8990 Holdings (PHS:HOUSE) Days Payable : 78.35 (As of Mar. 2024)

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What is 8990 Holdings Days Payable?

8990 Holdings's average Accounts Payable for the three months ended in Mar. 2024 was ₱2,501 Mil. 8990 Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱2,912 Mil. Hence, 8990 Holdings's Days Payable for the three months ended in Mar. 2024 was 78.35.

The historical rank and industry rank for 8990 Holdings's Days Payable or its related term are showing as below:

PHS:HOUSE' s Days Payable Range Over the Past 10 Years
Min: 67.15 Med: 179.14 Max: 258.99
Current: 87.38

During the past 13 years, 8990 Holdings's highest Days Payable was 258.99. The lowest was 67.15. And the median was 179.14.

PHS:HOUSE's Days Payable is ranked worse than
53.18% of 1572 companies
in the Real Estate industry
Industry Median: 99.68 vs PHS:HOUSE: 87.38

8990 Holdings's Days Payable declined from Mar. 2023 (97.89) to Mar. 2024 (78.35). It may suggest that 8990 Holdings accelerated paying its suppliers.

8990 Holdings Days Payable Historical Data

The historical data trend for 8990 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.

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8990 Holdings Days Payable Chart

8990 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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198.55

112.26

71.84

67.15

70.69

8990 Holdings 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															97.89	132.04	100.90	61.71	78.35

Competitive Comparison of 8990 Holdings's Days Payable

For the Real Estate - Development subindustry, 8990 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.

8990 Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, 8990 Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where 8990 Holdings's Days Payable falls into.

8990 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.

8990 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
=	( (2313.913	+	2618.729)	/	2 )	/	12735.091	*	365
=	2466.321					/	12735.091	*	365
=	70.69

8990 Holdings'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
=	( (2618.729	+	2382.375)	/	2 )	/	2912.261	*	365 / 4
=	2500.552					/	2912.261	*	365 / 4
=	78.35

8990 Holdings Days Payable Related Terms

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8990 Holdings (PHS:HOUSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » 8990 Holdings Inc (PHS:HOUSE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8990B.PFD:Philippines

Address

104 H.V. Dela Costa Street, Unit 1104, 11th Floor, Liberty Center, Salcedo Village, Makati, PHL, 1200

Website

https://www.8990holdings.com

8990 Holdings Inc is a holding company with subsidies that operate in housing and resort real estate development. The group's operating segments are managed in four separate segments according to the nature of their products and markets as follows: Low-cost Mass Housing, Medium-rise Condominium, High-rise Condominium, and Others. The Low-Cost Mass Housing segment caters to the development and sale of residential lots and units, and it is responsible for generating a majority of the company's revenue. All the company's operations take place in the Philippines where it earns all its revenue.

8990 Holdings (PHS:HOUSE) Headlines

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