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Topcon (TSE:7732) Days Payable : 61.12 (As of Dec. 2023)


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What is Topcon Days Payable?

Topcon's average Accounts Payable for the three months ended in Dec. 2023 was 円16,158 Mil. Topcon's Cost of Goods Sold for the three months ended in Dec. 2023 was 円24,124 Mil. Hence, Topcon's Days Payable for the three months ended in Dec. 2023 was 61.12.

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

TSE:7732' s Days Payable Range Over the Past 10 Years
Min: 56.71   Med: 63.11   Max: 68.75
Current: 58.53

During the past 13 years, Topcon's highest Days Payable was 68.75. The lowest was 56.71. And the median was 63.11.

TSE:7732's Days Payable is ranked worse than
59.31% of 2421 companies
in the Hardware industry
Industry Median: 67.77 vs TSE:7732: 58.53

Topcon's Days Payable increased from Dec. 2022 (56.87) to Dec. 2023 (61.12). It may suggest that Topcon delayed paying its suppliers.


Topcon Days Payable Historical Data

The historical data trend for Topcon'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.

* Premium members only.

Topcon Days Payable Chart

Topcon Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.39 68.75 68.05 60.39 56.71

Topcon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 56.87 54.41 63.12 56.64 61.12

Competitive Comparison of Topcon's Days Payable

For the Scientific & Technical Instruments subindustry, Topcon'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.


Topcon's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Topcon's Days Payable falls into.



Topcon 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.

Topcon's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (15687 + 16389) / 2 ) / 103224*365
=16038 / 103224*365
=56.71

Topcon's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (16727 + 15588) / 2 ) / 24124*365 / 4
=16157.5 / 24124*365 / 4
=61.12

* 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.


Topcon Days Payable Related Terms

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Topcon (TSE:7732) Business Description

Traded in Other Exchanges
Address
75-1 Hasunuma-cho, Itabashi-ku, Tokyo, JPN, 1748580
Topcon Corp sells ophthalmic instruments, medical equipment, and machine control and GPS-related systems. The firm operates in three segments: Eye Care, Smart Infrastructure, and Positioning. The Eye Care business sells ophthalmic instruments and systems for eye examination, measurement, treatment, and eyeglass lens processing. The Smart Infrastructure business sells positioning products that use GPS, laser, and image analysis technologies based on the firm's optical technology. The Positioning business sells products related to Global Navigation Satellite Systems, or GNSS, to the construction and agriculture industries, including GNSS surveying, machine control, and precision agriculture solutions. North America, Europe, and Japan contribute the largest proportion of it's revenue.

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