Victorias Milling Co (PHS:VMC) Days Payable : 16.47 (As of Feb. 2024)

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What is Victorias Milling Co Days Payable?

Victorias Milling Co's average Accounts Payable for the three months ended in Feb. 2024 was ₱643 Mil. Victorias Milling Co's Cost of Goods Sold for the three months ended in Feb. 2024 was ₱3,564 Mil. Hence, Victorias Milling Co's Days Payable for the three months ended in Feb. 2024 was 16.47.

The historical rank and industry rank for Victorias Milling Co's Days Payable or its related term are showing as below:

PHS:VMC' s Days Payable Range Over the Past 10 Years
Min: 13.05 Med: 17.6 Max: 74.83
Current: 21.82

During the past 13 years, Victorias Milling Co's highest Days Payable was 74.83. The lowest was 13.05. And the median was 17.60.

PHS:VMC's Days Payable is ranked worse than
84% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs PHS:VMC: 21.82

Victorias Milling Co's Days Payable increased from Feb. 2023 (14.04) to Feb. 2024 (16.47). It may suggest that Victorias Milling Co delayed paying its suppliers.

Victorias Milling Co Days Payable Historical Data

The historical data trend for Victorias Milling Co'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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Victorias Milling Co Days Payable Chart

Victorias Milling Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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22.85

15.18

13.05

16.94

13.07

Victorias Milling Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															14.04	14.34	368.54	21.20	16.47

Competitive Comparison of Victorias Milling Co's Days Payable

For the Confectioners subindustry, Victorias Milling Co'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.

Victorias Milling Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Victorias Milling Co's Days Payable falls into.

Victorias Milling Co 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.

Victorias Milling Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (404.654	+	495.702)	/	2 )	/	12573.936	*	365
=	450.178					/	12573.936	*	365
=	13.07

Victorias Milling Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (648.276	+	638.255)	/	2 )	/	3564.026	*	365 / 4
=	643.2655					/	3564.026	*	365 / 4
=	16.47

Victorias Milling Co Days Payable Related Terms

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Victorias Milling Co (PHS:VMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Victorias Milling Co Inc (PHS:VMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

J.J. Ossorio Street, VMC Compound, Barangay XVI, Victorias, NEC, PHL, 6119

Website

https://www.victoriasmilling.com

Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company also focuses on producing and selling canned sardines, hot Bangus, mackerel, luncheon meat, and other meat products. It is also involved in developing and selling real estate properties, operating golf clubs, and other activities. The company operates in business segments that are Sugar Milling, Distillery Operations, Power Generation and others. The Sugar Milling segment generates maximum revenue for the company.