Ginebran Miguel (PHS:GSMI) Days Payable: 64.21 (As of Jun. 2026) — 36% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PHS:GSMI Ginebra San Miguel Inc PHS:GSMI
91 GF Score
Price ₱236.40
GF Value ₱290.46
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Ginebran Miguel Days Payable?

Ginebran Miguel PHS:GSMI -3.51% 91 Days Payable is 64.21 as of Jun. 2026, which is 36% above its 10-year median of 47.16. GuruFocus rates PHS:GSMI with a GF Score™ of 91/100 and a GF Value™ of ₱290.46 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 201 Beverages - Alcoholic companies, Ginebran Miguel ranks worse than 70.65% on this metric.

Ginebran Miguel's average Accounts Payable for the three months ended in Jun. 2026 was ₱7,872 Mil. Ginebran Miguel's Cost of Goods Sold for the three months ended in Jun. 2026 was ₱11,186 Mil. Hence, Ginebran Miguel's Days Payable for the three months ended in Jun. 2026 was 64.21.

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

PHS:GSMI' s Days Payable Range Over the Past 10 Years
Min: 31.25   Med: 47.16   Max: 61.88
Current: 50.44

During the past 13 years, Ginebran Miguel's highest Days Payable was 61.88. The lowest was 31.25. And the median was 47.16.

PHS:GSMI's Days Payable is ranked worse than
70.65% of 201 companies
in the Beverages - Alcoholic industry
Industry Median: 82.38 vs PHS:GSMI: 50.44

Ginebran Miguel's Days Payable increased from Jun. 2025 (59.89) to Jun. 2026 (64.21). It may suggest that Ginebran Miguel delayed paying its suppliers.


Ginebran Miguel Days Payable Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel'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.

Ginebran Miguel Days Payable Chart

Ginebran Miguel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.67 52.91 48.98 37.37 31.25

Ginebran Miguel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 59.89 53.01 38.11 49.55 64.21

PHS:GSMI vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, Ginebran Miguel'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.


Ginebran Miguel Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ginebran Miguel's Days Payable distribution charts can be found below:

* The bar in red indicates where Ginebran Miguel's Days Payable falls into.


PHS:GSMI
91GF Score
Ginebra San Miguel Inc PHS:GSMI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ginebran Miguel 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.

Ginebran Miguel'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
=( (4097.923 + 4437.02) / 2 ) / 49847.279*365
=4267.4715 / 49847.279*365
=31.25

Ginebran Miguel's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (8828.93 + 6914.309) / 2 ) / 11186.039*365 / 4
=7871.6195 / 11186.039*365 / 4
=64.21

* 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 64.21 mean?
Ginebran Miguel (PHS:GSMI) has a Days Payable of 64.21 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ginebran Miguel and its competitors. This is 36% above median its historical median of 47.16. Over the past decade, Ginebran Miguel's Days Payable has ranged from 31.25 to 61.88. According to the industry distribution chart, Ginebran Miguel ranks #142 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 70.6%.
Is Ginebran Miguel's Days Payable too high?
Ginebran Miguel's current Days Payable of 64.21 is 36% above median its 10-year median of 47.16. Over the past 10 years, this metric has ranged from a low of 31.25 to a high of 61.88. The Beverages - Alcoholic industry median Days Payable is 82.38. Ginebran Miguel's value of 64.21 is 22.1% below this industry median. Based on the distribution chart, Ginebran Miguel ranks #142 out of 201 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Ginebran Miguel has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's Days Payable compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Ginebran Miguel ranks #142 out of 201 companies for Days Payable. This places Ginebran Miguel in the lower half of its industry. The industry median Days Payable is 82.38. Ginebran Miguel's value of 64.21 is 22.1% below this benchmark. Historically, Ginebran Miguel's own Days Payable has ranged from 31.25 to 61.88 over the past decade. While the company's 10-year median is 47.16 vs. the industry median of 82.38, Ginebran Miguel has consistently been below 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.38, based on 201 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. Ginebran Miguel's current Days Payable of 64.21 is 22.1% below 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 Ginebran Miguel and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ginebran Miguel's current Days Payable is 64.21, which is 36% above median its own 10-year median of 47.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginebran Miguel stock overvalued right now?
Based on GuruFocus' analysis, Ginebran Miguel (PHS:GSMI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱290.46, compared to a current price of ₱236.40 — trading 18.6% below its estimated fair value. The current Days Payable is 64.21, which is 36% above median its 10-year median of 47.16 and 22.1% below the Beverages - Alcoholic industry median of 82.38. Ginebran Miguel's overall GF Score™ is 91/100 with 1 warning sign 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 Ginebran Miguel (PHS:GSMI), the current Days Payable is 64.21 as of Jun. 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.

Is Ginebran Miguel (PHS:GSMI) Overvalued in 2026?

Based on GuruFocus' analysis, Ginebran Miguel stock appears to be undervalued. The current stock price of ₱236.40 is trading 18.6% below its estimated GF Value™ of ₱290.46. GuruFocus considers Ginebran Miguel to be Modestly Undervalued.

Key valuation signals for PHS:GSMI:

  • Days Payable: 64.21 (36% above median its 10-year median of 47.16)
  • GF Value™: ₱290.46 vs. price of ₱236.40 (18.6% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 22.1% below the Beverages - Alcoholic median (#142 of 201)

No single metric tells the full story. See the PHS:GSMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ginebran Miguel Business Description

Address St. Francis Street, Ortigas Center, 3rd and 6th Floor, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names: Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.
91GF Score

Get the complete analysis for PHS:GSMI

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱236.40
Price
₱290.46
GF Value