Time People Group AB (NGM:TPGR) Days Payable: 22.19 (As of Apr. 2026) — Near Median

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NGM:TPGR Time People Group AB NGM:TPGR
48 GF Score
Price kr0.60
GF Value kr4.08
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Time People Group AB Days Payable?

Time People Group AB NGM:TPGR 48 Days Payable is 22.19 as of Apr. 2026, which is 1% above its 10-year median of 22.06. GuruFocus rates NGM:TPGR with a GF Score™ of 48/100 and a GF Value™ of kr4.08 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,610 Software companies, Time People Group AB ranks worse than 74.48% on this metric.

Time People Group AB's average Accounts Payable for the three months ended in Apr. 2026 was kr8.7 Mil. Time People Group AB's Cost of Goods Sold for the three months ended in Apr. 2026 was kr35.9 Mil. Hence, Time People Group AB's Days Payable for the three months ended in Apr. 2026 was 22.19.

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

NGM:TPGR' s Days Payable Range Over the Past 10 Years
Min: 14.04   Med: 22.06   Max: 36.24
Current: 24.49

During the past 10 years, Time People Group AB's highest Days Payable was 36.24. The lowest was 14.04. And the median was 22.06.

NGM:TPGR's Days Payable is ranked worse than
74.48% of 2610 companies
in the Software industry
Industry Median: 52.785 vs NGM:TPGR: 24.49

Time People Group AB's Days Payable increased from Apr. 2025 (20.98) to Apr. 2026 (22.19). It may suggest that Time People Group AB delayed paying its suppliers.


Time People Group AB Days Payable Historical Data

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The historical data trend for Time People Group 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.

Time People Group AB Days Payable Chart

Time People Group AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.23 36.24 32.65 25.47 24.71

Time People Group AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 20.98 26.32 23.63 25.67 22.19

NGM:TPGR vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Time People Group 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.


Time People Group AB Days Payable vs Software Industry

For the Software industry and Technology sector, Time People Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Time People Group AB's Days Payable falls into.


NGM:TPGR
48GF Score
Time People Group AB NGM:TPGR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Time People Group AB 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.

Time People Group AB's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as

Days Payable (A: Apr. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2025 ) + Accounts Payable (A: Apr. 2026 )) / count ) / Cost of Goods Sold (A: Apr. 2026 )*Days in Period
=( (11.741 + 8.783) / 2 ) / 151.604*365
=10.262 / 151.604*365
=24.71

Time People Group AB's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (8.681 + 8.783) / 2 ) / 35.914*365 / 4
=8.732 / 35.914*365 / 4
=22.19

* 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 22.19 mean?
Time People Group AB (NGM:TPGR) has a Days Payable of 22.19 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Time People Group AB and its competitors. This is near median its historical median of 22.06. Over the past decade, Time People Group AB's Days Payable has ranged from 14.04 to 36.24. According to the industry distribution chart, Time People Group AB ranks #1944 out of 2610 companies in the Software industry, placing it in the top 74.5%.
Is Time People Group AB's Days Payable too high?
Time People Group AB's current Days Payable of 22.19 is near median its 10-year median of 22.06. Over the past 10 years, this metric has ranged from a low of 14.04 to a high of 36.24. The Software industry median Days Payable is 52.79. Time People Group AB's value of 22.19 is 58% below this industry median. Based on the distribution chart, Time People Group AB ranks #1944 out of 2610 companies in the Software industry, which is below the industry midpoint. Overall, Time People Group AB has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Time People Group AB's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Time People Group AB ranks #1944 out of 2610 companies for Days Payable. This places Time People Group AB in the lower half of its industry. The industry median Days Payable is 52.79. Time People Group AB's value of 22.19 is 58% below this benchmark. Historically, Time People Group AB's own Days Payable has ranged from 14.04 to 36.24 over the past decade. While the company's 10-year median is 22.06 vs. the industry median of 52.79, Time People Group 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,610 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. Time People Group AB's current Days Payable of 22.19 is 58% 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 Time People Group AB and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time People Group AB's current Days Payable is 22.19, which is near median its own 10-year median of 22.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time People Group AB stock overvalued right now?
Based on GuruFocus' analysis, Time People Group AB (NGM:TPGR) is currently considered Significantly Undervalued. The stock's GF Value™ is kr4.08, compared to a current price of kr0.60 — trading 85.3% below its estimated fair value. The current Days Payable is 22.19, which is near median its 10-year median of 22.06 and 58% below the Software industry median of 52.79. Time People Group AB's overall GF Score™ is 48/100 with 3 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 Time People Group AB (NGM:TPGR), the current Days Payable is 22.19 as of Apr. 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 Time People Group AB (NGM:TPGR) Overvalued in 2026?

Based on GuruFocus' analysis, Time People Group AB stock appears to be undervalued. The current stock price of kr0.60 is trading 85.3% below its estimated GF Value™ of kr4.08. GuruFocus considers Time People Group AB to be Significantly Undervalued.

Key valuation signals for NGM:TPGR:

  • Days Payable: 22.19 (near median its 10-year median of 22.06)
  • GF Value™: kr4.08 vs. price of kr0.60 (85.3% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 58% below the Software median (#1944 of 2610)

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


Time People Group AB Business Description

Address Kungsgatan 62, Stockholm, SWE, 111 22
Time People Group AB conducts consulting activities in Stockholm. It offers services that cover the entire chain from plan, change and project management, programs, and system and method development, to test engagement and management. The group operates under its own brands with a clear focus and expertise in IT and Management.
48GF Score

Get the complete analysis for NGM:TPGR

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

kr0.60
Price
kr4.08
GF Value