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SPC Power (PHS:SPC) Days Payable : 63.97 (As of Mar. 2024)


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What is SPC Power Days Payable?

SPC Power's average Accounts Payable for the three months ended in Mar. 2024 was ₱557 Mil. SPC Power's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱795 Mil. Hence, SPC Power's Days Payable for the three months ended in Mar. 2024 was 63.97.

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

PHS:SPC' s Days Payable Range Over the Past 10 Years
Min: 45.23   Med: 54.96   Max: 79.26
Current: 73.47

During the past 13 years, SPC Power's highest Days Payable was 79.26. The lowest was 45.23. And the median was 54.96.

PHS:SPC's Days Payable is ranked better than
54.97% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs PHS:SPC: 73.47

SPC Power's Days Payable declined from Mar. 2023 (79.60) to Mar. 2024 (63.97). It may suggest that SPC Power accelerated paying its suppliers.


SPC Power Days Payable Historical Data

The historical data trend for SPC Power'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.

SPC Power Days Payable Chart

SPC Power 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 45.42 64.97 54.01 47.04 45.23

SPC Power 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 79.60 76.21 86.81 67.27 63.97

Competitive Comparison of SPC Power's Days Payable

For the Utilities - Regulated Electric subindustry, SPC Power'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.


SPC Power's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where SPC Power's Days Payable falls into.



SPC Power 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.

SPC Power'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
=( (520.166 + 394.559) / 2 ) / 3691.213*365
=457.3625 / 3691.213*365
=45.23

SPC Power'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
=( (394.559 + 719.799) / 2 ) / 794.789*365 / 4
=557.179 / 794.789*365 / 4
=63.97

* 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.


SPC Power Days Payable Related Terms

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SPC Power (PHS:SPC) Business Description

Traded in Other Exchanges
N/A
Address
Archbishop Reyes Avenue, Cebu Business Park, 7th Floor, Cebu Holdings Center, Cebu, PHL, 6000
SPC Power Corp is managed through three segments: Generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM and other customers; Distribution and sales of electricity to the end-users; and Others segment that operates SECI and SLCI such as to manage, operate and invest in power generating plants and related facilities. It operates and generates revenue principally only in the Philippines.