Manila Electric CoPHS:MER -1.21%93 Days Payable is 78.54 as of Mar. 2026, which is 24% above its 10-year median of 63.45. GuruFocus rates PHS:MER with a GF Score™ of 93/100 and a GF Value™ of ₱528.22 (Fairly Valued). The stock has 9 warning signs investors should review. Among 481 Utilities - Regulated companies, Manila Electric Co ranks worse than 52.18% on this metric.
The historical rank and industry rank for Manila Electric Co's Days Payable or its related term are showing as below:
PHS:MER'
s Days Payable Range Over the Past 10 Years
Min: 52.41 Med: 63.45 Max: 76.64
Current: 67.89
During the past 13 years, Manila Electric Co's highest Days Payable was 76.64. The lowest was 52.41. And the median was 63.45.
PHS:MER's Days Payable is ranked worse than 52.18% of 481
companies
in the Utilities - Regulated industry
Industry Median: 70.61
vs PHS:MER: 67.89
Manila Electric Co's Days Payable
increased
from Mar. 2025 (67.80) to Mar. 2026 (78.54).
It may suggest that Manila Electric Codelayed paying its suppliers.
Manila Electric Co Days Payable Related Terms
Manila Electric Co Days Payable Historical Data
* Premium members only.
The historical data trend for Manila Electric Co'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.
For the Utilities - Regulated Electric subindustry, Manila Electric Co'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.
Manila Electric Co Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Manila Electric Co's Days Payable falls into.
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.
Manila Electric Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Manila Electric Co (PHS:MER) has a Days Payable of 78.54 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 Manila Electric Co and its competitors. This is 24% above median its historical median of 63.45. Over the past decade, Manila Electric Co's Days Payable has ranged from 52.41 to 76.64. According to the industry distribution chart, Manila Electric Co ranks #251 out of 481 companies in the Utilities - Regulated industry, placing it in the top 52.2%.
Is Manila Electric Co's Days Payable too high?
Manila Electric Co's current Days Payable of 78.54 is 24% above median its 10-year median of 63.45. Over the past 10 years, this metric has ranged from a low of 52.41 to a high of 76.64. The Utilities - Regulated industry median Days Payable is 70.61. Manila Electric Co's value of 78.54 is 11.2% above this industry median. Based on the distribution chart, Manila Electric Co ranks #251 out of 481 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Manila Electric Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Manila Electric Co ranks #251 out of 481 companies for Days Payable. This places Manila Electric Co in the lower half of its industry. The industry median Days Payable is 70.61. Manila Electric Co's value of 78.54 is 11.2% above this benchmark. Historically, Manila Electric Co's own Days Payable has ranged from 52.41 to 76.64 over the past decade. While the company's 10-year median is 63.45 vs. the industry median of 70.61, Manila Electric Co 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 - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.61, based on 481 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. Manila Electric Co's current Days Payable of 78.54 is 11.2% 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 Manila Electric Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Electric Co's current Days Payable is 78.54, which is 24% above median its own 10-year median of 63.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Electric Co (PHS:MER) is currently considered Fairly Valued. The stock's GF Value™ is ₱528.22, compared to a current price of ₱573.00 — trading 8.5% above its estimated fair value. The current Days Payable is 78.54, which is 24% above median its 10-year median of 63.45 and 11.2% above the Utilities - Regulated industry median of 70.61. Manila Electric Co's overall GF Score™ is 93/100 with 9 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 Manila Electric Co (PHS:MER), the current Days Payable is 78.54 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.
Is Manila Electric Co (PHS:MER) Overvalued in 2026?
Based on GuruFocus' analysis, Manila Electric Co stock appears to be overvalued.
The current stock price of ₱573.00 is trading 8.5% above its estimated GF Value™ of ₱528.22.
GuruFocus considers Manila Electric Co to be Fairly Valued.
Key valuation signals for PHS:MER:
Days Payable: 78.54 (24% above median its 10-year median of 63.45)
GF Value™: ₱528.22 vs. price of ₱573.00 (8.5% above fair value)
Industry Position: 11.2% above the Utilities - Regulated median (#251 of 481)
No single metric tells the full story. See the PHS:MER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manila Electric Co is an electric utility company operating in the Philippines. Along with its subsidiaries, it is mainly engaged in the distribution and sale of electric energy through the distribution network facilities in its franchise area. The company's market is categorized into four classes, namely, residential, commercial, industrial, and streetlights. Additionally, it is involved in certain unregulated activities, which consist of power generation; retail electricity supply (RES); energy infrastructure, payment fulfilment, bills collection, after-the-meter and energy management, telecommunications services, insurance and re-insurance, and other businesses. The group's reportable segments are: Power and Other Services. The majority of its revenue is derived from the Power segment.
93GF Score
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