Shangri-La Hotel PCL (BKK:SHANG) Days Payable : 42.44 (As of Dec. 2023)

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What is Shangri-La Hotel PCL Days Payable?

Shangri-La Hotel PCL's average Accounts Payable for the three months ended in Dec. 2023 was ฿91 Mil. Shangri-La Hotel PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿195 Mil. Hence, Shangri-La Hotel PCL's Days Payable for the three months ended in Dec. 2023 was 42.44.

The historical rank and industry rank for Shangri-La Hotel PCL's Days Payable or its related term are showing as below:

BKK:SHANG' s Days Payable Range Over the Past 10 Years
Min: 32.34 Med: 45.67 Max: 164.43
Current: 52.5

During the past 13 years, Shangri-La Hotel PCL's highest Days Payable was 164.43. The lowest was 32.34. And the median was 45.67.

BKK:SHANG's Days Payable is ranked worse than
53.84% of 756 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs BKK:SHANG: 52.50

Shangri-La Hotel PCL's Days Payable declined from Dec. 2022 (45.35) to Dec. 2023 (42.44). It may suggest that Shangri-La Hotel PCL accelerated paying its suppliers.

Shangri-La Hotel PCL Days Payable Historical Data

The historical data trend for Shangri-La Hotel PCL'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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Shangri-La Hotel PCL Days Payable Chart

Shangri-La Hotel PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.34

46.60

44.74

34.48

33.15

Shangri-La Hotel PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															45.35	53.93	81.26	57.94	42.44

Competitive Comparison of Shangri-La Hotel PCL's Days Payable

For the Lodging subindustry, Shangri-La Hotel PCL'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.

Shangri-La Hotel PCL's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shangri-La Hotel PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Shangri-La Hotel PCL's Days Payable falls into.

Shangri-La Hotel PCL 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.

Shangri-La Hotel PCL'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
=	( (54.545	+	68.402)	/	2 )	/	676.827	*	365
=	61.4735					/	676.827	*	365
=	33.15

Shangri-La Hotel PCL's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (113.306	+	68.402)	/	2 )	/	195.324	*	365 / 4
=	90.854					/	195.324	*	365 / 4
=	42.44

Shangri-La Hotel PCL Days Payable Related Terms

Thank you for viewing the detailed overview of Shangri-La Hotel PCL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shangri-La Hotel PCL (BKK:SHANG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shangri-La Hotel PCL (BKK:SHANG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Charoenkrung Road, No. 89, Soi Wat Suan Plu, Bangrak, Bangkok, THA, 10500

Website

https://www.shangri-la.com

Shangri-La Hotel PCL is engaged in hotel operations in Bangkok. It operates in two business segments namely the Hotel business and the Holding investment segment. It generates maximum revenue from the Hotel segment.

Shangri-La Hotel PCL (BKK:SHANG) Headlines

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