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Topco Technologies (ROCO:3388) Days Payable : 41.44 (As of Mar. 2025)


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What is Topco Technologies Days Payable?

Topco Technologies's average Accounts Payable for the three months ended in Mar. 2025 was NT$663 Mil. Topco Technologies's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$1,460 Mil. Hence, Topco Technologies's Days Payable for the three months ended in Mar. 2025 was 41.44.

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

ROCO:3388' s Days Payable Range Over the Past 10 Years
Min: 36.5   Med: 41.89   Max: 45.65
Current: 37.08

During the past 13 years, Topco Technologies's highest Days Payable was 45.65. The lowest was 36.50. And the median was 41.89.

ROCO:3388's Days Payable is ranked worse than
74.57% of 1526 companies
in the Chemicals industry
Industry Median: 61.24 vs ROCO:3388: 37.08

Topco Technologies's Days Payable increased from Mar. 2024 (37.99) to Mar. 2025 (41.44). It may suggest that Topco Technologies delayed paying its suppliers.


Topco Technologies Days Payable Historical Data

The historical data trend for Topco Technologies'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.

Topco Technologies Days Payable Chart

Topco Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.23 39.92 36.50 37.77 37.79

Topco Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 37.99 35.27 35.71 37.12 41.44

Competitive Comparison of Topco Technologies's Days Payable

For the Specialty Chemicals subindustry, Topco Technologies'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.


Topco Technologies's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Topco Technologies's Days Payable distribution charts can be found below:

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


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Topco Technologies 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.

Topco Technologies's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (638.018 + 665.784) / 2 ) / 6296.225*365
=651.901 / 6296.225*365
=37.79

Topco Technologies's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (665.784 + 660.283) / 2 ) / 1459.844*365 / 4
=663.0335 / 1459.844*365 / 4
=41.44

* 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.


Topco Technologies Days Payable Related Terms

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Topco Technologies Business Description

Traded in Other Exchanges
N/A
Address
No.102, Sec. 4, Civic Boulevard, 14th Floor, Da-an District, Taipei, TWN, 10690
Topco Technologies Corp is engaged in the import and export business of products related to chemical materials and business of general trading activities. Its products include silicone oil, cosmetic raw materials, silicone resin, organic silicone powder, conductive thermal material, grease, and sealant. The company also sells LED packaging materials and solar cell application materials. The company operates in three segments: Taipei Department, Overseas Department, and Taichung Department. he majority of its revenue is generated from the Overseas Department, which is responsible for the merchandising business of importing and exporting chemical material-related products according to different regions. Geographically, it operates in Taiwan and Mainland China.

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