TOPCF (Topcon) Days Payable : 41.62 (As of Sep. 2024)

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What is Topcon Days Payable?

Topcon's average Accounts Payable for the three months ended in Sep. 2024 was $82 Mil. Topcon's Cost of Goods Sold for the three months ended in Sep. 2024 was $179 Mil. Hence, Topcon's Days Payable for the three months ended in Sep. 2024 was 41.62.

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

TOPCF' s Days Payable Range Over the Past 10 Years
Min: 53.31 Med: 62.8 Max: 68.75
Current: 53.31

During the past 13 years, Topcon's highest Days Payable was 68.75. The lowest was 53.31. And the median was 62.80.

TOPCF's Days Payable is ranked worse than
65.21% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs TOPCF: 53.31

Topcon's Days Payable declined from Sep. 2023 (57.90) to Sep. 2024 (41.62). It may suggest that Topcon accelerated paying its suppliers.

Topcon Days Payable Historical Data

The historical data trend for Topcon'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.

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Topcon Days Payable Chart

Topcon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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67.72

68.38

62.87

60.24

60.57

Topcon Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															57.90	60.29	51.34	62.11	41.62

Competitive Comparison of Topcon's Days Payable

For the Scientific & Technical Instruments subindustry, Topcon'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.

Topcon's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Topcon's Days Payable distribution charts can be found below:

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

Topcon 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.

Topcon's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (122.613	+	102.751)	/	2 )	/	679.028	*	365
=	112.682					/	679.028	*	365
=	60.57

Topcon's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	81.81)	/	1 )	/	179.351	*	365 / 4
=	81.81					/	179.351	*	365 / 4
=	41.62

Topcon Days Payable Related Terms

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Topcon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Topcon Corp (OTCPK:TOPCF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7732:Japan

Address

75-1 Hasunuma-cho, Itabashi-ku, Tokyo, JPN, 1748580

Website

http://www.topcon.co.jp

Topcon Corp sells ophthalmic instruments, medical equipment, and machine control and GPS-related systems. The firm operates in three segments: Eye Care, Smart Infrastructure, and Positioning. The Eye Care business sells ophthalmic instruments and systems for eye examination, measurement, treatment, and eyeglass lens processing. The Smart Infrastructure business sells positioning products that use GPS, laser, and image analysis technologies based on the firm's optical technology. The Positioning business sells products related to Global Navigation Satellite Systems, or GNSS, to the construction and agriculture industries, including GNSS surveying, machine control, and precision agriculture solutions. North America, Europe, and Japan contribute the largest proportion of it's revenue.

Topcon Headlines

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