SSI Group (PHS:SSI) Days Payable : 83.83 (As of Dec. 2023)

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What is SSI Group Days Payable?

SSI Group's average Accounts Payable for the three months ended in Dec. 2023 was ₱4,299 Mil. SSI Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱4,679 Mil. Hence, SSI Group's Days Payable for the three months ended in Dec. 2023 was 83.83.

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

PHS:SSI' s Days Payable Range Over the Past 10 Years
Min: 27.5 Med: 55.66 Max: 184.27
Current: 87.58

During the past 13 years, SSI Group's highest Days Payable was 184.27. The lowest was 27.50. And the median was 55.66.

PHS:SSI's Days Payable is ranked better than
69.85% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.405 vs PHS:SSI: 87.58

SSI Group's Days Payable increased from Dec. 2022 (49.35) to Dec. 2023 (83.83). It may suggest that SSI Group delayed paying its suppliers.

SSI Group Days Payable Historical Data

The historical data trend for SSI 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.

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SSI Group Days Payable Chart

SSI Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.21

62.68

43.95

48.63

69.94

SSI 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															49.35	74.67	100.75	110.08	83.83

Competitive Comparison of SSI Group's Days Payable

For the Apparel Retail subindustry, SSI 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.

SSI Group's Days Payable Distribution in the Retail - Cyclical Industry

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

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

SSI 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.

SSI 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
=	( (2426.029	+	3382.879)	/	2 )	/	15157.659	*	365
=	2904.454					/	15157.659	*	365
=	69.94

SSI 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
=	( (5214.689	+	3382.879)	/	2 )	/	4679.003	*	365 / 4
=	4298.784					/	4679.003	*	365 / 4
=	83.83

SSI Group Days Payable Related Terms

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SSI Group (PHS:SSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SSI Group Inc (PHS:SSI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

403 Senator Gil Puyat Avenue, 6th Floor, Midland Buendia Building, Makati City, PHL, 1200

Website

https://www.ssigroup.com.ph

SSI Group Inc together with its subsidiaries operates specialty retail stores in the Philippines. The company operates the retail network of more than 524 stores located within approximately 80 malls across the Philippines, including Metro Manila, Luzon, Visayas, and Mindanao. The company provides luxury and bridge apparel, casual wear and fast fashion, footwear, accessories and luggage, food, home and decor, and beauty and personal care products. Geographically, the company derives revenue from Philippines.

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