The Philippine Stock Exchange (PHS:PSE) Days Payable: 120.67 (As of Mar. 2026) — 14% Below Median


PHS:PSE The Philippine Stock Exchange Inc PHS:PSE
91 GF Score
Price ₱202.80
GF Value ₱377.51
Valuation Significantly Undervalued
! 4 Warning Signs
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What is The Philippine Stock Exchange Days Payable?

The Philippine Stock Exchange PHS:PSE +1.40% 91 Days Payable is 120.67 as of Mar. 2026, which is 14% below its 10-year median of 141.13. GuruFocus rates PHS:PSE with a GF Score™ of 91/100 and a GF Value™ of ₱377.51 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 539 Capital Markets companies, The Philippine Stock Exchange ranks better than 53.06% on this metric.

The Philippine Stock Exchange's average Accounts Payable for the three months ended in Mar. 2026 was ₱297 Mil. The Philippine Stock Exchange's Cost of Goods Sold for the three months ended in Mar. 2026 was ₱225 Mil. Hence, The Philippine Stock Exchange's Days Payable for the three months ended in Mar. 2026 was 120.67.

The historical rank and industry rank for The Philippine Stock Exchange's Days Payable or its related term are showing as below:

PHS:PSE' s Days Payable Range Over the Past 10 Years
Min: 85.43   Med: 141.13   Max: 196.29
Current: 110.62

During the past 13 years, The Philippine Stock Exchange's highest Days Payable was 196.29. The lowest was 85.43. And the median was 141.13.

PHS:PSE's Days Payable is ranked better than
53.06% of 539 companies
in the Capital Markets industry
Industry Median: 91.02 vs PHS:PSE: 110.62

The Philippine Stock Exchange's Days Payable declined from Mar. 2025 (129.48) to Mar. 2026 (120.67). It may suggest that The Philippine Stock Exchange accelerated paying its suppliers.


The Philippine Stock Exchange Days Payable Historical Data

* Premium members only.

The historical data trend for The Philippine Stock Exchange'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.

The Philippine Stock Exchange Days Payable Chart

The Philippine Stock Exchange 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 181.75 141.26 116.56 149.26 85.43

The Philippine Stock Exchange 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 129.48 137.29 60.84 62.50 120.67

PHS:PSE vs SPGI, CME, ICE: Days Payable Comparison

For the Financial Data & Stock Exchanges subindustry, The Philippine Stock Exchange'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.


The Philippine Stock Exchange Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Philippine Stock Exchange's Days Payable distribution charts can be found below:

* The bar in red indicates where The Philippine Stock Exchange's Days Payable falls into.


PHS:PSE
91GF Score
The Philippine Stock Exchange Inc PHS:PSE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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The Philippine Stock Exchange 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.

The Philippine Stock Exchange'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
=( (213.69 + 194.462) / 2 ) / 871.904*365
=204.076 / 871.904*365
=85.43

The Philippine Stock Exchange'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
=( (194.462 + 400.456) / 2 ) / 224.929*365 / 4
=297.459 / 224.929*365 / 4
=120.67

* 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 120.67 mean?
The Philippine Stock Exchange (PHS:PSE) has a Days Payable of 120.67 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 The Philippine Stock Exchange and its competitors. This is 14% below median its historical median of 141.13. Over the past decade, The Philippine Stock Exchange's Days Payable has ranged from 85.43 to 196.29. According to the industry distribution chart, The Philippine Stock Exchange ranks #253 out of 539 companies in the Capital Markets industry, placing it in the top 46.9%.
Is The Philippine Stock Exchange's Days Payable too high?
The Philippine Stock Exchange's current Days Payable of 120.67 is 14% below median its 10-year median of 141.13. Over the past 10 years, this metric has ranged from a low of 85.43 to a high of 196.29. The Capital Markets industry median Days Payable is 91.02. The Philippine Stock Exchange's value of 120.67 is 32.6% above this industry median. Based on the distribution chart, The Philippine Stock Exchange ranks #253 out of 539 companies in the Capital Markets industry, which is above the industry midpoint. Overall, The Philippine Stock Exchange has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Philippine Stock Exchange's Days Payable compare to SPGI and CME?
According to the Capital Markets industry distribution chart, The Philippine Stock Exchange ranks #253 out of 539 companies for Days Payable. This puts The Philippine Stock Exchange in the upper half of its industry. The industry median Days Payable is 91.02. The Philippine Stock Exchange's value of 120.67 is 32.6% above this benchmark. Historically, The Philippine Stock Exchange's own Days Payable has ranged from 85.43 to 196.29 over the past decade. While the company's 10-year median is 141.13 vs. the industry median of 91.02, The Philippine Stock Exchange 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 a Capital Markets company?
The median Days Payable among Capital Markets companies is 91.02, based on 539 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. The Philippine Stock Exchange's current Days Payable of 120.67 is 32.6% 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 The Philippine Stock Exchange and its competitors. For the Capital Markets industry, the median Days Payable is 91.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Philippine Stock Exchange's current Days Payable is 120.67, which is 14% below median its own 10-year median of 141.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Philippine Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, The Philippine Stock Exchange (PHS:PSE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱377.51, compared to a current price of ₱202.80 — trading 46.3% below its estimated fair value. The current Days Payable is 120.67, which is 14% below median its 10-year median of 141.13 and 32.6% above the Capital Markets industry median of 91.02. The Philippine Stock Exchange's overall GF Score™ is 91/100 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 The Philippine Stock Exchange (PHS:PSE), the current Days Payable is 120.67 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 The Philippine Stock Exchange (PHS:PSE) Overvalued in 2026?

Based on GuruFocus' analysis, The Philippine Stock Exchange stock appears to be undervalued. The current stock price of ₱202.80 is trading 46.3% below its estimated GF Value™ of ₱377.51. GuruFocus considers The Philippine Stock Exchange to be Significantly Undervalued.

Key valuation signals for PHS:PSE:

  • Days Payable: 120.67 (14% below median its 10-year median of 141.13)
  • GF Value™: ₱377.51 vs. price of ₱202.80 (46.3% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 32.6% above the Capital Markets median (#253 of 539)

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


The Philippine Stock Exchange Business Description

Address 28th Street, 5th Avenue corner, 6th to 10th floors, PSE Tower, Bonifacio Global City, Taguig, PHL, 1634
The Philippine Stock Exchange Inc is a Philippines-based stock corporation. The company's business is to provide and maintain a convenient and suitable market for the exchange, purchase, and sale of all types of securities and other instruments. The company's business segments include: Equity, Clearing and Settlement Business; and Depository and Fixed Income Business. It derives maximum revenue from Equity, Clearing and Settlement Business. The sources of revenue also consist of listing-related fees for initial public offerings, annual listing maintenance membership, transactions, data feeds, and miscellaneous fees.
91GF Score

Get the complete analysis for PHS:PSE

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

₱202.80
Price
₱377.51
GF Value