Manila Water Co (PHS:MWC) Days Payable: 517.25 (As of Mar. 2026) — 64% Above Median


PHS:MWC Manila Water Co Inc PHS:MWC
95 GF Score
Price ₱34.05
GF Value ₱35.89
Valuation Fairly Valued
! 4 Warning Signs
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What is Manila Water Co Days Payable?

Manila Water Co PHS:MWC -2.85% 95 Days Payable is 517.25 as of Mar. 2026, which is 64% above its 10-year median of 314.85. GuruFocus rates PHS:MWC with a GF Score™ of 95/100 and a GF Value™ of ₱35.89 (Fairly Valued). The stock has 4 warning signs investors should review. Among 481 Utilities - Regulated companies, Manila Water Co ranks better than 96.05% on this metric.

Manila Water Co's average Accounts Payable for the three months ended in Mar. 2026 was ₱17,861 Mil. Manila Water Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ₱3,151 Mil. Hence, Manila Water Co's Days Payable for the three months ended in Mar. 2026 was 517.25.

The historical rank and industry rank for Manila Water Co's Days Payable or its related term are showing as below:

PHS:MWC' s Days Payable Range Over the Past 10 Years
Min: 130.6   Med: 314.85   Max: 584.26
Current: 584.26

During the past 13 years, Manila Water Co's highest Days Payable was 584.26. The lowest was 130.60. And the median was 314.85.

PHS:MWC's Days Payable is ranked better than
96.05% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs PHS:MWC: 584.26

Manila Water Co's Days Payable increased from Mar. 2025 (499.04) to Mar. 2026 (517.25). It may suggest that Manila Water Co delayed paying its suppliers.


Manila Water Co Days Payable Historical Data

* Premium members only.

The historical data trend for Manila Water 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.

Manila Water Co Days Payable Chart

Manila Water Co 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 322.23 371.04 360.09 335.34 392.45

Manila Water Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 499.04 650.91 589.38 492.59 517.25

PHS:MWC vs AWK, WTRG, AWR: Days Payable Comparison

For the Utilities - Regulated Water subindustry, Manila Water 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 Water Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Manila Water Co's Days Payable falls into.


PHS:MWC
95GF Score
Manila Water Co Inc PHS:MWC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Manila Water Co 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.

Manila Water Co'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
=( (11302.884 + 12848.892) / 2 ) / 11231.379*365
=12075.888 / 11231.379*365
=392.45

Manila Water Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (12848.892 + 22874.04) / 2 ) / 3151.001*365 / 4
=17861.466 / 3151.001*365 / 4
=517.25

* 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 517.25 mean?
Manila Water Co (PHS:MWC) has a Days Payable of 517.25 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 Water Co and its competitors. This is 64% above median its historical median of 314.85. Over the past decade, Manila Water Co's Days Payable has ranged from 130.60 to 584.26. According to the industry distribution chart, Manila Water Co ranks #19 out of 481 companies in the Utilities - Regulated industry, placing it in the top 4%.
Is Manila Water Co's Days Payable too high?
Manila Water Co's current Days Payable of 517.25 is 64% above median its 10-year median of 314.85. Over the past 10 years, this metric has ranged from a low of 130.60 to a high of 584.26. The Utilities - Regulated industry median Days Payable is 70.61. Manila Water Co's value of 517.25 is 632.5% above this industry median. Based on the distribution chart, Manila Water Co ranks #19 out of 481 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Manila Water Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Water Co's Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Manila Water Co ranks #19 out of 481 companies for Days Payable. This places Manila Water Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.61. Manila Water Co's value of 517.25 is 632.5% above this benchmark. Historically, Manila Water Co's own Days Payable has ranged from 130.60 to 584.26 over the past decade. While the company's 10-year median is 314.85 vs. the industry median of 70.61, Manila Water 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 Water Co's current Days Payable of 517.25 is 632.5% 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 Water 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 Water Co's current Days Payable is 517.25, which is 64% above median its own 10-year median of 314.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Water Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Water Co (PHS:MWC) is currently considered Fairly Valued. The stock's GF Value™ is ₱35.89, compared to a current price of ₱34.05 — trading 5.1% below its estimated fair value. The current Days Payable is 517.25, which is 64% above median its 10-year median of 314.85 and 632.5% above the Utilities - Regulated industry median of 70.61. Manila Water Co's overall GF Score™ is 95/100 with 4 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 Water Co (PHS:MWC), the current Days Payable is 517.25 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 Water Co (PHS:MWC) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Water Co stock appears to be undervalued. The current stock price of ₱34.05 is trading 5.1% below its estimated GF Value™ of ₱35.89. GuruFocus considers Manila Water Co to be Fairly Valued.

Key valuation signals for PHS:MWC:

  • Days Payable: 517.25 (64% above median its 10-year median of 314.85)
  • GF Value™: ₱35.89 vs. price of ₱34.05 (5.1% below fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 632.5% above the Utilities - Regulated median (#19 of 481)

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


Manila Water Co Business Description

Other Exchanges MWTCY:USA
Address 489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105
Manila Water Co Inc holds the exclusive right to provide water and used water services in the East Zone of Metro Manila under a concession agreement with the Metropolitan Waterworks and Sewerage System. The company delivers water treatment, distribution, sewerage, and sanitation services to a large population across residential, commercial, and industrial customers. Its service area covers several cities and municipalities in Metro Manila and nearby parts of Rizal, including urban centers such as Makati, Pasig, Quezon City, Taguig, and Marikina, along with surrounding towns.
95GF Score

Get the complete analysis for PHS:MWC

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

₱34.05
Price
₱35.89
GF Value