TCECUR Sweden ABNGM:TCC A +2.03%69 Days Payable is 54.42 as of Mar. 2026, which is 4% below its 10-year median of 56.82. GuruFocus rates NGM:TCC A with a GF Score™ of 69/100 and a GF Value™ of kr23.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,437 Hardware companies, TCECUR Sweden AB ranks worse than 69.51% on this metric.
The historical rank and industry rank for TCECUR Sweden AB's Days Payable or its related term are showing as below:
NGM:TCC A'
s Days Payable Range Over the Past 10 Years
Min: 48.76 Med: 56.82 Max: 81.56
Current: 48.76
During the past 11 years, TCECUR Sweden AB's highest Days Payable was 81.56. The lowest was 48.76. And the median was 56.82.
NGM:TCC A's Days Payable is ranked worse than 69.51% of 2437
companies
in the Hardware industry
Industry Median: 69.89
vs NGM:TCC A: 48.76
TCECUR Sweden AB's Days Payable
declined
from Mar. 2025 (54.65) to Mar. 2026 (54.42).
It may suggest that TCECUR Sweden ABaccelerated paying its suppliers.
TCECUR Sweden AB Days Payable Related Terms
TCECUR Sweden AB Days Payable Historical Data
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The historical data trend for TCECUR Sweden AB'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.
NGM:TCC A vs CSCO, CIEN, MSI: Days Payable Comparison
For the Communication Equipment subindustry, TCECUR Sweden AB'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.
TCECUR Sweden AB Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, TCECUR Sweden AB's Days Payable distribution charts can be found below:
* The bar in red indicates where TCECUR Sweden AB's Days Payable falls into.
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.
TCECUR Sweden AB's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
TCECUR Sweden AB (NGM:TCC A) has a Days Payable of 54.42 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TCECUR Sweden AB and its competitors. This is near median its historical median of 56.82. Over the past decade, TCECUR Sweden AB's Days Payable has ranged from 48.76 to 81.56. According to the industry distribution chart, TCECUR Sweden AB ranks #1694 out of 2437 companies in the Hardware industry, placing it in the top 69.5%.
Is TCECUR Sweden AB's Days Payable too high?
TCECUR Sweden AB's current Days Payable of 54.42 is near median its 10-year median of 56.82. Over the past 10 years, this metric has ranged from a low of 48.76 to a high of 81.56. The Hardware industry median Days Payable is 69.89. TCECUR Sweden AB's value of 54.42 is 22.1% below this industry median. Based on the distribution chart, TCECUR Sweden AB ranks #1694 out of 2437 companies in the Hardware industry, which is below the industry midpoint. Overall, TCECUR Sweden AB has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCECUR Sweden AB's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TCECUR Sweden AB ranks #1694 out of 2437 companies for Days Payable. This places TCECUR Sweden AB in the lower half of its industry. The industry median Days Payable is 69.89. TCECUR Sweden AB's value of 54.42 is 22.1% below this benchmark. Historically, TCECUR Sweden AB's own Days Payable has ranged from 48.76 to 81.56 over the past decade. While the company's 10-year median is 56.82 vs. the industry median of 69.89, TCECUR Sweden AB has consistently been below 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 2,437 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. TCECUR Sweden AB's current Days Payable of 54.42 is 22.1% below 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 TCECUR Sweden AB 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. TCECUR Sweden AB's current Days Payable is 54.42, which is near median its own 10-year median of 56.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCECUR Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, TCECUR Sweden AB (NGM:TCC A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr23.72, compared to a current price of kr17.40 — trading 26.6% below its estimated fair value. The current Days Payable is 54.42, which is near median its 10-year median of 56.82 and 22.1% below the Hardware industry median of 69.89. TCECUR Sweden AB's overall GF Score™ is 69/100 with 4 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 TCECUR Sweden AB (NGM:TCC A), the current Days Payable is 54.42 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 TCECUR Sweden AB (NGM:TCC A) Overvalued in 2026?
Based on GuruFocus' analysis, TCECUR Sweden AB stock appears to be undervalued.
The current stock price of kr17.40 is trading 26.6% below its estimated GF Value™ of kr23.72.
GuruFocus considers TCECUR Sweden AB to be Modestly Undervalued.
Key valuation signals for NGM:TCC A:
Days Payable: 54.42 (near median its 10-year median of 56.82)
GF Value™: kr23.72 vs. price of kr17.40 (26.6% below fair value)
Industry Position: 22.1% below the Hardware median (#1694 of 2437)
No single metric tells the full story. See the NGM:TCC A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCECUR Sweden AB is a TCECUR is a technology-oriented security group that delivers comprehensive solutions with a focus on creating a safe and secure society. The group consists of independent and TCECUR is a technology-oriented security group that independent companies in physical security and secure communications, where local leadership plays a crucial role. Secure Communications, National Security Systems, and Global Security Systems. The National Security Systems includes the majority of its revenue.
69GF Score
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