Globe Telecom (PHS:GLO) Days Payable : 158.91 (As of Mar. 2024)

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What is Globe Telecom Days Payable?

Globe Telecom's average Accounts Payable for the three months ended in Mar. 2024 was ₱7,888 Mil. Globe Telecom's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱4,530 Mil. Hence, Globe Telecom's Days Payable for the three months ended in Mar. 2024 was 158.91.

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

PHS:GLO' s Days Payable Range Over the Past 10 Years
Min: 91.19 Med: 190.51 Max: 244.62
Current: 151.73

During the past 13 years, Globe Telecom's highest Days Payable was 244.62. The lowest was 91.19. And the median was 190.51.

PHS:GLO's Days Payable is ranked better than
67.34% of 346 companies
in the Telecommunication Services industry
Industry Median: 105.83 vs PHS:GLO: 151.73

Globe Telecom's Days Payable increased from Mar. 2023 (136.04) to Mar. 2024 (158.91). It may suggest that Globe Telecom delayed paying its suppliers.

Globe Telecom Days Payable Historical Data

The historical data trend for Globe Telecom'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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Globe Telecom Days Payable Chart

Globe Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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125.18

236.88

185.31

139.86

151.18

Globe Telecom 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															136.04	172.18	178.74	130.57	158.91

Competitive Comparison of Globe Telecom's Days Payable

For the Telecom Services subindustry, Globe Telecom'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.

Globe Telecom's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Globe Telecom's Days Payable distribution charts can be found below:

* The bar in red indicates where Globe Telecom's Days Payable falls into.

Globe Telecom 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.

Globe Telecom'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
=	( (8565.445	+	7658.017)	/	2 )	/	19584.096	*	365
=	8111.731					/	19584.096	*	365
=	151.18

Globe Telecom'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
=	( (7658.017	+	8118.455)	/	2 )	/	4529.608	*	365 / 4
=	7888.236					/	4529.608	*	365 / 4
=	158.91

Globe Telecom Days Payable Related Terms

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Globe Telecom (PHS:GLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globe Telecom Inc (PHS:GLO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GTMEY:USA

Address

32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.globe.com.ph

Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.