TCM Group AS (OCSE:TCM) Accounts Payable: kr186 Mil (As of Mar. 2026)

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OCSE:TCM TCM Group AS OCSE:TCM
85 GF Score
Price kr70.00
GF Value kr74.25
Valuation Fairly Valued
! 4 Warning Signs
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What is TCM Group AS Accounts Payable?

TCM Group AS OCSE:TCM +0.29% 85 Accounts Payable is kr186 Mil as of Mar. 2026. GuruFocus rates OCSE:TCM with a GF Score™ of 85/100 and a GF Value™ of kr74.25 (Fairly Valued). The stock has 4 warning signs investors should review.

TCM Group AS's Accounts Payable for the quarter that ended in Mar. 2026 was kr186 Mil.

TCM Group AS's quarterly Accounts Payable declined from Sep. 2025 (kr144 Mil) to Dec. 2025 (kr128 Mil) but then increased from Dec. 2025 (kr128 Mil) to Mar. 2026 (kr186 Mil).

TCM Group AS's annual Accounts Payable declined from Dec. 2023 (kr145 Mil) to Dec. 2024 (kr122 Mil) but then increased from Dec. 2024 (kr122 Mil) to Dec. 2025 (kr128 Mil).

TCM Group AS Accounts Payable Historical Data

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The historical data trend for TCM Group AS'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.

TCM Group AS Accounts Payable Chart

TCM Group AS 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 158.92 151.89 144.71 122.29 127.89

TCM Group AS 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 153.40 161.20 143.60 127.89 185.90
OCSE:TCM
85GF Score
TCM Group AS OCSE:TCM
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TCM Group AS 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 kr186 Mil mean?
TCM Group AS (OCSE:TCM) has a Accounts Payable of kr186 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 TCM Group AS and its competitors.
Is TCM Group AS's Accounts Payable too high?
TCM Group AS's current Accounts Payable is kr186 Mil. Overall, TCM Group AS has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Accounts Payable compare to SN and SGI?
TCM Group AS's Accounts Payable of kr186 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Accounts Payable depends on the Furnishings, Fixtures & Appliances 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 TCM Group AS and its competitors. TCM Group AS's current Accounts Payable is kr186 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr74.25, compared to a current price of kr70.00 — trading 5.7% below its estimated fair value. The current Accounts Payable is kr186 Mil. TCM Group AS's overall GF Score™ is 85/100 with 4 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 TCM Group AS (OCSE:TCM), the current Accounts Payable is kr186 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?

Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued. The current stock price of kr70.00 is trading 5.7% below its estimated GF Value™ of kr74.25. GuruFocus considers TCM Group AS to be Fairly Valued.

Key valuation signals for OCSE:TCM:

  • Accounts Payable: kr186 Mil
  • GF Value™: kr74.25 vs. price of kr70.00 (5.7% below fair value)
  • GF Score™: 85/100 with 4 warning signs

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

TCM Group AS Business Description

Other Exchanges 0CUN:UK
Address Skautrupvej 16, Tvis, Holstebro, DNK, 7500
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
85GF Score

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

kr70.00
Price
kr74.25
GF Value