Top Glove Bhd (Top Glove Bhd) Days Payable : 0.00 (As of Feb. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Top Glove Bhd Days Payable?

Top Glove Bhd's average Accounts Payable for the three months ended in Feb. 2024 was $66.6 Mil. Top Glove Bhd's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.0 Mil.

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

During the past 13 years, Top Glove Bhd's highest Days Payable was 49.64. The lowest was 16.14. And the median was 27.45.

TPGVF's Days Payable is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 72.685
* Ranked among companies with meaningful Days Payable only.

Top Glove Bhd's Days Payable stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00). stayed the same

Top Glove Bhd Days Payable Historical Data

The historical data trend for Top Glove Bhd'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.

* Premium members only.

Top Glove Bhd Days Payable Chart

Top Glove Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

Get a 7-Day Free Trial

36.93

26.53

20.41

16.66

21.81

Top Glove Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Top Glove Bhd's Days Payable

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.

Top Glove Bhd's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Days Payable falls into.

Top Glove Bhd 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.

Top Glove Bhd's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (40.353	+	16.515)	/	2 )	/	475.797	*	365
=	28.434					/	475.797	*	365
=	21.81

Top Glove Bhd's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (62.753	+	70.369)	/	2 )	/	0	*	365 / 4
=	66.561					/	0	*	365 / 4
=	N/A

Top Glove Bhd Days Payable Related Terms

Thank you for viewing the detailed overview of Top Glove Bhd's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Top Glove Bhd (Top Glove Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Top Glove Corp Bhd (OTCPK:TPGVF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TGLVY:USA BVA:Singapore 7113:Malaysia

Address

16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170

Website

https://www.topglove.com

Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the majority demand.

Top Glove Bhd (Top Glove Bhd) Headlines

From GuruFocus

Top Glove Bhd Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 04-09-2021

Top Glove Bhd Stock Shows Every Sign Of Being Significantly Undervalued

By GF Value GF Value • 05-09-2021