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Constantinou Bros Hotels (CYS:CBH) Days Payable : 137.91 (As of Dec. 2023)


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What is Constantinou Bros Hotels Days Payable?

Constantinou Bros Hotels's average Accounts Payable for the six months ended in Dec. 2023 was €14.52 Mil. Constantinou Bros Hotels's Cost of Goods Sold for the six months ended in Dec. 2023 was €19.21 Mil. Hence, Constantinou Bros Hotels's Days Payable for the six months ended in Dec. 2023 was 137.91.

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

CYS:CBH' s Days Payable Range Over the Past 10 Years
Min: 1.41   Med: 6.31   Max: 100.8
Current: 100.8

During the past 13 years, Constantinou Bros Hotels's highest Days Payable was 100.80. The lowest was 1.41. And the median was 6.31.

CYS:CBH's Days Payable is ranked better than
65.65% of 754 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs CYS:CBH: 100.80

Constantinou Bros Hotels's Days Payable increased from Dec. 2022 (86.25) to Dec. 2023 (137.91). It may suggest that Constantinou Bros Hotels delayed paying its suppliers.


Constantinou Bros Hotels Days Payable Historical Data

The historical data trend for Constantinou Bros 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.

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Constantinou Bros Hotels Days Payable Chart

Constantinou Bros Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 11.19 6.22 3.41 57.63

Constantinou Bros Hotels Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.09 116.31 86.25 104.08 137.91

Competitive Comparison of Constantinou Bros Hotels's Days Payable

For the Lodging subindustry, Constantinou Bros 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.


Constantinou Bros Hotels's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Constantinou Bros Hotels's Days Payable falls into.



Constantinou Bros 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.

Constantinou Bros Hotels'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
=( (0.39 + 10.825) / 2 ) / 35.518*365
=5.6075 / 35.518*365
=57.63

Constantinou Bros Hotels'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (18.21 + 10.825) / 2 ) / 19.211*365 / 2
=14.5175 / 19.211*365 / 2
=137.91

* 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.


Constantinou Bros Hotels Days Payable Related Terms

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Constantinou Bros Hotels (CYS:CBH) Business Description

Traded in Other Exchanges
N/A
Address
77, Poseidonos Street, P.O.Box 60182, Kato Pafos, CYP, 8101
Constantinou Bros Hotels Ltd is a Cyprus-based company engaged in the hotel industry. It owns and manages the following hotels: Athena Beach Hotel, Athena Royal Beach Hotel, Pioneer Beach Hotel, and Asimina Suites Hotel. It offers a range of holiday services, organization of weddings and events, as well as an equipped conference center.