Monde Nissin (PHS:MONDE) Days Payable : 36.29 (As of Mar. 2024)

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What is Monde Nissin Days Payable?

Monde Nissin's average Accounts Payable for the three months ended in Mar. 2024 was ₱5,216 Mil. Monde Nissin's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱13,115 Mil. Hence, Monde Nissin's Days Payable for the three months ended in Mar. 2024 was 36.29.

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

PHS:MONDE' s Days Payable Range Over the Past 10 Years
Min: 36.62 Med: 40.24 Max: 42.72
Current: 36.62

During the past 6 years, Monde Nissin's highest Days Payable was 42.72. The lowest was 36.62. And the median was 40.24.

PHS:MONDE's Days Payable is ranked worse than
63.01% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs PHS:MONDE: 36.62

Monde Nissin's Days Payable declined from Mar. 2023 (40.82) to Mar. 2024 (36.29). It may suggest that Monde Nissin accelerated paying its suppliers.

Monde Nissin Days Payable Historical Data

The historical data trend for Monde Nissin'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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Monde Nissin Days Payable Chart

Monde Nissin Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.35

39.57

40.39

40.13

36.78

Monde Nissin Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial													40.82	40.10	35.18	32.59	36.29

Competitive Comparison of Monde Nissin's Days Payable

For the Packaged Foods subindustry, Monde Nissin'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.

Monde Nissin's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Monde Nissin's Days Payable distribution charts can be found below:

* The bar in red indicates where Monde Nissin's Days Payable falls into.

Monde Nissin 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.

Monde Nissin'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
=	( (6212.299	+	4961.116)	/	2 )	/	55441.703	*	365
=	5586.7075					/	55441.703	*	365
=	36.78

Monde Nissin'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
=	( (4961.116	+	5471.155)	/	2 )	/	13115.13	*	365 / 4
=	5216.1355					/	13115.13	*	365 / 4
=	36.29

Monde Nissin Days Payable Related Terms

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Monde Nissin (PHS:MONDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Monde Nissin Corp (PHS:MONDE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MNDDF:USA

Address

Felix Reyes Street, Barangay Balibago, Sta Rosa, LAG, PHL, 4026

Website

https://mondenissin.com

Monde Nissin Corp is engaged in the food manufacturing industry in the Philippines. Its portfolio comprises Asia-Pacific Branded Food and Beverage (APAC BFB) Business and Meat Alternative Business. The APAC BFB Business consists of three product groups: instant noodles, biscuits, and other products (such as beverages, baked goods, and culinary aids). Its Meat Alternative Business sells its products globally under Quorn Foods and the Quorn brand. Geographically the company operates in the Philippines, Thailand, New Zealand, Singapore, and the United Kingdom.

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