Diamondrock Hospitality Co (FRA:HBO) Days Payable : 115.86 (As of Mar. 2024)

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What is Diamondrock Hospitality Co Days Payable?

Diamondrock Hospitality Co's average Accounts Payable for the three months ended in Mar. 2024 was €144 Mil. Diamondrock Hospitality Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €113 Mil. Hence, Diamondrock Hospitality Co's Days Payable for the three months ended in Mar. 2024 was 115.86.

The historical rank and industry rank for Diamondrock Hospitality Co's Days Payable or its related term are showing as below:

FRA:HBO' s Days Payable Range Over the Past 10 Years
Min: 67.98 Med: 94.25 Max: 178.55
Current: 117.29

During the past 13 years, Diamondrock Hospitality Co's highest Days Payable was 178.55. The lowest was 67.98. And the median was 94.25.

FRA:HBO's Days Payable is ranked worse than
53.54% of 523 companies
in the REITs industry
Industry Median: 128.81 vs FRA:HBO: 117.29

Diamondrock Hospitality Co's Days Payable declined from Mar. 2023 (129.74) to Mar. 2024 (115.86). It may suggest that Diamondrock Hospitality Co accelerated paying its suppliers.

Diamondrock Hospitality Co Days Payable Historical Data

The historical data trend for Diamondrock Hospitality Co'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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Diamondrock Hospitality Co Days Payable Chart

Diamondrock Hospitality Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.78

166.70

172.07

125.09

123.48

Diamondrock Hospitality Co 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															129.74	114.21	120.77	123.01	115.86

Competitive Comparison of Diamondrock Hospitality Co's Days Payable

For the REIT - Hotel & Motel subindustry, Diamondrock Hospitality Co'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.

Diamondrock Hospitality Co's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Diamondrock Hospitality Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Diamondrock Hospitality Co's Days Payable falls into.

Diamondrock Hospitality Co 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.

Diamondrock Hospitality Co'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
=	( (157.461	+	143.13)	/	2 )	/	444.274	*	365
=	150.2955					/	444.274	*	365
=	123.48

Diamondrock Hospitality Co'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
=	( (143.13	+	144.536)	/	2 )	/	113.284	*	365 / 4
=	143.833					/	113.284	*	365 / 4
=	115.86

Diamondrock Hospitality Co Days Payable Related Terms

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Diamondrock Hospitality Co (FRA:HBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diamondrock Hospitality Co (FRA:HBO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DRHpA.PFD:USA DRH:USA

Address

2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814

Website

https://www.drhc.com

Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

Diamondrock Hospitality Co (FRA:HBO) Headlines

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