Mabuhay Vinyl (PHS:MVC) Days Payable : 56.59 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Mabuhay Vinyl Days Payable?

Mabuhay Vinyl's average Accounts Payable for the three months ended in Mar. 2024 was ₱273 Mil. Mabuhay Vinyl's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱440 Mil. Hence, Mabuhay Vinyl's Days Payable for the three months ended in Mar. 2024 was 56.59.

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

PHS:MVC' s Days Payable Range Over the Past 10 Years
Min: 11.62 Med: 21.33 Max: 56.9
Current: 56.9

During the past 13 years, Mabuhay Vinyl's highest Days Payable was 56.90. The lowest was 11.62. And the median was 21.33.

PHS:MVC's Days Payable is ranked worse than
54.32% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs PHS:MVC: 56.90

Mabuhay Vinyl's Days Payable increased from Mar. 2023 (35.06) to Mar. 2024 (56.59). It may suggest that Mabuhay Vinyl delayed paying its suppliers.

Mabuhay Vinyl Days Payable Historical Data

The historical data trend for Mabuhay Vinyl'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.

Mabuhay Vinyl Days Payable Chart

Mabuhay Vinyl Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

21.01

14.78

13.92

21.65

32.87

Mabuhay Vinyl 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															35.06	61.71	67.97	38.11	56.59

Competitive Comparison of Mabuhay Vinyl's Days Payable

For the Chemicals subindustry, Mabuhay Vinyl'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.

Mabuhay Vinyl's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mabuhay Vinyl's Days Payable distribution charts can be found below:

* The bar in red indicates where Mabuhay Vinyl's Days Payable falls into.

Mabuhay Vinyl 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.

Mabuhay Vinyl'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
=	( (186.474	+	149.629)	/	2 )	/	1866.01	*	365
=	168.0515					/	1866.01	*	365
=	32.87

Mabuhay Vinyl'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
=	( (149.629	+	396.358)	/	2 )	/	440.195	*	365 / 4
=	272.9935					/	440.195	*	365 / 4
=	56.59

Mabuhay Vinyl Days Payable Related Terms

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

Mabuhay Vinyl (PHS:MVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mabuhay Vinyl Corp (PHS:MVC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

169 H.V. Dela Costa Street, 22nd Floor, The Salcedo Towers, Salcedo Village, Makati City, PHL, 1227

Website

https://www.mvc.com.ph

Mabuhay Vinyl Corp is a Philippines based Chlor-Alkali chemical producer. It focuses on manufacturing and distributing basic and intermediate chemicals. Some of its products are caustic soda, hydrochloric acid, sodium hypochlorite and chlorine which are widely used in diversified industries. The Group considers the manufacturing and distribution of basic and intermediate chemicals as its business activity and only operating segment.