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Panasonic Manufacturing Philippines (PHS:PMPC) Days Payable : 48.82 (As of Dec. 2023)


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What is Panasonic Manufacturing Philippines Days Payable?

Panasonic Manufacturing Philippines's average Accounts Payable for the three months ended in Dec. 2023 was ₱1,423 Mil. Panasonic Manufacturing Philippines's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱2,659 Mil. Hence, Panasonic Manufacturing Philippines's Days Payable for the three months ended in Dec. 2023 was 48.82.

The historical rank and industry rank for Panasonic Manufacturing Philippines's Days Payable or its related term are showing as below:

PHS:PMPC' s Days Payable Range Over the Past 10 Years
Min: 44.79   Med: 61.48   Max: 94.43
Current: 44.79

During the past 13 years, Panasonic Manufacturing Philippines's highest Days Payable was 94.43. The lowest was 44.79. And the median was 61.48.

PHS:PMPC's Days Payable is ranked worse than
73.3% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs PHS:PMPC: 44.79

Panasonic Manufacturing Philippines's Days Payable declined from Dec. 2022 (49.63) to Dec. 2023 (48.82). It may suggest that Panasonic Manufacturing Philippines accelerated paying its suppliers.


Panasonic Manufacturing Philippines Days Payable Historical Data

The historical data trend for Panasonic Manufacturing Philippines'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.

* Premium members only.

Panasonic Manufacturing Philippines Days Payable Chart

Panasonic Manufacturing Philippines Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.13 48.57 60.30 63.38 45.69

Panasonic Manufacturing Philippines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 49.63 40.46 43.20 46.50 48.82

Competitive Comparison of Panasonic Manufacturing Philippines's Days Payable

For the Consumer Electronics subindustry, Panasonic Manufacturing Philippines'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.


Panasonic Manufacturing Philippines's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Manufacturing Philippines's Days Payable distribution charts can be found below:

* The bar in red indicates where Panasonic Manufacturing Philippines's Days Payable falls into.



Panasonic Manufacturing Philippines 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.

Panasonic Manufacturing Philippines's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1854.771 + 1314.75) / 2 ) / 12659.892*365
=1584.7605 / 12659.892*365
=45.69

Panasonic Manufacturing Philippines's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1378.057 + 1467.304) / 2 ) / 2659.218*365 / 4
=1422.6805 / 2659.218*365 / 4
=48.82

* 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.


Panasonic Manufacturing Philippines Days Payable Related Terms

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Panasonic Manufacturing Philippines (PHS:PMPC) Business Description

Traded in Other Exchanges
N/A
Address
Ortigas Avenue Extension, Barrio Mapandan, Barangay San Isidro, Rizal, Taytay, RIZ, PHL, 1920
Panasonic Manufacturing Philippines Corp company is a manufacturer, importer, and distributor of electronic, electrical, mechanical, and electro-mechanical appliances, and other types of machinery, parts, components, and batteries. The business of the company operates in segments that include Consumer, which sells products for the media and entertainment industry; System Solutions Group, which sells security systems and projectors; Life Solutions includes lamps, ventilation fans, Panasonic Nanoe Generator (PNG), and other lighting accessories and others, which sells supermarket refrigeration products. The Consumer segment generates maximum revenue for the company. It sells all its products under the brand name Panasonic. Its geographical segments are the Philippines, Hongkong, and Taiwan.

Panasonic Manufacturing Philippines (PHS:PMPC) Headlines

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