Republic Glass Holdings (PHS:REG) Days Payable : 147.10 (As of Mar. 2024)

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What is Republic Glass Holdings Days Payable?

Republic Glass Holdings's average Accounts Payable for the three months ended in Mar. 2024 was ₱1.95 Mil. Republic Glass Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱1.21 Mil. Hence, Republic Glass Holdings's Days Payable for the three months ended in Mar. 2024 was 147.10.

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

PHS:REG' s Days Payable Range Over the Past 10 Years
Min: 41.05 Med: 46.33 Max: 125.32
Current: 53.6

During the past 13 years, Republic Glass Holdings's highest Days Payable was 125.32. The lowest was 41.05. And the median was 46.33.

PHS:REG's Days Payable is ranked worse than
58.76% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs PHS:REG: 53.60

Republic Glass Holdings's Days Payable increased from Mar. 2023 (131.16) to Mar. 2024 (147.10). It may suggest that Republic Glass Holdings delayed paying its suppliers.

Republic Glass Holdings Days Payable Historical Data

The historical data trend for Republic Glass 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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Republic Glass Holdings Days Payable Chart

Republic Glass Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.19

42.26

49.86

44.84

46.33

Republic Glass 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															131.16	874.25	364.11	16.17	147.10

Competitive Comparison of Republic Glass Holdings's Days Payable

For the Asset Management subindustry, Republic Glass 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.

Republic Glass Holdings's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Republic Glass Holdings's Days Payable distribution charts can be found below:

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

Republic Glass 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.

Republic Glass 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
=	( (1.813	+	2.011)	/	2 )	/	15.063	*	365
=	1.912					/	15.063	*	365
=	46.33

Republic Glass 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
=	( (2.011	+	1.887)	/	2 )	/	1.209	*	365 / 4
=	1.949					/	1.209	*	365 / 4
=	147.10

Republic Glass Holdings Days Payable Related Terms

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Republic Glass Holdings (PHS:REG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Republic Glass Holdings Corp (PHS:REG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

196 Salcedo Street, 6th Floor, Republic Glass Building, Legaspi Village, Makati, PHL, 1229

Website

http://www.repglass.net

Republic Glass Holdings Corp is a Philippines-based company. The company is engaged in purchasing, leasing, and selling securities of every kind of business. The operating segments of the Company are 1) Core business which relates to the company's investment activities, which involve purchasing and trading financial assets and investing in other securities and 2) Support business which relates to the company's sale of investment properties.