Topsports International Holdings (FRA:8NF) Days Payable: 7.35 (As of Feb. 2026) — 35% Below Median


FRA:8NF Topsports International Holdings Ltd FRA:8NF
84 GF Score
Price €0.22
GF Value €0.35
! 6 Warning Signs
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What is Topsports International Holdings Days Payable?

Topsports International Holdings FRA:8NF -13.56% 84 Days Payable is 7.35 as of Feb. 2026, which is 35% below its 10-year median of 11.38. GuruFocus rates FRA:8NF with a GF Score™ of 84/100 and a GF Value™ of €0.35. The stock has 6 warning signs investors should review. Among 1,102 Retail - Cyclical companies, Topsports International Holdings ranks worse than 92.47% on this metric.

Topsports International Holdings's average Accounts Payable for the six months ended in Feb. 2026 was €43 Mil. Topsports International Holdings's Cost of Goods Sold for the six months ended in Feb. 2026 was €1,065 Mil. Hence, Topsports International Holdings's Days Payable for the six months ended in Feb. 2026 was 7.35.

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

FRA:8NF' s Days Payable Range Over the Past 10 Years
Min: 7.92   Med: 11.38   Max: 22.93
Current: 7.92

During the past 10 years, Topsports International Holdings's highest Days Payable was 22.93. The lowest was 7.92. And the median was 11.38.

FRA:8NF's Days Payable is ranked worse than
92.47% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 51.215 vs FRA:8NF: 7.92

Topsports International Holdings's Days Payable declined from Feb. 2025 (11.82) to Feb. 2026 (7.35). It may suggest that Topsports International Holdings accelerated paying its suppliers.


Topsports International Holdings Days Payable Related Terms


Topsports International Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Topsports 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.

Topsports International Holdings Days Payable Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.52 22.35 15.57 7.92 8.84

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 8.53 14.71 11.82 8.58 7.35

FRA:8NF vs TJX, ROST, BURL: Days Payable Comparison

For the Apparel Retail subindustry, Topsports 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.


Topsports International Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's Days Payable distribution charts can be found below:

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


FRA:8NF
84GF Score
Topsports International Holdings Ltd FRA:8NF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Topsports 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.

Topsports International Holdings's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2025 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (45.325 + 49.366) / 2 ) / 1954.446*365
=47.3455 / 1954.446*365
=8.84

Topsports International Holdings's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (36.467 + 49.366) / 2 ) / 1064.984*365 / 2
=42.9165 / 1064.984*365 / 2
=7.35

* 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 7.35 mean?
Topsports International Holdings (FRA:8NF) has a Days Payable of 7.35 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Topsports International Holdings and its competitors. This is 35% below median its historical median of 11.38. Over the past decade, Topsports International Holdings' Days Payable has ranged from 7.92 to 22.93. According to the industry distribution chart, Topsports International Holdings ranks #1019 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 92.5%.
Is Topsports International Holdings' Days Payable too high?
Topsports International Holdings' current Days Payable of 7.35 is 35% below median its 10-year median of 11.38. Over the past 10 years, this metric has ranged from a low of 7.92 to a high of 22.93. The Retail - Cyclical industry median Days Payable is 51.22. Topsports International Holdings' value of 7.35 is 85.6% below this industry median. Based on the distribution chart, Topsports International Holdings ranks #1019 out of 1102 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Topsports International Holdings has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Topsports International Holdings' Days Payable compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Topsports International Holdings ranks #1019 out of 1102 companies for Days Payable. This places Topsports International Holdings in the lower half of its industry. The industry median Days Payable is 51.22. Topsports International Holdings' value of 7.35 is 85.6% below this benchmark. Historically, Topsports International Holdings' own Days Payable has ranged from 7.92 to 22.93 over the past decade. While the company's 10-year median is 11.38 vs. the industry median of 51.22, Topsports International Holdings has consistently been below the industry average. 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.22, based on 1,102 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. Topsports International Holdings's current Days Payable of 7.35 is 85.6% 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 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 Topsports International Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topsports International Holdings's current Days Payable is 7.35, which is 35% below median its own 10-year median of 11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topsports International Holdings stock overvalued right now?
Topsports International Holdings (FRA:8NF) has a current Days Payable of 7.35. The stock's GF Value™ is €0.35, compared to a current price of €0.22 — trading 37% below its estimated fair value. The current Days Payable is 7.35, which is 35% below median its 10-year median of 11.38 and 85.6% below the Retail - Cyclical industry median of 51.22. Topsports International Holdings' overall GF Score™ is 84/100 with 6 warning signs to review. 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 Topsports International Holdings (FRA:8NF), the current Days Payable is 7.35 as of Feb. 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 Topsports International Holdings (FRA:8NF) Overvalued in 2026?

Based on GuruFocus' analysis, Topsports International Holdings stock appears to be undervalued. The current stock price of €0.22 is trading 37% below its estimated GF Value™ of €0.35.

Key valuation signals for FRA:8NF:

  • Days Payable: 7.35 (35% below median its 10-year median of 11.38)
  • GF Value™: €0.35 vs. price of €0.22 (37% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 85.6% below the Retail - Cyclical median (#1019 of 1102)

No single metric tells the full story. See the FRA:8NF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topsports International Holdings Business Description

Other Exchanges TPSRF:USA06110:Hong Kong
Address 30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers. The firm operates more than 4,000 stores directly as of the end of fiscal 2026, and most of these single-brand stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. Topsports also has partnerships with sportswear brands such as Puma, Li-Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.
84GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.22
Price
€0.35
GF Value