Top Frontier Investment Holdings (PHS:TFHI) Days Payable : 47.08 (As of Dec. 2023)

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What is Top Frontier Investment Holdings Days Payable?

Top Frontier Investment Holdings's average Accounts Payable for the three months ended in Dec. 2023 was ₱167,345 Mil. Top Frontier Investment Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱324,378 Mil. Hence, Top Frontier Investment Holdings's Days Payable for the three months ended in Dec. 2023 was 47.08.

The historical rank and industry rank for Top Frontier Investment Holdings's Days Payable or its related term are showing as below:

PHS:TFHI' s Days Payable Range Over the Past 10 Years
Min: 27.58 Med: 38.16 Max: 53.78
Current: 53.78

During the past 11 years, Top Frontier Investment Holdings's highest Days Payable was 53.78. The lowest was 27.58. And the median was 38.16.

PHS:TFHI's Days Payable is ranked worse than
53.94% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs PHS:TFHI: 53.78

Top Frontier Investment Holdings's Days Payable increased from Dec. 2022 (44.91) to Dec. 2023 (47.08). It may suggest that Top Frontier Investment Holdings delayed paying its suppliers.

Top Frontier Investment Holdings Days Payable Historical Data

The historical data trend for Top Frontier Investment Holdings'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.

Top Frontier Investment Holdings Days Payable Chart

Top Frontier Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.71

53.66

38.04

27.58

32.05

Top Frontier Investment Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															44.91	51.75	72.55	66.71	47.08

Competitive Comparison of Top Frontier Investment Holdings's Days Payable

For the Conglomerates subindustry, Top Frontier Investment Holdings'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.

Top Frontier Investment Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Top Frontier Investment Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Top Frontier Investment Holdings's Days Payable falls into.

Top Frontier Investment Holdings 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.

Top Frontier Investment Holdings'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
=	( (108890	+	103480)	/	2 )	/	1209329	*	365
=	106185					/	1209329	*	365
=	32.05

Top Frontier Investment Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (231209	+	103480)	/	2 )	/	324378	*	365 / 4
=	167344.5					/	324378	*	365 / 4
=	47.08

Top Frontier Investment Holdings Days Payable Related Terms

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Top Frontier Investment Holdings (PHS:TFHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Top Frontier Investment Holdings Inc (PHS:TFHI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 399 Sen. Gil. Puyat Avenue, 5th Floor, ENZO Building, Makati, PHL, 1200

Website

https://topfrontier.com.ph

Top Frontier Investment Holdings Inc is an investment holding company engaged in the processing and marketing of branded refrigerated processed meats and canned meat products. The operating business segments are food and beverage, packaging, energy, fuel and oil, infrastructure and Cement, Real Estate, Mining and Others. The company derives maximum revenue from fuel and oil segment. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

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