NORMA Group SE (LTS:0P38) Accounts Payable: €118.4 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.

LTS:0P38 NORMA Group SE LTS:0P38
66 GF Score
Price €18.27
GF Value €12.70
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is NORMA Group SE Accounts Payable?

NORMA Group SE LTS:0P38 -1.14% 66 Accounts Payable is €118.4 Mil as of Mar. 2026. GuruFocus rates LTS:0P38 with a GF Score™ of 66/100 and a GF Value™ of €12.70 (Significantly Overvalued). The stock has 6 warning signs investors should review.

NORMA Group SE's Accounts Payable for the quarter that ended in Mar. 2026 was €118.4 Mil.

NORMA Group SE's quarterly Accounts Payable declined from Sep. 2025 (€116.3 Mil) to Dec. 2025 (€87.7 Mil) but then increased from Dec. 2025 (€87.7 Mil) to Mar. 2026 (€118.4 Mil).

NORMA Group SE's annual Accounts Payable declined from Dec. 2023 (€136.2 Mil) to Dec. 2024 (€107.4 Mil) and declined from Dec. 2024 (€107.4 Mil) to Dec. 2025 (€87.7 Mil).


NORMA Group SE Accounts Payable Related Terms


NORMA Group SE Accounts Payable Historical Data

* Premium members only.

The historical data trend for NORMA Group SE'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.

NORMA Group SE Accounts Payable Chart

NORMA Group SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.06 162.83 136.18 107.40 87.71

NORMA Group SE 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 149.23 146.19 116.33 87.71 118.36
LTS:0P38
66GF Score
NORMA Group SE LTS:0P38
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NORMA Group SE 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 €118.4 Mil mean?
NORMA Group SE (LTS:0P38) has a Accounts Payable of €118.4 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 NORMA Group SE and its competitors.
Is NORMA Group SE's Accounts Payable too high?
NORMA Group SE's current Accounts Payable is €118.4 Mil. Overall, NORMA Group SE has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NORMA Group SE's Accounts Payable compare to CRS and ATI?
NORMA Group SE's Accounts Payable of €118.4 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Accounts Payable depends on the Industrial Products 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 NORMA Group SE and its competitors. NORMA Group SE's current Accounts Payable is €118.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NORMA Group SE stock overvalued right now?
Based on GuruFocus' analysis, NORMA Group SE (LTS:0P38) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.70, compared to a current price of €18.27 — trading 43.9% above its estimated fair value. The current Accounts Payable is €118.4 Mil. NORMA Group SE's overall GF Score™ is 66/100 with 6 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 NORMA Group SE (LTS:0P38), the current Accounts Payable is €118.4 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 NORMA Group SE (LTS:0P38) Overvalued in 2026?

Based on GuruFocus' analysis, NORMA Group SE stock appears to be overvalued. The current stock price of €18.27 is trading 43.9% above its estimated GF Value™ of €12.70. GuruFocus considers NORMA Group SE to be Significantly Overvalued.

Key valuation signals for LTS:0P38:

  • Accounts Payable: €118.4 Mil
  • GF Value™: €12.70 vs. price of €18.27 (43.9% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the LTS:0P38 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NORMA Group SE Business Description

Other Exchanges NOEJ:GermanyNOEJ:Austria
Address Edisonstrasse 4, Maintal, DEU, 63477
NORMA Group SE manufactures a wide range of joining technology solutions. Its product offerings include hose clamps, heavy-duty clamps, ear clips, cable ties, pipe couplings, plast connectors, etc. The products are used in various industries and can be found in vehicles, household appliances, engines, plumbing systems, and medical fields. The company's operations are managed in three regional reportable segments: EMEA (Europe, Middle East, Africa), the Americas (North, Central, and South America), and Asia-Pacific (East Asia, Southeast Asia, Australia, and Oceania). The majority of its revenue is generated from the EMEA region.
66GF Score

Get the complete analysis for LTS:0P38

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

€18.27
Price
€12.70
GF Value