Ras Resorts & Apart Hotels (BOM:507966) Days Payable : 491.42 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Ras Resorts & Apart Hotels Days Payable?

Ras Resorts & Apart Hotels's average Accounts Payable for the three months ended in Mar. 2024 was ₹15.8 Mil. Ras Resorts & Apart Hotels's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2.9 Mil. Hence, Ras Resorts & Apart Hotels's Days Payable for the three months ended in Mar. 2024 was 491.42.

The historical rank and industry rank for Ras Resorts & Apart Hotels's Days Payable or its related term are showing as below:

BOM:507966' s Days Payable Range Over the Past 10 Years
Min: 85.68 Med: 155.15 Max: 373.56
Current: 373.56

During the past 13 years, Ras Resorts & Apart Hotels's highest Days Payable was 373.56. The lowest was 85.68. And the median was 155.15.

BOM:507966's Days Payable is ranked better than
89.14% of 755 companies
in the Travel & Leisure industry
Industry Median: 58.43 vs BOM:507966: 373.56

Ras Resorts & Apart Hotels's Days Payable increased from Mar. 2023 (314.97) to Mar. 2024 (491.42). It may suggest that Ras Resorts & Apart Hotels delayed paying its suppliers.

Ras Resorts & Apart Hotels Days Payable Historical Data

The historical data trend for Ras Resorts & Apart 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.

* Premium members only.

Ras Resorts & Apart Hotels Days Payable Chart

Ras Resorts & Apart Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

102.44

214.69

158.02

223.32

307.93

Ras Resorts & Apart 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															314.97	168.70	3,685.69	296.24	491.42

Competitive Comparison of Ras Resorts & Apart Hotels's Days Payable

For the Lodging subindustry, Ras Resorts & Apart 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.

Ras Resorts & Apart Hotels's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ras Resorts & Apart Hotels's Days Payable distribution charts can be found below:

* The bar in red indicates where Ras Resorts & Apart Hotels's Days Payable falls into.

Ras Resorts & Apart 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.

Ras Resorts & Apart Hotels's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (9.841	+	15.774)	/	2 )	/	15.181	*	365
=	12.8075					/	15.181	*	365
=	307.93

Ras Resorts & Apart 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
=	( (0	+	15.774)	/	1 )	/	2.929	*	365 / 4
=	15.774					/	2.929	*	365 / 4
=	491.42

Ras Resorts & Apart Hotels Days Payable Related Terms

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

Ras Resorts & Apart Hotels (BOM:507966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ras Resorts & Apart Hotels Ltd (BOM:507966) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

99/C, Rosewood Chambers, Tulsiwadi, Tardeo, Mumbai, MH, IND, 400 034

Website

https://www.rrahl.com

Ras Resorts & Apart Hotels Ltd operates a hotel and real estate business. It is engaged in the business of owning and operating a hotel and resort. The company's operating segment includes Hoteliering and Real Estate, Out of which the majority of revenue is generated from the hoteliering segment. Geographically, the firm operates in India. Its resort facilities include a Children's Playground, Conference halls, Sandal Cola Lawns, Adult and Baby Pools, and health club/wellness Centre facilities.

Ras Resorts & Apart Hotels (BOM:507966) Headlines

No Headlines