Empire East Land Holdings (PHS:ELI) Days Payable : 395.74 (As of Mar. 2024)

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What is Empire East Land Holdings Days Payable?

Empire East Land Holdings's average Accounts Payable for the three months ended in Mar. 2024 was ₱3,034 Mil. Empire East Land Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱699 Mil. Hence, Empire East Land Holdings's Days Payable for the three months ended in Mar. 2024 was 395.74.

The historical rank and industry rank for Empire East Land Holdings's Days Payable or its related term are showing as below:

PHS:ELI' s Days Payable Range Over the Past 10 Years
Min: 91.03 Med: 278.71 Max: 366.41
Current: 352.13

During the past 13 years, Empire East Land Holdings's highest Days Payable was 366.41. The lowest was 91.03. And the median was 278.71.

PHS:ELI's Days Payable is ranked better than
82.53% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs PHS:ELI: 352.13

Empire East Land Holdings's Days Payable increased from Mar. 2023 (332.31) to Mar. 2024 (395.74). It may suggest that Empire East Land Holdings delayed paying its suppliers.

Empire East Land Holdings Days Payable Historical Data

The historical data trend for Empire East Land Holdings'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.

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Empire East Land Holdings Days Payable Chart

Empire East Land Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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323.91

257.93

299.48

349.91

366.41

Empire East Land Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															332.31	417.73	387.48	258.03	395.74

Competitive Comparison of Empire East Land Holdings's Days Payable

For the Real Estate - Development subindustry, Empire East Land Holdings'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.

Empire East Land Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Empire East Land Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Empire East Land Holdings's Days Payable falls into.

Empire East Land Holdings 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.

Empire East Land Holdings'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
=	( (2453.924	+	3036.87)	/	2 )	/	2734.799	*	365
=	2745.397					/	2734.799	*	365
=	366.41

Empire East Land Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3036.87	+	3030.149)	/	2 )	/	699.472	*	365 / 4
=	3033.5095					/	699.472	*	365 / 4
=	395.74

Empire East Land Holdings Days Payable Related Terms

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Empire East Land Holdings (PHS:ELI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Empire East Land Holdings Inc (PHS:ELI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P. Antonio Street, 2nd Floor Tower 2, Kasara Urban Resort Residences, Barangay Ugong, Pasig City, PHL, 1604

Website

https://www.eelhi.com.ph

Empire East Land Holdings Inc is engaged in the development and marketing of mid-cost housing projects in the form of condominium communities, subdivision lots and house and lot packages, and commercial units to a limited extent. The company also leases out commercial and industrial properties. It classifies and monitors its projects into high-rise and horizontal. High-rise projects refer to condominiums and other medium-scale properties while horizontal projects refer to house and lot packages and subdivision lots. Both are intended for the middle-income market.

Empire East Land Holdings (PHS:ELI) Headlines

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