Steniel Manufacturing (PHS:STN) Days Payable : 47.46 (As of Mar. 2024)

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What is Steniel Manufacturing Days Payable?

Steniel Manufacturing's average Accounts Payable for the three months ended in Mar. 2024 was ₱344 Mil. Steniel Manufacturing's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱661 Mil. Hence, Steniel Manufacturing's Days Payable for the three months ended in Mar. 2024 was 47.46.

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

PHS:STN' s Days Payable Range Over the Past 10 Years
Min: 22.23 Med: 686.47 Max: 35102871.25
Current: 22.23

During the past 13 years, Steniel Manufacturing's highest Days Payable was 35102871.25. The lowest was 22.23. And the median was 686.47.

PHS:STN's Days Payable is ranked worse than
90.41% of 365 companies
in the Packaging & Containers industry
Industry Median: 60.26 vs PHS:STN: 22.23

Steniel Manufacturing's Days Payable increased from Mar. 2023 (25.16) to Mar. 2024 (47.46). It may suggest that Steniel Manufacturing delayed paying its suppliers.

Steniel Manufacturing Days Payable Historical Data

The historical data trend for Steniel Manufacturing'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.

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Steniel Manufacturing Days Payable Chart

Steniel Manufacturing Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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493.53

35,102,871.25

78.20

33.55

38.36

Steniel Manufacturing 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															25.16	6.77	6.59	31.56	47.46

Competitive Comparison of Steniel Manufacturing's Days Payable

For the Packaging & Containers subindustry, Steniel Manufacturing'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.

Steniel Manufacturing's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Steniel Manufacturing's Days Payable distribution charts can be found below:

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

Steniel Manufacturing 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.

Steniel Manufacturing'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
=	( (217.641	+	403.78)	/	2 )	/	2956.395	*	365
=	310.7105					/	2956.395	*	365
=	38.36

Steniel Manufacturing'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
=	( (403.78	+	284.025)	/	2 )	/	661.144	*	365 / 4
=	343.9025					/	661.144	*	365 / 4
=	47.46

Steniel Manufacturing Days Payable Related Terms

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Steniel Manufacturing (PHS:STN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Steniel Manufacturing Corp (PHS:STN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gateway Business Park, Barangay. Javalera, General Trias, Cavite, CAV, PHL

Website

http://www.steniel.com.ph

Steniel Manufacturing Corp is engaged in the manufacturing of industrial packaging materials in the Philippines. It also engages in the manufacturing and sale of all kinds of paper products, paperboard and corrugated carton containers, and all other allied products and processes. Its products are mainly used for packaging consumer goods, fresh fruits, canned sardines, furniture, and electronic goods.