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Swift Foods (PHS:SFI) Days Payable : 112.04 (As of Mar. 2024)


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What is Swift Foods Days Payable?

Swift Foods's average Accounts Payable for the three months ended in Mar. 2024 was ₱10.37 Mil. Swift Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱8.44 Mil. Hence, Swift Foods's Days Payable for the three months ended in Mar. 2024 was 112.04.

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

PHS:SFI' s Days Payable Range Over the Past 10 Years
Min: 84.06   Med: 180.21   Max: 637.07
Current: 188.11

During the past 13 years, Swift Foods's highest Days Payable was 637.07. The lowest was 84.06. And the median was 180.21.

PHS:SFI's Days Payable is ranked better than
92.56% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs PHS:SFI: 188.11

Swift Foods's Days Payable declined from Mar. 2023 (314.99) to Mar. 2024 (112.04). It may suggest that Swift Foods accelerated paying its suppliers.


Swift Foods Days Payable Historical Data

The historical data trend for Swift Foods'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.

Swift Foods Days Payable Chart

Swift Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.78 176.44 219.47 136.67 84.06

Swift Foods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 314.99 379.27 - 53.82 112.04

Competitive Comparison of Swift Foods's Days Payable

For the Farm Products subindustry, Swift Foods'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.


Swift Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Swift Foods's Days Payable falls into.



Swift Foods 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.

Swift Foods'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
=( (13.982 + 10.365) / 2 ) / 52.856*365
=12.1735 / 52.856*365
=84.06

Swift Foods'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
=( (10.365 + 0) / 1 ) / 8.442*365 / 4
=10.365 / 8.442*365 / 4
=112.04

* 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.


Swift Foods Days Payable Related Terms

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Swift Foods (PHS:SFI) Business Description

Traded in Other Exchanges
Address
Sheridan Corner, Pioneer Streets, 4th Floor RFM Corporate Center, Mandaluyong, PHL, 1550
Swift Foods Inc is engaged in manufacturing, marketing, and distributing poultry products and commercial feeds. The company is primarily organized into two business divisions, namely, agribusiness (poultry and feeds) and meat (meat processing and sales & distribution) divisions. The company operates and derives principally all of its revenue from domestic operations.

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