Macay Holdings (PHS:MACAY) Days Payable : 79.36 (As of Mar. 2024)

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What is Macay Holdings Days Payable?

Macay Holdings's average Accounts Payable for the three months ended in Mar. 2024 was ₱491 Mil. Macay Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱565 Mil. Hence, Macay Holdings's Days Payable for the three months ended in Mar. 2024 was 79.36.

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

PHS:MACAY' s Days Payable Range Over the Past 10 Years
Min: 41.49 Med: 111.09 Max: 665.71
Current: 665.71

During the past 13 years, Macay Holdings's highest Days Payable was 665.71. The lowest was 41.49. And the median was 111.09.

PHS:MACAY's Days Payable is ranked better than
97.25% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 61.88 vs PHS:MACAY: 665.71

Macay Holdings's Days Payable declined from Mar. 2023 (326.67) to Mar. 2024 (79.36). It may suggest that Macay Holdings accelerated paying its suppliers.

Macay Holdings Days Payable Historical Data

The historical data trend for Macay 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.

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Macay Holdings Days Payable Chart

Macay Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.49

42.60

419.00

372.23

135.27

Macay Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															326.67	106.10	124.19	-	79.36

Competitive Comparison of Macay Holdings's Days Payable

For the Beverages - Non-Alcoholic subindustry, Macay 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.

Macay Holdings's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

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

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

Macay 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.

Macay Holdings'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
=	( (1804.539	+	260.815)	/	2 )	/	2786.404	*	365
=	1032.677					/	2786.404	*	365
=	135.27

Macay Holdings'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
=	( (260.815	+	721.744)	/	2 )	/	564.865	*	365 / 4
=	491.2795					/	564.865	*	365 / 4
=	79.36

Macay Holdings Days Payable Related Terms

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Macay Holdings (PHS:MACAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Macay Holdings Inc (PHS:MACAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

137 Yakal Street, San Antonio Village, Makati, PHL, 1203

Website

http://www.macayholdings.com.ph

Macay Holdings Inc is engaged in the bottling, distribution, marketing, and sales of RC Cola and other carbonated drinks. It generates maximum revenue from the sale of its soft drink products and from its toll manufacturing activities.

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