Top Line Business Development (PHS:TOP) Days Payable: 0.22 (As of Mar. 2026) — 91% Below Median


PHS:TOP Top Line Business Development Corp PHS:TOP
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What is Top Line Business Development Days Payable?

Top Line Business Development PHS:TOP 5 Days Payable is 0.22 as of Mar. 2026, which is 91% below its 10-year median of 2.34. GuruFocus rates PHS:TOP with a GF Score™ of 5/100. The stock has 2 warning signs investors should review. Among 1,098 Retail - Cyclical companies, Top Line Business Development ranks worse than 99.18% on this metric.

Top Line Business Development's average Accounts Payable for the three months ended in Mar. 2026 was ₱4 Mil. Top Line Business Development's Cost of Goods Sold for the three months ended in Mar. 2026 was ₱1,588 Mil. Hence, Top Line Business Development's Days Payable for the three months ended in Mar. 2026 was 0.22.

The historical rank and industry rank for Top Line Business Development's Days Payable or its related term are showing as below:

PHS:TOP' s Days Payable Range Over the Past 10 Years
Min: 0.49   Med: 2.34   Max: 5.49
Current: 0.86

During the past 5 years, Top Line Business Development's highest Days Payable was 5.49. The lowest was 0.49. And the median was 2.34.

PHS:TOP's Days Payable is ranked worse than
99.18% of 1098 companies
in the Retail - Cyclical industry
Industry Median: 51.625 vs PHS:TOP: 0.86

Top Line Business Development's Days Payable declined from Mar. 2025 (0.69) to Mar. 2026 (0.22). It may suggest that Top Line Business Development accelerated paying its suppliers.


Top Line Business Development Days Payable Historical Data

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The historical data trend for Top Line Business Development'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 Line Business Development Days Payable Chart

Top Line Business Development Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
5.49 2.61 2.34 1.74 0.49

Top Line Business Development Quarterly Data
Dec21 Dec22 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 1.29 1.55 1.16 0.22

PHS:TOP vs CASY, WSM, ULTA: Days Payable Comparison

For the Specialty Retail subindustry, Top Line Business Development'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 Line Business Development Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Top Line Business Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Top Line Business Development's Days Payable falls into.


PHS:TOP
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Top Line Business Development Corp PHS:TOP
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Top Line Business Development 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 Line Business Development's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (6.845 + 3.327) / 2 ) / 3798.827*365
=5.086 / 3798.827*365
=0.49

Top Line Business Development's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3.327 + 4.224) / 2 ) / 1587.512*365 / 4
=3.7755 / 1587.512*365 / 4
=0.22

* 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 0.22 mean?
Top Line Business Development (PHS:TOP) has a Days Payable of 0.22 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Top Line Business Development and its competitors. This is 91% below median its historical median of 2.34. Over the past decade, Top Line Business Development's Days Payable has ranged from 0.49 to 5.49. According to the industry distribution chart, Top Line Business Development ranks #1089 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 99.2%.
Is Top Line Business Development's Days Payable too high?
Top Line Business Development's current Days Payable of 0.22 is 91% below median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 5.49. The Retail - Cyclical industry median Days Payable is 51.63. Top Line Business Development's value of 0.22 is 99.6% below this industry median. Based on the distribution chart, Top Line Business Development ranks #1089 out of 1098 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Top Line Business Development has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Top Line Business Development's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Top Line Business Development ranks #1089 out of 1098 companies for Days Payable. This places Top Line Business Development in the lower half of its industry. The industry median Days Payable is 51.63. Top Line Business Development's value of 0.22 is 99.6% below this benchmark. Historically, Top Line Business Development's own Days Payable has ranged from 0.49 to 5.49 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 51.63, Top Line Business Development 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 51.63, based on 1,098 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 Line Business Development's current Days Payable of 0.22 is 99.6% 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 Top Line Business Development and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Line Business Development's current Days Payable is 0.22, which is 91% below median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Line Business Development stock overvalued right now?
Top Line Business Development (PHS:TOP) has a current Days Payable of 0.22. The current Days Payable is 0.22, which is 91% below median its 10-year median of 2.34 and 99.6% below the Retail - Cyclical industry median of 51.63. Top Line Business Development's overall GF Score™ is 5/100 with 2 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 Top Line Business Development (PHS:TOP), the current Days Payable is 0.22 as of Mar. 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.

Top Line Business Development Business Description

Address Mindanao Avenue, 19th Floor, Latitude Corporate Center, Cebu Business Park, Barangay Luz, Cebu, PHL, 6000
Top Line Business Development Corp is providing consistent and reliable fuel solutions that power industries with efficiency and sustainability. It is mainly focused on its vertically integrated liquid fuels business, with an emphasis on the underserved Central Visayas region. The company is engaged in the business of petroleum and petroleum products, mineral oils, and other sources of energy.
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