TOITF (Topicus com) Days Payable: 122.28 (As of Mar. 2026) — 21% Above Median


TOITF Topicus com Inc TOITF
58 GF Score
Price $65.24
GF Value $138.67
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Topicus com Days Payable?

Topicus com TOITF +0.83% 58 Days Payable is 122.28 as of Mar. 2026, which is 21% above its 10-year median of 101.43. GuruFocus rates TOITF with a GF Score™ of 58/100 and a GF Value™ of $138.67 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,604 Software companies, Topicus com ranks better than 71.31% on this metric.

Topicus com's average Accounts Payable for the three months ended in Mar. 2026 was $434 Mil. Topicus com's Cost of Goods Sold for the three months ended in Mar. 2026 was $324 Mil. Hence, Topicus com's Days Payable for the three months ended in Mar. 2026 was 122.28.

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

TOITF' s Days Payable Range Over the Past 10 Years
Min: 92.92   Med: 101.43   Max: 119.14
Current: 111.29

During the past 7 years, Topicus com's highest Days Payable was 119.14. The lowest was 92.92. And the median was 101.43.

TOITF's Days Payable is ranked better than
71.31% of 2604 companies
in the Software industry
Industry Median: 53.955 vs TOITF: 111.29

Topicus com's Days Payable increased from Mar. 2025 (105.25) to Mar. 2026 (122.28). It may suggest that Topicus com delayed paying its suppliers.


Topicus com Days Payable Historical Data

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The historical data trend for Topicus com'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.

Topicus com Days Payable Chart

Topicus com Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 92.89 98.76 95.92 104.28 108.34

Topicus com Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 105.25 98.83 104.25 111.54 122.28

TOITF vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Topicus com'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.


Topicus com Days Payable vs Software Industry

For the Software industry and Technology sector, Topicus com's Days Payable distribution charts can be found below:

* The bar in red indicates where Topicus com's Days Payable falls into.


TOITF
58GF Score
Topicus com Inc TOITF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Topicus com 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.

Topicus com'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
=( (262.158 + 427.669) / 2 ) / 1162.058*365
=344.9135 / 1162.058*365
=108.34

Topicus com'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
=( (427.669 + 439.437) / 2 ) / 323.535*365 / 4
=433.553 / 323.535*365 / 4
=122.28

* 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 122.28 mean?
Topicus com (TOITF) has a Days Payable of 122.28 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 Topicus com and its competitors. This is 21% above median its historical median of 101.43. Over the past decade, Topicus com's Days Payable has ranged from 92.92 to 119.14. According to the industry distribution chart, Topicus com ranks #747 out of 2604 companies in the Software industry, placing it in the top 28.7%.
Is Topicus com's Days Payable too high?
Topicus com's current Days Payable of 122.28 is 21% above median its 10-year median of 101.43. Over the past 10 years, this metric has ranged from a low of 92.92 to a high of 119.14. The Software industry median Days Payable is 53.96. Topicus com's value of 122.28 is 126.6% above this industry median. Based on the distribution chart, Topicus com ranks #747 out of 2604 companies in the Software industry, which is above the industry midpoint. Overall, Topicus com has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Topicus com's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Topicus com ranks #747 out of 2604 companies for Days Payable. This puts Topicus com in the upper half of its industry. The industry median Days Payable is 53.96. Topicus com's value of 122.28 is 126.6% above this benchmark. Historically, Topicus com's own Days Payable has ranged from 92.92 to 119.14 over the past decade. While the company's 10-year median is 101.43 vs. the industry median of 53.96, Topicus com has consistently been above 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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. Topicus com's current Days Payable of 122.28 is 126.6% 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 Topicus com and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topicus com's current Days Payable is 122.28, which is 21% above median its own 10-year median of 101.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topicus com stock overvalued right now?
Based on GuruFocus' analysis, Topicus com (TOITF) is currently considered Significantly Undervalued. The stock's GF Value™ is $138.67, compared to a current price of $65.24 — trading 53% below its estimated fair value. The current Days Payable is 122.28, which is 21% above median its 10-year median of 101.43 and 126.6% above the Software industry median of 53.96. Topicus com's overall GF Score™ is 58/100 with 4 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 Topicus com (TOITF), the current Days Payable is 122.28 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.

Is Topicus com (TOITF) Overvalued in 2026?

Based on GuruFocus' analysis, Topicus com stock appears to be undervalued. The current stock price of $65.24 is trading 53% below its estimated GF Value™ of $138.67. GuruFocus considers Topicus com to be Significantly Undervalued.

Key valuation signals for TOITF:

  • Days Payable: 122.28 (21% above median its 10-year median of 101.43)
  • GF Value™: $138.67 vs. price of $65.24 (53% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 126.6% above the Software median (#747 of 2604)

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


Topicus com Business Description

Other Exchanges 60D:GermanyTOI:Canada
Address 66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K 1E6
Topicus com Inc is engaged in the development, installation, and customization of vertical market software and the provision of related professional services and support for customers across several diverse markets, mainly in Europe. Its revenue consists mainly of software license fees, maintenance and other recurring fees, professional service fees, and hardware sales. Geographically, the company generates maximum revenue from its business in the Netherlands, and the rest from other markets.
58GF Score

Get the complete analysis for TOITF

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

$65.24
Price
$138.67
GF Value