Gulf Hotels Group BSC (BAH:GHG) Days Payable : 64.08 (As of Mar. 2024)

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

What is Gulf Hotels Group BSC Days Payable?

Gulf Hotels Group BSC's average Accounts Payable for the three months ended in Mar. 2024 was BHD1.48 Mil. Gulf Hotels Group BSC's Cost of Goods Sold for the three months ended in Mar. 2024 was BHD2.11 Mil. Hence, Gulf Hotels Group BSC's Days Payable for the three months ended in Mar. 2024 was 64.08.

The historical rank and industry rank for Gulf Hotels Group BSC's Days Payable or its related term are showing as below:

BAH:GHG' s Days Payable Range Over the Past 10 Years
Min: 25.7 Med: 37.32 Max: 174.98
Current: 174.98

During the past 13 years, Gulf Hotels Group BSC's highest Days Payable was 174.98. The lowest was 25.70. And the median was 37.32.

BAH:GHG's Days Payable is ranked better than
79.66% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.8 vs BAH:GHG: 174.98

Gulf Hotels Group BSC's Days Payable declined from Mar. 2023 (130.43) to Mar. 2024 (64.08). It may suggest that Gulf Hotels Group BSC accelerated paying its suppliers.

Gulf Hotels Group BSC Days Payable Historical Data

The historical data trend for Gulf Hotels Group BSC'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.

Gulf Hotels Group BSC Days Payable Chart

Gulf Hotels Group BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

37.39

63.09

59.31

58.43

46.15

Gulf Hotels Group BSC 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															130.43	120.74	-	-	64.08

Competitive Comparison of Gulf Hotels Group BSC's Days Payable

For the Lodging subindustry, Gulf Hotels Group BSC'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.

Gulf Hotels Group BSC's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Gulf Hotels Group BSC's Days Payable falls into.

Gulf Hotels Group BSC 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.

Gulf Hotels Group BSC'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
=	( (3.153	+	1.454)	/	2 )	/	18.217	*	365
=	2.3035					/	18.217	*	365
=	46.15

Gulf Hotels Group BSC'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
=	( (1.454	+	1.511)	/	2 )	/	2.111	*	365 / 4
=	1.4825					/	2.111	*	365 / 4
=	64.08

Gulf Hotels Group BSC Days Payable Related Terms

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

Gulf Hotels Group BSC (BAH:GHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gulf Hotels Group BSC (BAH:GHG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 580, Manama, BHR

Website

http://www.gulfhotelsgroup.com

Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.