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Toplivo ADXBUL:TOPL 47 Days Payable is 15.87 as of Jun. 2025, which is 0% above its 10-year median of 15.80. GuruFocus rates XBUL:TOPL with a GF Score™ of 47/100 and a GF Value™ of €4.44 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 851 Oil & Gas companies, Toplivo AD ranks worse than 90.01% on this metric.
Toplivo AD's average Accounts Payable for the
six
months ended in Jun. 2025 was €3.73 Mil. Toplivo AD's Cost of Goods Sold for the
six
months ended in Jun. 2025 was €42.89 Mil.
Hence, Toplivo AD's Days Payable for the
six
months ended in Jun. 2025 was 15.87.
The historical rank and industry rank for Toplivo AD's Days Payable or its related term are showing as below:
XBUL:TOPL'
s Days Payable Range Over the Past 10 Years
Min: 11.04 Med: 15.8 Max: 24.82
Current: 15.42
During the past 13 years, Toplivo AD's highest Days Payable was 24.82. The lowest was 11.04. And the median was 15.80.
XBUL:TOPL's Days Payable is ranked worse than 90.01% of 851
companies
in the Oil & Gas industry
Industry Median: 57.95
vs XBUL:TOPL: 15.42
Toplivo AD's Days Payable
increased
from Jun. 2024 (13.75) to Jun. 2025 (15.87).
It may suggest that Toplivo ADdelayed paying its suppliers.
Toplivo AD Days Payable Related Terms
Toplivo AD Days Payable Historical Data
* Premium members only.
The historical data trend for Toplivo AD'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.
XBUL:TOPL vs VLO, MPC, PSX: Days Payable Comparison
For the Oil & Gas Refining & Marketing subindustry, Toplivo AD'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.
Toplivo AD Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Toplivo AD's Days Payable distribution charts can be found below:
* The bar in red indicates where Toplivo AD'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.
Toplivo AD's Days Payable for the fiscal year that ended in Dec. 2024 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.
Toplivo AD (XBUL:TOPL) has a Days Payable of 15.87 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Toplivo AD and its competitors. This is near median its historical median of 15.80. Over the past decade, Toplivo AD's Days Payable has ranged from 11.04 to 24.82. According to the industry distribution chart, Toplivo AD ranks #766 out of 851 companies in the Oil & Gas industry, placing it in the top 90%.
Is Toplivo AD's Days Payable too high?
Toplivo AD's current Days Payable of 15.87 is near median its 10-year median of 15.80. Over the past 10 years, this metric has ranged from a low of 11.04 to a high of 24.82. The Oil & Gas industry median Days Payable is 57.95. Toplivo AD's value of 15.87 is 72.6% below this industry median. Based on the distribution chart, Toplivo AD ranks #766 out of 851 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Toplivo AD has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toplivo AD's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Toplivo AD ranks #766 out of 851 companies for Days Payable. This places Toplivo AD in the lower half of its industry. The industry median Days Payable is 57.95. Toplivo AD's value of 15.87 is 72.6% below this benchmark. Historically, Toplivo AD's own Days Payable has ranged from 11.04 to 24.82 over the past decade. While the company's 10-year median is 15.80 vs. the industry median of 57.95, Toplivo AD 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Toplivo AD's current Days Payable of 15.87 is 72.6% 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 Toplivo AD and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplivo AD's current Days Payable is 15.87, which is near median its own 10-year median of 15.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplivo AD stock overvalued right now?
Based on GuruFocus' analysis, Toplivo AD (XBUL:TOPL) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.44, compared to a current price of €3.90 — trading 12.2% below its estimated fair value. The current Days Payable is 15.87, which is near median its 10-year median of 15.80 and 72.6% below the Oil & Gas industry median of 57.95. Toplivo AD's overall GF Score™ is 47/100 with 1 warning sign 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 Toplivo AD (XBUL:TOPL), the current Days Payable is 15.87 as of Jun. 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 Toplivo AD (XBUL:TOPL) Overvalued in 2026?
Based on GuruFocus' analysis, Toplivo AD stock appears to be undervalued.
The current stock price of €3.90 is trading 12.2% below its estimated GF Value™ of €4.44.
GuruFocus considers Toplivo AD to be Modestly Undervalued.
Key valuation signals for XBUL:TOPL:
Days Payable: 15.87 (near median its 10-year median of 15.80)
GF Value™: €4.44 vs. price of €3.90 (12.2% below fair value)
Industry Position: 72.6% below the Oil & Gas median (#766 of 851)
No single metric tells the full story. See the XBUL:TOPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toplivo AD is engaged in the provision of petroleum products like propane-butane, liquid petrol and liquid petroleum gas. It also offers construction and heating materials like firewood, wooden materials, decorating tiles, briquettes, wood, and metals.
47GF Score
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