Topco Technologies (ROCO:3388) Days Payable

: 38.59 (As of Dec. 2023)

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Topco Technologies's average Accounts Payable for the three months ended in Dec. 2023 was NT$629 Mil. Topco Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$1,488 Mil. Hence, Topco Technologies's Days Payable for the three months ended in Dec. 2023 was 38.59.

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: 35.75 Med: 41.89 Max: 45.65
Current: 35.75

During the past 13 years, Topco Technologies's highest Days Payable was 45.65. The lowest was 35.75. And the median was 41.89.

ROCO:3388's Days Payable is ranked worse than
74.98% of 1503 companies
in the Chemicals industry
Industry Median: 60.28 vs ROCO:3388: 35.75

Topco Technologies's Days Payable increased from Dec. 2022 (37.03) to Dec. 2023 (38.59). 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

42.70

43.23

39.92

36.50

37.77

Topco Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																37.03	34.53	33.31	34.47	38.59

Competitive Comparison

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 Days Payable Distribution

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.

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. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (573.022	+	638.018)	/	2 )	/	5852.133	*	365
=	605.52					/	5852.133	*	365
=	37.77

Topco Technologies'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
=	( (620.381	+	638.018)	/	2 )	/	1487.913	*	365 / 4
=	629.1995					/	1487.913	*	365 / 4
=	38.59

Topco Technologies Days Payable Related Terms

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Topco Technologies (ROCO:3388) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Topco Technologies Corp (ROCO:3388) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.102, Sec. 4, Civic Boulevard, 14th Floor, Da-an District, Taipei, TWN, 10690

Website

https://www.topcocorp.com

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, sealant. It also sells LED packaging material and solar cell application materials.

Topco Technologies (ROCO:3388) Headlines

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