Top Shelf International Holdings (ASX:TSI) Days Payable: 204.63 (As of Jun. 2024)


What is Top Shelf International Holdings Days Payable?

Top Shelf International Holdings ASX:TSI Days Payable is 204.63 as of Jun. 2024.

Top Shelf International Holdings's average Accounts Payable for the six months ended in Jun. 2024 was A$9.78 Mil. Top Shelf International Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was A$8.72 Mil. Hence, Top Shelf International Holdings's Days Payable for the six months ended in Jun. 2024 was 204.63.

The historical rank and industry rank for Top Shelf International Holdings's Days Payable or its related term are showing as below:

ASX:TSI's Days Payable is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 80.855
* Ranked among companies with meaningful Days Payable only.

Top Shelf International Holdings's Days Payable increased from Jun. 2023 (149.63) to Jun. 2024 (204.63). It may suggest that Top Shelf International Holdings delayed paying its suppliers.

Top Shelf International Holdings Days Payable Related Terms

Top Shelf International Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Top Shelf International Holdings'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.

Top Shelf International Holdings Days Payable Chart

Top Shelf International Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
0.00 308.33 176.85 157.69 168.68

Top Shelf International Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only 157.80 242.52 149.63 172.41 204.63

ASX:TSI vs TAP: Days Payable Comparison

For the Beverages - Brewers subindustry, Top Shelf International Holdings'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.

Top Shelf International Holdings Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Top Shelf International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Top Shelf International Holdings's Days Payable falls into.


Top Shelf International Holdings 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.

Top Shelf International Holdings's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (9.38 + 8.618) / 2 ) / 19.473*365
=8.999 / 19.473*365
=168.68

Top Shelf International Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (10.937 + 8.618) / 2 ) / 8.72*365 / 2
=9.7775 / 8.72*365 / 2
=204.63

* 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 204.63 mean?
Top Shelf International Holdings (ASX:TSI) has a Days Payable of 204.63 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Top Shelf International Holdings and its competitors.
Is Top Shelf International Holdings' Days Payable too high?
Top Shelf International Holdings' current Days Payable is 204.63. The Beverages - Alcoholic industry median Days Payable is 80.86. Top Shelf International Holdings' value of 204.63 is 153.1% above this industry median.
How does Top Shelf International Holdings' Days Payable compare to TAP?
Top Shelf International Holdings' Days Payable of 204.63 can be compared against companies in the Beverages - Alcoholic industry. The industry median Days Payable is 80.86. Top Shelf International Holdings' value of 204.63 is 153.1% above this benchmark. 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 80.86, based on 202 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. Top Shelf International Holdings's current Days Payable of 204.63 is 153.1% above 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 Top Shelf International Holdings and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 80.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Shelf International Holdings's current Days Payable is 204.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Shelf International Holdings stock overvalued right now?
Top Shelf International Holdings (ASX:TSI) has a current Days Payable of 204.63. The current Days Payable is 204.63 and 153.1% above the Beverages - Alcoholic industry median of 80.86. 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 Top Shelf International Holdings (ASX:TSI), the current Days Payable is 204.63 as of Jun. 2024. 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.

Top Shelf International Holdings Business Description

Address 16-18 National Boulevard, Campbellfield, VIC, AUS, 3061
Top Shelf International Holdings Ltd is a beverages manufacturer and distributor in Australia. The company's beverage manufacturing capability includes spirit distillation, maturation, mixing, carbonation along with canning and glass and PET bottling lines for supply into domestic and international markets of non-alcoholic and alcoholic beverages.