Synergy Grid & Development Philippines (PHS:SGP) Days Payable : 259.50 (As of Dec. 2023)

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What is Synergy Grid & Development Philippines Days Payable?

Synergy Grid & Development Philippines's average Accounts Payable for the three months ended in Dec. 2023 was ₱38,667 Mil. Synergy Grid & Development Philippines's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱13,597 Mil. Hence, Synergy Grid & Development Philippines's Days Payable for the three months ended in Dec. 2023 was 259.50.

The historical rank and industry rank for Synergy Grid & Development Philippines's Days Payable or its related term are showing as below:

PHS:SGP' s Days Payable Range Over the Past 10 Years
Min: 221.32 Med: 281.39 Max: 294.82
Current: 234.53

During the past 13 years, Synergy Grid & Development Philippines's highest Days Payable was 294.82. The lowest was 221.32. And the median was 281.39.

PHS:SGP's Days Payable is ranked better than
90.81% of 468 companies
in the Conglomerates industry
Industry Median: 57.64 vs PHS:SGP: 234.53

Synergy Grid & Development Philippines's Days Payable increased from Dec. 2022 (253.69) to Dec. 2023 (259.50). It may suggest that Synergy Grid & Development Philippines delayed paying its suppliers.

Synergy Grid & Development Philippines Days Payable Historical Data

The historical data trend for Synergy Grid & Development Philippines'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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Synergy Grid & Development Philippines Days Payable Chart

Synergy Grid & Development Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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294.82

285.47

277.31

221.32

Synergy Grid & Development Philippines 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															253.69	211.52	182.77	340.35	259.50

Competitive Comparison of Synergy Grid & Development Philippines's Days Payable

For the Conglomerates subindustry, Synergy Grid & Development Philippines'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.

Synergy Grid & Development Philippines's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Synergy Grid & Development Philippines's Days Payable distribution charts can be found below:

* The bar in red indicates where Synergy Grid & Development Philippines's Days Payable falls into.

Synergy Grid & Development Philippines 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.

Synergy Grid & Development Philippines'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
=	( (32143.686	+	36814.356)	/	2 )	/	56863.638	*	365
=	34479.021					/	56863.638	*	365
=	221.32

Synergy Grid & Development Philippines'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
=	( (40519.749	+	36814.356)	/	2 )	/	13596.596	*	365 / 4
=	38667.0525					/	13596.596	*	365 / 4
=	259.50

Synergy Grid & Development Philippines Days Payable Related Terms

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Synergy Grid & Development Philippines (PHS:SGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Synergy Grid & Development Philippines Inc (PHS:SGP) » Definitions » Days Payable

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Address

Condominium Pearl Drive, 1607, 16th Floor, Tycoon Center Building, Metro Manila, Pasig, PHL, 1605

Website

https://www.synergygrid.ph

Synergy Grid & Development Philippines Inc is engaged in providing management consulting and financial advisory services. It also derives its income from Interest income from cash deposits with the bank and short-term money placements and Dividend income from the National Grid Corporation of the Philippines. The Group has only one operating segment which is the transmission business.

Synergy Grid & Development Philippines (PHS:SGP) Headlines

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