Jollibee Foods (PHS:JFC) Days Payable : 30.24 (As of Dec. 2023)

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What is Jollibee Foods Days Payable?

Jollibee Foods's average Accounts Payable for the three months ended in Dec. 2023 was ₱17,760 Mil. Jollibee Foods's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱53,591 Mil. Hence, Jollibee Foods's Days Payable for the three months ended in Dec. 2023 was 30.24.

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

PHS:JFC' s Days Payable Range Over the Past 10 Years
Min: 31.15 Med: 35.55 Max: 59.17
Current: 31.42

During the past 13 years, Jollibee Foods's highest Days Payable was 59.17. The lowest was 31.15. And the median was 35.55.

PHS:JFC's Days Payable is ranked worse than
63.82% of 340 companies
in the Restaurants industry
Industry Median: 38.325 vs PHS:JFC: 31.42

Jollibee Foods's Days Payable declined from Dec. 2022 (33.31) to Dec. 2023 (30.24). It may suggest that Jollibee Foods accelerated paying its suppliers.

Jollibee Foods Days Payable Historical Data

The historical data trend for Jollibee Foods'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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Jollibee Foods Days Payable Chart

Jollibee Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.61

41.38

35.85

33.55

35.03

Jollibee Foods 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															33.31	34.67	28.62	28.98	30.24

Competitive Comparison of Jollibee Foods's Days Payable

For the Restaurants subindustry, Jollibee Foods'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.

Jollibee Foods's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jollibee Foods's Days Payable distribution charts can be found below:

* The bar in red indicates where Jollibee Foods's Days Payable falls into.

Jollibee Foods 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.

Jollibee Foods'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
=	( (18776.814	+	19381.549)	/	2 )	/	198806.694	*	365
=	19079.1815					/	198806.694	*	365
=	35.03

Jollibee Foods'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
=	( (16138.135	+	19381.549)	/	2 )	/	53590.595	*	365 / 4
=	17759.842					/	53590.595	*	365 / 4
=	30.24

Jollibee Foods Days Payable Related Terms

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Jollibee Foods (PHS:JFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jollibee Foods Corp (PHS:JFC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JBFCY:USA JBFCF:USA

Address

10 F. Ortigas Junior avenue, 10th Floor, Jollibee Plaza Building, Ortigas Centre, Pasig, PHL, 1605

Website

https://www.jollibee.com.ph

Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants. The company has three business segments; The food service segment is involved in the operations of QSRs and the manufacture of food, products to be sold to JFC Group-owned and franchised QSR outlets, The franchising segment is involved in the franchising of the JFC Group's QSR store concepts, and The leasing segment leases store sites mainly to the JFC Group's independent franchisees. The group's geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations which include PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, UK, UAE, Hongkong, Macau, Brunei, Taiwan, and Australia.

Jollibee Foods (PHS:JFC) Headlines

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