Toplofikatsia Ruse AD (XBUL:TPLR) Days Payable: 644.79 (As of Dec. 2025) — 25% Above Median

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XBUL:TPLR Toplofikatsia Ruse AD XBUL:TPLR
9 GF Score
Price €4.60
! 4 Warning Signs
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What is Toplofikatsia Ruse AD Days Payable?

Toplofikatsia Ruse AD XBUL:TPLR 9 Days Payable is 644.79 as of Dec. 2025, which is 25% above its 10-year median of 516.49. GuruFocus rates XBUL:TPLR with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 483 Utilities - Regulated companies, Toplofikatsia Ruse AD ranks better than 95.03% on this metric.

Toplofikatsia Ruse AD's average Accounts Payable for the six months ended in Dec. 2025 was €60.4 Mil. Toplofikatsia Ruse AD's Cost of Goods Sold for the six months ended in Dec. 2025 was €17.1 Mil. Hence, Toplofikatsia Ruse AD's Days Payable for the six months ended in Dec. 2025 was 644.79.

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

XBUL:TPLR' s Days Payable Range Over the Past 10 Years
Min: 512.08   Med: 516.49   Max: 520.56
Current: 512.08

During the past 2 years, Toplofikatsia Ruse AD's highest Days Payable was 520.56. The lowest was 512.08. And the median was 516.49.

XBUL:TPLR's Days Payable is ranked better than
95.03% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.29 vs XBUL:TPLR: 512.08

Toplofikatsia Ruse AD's Days Payable increased from Dec. 2024 (486.00) to Dec. 2025 (644.79). It may suggest that Toplofikatsia Ruse AD delayed paying its suppliers.


Toplofikatsia Ruse AD Days Payable Historical Data

* Premium members only.

The historical data trend for Toplofikatsia Ruse 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.

Toplofikatsia Ruse AD Days Payable Chart

Toplofikatsia Ruse AD Annual Data
Trend Dec24 Dec25
Days Payable
512.42 520.56

Toplofikatsia Ruse AD Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 894.50 901.44 486.00 402.74 644.79

XBUL:TPLR vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, Toplofikatsia Ruse 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.


Toplofikatsia Ruse AD Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Toplofikatsia Ruse AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Toplofikatsia Ruse AD's Days Payable falls into.


XBUL:TPLR
9GF Score
Toplofikatsia Ruse AD XBUL:TPLR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Toplofikatsia Ruse AD 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.

Toplofikatsia Ruse AD'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
=( (44.927 + 67.423) / 2 ) / 39.388*365
=56.175 / 39.388*365
=520.56

Toplofikatsia Ruse AD's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (53.43 + 67.423) / 2 ) / 17.103*365 / 2
=60.4265 / 17.103*365 / 2
=644.79

* 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 644.79 mean?
Toplofikatsia Ruse AD (XBUL:TPLR) has a Days Payable of 644.79 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Toplofikatsia Ruse AD and its competitors. This is 25% above median its historical median of 516.49. Over the past decade, Toplofikatsia Ruse AD's Days Payable has ranged from 512.08 to 520.56. According to the industry distribution chart, Toplofikatsia Ruse AD ranks #24 out of 483 companies in the Utilities - Regulated industry, placing it in the top 5%.
Is Toplofikatsia Ruse AD's Days Payable too high?
Toplofikatsia Ruse AD's current Days Payable of 644.79 is 25% above median its 10-year median of 516.49. Over the past 10 years, this metric has ranged from a low of 512.08 to a high of 520.56. The Utilities - Regulated industry median Days Payable is 70.29. Toplofikatsia Ruse AD's value of 644.79 is 817.3% above this industry median. Based on the distribution chart, Toplofikatsia Ruse AD ranks #24 out of 483 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Toplofikatsia Ruse AD has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Toplofikatsia Ruse AD's Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Toplofikatsia Ruse AD ranks #24 out of 483 companies for Days Payable. This places Toplofikatsia Ruse AD in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.29. Toplofikatsia Ruse AD's value of 644.79 is 817.3% above this benchmark. Historically, Toplofikatsia Ruse AD's own Days Payable has ranged from 512.08 to 520.56 over the past decade. While the company's 10-year median is 516.49 vs. the industry median of 70.29, Toplofikatsia Ruse AD 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.29, based on 483 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. Toplofikatsia Ruse AD's current Days Payable of 644.79 is 817.3% 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 Toplofikatsia Ruse AD and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplofikatsia Ruse AD's current Days Payable is 644.79, which is 25% above median its own 10-year median of 516.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplofikatsia Ruse AD stock overvalued right now?
Toplofikatsia Ruse AD (XBUL:TPLR) has a current Days Payable of 644.79. The current Days Payable is 644.79, which is 25% above median its 10-year median of 516.49 and 817.3% above the Utilities - Regulated industry median of 70.29. Toplofikatsia Ruse AD's overall GF Score™ is 9/100 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 Toplofikatsia Ruse AD (XBUL:TPLR), the current Days Payable is 644.79 as of Dec. 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.

Toplofikatsia Ruse AD Business Description

Address TPP Iztok Street, Ruse, BGR, 7009
Toplofikatsia Ruse AD is engaged in electricity and heat generation; combined production of electricity and heat; heat transfer; maintenance and operation of low-pressure gas pipelines, and other activities.
9GF Score

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