address Industriestrasse 45, Vorbach, DEU, 95519
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.
60GF Score

Get the complete analysis for FRA:NVM

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

€2.60
Price
€4.33
GF Value