TKH Group NV (LTS:0NO1) Days Payable: 108.21 (As of Dec. 2025) — 32% Above Median


LTS:0NO1 TKH Group NV LTS:0NO1
81 GF Score
Price €43.93
GF Value €39.72
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is TKH Group NV Days Payable?

TKH Group NV LTS:0NO1 +1.31% 81 Days Payable is 108.21 as of Dec. 2025, which is 32% above its 10-year median of 81.90. GuruFocus rates LTS:0NO1 with a GF Score™ of 81/100 and a GF Value™ of €39.72 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 2,436 Hardware companies, TKH Group NV ranks better than 66.91% on this metric.

TKH Group NV's average Accounts Payable for the six months ended in Dec. 2025 was €260 Mil. TKH Group NV's Cost of Goods Sold for the six months ended in Dec. 2025 was €439 Mil. Hence, TKH Group NV's Days Payable for the six months ended in Dec. 2025 was 108.21.

The historical rank and industry rank for TKH Group NV's Days Payable or its related term are showing as below:

LTS:0NO1' s Days Payable Range Over the Past 10 Years
Min: 74.69   Med: 81.9   Max: 97.13
Current: 97.13

During the past 13 years, TKH Group NV's highest Days Payable was 97.13. The lowest was 74.69. And the median was 81.90.

LTS:0NO1's Days Payable is ranked better than
66.91% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs LTS:0NO1: 97.13

TKH Group NV's Days Payable declined from Dec. 2024 (113.04) to Dec. 2025 (108.21). It may suggest that TKH Group NV accelerated paying its suppliers.


TKH Group NV Days Payable Historical Data

* Premium members only.

The historical data trend for TKH Group NV'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.

TKH Group NV Days Payable Chart

TKH Group NV 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 78.29 82.09 85.32 83.81 74.69

TKH Group NV 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 113.35 115.05 113.04 108.51 108.21

LTS:0NO1 vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, TKH Group NV'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.


TKH Group NV Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, TKH Group NV's Days Payable distribution charts can be found below:

* The bar in red indicates where TKH Group NV's Days Payable falls into.


LTS:0NO1
81GF Score
TKH Group NV LTS:0NO1
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TKH Group NV 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.

TKH Group NV'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
=( (177.145 + 180.471) / 2 ) / 873.818*365
=178.808 / 873.818*365
=74.69

TKH Group NV'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
=( (340.012 + 180.471) / 2 ) / 438.906*365 / 2
=260.2415 / 438.906*365 / 2
=108.21

* 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 108.21 mean?
TKH Group NV (LTS:0NO1) has a Days Payable of 108.21 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 TKH Group NV and its competitors. This is 32% above median its historical median of 81.90. Over the past decade, TKH Group NV's Days Payable has ranged from 74.69 to 97.13. According to the industry distribution chart, TKH Group NV ranks #806 out of 2436 companies in the Hardware industry, placing it in the top 33.1%.
Is TKH Group NV's Days Payable too high?
TKH Group NV's current Days Payable of 108.21 is 32% above median its 10-year median of 81.90. Over the past 10 years, this metric has ranged from a low of 74.69 to a high of 97.13. The Hardware industry median Days Payable is 69.89. TKH Group NV's value of 108.21 is 54.8% above this industry median. Based on the distribution chart, TKH Group NV ranks #806 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, TKH Group NV has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TKH Group NV's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TKH Group NV ranks #806 out of 2436 companies for Days Payable. This puts TKH Group NV in the upper half of its industry. The industry median Days Payable is 69.89. TKH Group NV's value of 108.21 is 54.8% above this benchmark. Historically, TKH Group NV's own Days Payable has ranged from 74.69 to 97.13 over the past decade. While the company's 10-year median is 81.90 vs. the industry median of 69.89, TKH Group NV has consistently been above 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,436 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. TKH Group NV's current Days Payable of 108.21 is 54.8% above 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 TKH Group NV and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TKH Group NV's current Days Payable is 108.21, which is 32% above median its own 10-year median of 81.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TKH Group NV stock overvalued right now?
Based on GuruFocus' analysis, TKH Group NV (LTS:0NO1) is currently considered Modestly Overvalued. The stock's GF Value™ is €39.72, compared to a current price of €43.93 — trading 10.6% above its estimated fair value. The current Days Payable is 108.21, which is 32% above median its 10-year median of 81.90 and 54.8% above the Hardware industry median of 69.89. TKH Group NV's overall GF Score™ is 81/100 with 11 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 TKH Group NV (LTS:0NO1), the current Days Payable is 108.21 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 TKH Group NV (LTS:0NO1) Overvalued in 2026?

Based on GuruFocus' analysis, TKH Group NV stock appears to be overvalued. The current stock price of €43.93 is trading 10.6% above its estimated GF Value™ of €39.72. GuruFocus considers TKH Group NV to be Modestly Overvalued.

Key valuation signals for LTS:0NO1:

  • Days Payable: 108.21 (32% above median its 10-year median of 81.90)
  • GF Value™: €39.72 vs. price of €43.93 (10.6% above fair value)
  • GF Score™: 81/100 with 11 warning signs
  • Industry Position: 54.8% above the Hardware median (#806 of 2436)

No single metric tells the full story. See the LTS:0NO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TKH Group NV Business Description

Address Spinnerstraat 15, PO Box 5, Haaksbergen, OV, NLD, 7481 KJ
TKH Group NV is a provider of vertical-specific communications and connectivity solutions. Its operations are organized into three segments, which include Smart Vision systems, Smart Connectivity systems, and Smart Manufacturing systems. The firm derives revenue from the Netherlands, Europe (other), Asia, North America, and other. The Smart Vision systems segment operates through a coherent, vertically integrated business model combining hardware, software, and service focused on delivering end-to-end 2D/3D vision and security solutions. Smart Manufacturing systems segment focuses on delivering automated, software-driven production systems for specialized industrial markets. Smart Connectivity systems segment operates as a technology-driven provider of specialized connectivity solutions.
81GF Score

Get the complete analysis for LTS:0NO1

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

€43.93
Price
€39.72
GF Value