Tekmar Group (LSE:TGP) Change In Receivables: £-2.31 Mil (TTM As of Mar. 2026)

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LSE:TGP Tekmar Group PLC LSE:TGP
45 GF Score
Price £0.14
GF Value £0.08
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tekmar Group Change In Receivables?

Tekmar Group LSE:TGP 45 Change In Receivables is £-2.31 Mil as of Mar. 2026. GuruFocus rates LSE:TGP with a GF Score™ of 45/100 and a GF Value™ of £0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Tekmar Group's change in receivables for the quarter that ended in Mar. 2026 was £-1.74 Mil. It means Tekmar Group's Accounts Receivable increased by £1.74 Mil from Sep. 2025 to Mar. 2026 .

Tekmar Group's change in receivables for the fiscal year that ended in Sep. 2025 was £4.21 Mil. It means Tekmar Group's Accounts Receivable declined by £4.21 Mil from Sep. 2024 to Sep. 2025 .

Tekmar Group's Accounts Receivable for the quarter that ended in Mar. 2026 was £8.40 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Tekmar Group's Days Sales Outstanding for the six months ended in Mar. 2026 was 94.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tekmar Group's liquidation value for the six months ended in Mar. 2026 was £-7.27 Mil.


Tekmar Group  (LSE:TGP) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Tekmar Group's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.4/16.173*91
=94.79

2. In Ben Graham's calculation of liquidation value, Tekmar Group's accounts receivable are only considered to be worth 75% of book value:

Tekmar Group's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.943-16.296+0.75 * 8.4+0.5 * 1.57
=-7.27

* 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.


Tekmar Group Change In Receivables Related Terms


Tekmar Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Tekmar Group's Change In Receivables 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.

Tekmar Group Change In Receivables Chart

Tekmar Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Sep22 Sep23 Sep24 Sep25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.39 4.56 -6.36 -2.53 4.21

Tekmar Group Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Receivables 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 0.28 -2.81 4.79 -0.57 -1.74
LSE:TGP
45GF Score
Tekmar Group PLC LSE:TGP
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Tekmar Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.31 Mil.

* 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 Change In Receivables →
What does a Change In Receivables of £-2.31 Mil mean?
Tekmar Group (LSE:TGP) has a Change In Receivables of £-2.31 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tekmar Group and its competitors.
Is Tekmar Group's Change In Receivables too high?
Tekmar Group's current Change In Receivables is £-2.31 Mil. Overall, Tekmar Group has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tekmar Group's Change In Receivables compare to PWR and FIX?
Tekmar Group's Change In Receivables of £-2.31 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Construction company?
A good Change In Receivables depends on the Construction industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tekmar Group and its competitors. Tekmar Group's current Change In Receivables is £-2.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekmar Group stock overvalued right now?
Based on GuruFocus' analysis, Tekmar Group (LSE:TGP) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.08, compared to a current price of £0.14 — trading 78.1% above its estimated fair value. The current Change In Receivables is £-2.31 Mil. Tekmar Group's overall GF Score™ is 45/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Tekmar Group (LSE:TGP), the current Change In Receivables is £-2.31 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 Tekmar Group (LSE:TGP) Overvalued in 2026?

Based on GuruFocus' analysis, Tekmar Group stock appears to be overvalued. The current stock price of £0.14 is trading 78.1% above its estimated GF Value™ of £0.08. GuruFocus considers Tekmar Group to be Significantly Overvalued.

Key valuation signals for LSE:TGP:

  • Change In Receivables: £-2.31 Mil
  • GF Value™: £0.08 vs. price of £0.14 (78.1% above fair value)
  • GF Score™: 45/100 with 4 warning signs

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


Tekmar Group Business Description

Other Exchanges 6UA:Germany
Address Grindon Way, Aycliffe Business Park, Newton Aycliffe, County Durham, GBR, DL5 6SH
Tekmar Group PLC is engaged in the designing, manufacturing, and supply of subsea cables, umbilical, and flexible protection systems. Its sector includes Offshore Wind, Oil & Gas, Interconnectors, Wave & Tidal, Marine Civils, and Engineering consultancy services. Geographically it has a presence in the UK, Europe, the USA and Canada, the Middle East, and the Rest of the World, and the majority of the revenue comes from Europe.
45GF Score

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

£0.14
Price
£0.08
GF Value