Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
TCM Group ASOCSE:TCM +0.29%87 Receivables Turnover is 3.32 as of Mar. 2026. GuruFocus rates OCSE:TCM with a GF Score™ of 87/100 and a GF Value™ of kr74.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, TCM Group AS ranks better than 77.73% on this metric.
The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. TCM Group AS's Revenue for the
three
months ended in Mar. 2026 was kr362 Mil. TCM Group AS's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr109 Mil.
Hence, TCM Group AS's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.32.
TCM Group AS (OCSE:TCM) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
TCM Group AS Receivables Turnover Related Terms
TCM Group AS Receivables Turnover Historical Data
* Premium members only.
The historical data trend for TCM Group AS's Receivables Turnover 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.
OCSE:TCM vs SN, SGI, MHK: Receivables Turnover Comparison
For the Furnishings, Fixtures & Appliances subindustry, TCM Group AS's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.
TCM Group AS Receivables Turnover vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TCM Group AS's Receivables Turnover falls into.
* 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.
TCM Group AS (OCSE:TCM) has a Receivables Turnover of 3.32 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on TCM Group AS and its competitors. According to the industry distribution chart, TCM Group AS ranks #96 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 22.3%.
Is TCM Group AS's Receivables Turnover too high?
TCM Group AS's current Receivables Turnover is 3.32. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.07. TCM Group AS's value of 3.32 is 53% below this industry median. Based on the distribution chart, TCM Group AS ranks #96 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, TCM Group AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TCM Group AS ranks #96 out of 431 companies for Receivables Turnover. This places TCM Group AS in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.07. TCM Group AS's value of 3.32 is 53% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.07, based on 431 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TCM Group AS's current Receivables Turnover of 3.32 is 53% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on TCM Group AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM Group AS's current Receivables Turnover is 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr74.47, compared to a current price of kr70.00 — trading 6% below its estimated fair value. The current Receivables Turnover is 3.32 and 53% below the Furnishings, Fixtures & Appliances industry median of 7.07. TCM Group AS's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For TCM Group AS (OCSE:TCM), the current Receivables Turnover is 3.32 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?
Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued.
The current stock price of kr70.00 is trading 6% below its estimated GF Value™ of kr74.47.
GuruFocus considers TCM Group AS to be Fairly Valued.
Key valuation signals for OCSE:TCM:
Receivables Turnover: 3.32
GF Value™: kr74.47 vs. price of kr70.00 (6% below fair value)
Industry Position: 53% below the Furnishings, Fixtures & Appliances median (#96 of 431)
No single metric tells the full story. See the OCSE:TCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
87GF Score
Get the complete analysis for OCSE:TCM
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OCSE:TCM has been successfully added to your 
