Acesite Phils Hotel (PHS:ACE) Days Payable : 3,884.60 (As of Mar. 2024)

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What is Acesite Phils Hotel Days Payable?

Acesite Phils Hotel's average Accounts Payable for the three months ended in Mar. 2024 was ₱305.83 Mil. Acesite Phils Hotel's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱7.18 Mil. Hence, Acesite Phils Hotel's Days Payable for the three months ended in Mar. 2024 was 3,884.60.

The historical rank and industry rank for Acesite Phils Hotel's Days Payable or its related term are showing as below:

PHS:ACE' s Days Payable Range Over the Past 10 Years
Min: 120.59 Med: 1322.68 Max: 9017.67
Current: 5348.1

During the past 13 years, Acesite Phils Hotel's highest Days Payable was 9017.67. The lowest was 120.59. And the median was 1322.68.

PHS:ACE's Days Payable is ranked better than
98.68% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.94 vs PHS:ACE: 5348.10

Acesite Phils Hotel's Days Payable declined from Mar. 2023 (4,013.22) to Mar. 2024 (3,884.60). It may suggest that Acesite Phils Hotel accelerated paying its suppliers.

Acesite Phils Hotel Days Payable Historical Data

The historical data trend for Acesite Phils Hotel'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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Acesite Phils Hotel Days Payable Chart

Acesite Phils Hotel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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2,247.99

3,104.93

9,017.67

7,306.95

5,307.11

Acesite Phils Hotel 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															4,013.22	3,775.43	4,360.13	-	3,884.60

Competitive Comparison of Acesite Phils Hotel's Days Payable

For the Lodging subindustry, Acesite Phils Hotel'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.

Acesite Phils Hotel's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Acesite Phils Hotel's Days Payable distribution charts can be found below:

* The bar in red indicates where Acesite Phils Hotel's Days Payable falls into.

Acesite Phils Hotel 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.

Acesite Phils Hotel'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
=	( (378.256	+	315.681)	/	2 )	/	23.863	*	365
=	346.9685					/	23.863	*	365
=	5,307.11

Acesite Phils Hotel'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
=	( (315.681	+	295.978)	/	2 )	/	7.184	*	365 / 4
=	305.8295					/	7.184	*	365 / 4
=	3,884.60

Acesite Phils Hotel Days Payable Related Terms

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Acesite Phils Hotel (PHS:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acesite Phils Hotel Corp (PHS:ACE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

United Nations Avenue corner Maria Orosa Street, 8th Floor, Waterfront Manila Hotel and Casino, Ermita, Manila, PHL, 1000

Website

https://www.waterfronthotels.com.ph

Acesite Phils Hotel Corp operates in hotel and restaurant management operations. The Company is engaged in the business of operating a hotel or other accommodations for the general public. The company offers various categories of rooms, deluxe rooms, executive rooms and suites, and ambassador club rooms. The other guest services and facilities include a chapel, swimming pool, gym, business center, and valet-service basement carpark.

Acesite Phils Hotel (PHS:ACE) Headlines

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