Boulevard Holdings (PHS:BHI) Days Payable: 296.96 (As of Feb. 2026) — 40% Above Median


What is Boulevard Holdings Days Payable?

Boulevard Holdings PHS:BHI Days Payable is 296.96 as of Feb. 2026, which is 40% above its 10-year median of 212.48. The stock has 2 warning signs investors should review. Among 780 Travel & Leisure companies, Boulevard Holdings ranks better than 86.79% on this metric.

Boulevard Holdings's average Accounts Payable for the three months ended in Feb. 2026 was ₱26.98 Mil. Boulevard Holdings's Cost of Goods Sold for the three months ended in Feb. 2026 was ₱8.29 Mil. Hence, Boulevard Holdings's Days Payable for the three months ended in Feb. 2026 was 296.96.

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

PHS:BHI' s Days Payable Range Over the Past 10 Years
Min: 139.64   Med: 212.48   Max: 633.4
Current: 234.65

During the past 13 years, Boulevard Holdings's highest Days Payable was 633.40. The lowest was 139.64. And the median was 212.48.

PHS:BHI's Days Payable is ranked better than
86.79% of 780 companies
in the Travel & Leisure industry
Industry Median: 56.835 vs PHS:BHI: 234.65

Boulevard Holdings's Days Payable declined from Feb. 2025 (299.61) to Feb. 2026 (296.96). It may suggest that Boulevard Holdings accelerated paying its suppliers.


Boulevard Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Boulevard 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.

Boulevard Holdings Days Payable Chart

Boulevard Holdings Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.34 162.04 547.71 633.40 174.21

Boulevard Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 299.61 200.95 163.64 362.07 296.96

PHS:BHI vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, Boulevard 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.


Boulevard Holdings Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Boulevard Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Boulevard Holdings's Days Payable falls into.



Boulevard 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.

Boulevard Holdings's Days Payable for the fiscal year that ended in May. 2025 is calculated as

Days Payable (A: May. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2024 ) + Accounts Payable (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (22.763 + 25.604) / 2 ) / 50.669*365
=24.1835 / 50.669*365
=174.21

Boulevard Holdings's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (26.596 + 27.367) / 2 ) / 8.291*365 / 4
=26.9815 / 8.291*365 / 4
=296.96

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 296.96 mean?
Boulevard Holdings (PHS:BHI) has a Days Payable of 296.96 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Boulevard Holdings and its competitors. This is 40% above median its historical median of 212.48. Over the past decade, Boulevard Holdings' Days Payable has ranged from 139.64 to 633.40. According to the industry distribution chart, Boulevard Holdings ranks #103 out of 780 companies in the Travel & Leisure industry, placing it in the top 13.2%.
Is Boulevard Holdings' Days Payable too high?
Boulevard Holdings' current Days Payable of 296.96 is 40% above median its 10-year median of 212.48. Over the past 10 years, this metric has ranged from a low of 139.64 to a high of 633.40. The Travel & Leisure industry median Days Payable is 56.84. Boulevard Holdings' value of 296.96 is 422.5% above this industry median. Based on the distribution chart, Boulevard Holdings ranks #103 out of 780 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Boulevard Holdings' Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Boulevard Holdings ranks #103 out of 780 companies for Days Payable. This places Boulevard Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.84. Boulevard Holdings' value of 296.96 is 422.5% above this benchmark. Historically, Boulevard Holdings' own Days Payable has ranged from 139.64 to 633.40 over the past decade. While the company's 10-year median is 212.48 vs. the industry median of 56.84, Boulevard Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.84, based on 780 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boulevard Holdings's current Days Payable of 296.96 is 422.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Boulevard Holdings and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boulevard Holdings's current Days Payable is 296.96, which is 40% above median its own 10-year median of 212.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boulevard Holdings stock overvalued right now?
Based on GuruFocus' analysis, Boulevard Holdings (PHS:BHI) is currently considered Possible Value Trap. The stock's GF Value™ is ₱0.06, compared to a current price of ₱0.04 — trading 38.3% below its estimated fair value. The current Days Payable is 296.96, which is 40% above median its 10-year median of 212.48 and 422.5% above the Travel & Leisure industry median of 56.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Boulevard Holdings (PHS:BHI), the current Days Payable is 296.96 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Boulevard Holdings Business Description

Address 107 L.P. Leviste Street, Unit 1704, The Peak Tower, 17th Floor, Salcedo Village, Makati, PHL, 1227
Boulevard Holdings Inc is a holding company. It is engaged in the ownership of companies involved in the development of hotels and resorts and tourism-related businesses, investments in strategic land locations, and rentable real estate properties. The company's operating segment includes Investment Holding and Hospitality and Leisure. It generates maximum revenue from the Hospitality and Leisure segment.