TCAPF (TP ICAP GROUP) Days Payable: 8.14 (As of Dec. 2025) — 18% Below Median


TCAPF TP ICAP GROUP PLC TCAPF
77 GF Score
Price $4.50
GF Value $3.36
Valuation Significantly Overvalued
! 9 Warning Signs
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What is TP ICAP GROUP Days Payable?

TP ICAP GROUP TCAPF 77 Days Payable is 8.14 as of Dec. 2025, which is 18% below its 10-year median of 9.88. GuruFocus rates TCAPF with a GF Score™ of 77/100 and a GF Value™ of $3.36 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 541 Capital Markets companies, TP ICAP GROUP ranks worse than 83.92% on this metric.

TP ICAP GROUP's average Accounts Payable for the six months ended in Dec. 2025 was $51 Mil. TP ICAP GROUP's Cost of Goods Sold for the six months ended in Dec. 2025 was $1,134 Mil. Hence, TP ICAP GROUP's Days Payable for the six months ended in Dec. 2025 was 8.14.

The historical rank and industry rank for TP ICAP GROUP's Days Payable or its related term are showing as below:

TCAPF' s Days Payable Range Over the Past 10 Years
Min: 5.35   Med: 9.88   Max: 10423.42
Current: 9.17

During the past 13 years, TP ICAP GROUP's highest Days Payable was 10423.42. The lowest was 5.35. And the median was 9.88.

TCAPF's Days Payable is ranked worse than
83.92% of 541 companies
in the Capital Markets industry
Industry Median: 92.89 vs TCAPF: 9.17

TP ICAP GROUP's Days Payable declined from Dec. 2024 (9.63) to Dec. 2025 (8.14). It may suggest that TP ICAP GROUP accelerated paying its suppliers.


TP ICAP GROUP Days Payable Historical Data

* Premium members only.

The historical data trend for TP ICAP GROUP'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.

TP ICAP GROUP Days Payable Chart

TP ICAP GROUP 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 6.46 5.56 8.06 9.88 8.66

TP ICAP GROUP 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 9.43 12.66 9.63 10.46 8.14

TCAPF vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, TP ICAP GROUP'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.


TP ICAP GROUP Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TP ICAP GROUP's Days Payable distribution charts can be found below:

* The bar in red indicates where TP ICAP GROUP's Days Payable falls into.


TCAPF
77GF Score
TP ICAP GROUP PLC TCAPF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TP ICAP GROUP 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.

TP ICAP GROUP'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
=( (49.305 + 46.854) / 2 ) / 2025.435*365
=48.0795 / 2025.435*365
=8.66

TP ICAP GROUP'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
=( (54.274 + 46.854) / 2 ) / 1133.869*365 / 2
=50.564 / 1133.869*365 / 2
=8.14

* 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 8.14 mean?
TP ICAP GROUP (TCAPF) has a Days Payable of 8.14 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 TP ICAP GROUP and its competitors. This is 18% below median its historical median of 9.88. Over the past decade, TP ICAP GROUP's Days Payable has ranged from 5.35 to 10,423.42. According to the industry distribution chart, TP ICAP GROUP ranks #454 out of 541 companies in the Capital Markets industry, placing it in the top 83.9%.
Is TP ICAP GROUP's Days Payable too high?
TP ICAP GROUP's current Days Payable of 8.14 is 18% below median its 10-year median of 9.88. Over the past 10 years, this metric has ranged from a low of 5.35 to a high of 10,423.42. The Capital Markets industry median Days Payable is 92.89. TP ICAP GROUP's value of 8.14 is 91.2% below this industry median. Based on the distribution chart, TP ICAP GROUP ranks #454 out of 541 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, TP ICAP GROUP has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TP ICAP GROUP's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, TP ICAP GROUP ranks #454 out of 541 companies for Days Payable. This places TP ICAP GROUP in the lower half of its industry. The industry median Days Payable is 92.89. TP ICAP GROUP's value of 8.14 is 91.2% below this benchmark. Historically, TP ICAP GROUP's own Days Payable has ranged from 5.35 to 10,423.42 over the past decade. While the company's 10-year median is 9.88 vs. the industry median of 92.89, TP ICAP GROUP 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. TP ICAP GROUP's current Days Payable of 8.14 is 91.2% 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 TP ICAP GROUP and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TP ICAP GROUP's current Days Payable is 8.14, which is 18% below median its own 10-year median of 9.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TP ICAP GROUP stock overvalued right now?
Based on GuruFocus' analysis, TP ICAP GROUP (TCAPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.36, compared to a current price of $4.50 — trading 33.9% above its estimated fair value. The current Days Payable is 8.14, which is 18% below median its 10-year median of 9.88 and 91.2% below the Capital Markets industry median of 92.89. TP ICAP GROUP's overall GF Score™ is 77/100 with 9 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 TP ICAP GROUP (TCAPF), the current Days Payable is 8.14 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 TP ICAP GROUP (TCAPF) Overvalued in 2026?

Based on GuruFocus' analysis, TP ICAP GROUP stock appears to be overvalued. The current stock price of $4.50 is trading 33.9% above its estimated GF Value™ of $3.36. GuruFocus considers TP ICAP GROUP to be Significantly Overvalued.

Key valuation signals for TCAPF:

  • Days Payable: 8.14 (18% below median its 10-year median of 9.88)
  • GF Value™: $3.36 vs. price of $4.50 (33.9% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 91.2% below the Capital Markets median (#454 of 541)

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


TP ICAP GROUP Business Description

Other Exchanges TCAPl:UKTCAP:UK8D7:Germany
Address 135 Bishopsgate, London, GBR, EC2M 3TP
TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy, and commodities products. Its role includes creating liquidity and price discovery in markets and providing insight and context to the clients. The company provides proprietary over-the-counter ('OTC') pricing information in the world with the data on financial, energy, and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers, and charities. The company's segments include Global Broking which generates key revenue, Energy & Commodities, Liquidnet, Parameta Solutions, and Corporate.
77GF Score

Get the complete analysis for TCAPF

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

$4.50
Price
$3.36
GF Value