TOPCF (Topcon) Days Sales Outstanding: 86.32 (As of Sep. 2025) — 21% Below Median

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TOPCF Topcon Corp TOPCF
9 GF Score
Price $21.21
GF Value $11.64
! 9 Warning Signs
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What is Topcon Days Sales Outstanding?

Topcon TOPCF 9 Days Sales Outstanding is 86.32 as of Sep. 2025, which is 21% below its 10-year median of 108.78. GuruFocus rates TOPCF with a GF Score™ of 9/100 and a GF Value™ of $11.64. The stock has 9 warning signs investors should review.

Topcon's average Accounts Receivable for the three months ended in Sep. 2025 was $334 Mil. Topcon's Revenue for the three months ended in Sep. 2025 was $353 Mil. Hence, Topcon's Days Sales Outstanding for the three months ended in Sep. 2025 was 86.32.

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

TOPCF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.98   Med: 108.78   Max: 119.62
Current: 81.91

During the past 13 years, Topcon's highest Days Sales Outstanding was 119.62. The lowest was 78.98. And the median was 108.78.

TOPCF's Days Sales Outstanding is not ranked
in the Hardware industry.
Industry Median: 74.71 vs TOPCF: 81.91

Topcon's Days Sales Outstanding increased from Sep. 2024 (72.12) to Sep. 2025 (86.32).


Topcon  (OTCPK:TOPCF) Days Sales Outstanding Explanation

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


Topcon Days Sales Outstanding Related Terms


Topcon Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Topcon'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.

Topcon Days Sales Outstanding Chart

Topcon Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.43 94.87 83.92 85.36 85.56

Topcon Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.12 84.87 67.90 94.26 86.32

TOPCF vs GRMN, KEYS, COHR: Days Sales Outstanding Comparison

For the Scientific & Technical Instruments subindustry, Topcon'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.


Topcon Days Sales Outstanding vs Hardware Industry

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

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


TOPCF
9GF Score
Topcon Corp TOPCF
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Topcon 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.

Topcon's Days Sales Outstanding for the fiscal year that ended in Mar. 2025 is calculated as

Days Sales Outstanding (A: Mar. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )*Days in Period
=( (320.835 + 358.506) / 2 ) / 1449.104*365
=339.6705 / 1449.104*365
=85.56

Topcon's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding (Q: Sep. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Sep. 2025 )) / count ) / Revenue (A: Sep. 2025 )*Days in Period
=( (334.966 + 332.22) / 2 ) / 352.637*365 / 4
=333.593 / 352.637*365 / 4
=86.32

* 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 86.32 mean?
Topcon (TOPCF) has a Days Sales Outstanding of 86.32 as of Sep. 2025. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Topcon and its competitors. This is 21% below median its historical median of 108.78. Over the past decade, Topcon's Days Sales Outstanding has ranged from 78.98 to 119.62.
Is Topcon's Days Sales Outstanding too high?
Topcon's current Days Sales Outstanding of 86.32 is 21% below median its 10-year median of 108.78. Over the past 10 years, this metric has ranged from a low of 78.98 to a high of 119.62. The Hardware industry median Days Sales Outstanding is 74.71. Topcon's value of 86.32 is 15.5% above this industry median. Overall, Topcon has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Topcon's Days Sales Outstanding compare to GRMN and KEYS?
Topcon's Days Sales Outstanding of 86.32 can be compared against companies in the Hardware industry. The industry median Days Sales Outstanding is 74.71. Topcon's value of 86.32 is 15.5% above this benchmark. Historically, Topcon's own Days Sales Outstanding has ranged from 78.98 to 119.62 over the past decade. While the company's 10-year median is 108.78 vs. the industry median of 74.71, Topcon 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 Hardware company?
The median Days Sales Outstanding among Hardware companies is 74.71, based on 2,469 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. Topcon's current Days Sales Outstanding of 86.32 is 15.5% 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 Topcon and its competitors. For the Hardware industry, the median Days Sales Outstanding is 74.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topcon's current Days Sales Outstanding is 86.32, which is 21% below median its own 10-year median of 108.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topcon stock overvalued right now?
Topcon (TOPCF) has a current Days Sales Outstanding of 86.32. The stock's GF Value™ is $11.64, compared to a current price of $21.21 — trading 82.2% above its estimated fair value. The current Days Sales Outstanding is 86.32, which is 21% below median its 10-year median of 108.78 and 15.5% above the Hardware industry median of 74.71. Topcon's overall GF Score™ is 9/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Topcon (TOPCF), the current Days Sales Outstanding is 86.32 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 Topcon (TOPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Topcon stock appears to be overvalued. The current stock price of $21.21 is trading 82.2% above its estimated GF Value™ of $11.64.

Key valuation signals for TOPCF:

  • Days Sales Outstanding: 86.32 (21% below median its 10-year median of 108.78)
  • GF Value™: $11.64 vs. price of $21.21 (82.2% above fair value)
  • GF Score™: 9/100 with 9 warning signs
  • Industry Position: 15.5% above the Hardware median

No single metric tells the full story. See the TOPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topcon Business Description

Address 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, JPN, 174-8580
Topcon Corp sells ophthalmic instruments, medical equipment, machine control systems, and GPS-related products. Its operations are structured around three main areas: the Positioning Business, Eye Care Business, and Other. The Positioning division handles products such as total stations, 3D laser scanners, ICT automated construction systems, IT agricultural systems, GNSS receivers for surveying, laser equipment, and software for construction and civil engineering. The Eye Care division provides 3D fundus imaging devices, fundus cameras, auto and kerato refractors, slit lamps, tonometers, lens meters, ophthalmic laser systems, and related software for image management and electronic medical records.
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Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.21
Price
$11.64
GF Value