Citicore Renewable Energy (PHS:CREC) Days Payable: 127.95 (As of Mar. 2026) — 22% Above Median


PHS:CREC Citicore Renewable Energy Corp PHS:CREC
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What is Citicore Renewable Energy Days Payable?

Citicore Renewable Energy PHS:CREC +1.32% 3 Days Payable is 127.95 as of Mar. 2026, which is 22% above its 10-year median of 104.82. GuruFocus rates PHS:CREC with a GF Score™ of 3/100. The stock has 7 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Citicore Renewable Energy ranks better than 68.21% on this metric.

Citicore Renewable Energy's average Accounts Payable for the three months ended in Mar. 2026 was ₱893 Mil. Citicore Renewable Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was ₱637 Mil. Hence, Citicore Renewable Energy's Days Payable for the three months ended in Mar. 2026 was 127.95.

The historical rank and industry rank for Citicore Renewable Energy's Days Payable or its related term are showing as below:

PHS:CREC' s Days Payable Range Over the Past 10 Years
Min: 92.54   Med: 104.82   Max: 151.56
Current: 151.56

During the past 4 years, Citicore Renewable Energy's highest Days Payable was 151.56. The lowest was 92.54. And the median was 104.82.

PHS:CREC's Days Payable is ranked better than
68.21% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.64 vs PHS:CREC: 151.56

Citicore Renewable Energy's Days Payable increased from Mar. 2025 (124.05) to Mar. 2026 (127.95). It may suggest that Citicore Renewable Energy delayed paying its suppliers.


Citicore Renewable Energy Days Payable Historical Data

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The historical data trend for Citicore Renewable Energy'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.

Citicore Renewable Energy Days Payable Chart

Citicore Renewable Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 92.54 108.92 104.82

Citicore Renewable Energy Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.05 186.38 195.65 100.76 127.95

Citicore Renewable Energy Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Citicore Renewable Energy'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.


Citicore Renewable Energy Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Citicore Renewable Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Citicore Renewable Energy's Days Payable falls into.


PHS:CREC
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Citicore Renewable Energy Corp PHS:CREC
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Citicore Renewable Energy 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.

Citicore Renewable Energy's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1405.413 + 597.781) / 2 ) / 3487.798*365
=1001.597 / 3487.798*365
=104.82

Citicore Renewable Energy's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (597.781 + 1187.846) / 2 ) / 636.711*365 / 4
=892.8135 / 636.711*365 / 4
=127.95

* 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 127.95 mean?
Citicore Renewable Energy (PHS:CREC) has a Days Payable of 127.95 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Citicore Renewable Energy and its competitors. This is 22% above median its historical median of 104.82. Over the past decade, Citicore Renewable Energy's Days Payable has ranged from 92.54 to 151.56. According to the industry distribution chart, Citicore Renewable Energy ranks #124 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.8%.
Is Citicore Renewable Energy's Days Payable too high?
Citicore Renewable Energy's current Days Payable of 127.95 is 22% above median its 10-year median of 104.82. Over the past 10 years, this metric has ranged from a low of 92.54 to a high of 151.56. The Utilities - Independent Power Producers industry median Days Payable is 79.64. Citicore Renewable Energy's value of 127.95 is 60.7% above this industry median. Based on the distribution chart, Citicore Renewable Energy ranks #124 out of 390 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Citicore Renewable Energy has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Citicore Renewable Energy's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Citicore Renewable Energy ranks #124 out of 390 companies for Days Payable. This puts Citicore Renewable Energy in the upper half of its industry. The industry median Days Payable is 79.64. Citicore Renewable Energy's value of 127.95 is 60.7% above this benchmark. Historically, Citicore Renewable Energy's own Days Payable has ranged from 92.54 to 151.56 over the past decade. While the company's 10-year median is 104.82 vs. the industry median of 79.64, Citicore Renewable Energy 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.64, based on 390 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. Citicore Renewable Energy's current Days Payable of 127.95 is 60.7% 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 Citicore Renewable Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citicore Renewable Energy's current Days Payable is 127.95, which is 22% above median its own 10-year median of 104.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citicore Renewable Energy stock overvalued right now?
Citicore Renewable Energy (PHS:CREC) has a current Days Payable of 127.95. The current Days Payable is 127.95, which is 22% above median its 10-year median of 104.82 and 60.7% above the Utilities - Independent Power Producers industry median of 79.64. Citicore Renewable Energy's overall GF Score™ is 3/100 with 7 warning signs to review. 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 Citicore Renewable Energy (PHS:CREC), the current Days Payable is 127.95 as of Mar. 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.

Citicore Renewable Energy Business Description

Address Santolan Road, Little Baguio, 11th Floor, Rockwell Santolan Town Plaza, 276 Col. Bonny Serrano Avenue, Metro Manila, San Juan, LUN, PHL, 1500
Citicore Renewable Energy Corp is a company that manages a diversified portfolio of renewable energy generation projects, power project development operations, and retail electricity supply. Its renewable energy portfolio consists entirely of operating solar power plants. It also has over five Gigawatts of project pipelines in varying stages of development. The company also integrates solar power generation with agricultural crop production to provide positive energy, sustainable livelihood to small farmers, and assists with the country's food production needs.
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