TOP Financial GroupTOP -0.62%65 Days Payable is 1,836.60 as of Sep. 2025, which is 431% above its 10-year median of 345.69. GuruFocus rates TOP with a GF Score™ of 65/100 and a GF Value™ of $1.45 (Fairly Valued). The stock has 9 warning signs investors should review. Among 541 Capital Markets companies, TOP Financial Group ranks better than 86.51% on this metric.
The historical rank and industry rank for TOP Financial Group's Days Payable or its related term are showing as below:
TOP'
s Days Payable Range Over the Past 10 Years
Min: 156.58 Med: 345.69 Max: 2023.5
Current: 2023.5
During the past 6 years, TOP Financial Group's highest Days Payable was 2023.50. The lowest was 156.58. And the median was 345.69.
TOP's Days Payable is ranked better than 86.51% of 541
companies
in the Capital Markets industry
Industry Median: 92.89
vs TOP: 2023.50
TOP Financial Group's Days Payable
increased
from Sep. 2024 (1,791.48) to Sep. 2025 (1,836.60).
It may suggest that TOP Financial Groupdelayed paying its suppliers.
TOP Financial Group Days Payable Related Terms
TOP Financial Group Days Payable Historical Data
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The historical data trend for TOP Financial Group'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.
For the Capital Markets subindustry, TOP Financial Group'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 Financial Group Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, TOP Financial Group's Days Payable distribution charts can be found below:
* The bar in red indicates where TOP Financial Group's Days Payable falls into.
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 Financial Group's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as
* 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 Financial Group (TOP) has a Days Payable of 1,836.60 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TOP Financial Group and its competitors. This is 431% above median its historical median of 345.69. Over the past decade, TOP Financial Group's Days Payable has ranged from 156.58 to 2,023.50. According to the industry distribution chart, TOP Financial Group ranks #73 out of 541 companies in the Capital Markets industry, placing it in the top 13.5%.
Is TOP Financial Group's Days Payable too high?
TOP Financial Group's current Days Payable of 1,836.60 is 431% above median its 10-year median of 345.69. Over the past 10 years, this metric has ranged from a low of 156.58 to a high of 2,023.50. The Capital Markets industry median Days Payable is 92.89. TOP Financial Group's value of 1,836.60 is 1877.2% above this industry median. Based on the distribution chart, TOP Financial Group ranks #73 out of 541 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, TOP Financial Group has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TOP Financial Group's Days Payable compare to NCTY and AURE?
According to the Capital Markets industry distribution chart, TOP Financial Group ranks #73 out of 541 companies for Days Payable. This places TOP Financial Group in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.89. TOP Financial Group's value of 1,836.60 is 1877.2% above this benchmark. Historically, TOP Financial Group's own Days Payable has ranged from 156.58 to 2,023.50 over the past decade. While the company's 10-year median is 345.69 vs. the industry median of 92.89, TOP Financial Group 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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 Financial Group's current Days Payable of 1,836.60 is 1877.2% 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 Financial Group and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOP Financial Group's current Days Payable is 1,836.60, which is 431% above median its own 10-year median of 345.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOP Financial Group stock overvalued right now?
Based on GuruFocus' analysis, TOP Financial Group (TOP) is currently considered Fairly Valued. The stock's GF Value™ is $1.45, compared to a current price of $1.59 — trading 9.7% above its estimated fair value. The current Days Payable is 1,836.60, which is 431% above median its 10-year median of 345.69 and 1877.2% above the Capital Markets industry median of 92.89. TOP Financial Group's overall GF Score™ is 65/100 with 9 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 Financial Group (TOP), the current Days Payable is 1,836.60 as of Sep. 2025. 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 TOP Financial Group (TOP) Overvalued in 2026?
Based on GuruFocus' analysis, TOP Financial Group stock appears to be overvalued.
The current stock price of $1.59 is trading 9.7% above its estimated GF Value™ of $1.45.
GuruFocus considers TOP Financial Group to be Fairly Valued.
Key valuation signals for TOP:
Days Payable: 1,836.60 (431% above median its 10-year median of 345.69)
GF Value™: $1.45 vs. price of $1.59 (9.7% above fair value)
Industry Position: 1877.2% above the Capital Markets median (#73 of 541)
No single metric tells the full story. See the TOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in trading local and overseas equities, futures, and options products. The Company generates brokerage commission income by enabling its customers to trade on multiple exchanges present globally. The company operates in only one segment which is the futures brokerage service.
65GF Score
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