The P.E. Day is an annual activity of the College of PESCAR with the objective of having the students apply in practical situations the concept and subject matters they have learned inside the class. This whole day celebration comprises activity such as street dancing, mascot and character interpretation, quiz bee and mass dance competition depicting physical fitness and rhythmic activities. The presentations are grouped by college and in a form of competition. This is done to level up the quality of performances. Though, it is observed that the conduct of such activity has dramatically evolved, no study has been made to back up such observation. Thus this study is undertaken. The respondents of the study were 195 second year students of West Visayas State University for Academic Year 2014-2015 who had taken P.E. 101 and P.E. 103 basic Physical Education classes. Moreover, they must have participated in the Physical Education Day for two consecutive years. Data were gathered using a P.E. Day Evaluation checklist that was adopted from the Office of Student Affairs’ Campus Student Co-Curricular Activity Evaluation Scale. This comprised checklist on the conduct of the activity and the management of the activity. To augment the quantitative part of the evaluation, a reflection on insights gained by the Taga-West basic Physical Education from their P.E. Day experience was also included. Findings showed that the Physical Education Day experience of Taga-West basic Physical Education students described the quality of the Physical Education Day activities and its management. Moreover, Taga-West basic Physical Education students identified valuable insights they gained from their experience on the course of the Physical Education Day celebration. A concept of a learning portfolio for Physical Education class was developed from the results and implications of the study.