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San Miguel (San Miguel) Days Payable : 46.86 (As of Dec. 2023)


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What is San Miguel Days Payable?

San Miguel's average Accounts Payable for the three months ended in Dec. 2023 was $2,885 Mil. San Miguel's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,619 Mil. Hence, San Miguel's Days Payable for the three months ended in Dec. 2023 was 46.86.

The historical rank and industry rank for San Miguel's Days Payable or its related term are showing as below:

SMGBY' s Days Payable Range Over the Past 10 Years
Min: 27.44   Med: 37.96   Max: 53.52
Current: 53.52

During the past 13 years, San Miguel's highest Days Payable was 53.52. The lowest was 27.44. And the median was 37.96.

SMGBY's Days Payable is ranked worse than
54.58% of 469 companies
in the Conglomerates industry
Industry Median: 58.24 vs SMGBY: 53.52

San Miguel's Days Payable increased from Dec. 2022 (42.98) to Dec. 2023 (46.86). It may suggest that San Miguel delayed paying its suppliers.


San Miguel Days Payable Historical Data

The historical data trend for San Miguel'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.

San Miguel Days Payable Chart

San Miguel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.53 53.44 37.86 27.44 31.89

San Miguel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 42.98 51.47 72.20 66.42 46.86

Competitive Comparison of San Miguel's Days Payable

For the Conglomerates subindustry, San Miguel'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.


San Miguel's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's Days Payable distribution charts can be found below:

* The bar in red indicates where San Miguel's Days Payable falls into.



San Miguel 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.

San Miguel's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1875.15 + 1784.443) / 2 ) / 20942.242*365
=1829.7965 / 20942.242*365
=31.89

San Miguel's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3986.549 + 1784.443) / 2 ) / 5618.709*365 / 4
=2885.496 / 5618.709*365 / 4
=46.86

* 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.


San Miguel Days Payable Related Terms

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San Miguel (San Miguel) Business Description

Address
No. 40 San Miguel Avenue, Metro Manila, P.O. Box 271, Manila Central Post Office, Mandaluyong, PHL, 1550
San Miguel Corp is a holding company based in the Philippines. The company's operating segments include food and beverage; packaging; energy; fuel and oil; and infrastructure. The company generates a majority of its revenue from the fuel and oil segments. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

San Miguel (San Miguel) Headlines

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