Wellex Industries (PHS:WIN) Days Payable : 453.87 (As of Mar. 2024)

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What is Wellex Industries Days Payable?

Wellex Industries's average Accounts Payable for the three months ended in Mar. 2024 was ₱3.81 Mil. Wellex Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱0.77 Mil. Hence, Wellex Industries's Days Payable for the three months ended in Mar. 2024 was 453.87.

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

PHS:WIN' s Days Payable Range Over the Past 10 Years
Min: 55.33 Med: 65.84 Max: 1002.91
Current: 132.01

During the past 13 years, Wellex Industries's highest Days Payable was 1002.91. The lowest was 55.33. And the median was 65.84.

PHS:WIN's Days Payable is ranked better than
59.21% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs PHS:WIN: 132.01

Wellex Industries's Days Payable increased from Mar. 2023 (437.13) to Mar. 2024 (453.87). It may suggest that Wellex Industries delayed paying its suppliers.

Wellex Industries Days Payable Historical Data

The historical data trend for Wellex Industries'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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Wellex Industries Days Payable Chart

Wellex Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.90

55.33

57.77

60.36

65.63

Wellex Industries 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															437.13	612.78	592.77	32.34	453.87

Competitive Comparison of Wellex Industries's Days Payable

For the Real Estate Services subindustry, Wellex Industries'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.

Wellex Industries's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wellex Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Wellex Industries's Days Payable falls into.

Wellex Industries 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.

Wellex Industries'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
=	( (2.115	+	2.419)	/	2 )	/	12.607	*	365
=	2.267					/	12.607	*	365
=	65.63

Wellex Industries'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
=	( (2.419	+	5.201)	/	2 )	/	0.766	*	365 / 4
=	3.81					/	0.766	*	365 / 4
=	453.87

Wellex Industries Days Payable Related Terms

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Wellex Industries (PHS:WIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wellex Industries Inc (PHS:WIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dona Julia Vargas Avenue corner Meralco Avenues, 35th Floor, One Corporate Center, Ortigas Center, Pasig City, PHL, 1605

Website

https://www.wellexindustries.com

Wellex Industries Inc is a Philippines-based company engaged in the business of development operation of all types of business enterprises, including enterprises engaged in the business of real estate development. The company is also involved in the mining activities. The group leases its idle properties as warehouses to third parties. Geographically the company offers its services only to the Philippines market.

Wellex Industries (PHS:WIN) Headlines

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