Shell Pilipinas (PHS:SHLPH) Days Payable: 43.94 (As of Mar. 2026) — 29% Above Median


PHS:SHLPH Shell Pilipinas Corp PHS:SHLPH
80 GF Score
Price ₱8.30
GF Value ₱9.17
Valuation Fairly Valued
! 3 Warning Signs
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What is Shell Pilipinas Days Payable?

Shell Pilipinas PHS:SHLPH +0.24% 80 Days Payable is 43.94 as of Mar. 2026, which is 29% above its 10-year median of 34.10. GuruFocus rates PHS:SHLPH with a GF Score™ of 80/100 and a GF Value™ of ₱9.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 854 Oil & Gas companies, Shell Pilipinas ranks worse than 70.02% on this metric.

Shell Pilipinas's average Accounts Payable for the three months ended in Mar. 2026 was ₱27,384 Mil. Shell Pilipinas's Cost of Goods Sold for the three months ended in Mar. 2026 was ₱56,863 Mil. Hence, Shell Pilipinas's Days Payable for the three months ended in Mar. 2026 was 43.94.

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

PHS:SHLPH' s Days Payable Range Over the Past 10 Years
Min: 25.61   Med: 34.1   Max: 43.03
Current: 34.99

During the past 12 years, Shell Pilipinas's highest Days Payable was 43.03. The lowest was 25.61. And the median was 34.10.

PHS:SHLPH's Days Payable is ranked worse than
70.02% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs PHS:SHLPH: 34.99

Shell Pilipinas's Days Payable increased from Mar. 2025 (26.74) to Mar. 2026 (43.94). It may suggest that Shell Pilipinas delayed paying its suppliers.


Shell Pilipinas Days Payable Historical Data

* Premium members only.

The historical data trend for Shell Pilipinas'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.

Shell Pilipinas Days Payable Chart

Shell Pilipinas 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 37.52 28.93 31.11 25.61 29.16

Shell Pilipinas 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 26.74 28.70 28.45 28.22 43.94

PHS:SHLPH vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Shell Pilipinas'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.


Shell Pilipinas Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shell Pilipinas's Days Payable distribution charts can be found below:

* The bar in red indicates where Shell Pilipinas's Days Payable falls into.


PHS:SHLPH
80GF Score
Shell Pilipinas Corp PHS:SHLPH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shell Pilipinas 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.

Shell Pilipinas'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
=( (15487.7 + 17815.322) / 2 ) / 208435.496*365
=16651.511 / 208435.496*365
=29.16

Shell Pilipinas'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
=( (17815.322 + 36951.969) / 2 ) / 56863.075*365 / 4
=27383.6455 / 56863.075*365 / 4
=43.94

* 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 43.94 mean?
Shell Pilipinas (PHS:SHLPH) has a Days Payable of 43.94 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 Shell Pilipinas and its competitors. This is 29% above median its historical median of 34.10. Over the past decade, Shell Pilipinas' Days Payable has ranged from 25.61 to 43.03. According to the industry distribution chart, Shell Pilipinas ranks #598 out of 854 companies in the Oil & Gas industry, placing it in the top 70%.
Is Shell Pilipinas' Days Payable too high?
Shell Pilipinas' current Days Payable of 43.94 is 29% above median its 10-year median of 34.10. Over the past 10 years, this metric has ranged from a low of 25.61 to a high of 43.03. The Oil & Gas industry median Days Payable is 57.15. Shell Pilipinas' value of 43.94 is 23.1% below this industry median. Based on the distribution chart, Shell Pilipinas ranks #598 out of 854 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shell Pilipinas has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shell Pilipinas' Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Shell Pilipinas ranks #598 out of 854 companies for Days Payable. This places Shell Pilipinas in the lower half of its industry. The industry median Days Payable is 57.15. Shell Pilipinas' value of 43.94 is 23.1% below this benchmark. Historically, Shell Pilipinas' own Days Payable has ranged from 25.61 to 43.03 over the past decade. While the company's 10-year median is 34.10 vs. the industry median of 57.15, Shell Pilipinas has consistently been below 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.15, based on 854 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. Shell Pilipinas's current Days Payable of 43.94 is 23.1% below 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 Shell Pilipinas and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shell Pilipinas's current Days Payable is 43.94, which is 29% above median its own 10-year median of 34.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shell Pilipinas stock overvalued right now?
Based on GuruFocus' analysis, Shell Pilipinas (PHS:SHLPH) is currently considered Fairly Valued. The stock's GF Value™ is ₱9.17, compared to a current price of ₱8.30 — trading 9.5% below its estimated fair value. The current Days Payable is 43.94, which is 29% above median its 10-year median of 34.10 and 23.1% below the Oil & Gas industry median of 57.15. Shell Pilipinas' overall GF Score™ is 80/100 with 3 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 Shell Pilipinas (PHS:SHLPH), the current Days Payable is 43.94 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 Shell Pilipinas (PHS:SHLPH) Overvalued in 2026?

Based on GuruFocus' analysis, Shell Pilipinas stock appears to be undervalued. The current stock price of ₱8.30 is trading 9.5% below its estimated GF Value™ of ₱9.17. GuruFocus considers Shell Pilipinas to be Fairly Valued.

Key valuation signals for PHS:SHLPH:

  • Days Payable: 43.94 (29% above median its 10-year median of 34.10)
  • GF Value™: ₱9.17 vs. price of ₱8.30 (9.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 23.1% below the Oil & Gas median (#598 of 854)

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


Shell Pilipinas Business Description

Industry EnergyOil & Gas
Address 26th Street Corner 9th Avenue, 41st Floor, The Finance Center, Bonifacio Global City, Barangay Fort Bonifacio, Metro Manila, Taguig City, RIZ, PHL, 1635
Shell Pilipinas Corp is engaged in the import and marketing of petroleum products. Its integrated downstream operations span all aspects of the downstream product supply chain, from importing crude oil to distributing petroleum products to its customers across the Philippines. The company offers products such as gasoline, diesel, fuel oil, aviation fuel, marine fuel, lubricants, and bitumen. It solely operates in the Downstream Oil and Gas segment.
80GF Score

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

₱8.30
Price
₱9.17
GF Value