TOP (TOP Financial Group) Days Sales Outstanding: 2,784.87 (As of Mar. 2026) — 827% Above Median

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TOP TOP Financial Group Ltd TOP
62 GF Score
Price $10.30
GF Value $7.65
Valuation Significantly Overvalued
! 5 Warning Signs
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What is TOP Financial Group Days Sales Outstanding?

TOP Financial Group TOP -1.20% 62 Days Sales Outstanding is 2,784.87 as of Mar. 2026, which is 827% above its 10-year median of 300.36. GuruFocus rates TOP with a GF Score™ of 62/100 and a GF Value™ of $7.65 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 574 Capital Markets companies, TOP Financial Group ranks worse than 94.43% on this metric.

TOP Financial Group's average Accounts Receivable for the six months ended in Mar. 2026 was $28.31 Mil. TOP Financial Group's Revenue for the six months ended in Mar. 2026 was $1.86 Mil. Hence, TOP Financial Group's Days Sales Outstanding for the six months ended in Mar. 2026 was 2,784.87.

The historical rank and industry rank for TOP Financial Group's Days Sales Outstanding or its related term are showing as below:

TOP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.72   Med: 300.36   Max: 1841.34
Current: 1789.51

During the past 7 years, TOP Financial Group's highest Days Sales Outstanding was 1841.34. The lowest was 84.72. And the median was 300.36.

TOP's Days Sales Outstanding is ranked worse than
94.43% of 574 companies
in the Capital Markets industry
Industry Median: 53.58 vs TOP: 1789.51

TOP Financial Group's Days Sales Outstanding increased from Mar. 2025 (1,936.21) to Mar. 2026 (2,784.87).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


TOP Financial Group  (NAS:TOP) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


TOP Financial Group Days Sales Outstanding Related Terms


TOP Financial Group Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for TOP Financial Group's Days Sales Outstanding 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.

TOP Financial Group Days Sales Outstanding Chart

TOP Financial Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Sales Outstanding
Get a 7-Day Free Trial 147.03 300.36 498.07 1,230.08 1,841.34

TOP Financial Group Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,966.60 1,397.76 1,936.21 1,103.27 2,784.87

TOP vs SBET, PURR, OPY: Days Sales Outstanding Comparison

For the Capital Markets subindustry, TOP Financial Group's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TOP Financial Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TOP Financial Group's Days Sales Outstanding falls into.


TOP
62GF Score
TOP Financial Group Ltd TOP
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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TOP Financial Group Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

TOP Financial Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2026 is calculated as

Days Sales Outstanding (A: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (12.869 + 34.794) / 2 ) / 4.724*365
=23.8315 / 4.724*365
=1,841.34

TOP Financial Group's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding (Q: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (21.819 + 34.794) / 2 ) / 1.855*365 / 2
=28.3065 / 1.855*365 / 2
=2,784.87

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 2,784.87 mean?
TOP Financial Group (TOP) has a Days Sales Outstanding of 2,784.87 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on TOP Financial Group and its competitors. This is 827% above median its historical median of 300.36. Over the past decade, TOP Financial Group's Days Sales Outstanding has ranged from 84.72 to 1,841.34. According to the industry distribution chart, TOP Financial Group ranks #542 out of 574 companies in the Capital Markets industry, placing it in the top 94.4%.
Is TOP Financial Group's Days Sales Outstanding too high?
TOP Financial Group's current Days Sales Outstanding of 2,784.87 is 827% above median its 10-year median of 300.36. Over the past 10 years, this metric has ranged from a low of 84.72 to a high of 1,841.34. The Capital Markets industry median Days Sales Outstanding is 53.58. TOP Financial Group's value of 2,784.87 is 5097.6% above this industry median. Based on the distribution chart, TOP Financial Group ranks #542 out of 574 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, TOP Financial Group has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOP Financial Group's Days Sales Outstanding compare to SBET and PURR?
According to the Capital Markets industry distribution chart, TOP Financial Group ranks #542 out of 574 companies for Days Sales Outstanding. This places TOP Financial Group in the lower half of its industry. The industry median Days Sales Outstanding is 53.58. TOP Financial Group's value of 2,784.87 is 5097.6% above this benchmark. Historically, TOP Financial Group's own Days Sales Outstanding has ranged from 84.72 to 1,841.34 over the past decade. While the company's 10-year median is 300.36 vs. the industry median of 53.58, 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 Sales Outstanding for a Capital Markets company?
The median Days Sales Outstanding among Capital Markets companies is 53.58, based on 574 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TOP Financial Group's current Days Sales Outstanding of 2,784.87 is 5097.6% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on TOP Financial Group and its competitors. For the Capital Markets industry, the median Days Sales Outstanding is 53.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOP Financial Group's current Days Sales Outstanding is 2,784.87, which is 827% above median its own 10-year median of 300.36. 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 Significantly Overvalued. The stock's GF Value™ is $7.65, compared to a current price of $10.30 — trading 34.6% above its estimated fair value. The current Days Sales Outstanding is 2,784.87, which is 827% above median its 10-year median of 300.36 and 5097.6% above the Capital Markets industry median of 53.58. TOP Financial Group's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For TOP Financial Group (TOP), the current Days Sales Outstanding is 2,784.87 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 TOP Financial Group (TOP) Overvalued in 2026?

Based on GuruFocus' analysis, TOP Financial Group stock appears to be overvalued. The current stock price of $10.30 is trading 34.6% above its estimated GF Value™ of $7.65. GuruFocus considers TOP Financial Group to be Significantly Overvalued.

Key valuation signals for TOP:

  • Days Sales Outstanding: 2,784.87 (827% above median its 10-year median of 300.36)
  • GF Value™: $7.65 vs. price of $10.30 (34.6% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 5097.6% above the Capital Markets median (#542 of 574)

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 Business Description

Address 101 Cecil Street, No. 13-05, Tong Eng Building, Singapore, SGP, 069533
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.
62GF Score

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

$10.30
Price
$7.65
GF Value