Max's Group (PHS:MAXS) Days Payable : 13.53 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Max's Group Days Payable?

Max's Group's average Accounts Payable for the three months ended in Dec. 2023 was ₱319 Mil. Max's Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱2,152 Mil. Hence, Max's Group's Days Payable for the three months ended in Dec. 2023 was 13.53.

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

PHS:MAXS' s Days Payable Range Over the Past 10 Years
Min: 19.98 Med: 38.42 Max: 68.45
Current: 19.98

During the past 13 years, Max's Group's highest Days Payable was 68.45. The lowest was 19.98. And the median was 38.42.

PHS:MAXS's Days Payable is ranked worse than
85.88% of 340 companies
in the Restaurants industry
Industry Median: 38.035 vs PHS:MAXS: 19.98

Max's Group's Days Payable declined from Dec. 2022 (21.39) to Dec. 2023 (13.53). It may suggest that Max's Group accelerated paying its suppliers.

Max's Group Days Payable Historical Data

The historical data trend for Max's Group'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.

Max's Group Days Payable Chart

Max's Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

25.28

44.21

52.21

36.88

23.34

Max's Group 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															21.39	29.75	21.29	12.58	13.53

Competitive Comparison of Max's Group's Days Payable

For the Restaurants subindustry, Max's Group'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.

Max's Group's Days Payable Distribution in the Restaurants Industry

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

* The bar in red indicates where Max's Group's Days Payable falls into.

Max's Group 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.

Max's Group'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
=	( (656.52	+	374.308)	/	2 )	/	8060.636	*	365
=	515.414					/	8060.636	*	365
=	23.34

Max's Group'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
=	( (264.015	+	374.308)	/	2 )	/	2151.787	*	365 / 4
=	319.1615					/	2151.787	*	365 / 4
=	13.53

Max's Group Days Payable Related Terms

Thank you for viewing the detailed overview of Max's Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Max's Group (PHS:MAXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Max's Group Inc (PHS:MAXS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2212 Chino Roces Avenue, 3rd Floor, KDC Plaza, Metro Manila, Makati, PHL, 1230

Website

https://www.maxsgroupinc.com

Max's Group Inc is a Philippines based company engages in the business of catering foods and establishing, operating and maintaining restaurants, coffee shops, refreshments parlors, and cocktail lounges. It offers a diverse cuisine covering American, Filipino, Japanese, Chinese, and French. The company's total revenue is generated by restaurant sales in company-operated restaurants. The remaining revenue comes from franchise fees and commissary sales of goods to franchisees.

Max's Group (PHS:MAXS) Headlines

No Headlines