Taj GVK Hotels & Resorts (BOM:532390) Days Payable : 223.67 (As of Dec. 2023)

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What is Taj GVK Hotels & Resorts Days Payable?

Taj GVK Hotels & Resorts's average Accounts Payable for the three months ended in Dec. 2023 was ₹701 Mil. Taj GVK Hotels & Resorts's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹286 Mil. Hence, Taj GVK Hotels & Resorts's Days Payable for the three months ended in Dec. 2023 was 223.67.

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

BOM:532390' s Days Payable Range Over the Past 10 Years
Min: 128.58 Med: 157.74 Max: 373.06
Current: 168.85

During the past 13 years, Taj GVK Hotels & Resorts's highest Days Payable was 373.06. The lowest was 128.58. And the median was 157.74.

BOM:532390's Days Payable is ranked better than
79.79% of 752 companies
in the Travel & Leisure industry
Industry Median: 59.01 vs BOM:532390: 168.85

Taj GVK Hotels & Resorts's Days Payable increased from Dec. 2022 (188.75) to Dec. 2023 (223.67). It may suggest that Taj GVK Hotels & Resorts delayed paying its suppliers.

Taj GVK Hotels & Resorts Days Payable Historical Data

The historical data trend for Taj GVK Hotels & Resorts'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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Taj GVK Hotels & Resorts Days Payable Chart

Taj GVK Hotels & Resorts Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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138.08

140.72

373.06

152.99

130.05

Taj GVK Hotels & Resorts 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															188.75	100.99	190.79	245.55	223.67

Competitive Comparison of Taj GVK Hotels & Resorts's Days Payable

For the Lodging subindustry, Taj GVK Hotels & Resorts'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.

Taj GVK Hotels & Resorts's Days Payable Distribution in the Travel & Leisure Industry

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

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

Taj GVK Hotels & Resorts 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.

Taj GVK Hotels & Resorts's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (338.373	+	545.094)	/	2 )	/	1239.735	*	365
=	441.7335					/	1239.735	*	365
=	130.05

Taj GVK Hotels & Resorts'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
=	( (701.277	+	0)	/	1 )	/	286.1	*	365 / 4
=	701.277					/	286.1	*	365 / 4
=	223.67

Taj GVK Hotels & Resorts Days Payable Related Terms

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Taj GVK Hotels & Resorts (BOM:532390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Taj GVK Hotels & Resorts Ltd (BOM:532390) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TAJGVK:India

Address

Taj Krishna, Road No. 1, Banjara Hills, Hyderabad, TG, IND, 500 034

Website

https://www.tajgvk.in

Taj GVK Hotels & Resorts Ltd is an Indian-based company, which is engaged in the business of owning, operating and managing hotels, palaces, and resorts with the brand name TAJ. The business activities of the group include operations of rooms, restaurants, bars, and banquets. It operates a range of hotels under the Taj brand which are Taj Krishna, Taj Banjara, Taj Deccan, Vivanta by Taj, Taj Chandigarh, Taj Club House, and Taj Santacruz.

Taj GVK Hotels & Resorts (BOM:532390) Headlines

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