Abu Dhabi National Hotels (ADX:ADNH) Days Payable : 132.58 (As of Mar. 2024)

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What is Abu Dhabi National Hotels Days Payable?

Abu Dhabi National Hotels's average Accounts Payable for the three months ended in Mar. 2024 was د.إ437 Mil. Abu Dhabi National Hotels's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ301 Mil. Hence, Abu Dhabi National Hotels's Days Payable for the three months ended in Mar. 2024 was 132.58.

The historical rank and industry rank for Abu Dhabi National Hotels's Days Payable or its related term are showing as below:

ADX:ADNH' s Days Payable Range Over the Past 10 Years
Min: 69.2 Med: 86.95 Max: 127.77
Current: 127.77

During the past 13 years, Abu Dhabi National Hotels's highest Days Payable was 127.77. The lowest was 69.20. And the median was 86.95.

ADX:ADNH's Days Payable is ranked better than
73.84% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.8 vs ADX:ADNH: 127.77

Abu Dhabi National Hotels's Days Payable increased from Mar. 2023 (111.03) to Mar. 2024 (132.58). It may suggest that Abu Dhabi National Hotels delayed paying its suppliers.

Abu Dhabi National Hotels Days Payable Historical Data

The historical data trend for Abu Dhabi National Hotels'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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Abu Dhabi National Hotels Days Payable Chart

Abu Dhabi National Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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88.86

104.42

96.91

81.15

79.87

Abu Dhabi National Hotels 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															111.03	125.04	125.27	88.23	132.58

Competitive Comparison of Abu Dhabi National Hotels's Days Payable

For the Lodging subindustry, Abu Dhabi National Hotels'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.

Abu Dhabi National Hotels's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Abu Dhabi National Hotels's Days Payable distribution charts can be found below:

* The bar in red indicates where Abu Dhabi National Hotels's Days Payable falls into.

Abu Dhabi National Hotels 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.

Abu Dhabi National Hotels'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
=	( (276.826	+	227.042)	/	2 )	/	1151.283	*	365
=	251.934					/	1151.283	*	365
=	79.87

Abu Dhabi National Hotels'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
=	( (227.042	+	647.683)	/	2 )	/	301.018	*	365 / 4
=	437.3625					/	301.018	*	365 / 4
=	132.58

Abu Dhabi National Hotels Days Payable Related Terms

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

Abu Dhabi National Hotels (ADX:ADNH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Abu Dhabi National Hotels (ADX:ADNH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 46806, Abu Dhabi, ARE

Website

https://www.adnh.com

Abu Dhabi National Hotels is engaged in the hospitality business. The company's reportable segment includes Hotels, Transport services, and Holding. It generates maximum revenue from the hotel segment. The company earns the majority of its revenue from room rentals, food, beverage, and other ancillary services. It also manages other hotels for the account of other parties.

Abu Dhabi National Hotels (ADX:ADNH) Headlines

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