Global-Estate Resorts (PHS:GERI) Days Payable : 386.09 (As of Mar. 2024)

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What is Global-Estate Resorts Days Payable?

Global-Estate Resorts's average Accounts Payable for the three months ended in Mar. 2024 was ₱3,984 Mil. Global-Estate Resorts's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱942 Mil. Hence, Global-Estate Resorts's Days Payable for the three months ended in Mar. 2024 was 386.09.

The historical rank and industry rank for Global-Estate Resorts's Days Payable or its related term are showing as below:

PHS:GERI' s Days Payable Range Over the Past 10 Years
Min: 293.56 Med: 380.99 Max: 539.55
Current: 436.58

During the past 13 years, Global-Estate Resorts's highest Days Payable was 539.55. The lowest was 293.56. And the median was 380.99.

PHS:GERI's Days Payable is ranked better than
85.63% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs PHS:GERI: 436.58

Global-Estate Resorts's Days Payable increased from Mar. 2023 (351.06) to Mar. 2024 (386.09). It may suggest that Global-Estate Resorts delayed paying its suppliers.

Global-Estate Resorts Days Payable Historical Data

The historical data trend for Global-Estate Resorts'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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Global-Estate Resorts Days Payable Chart

Global-Estate Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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339.25

515.10

539.55

464.68

345.02

Global-Estate Resorts 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															351.06	521.77	448.16	396.86	386.09

Competitive Comparison of Global-Estate Resorts's Days Payable

For the Real Estate Services subindustry, Global-Estate Resorts'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.

Global-Estate Resorts's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Global-Estate Resorts's Days Payable distribution charts can be found below:

* The bar in red indicates where Global-Estate Resorts's Days Payable falls into.

Global-Estate Resorts 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.

Global-Estate Resorts'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
=	( (3157.045	+	3388.575)	/	2 )	/	3462.377	*	365
=	3272.81					/	3462.377	*	365
=	345.02

Global-Estate Resorts'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
=	( (3388.575	+	4580.054)	/	2 )	/	941.677	*	365 / 4
=	3984.3145					/	941.677	*	365 / 4
=	386.09

Global-Estate Resorts Days Payable Related Terms

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Global-Estate Resorts (PHS:GERI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Global-Estate Resorts Inc (PHS:GERI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9th floor, Eastwood Global Plaza, Palm Tree Avenue, Eastwood City, Bagumbayan, Quezon, ALB, PHL, 1110

Website

https://www.geri.com.ph

Global-Estate Resorts Inc is a developer of tourism estates in the Philippines. The company is engaged in the development of residential and office units including urban centers integrating office, residential and commercial components. It is organized segments such as Real Estate segment pertains to the development and sale of residential and office projects; Rental segment includes leasing of office and commercial spaces; Hotel operation segment include sale of food & beverages; Service Income segment relates to maintenance of golf courses, Hotel Operations segment includes hotel services, sale of food and beverages, and parties and events services. and Corporate and Others segment. The majority of its revenue is derived from Real Estate segment.