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Filinvest REIT (PHS:FILRT) Days Payable : 23.95 (As of Mar. 2024)


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What is Filinvest REIT Days Payable?

Filinvest REIT's average Accounts Payable for the three months ended in Mar. 2024 was ₱35 Mil. Filinvest REIT's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱133 Mil. Hence, Filinvest REIT's Days Payable for the three months ended in Mar. 2024 was 23.95.

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

PHS:FILRT' s Days Payable Range Over the Past 10 Years
Min: 27.48   Med: 593.73   Max: 17986.8
Current: 457.03

During the past 6 years, Filinvest REIT's highest Days Payable was 17986.80. The lowest was 27.48. And the median was 593.73.

PHS:FILRT's Days Payable is ranked better than
86.74% of 528 companies
in the REITs industry
Industry Median: 128.145 vs PHS:FILRT: 457.03

Filinvest REIT's Days Payable declined from Mar. 2023 (544.74) to Mar. 2024 (23.95). It may suggest that Filinvest REIT accelerated paying its suppliers.


Filinvest REIT Days Payable Historical Data

The historical data trend for Filinvest REIT'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.

* Premium members only.

Filinvest REIT Days Payable Chart

Filinvest REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 755.62 431.47 726.89 460.57 27.48

Filinvest REIT Quarterly Data
Dec18 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 544.74 494.39 600.67 630.83 23.95

Competitive Comparison of Filinvest REIT's Days Payable

For the REIT - Office subindustry, Filinvest REIT'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.


Filinvest REIT's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Filinvest REIT's Days Payable distribution charts can be found below:

* The bar in red indicates where Filinvest REIT's Days Payable falls into.



Filinvest REIT 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.

Filinvest REIT'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
=( (38.508 + 38.281) / 2 ) / 509.919*365
=38.3945 / 509.919*365
=27.48

Filinvest REIT'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
=( (38.281 + 31.293) / 2 ) / 132.541*365 / 4
=34.787 / 132.541*365 / 4
=23.95

* 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.


Filinvest REIT Days Payable Related Terms

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Filinvest REIT (PHS:FILRT) Business Description

Traded in Other Exchanges
N/A
Address
5th-7th Floor, Vector One Building, Northgate Cyberzon, Filinvest City, Alabang, Muntinlupa, PHL, 1781
Filinvest REIT Corp maintains a competitive and attractive portfolio of office buildings which cater mainly to multinational Business process outsourcing firms.

Filinvest REIT (PHS:FILRT) Headlines

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