The Hongkong and Shanghai Hotels (HKSE:00045) Days Payable : 91.30 (As of Dec. 2023)

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What is The Hongkong and Shanghai Hotels Days Payable?

The Hongkong and Shanghai Hotels's average Accounts Payable for the six months ended in Dec. 2023 was HK$1,834 Mil. The Hongkong and Shanghai Hotels's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,666 Mil. Hence, The Hongkong and Shanghai Hotels's Days Payable for the six months ended in Dec. 2023 was 91.30.

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

HKSE:00045' s Days Payable Range Over the Past 10 Years
Min: 132.97 Med: 191.58 Max: 293.12
Current: 132.97

During the past 13 years, The Hongkong and Shanghai Hotels's highest Days Payable was 293.12. The lowest was 132.97. And the median was 191.58.

HKSE:00045's Days Payable is ranked better than
75.17% of 753 companies
in the Travel & Leisure industry
Industry Median: 57.9 vs HKSE:00045: 132.97

The Hongkong and Shanghai Hotels's Days Payable declined from Dec. 2022 (214.51) to Dec. 2023 (91.30). It may suggest that The Hongkong and Shanghai Hotels accelerated paying its suppliers.

The Hongkong and Shanghai Hotels Days Payable Historical Data

The historical data trend for The Hongkong and Shanghai 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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The Hongkong and Shanghai Hotels Days Payable Chart

The Hongkong and Shanghai Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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193.78

293.12

274.72

252.96

135.43

The Hongkong and Shanghai 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															239.33	286.62	214.51	252.18	91.30

Competitive Comparison of The Hongkong and Shanghai Hotels's Days Payable

For the Lodging subindustry, The Hongkong and Shanghai 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.

The Hongkong and Shanghai Hotels's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where The Hongkong and Shanghai Hotels's Days Payable falls into.

The Hongkong and Shanghai 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.

The Hongkong and Shanghai 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
=	( (1684	+	1950)	/	2 )	/	4897	*	365
=	1817					/	4897	*	365
=	135.43

The Hongkong and Shanghai 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
=	( (1718	+	1950)	/	2 )	/	3666	*	365 / 2
=	1834					/	3666	*	365 / 2
=	91.30

The Hongkong and Shanghai Hotels Days Payable Related Terms

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The Hongkong and Shanghai Hotels (HKSE:00045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Hongkong and Shanghai Hotels Ltd (HKSE:00045) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HKSHY:USA HKSHF:USA HSG:Germany

Address

2 Ice House Street, 8th Floor, St. George’s Building, Central, Hong Kong, HKG

Website

https://www.hshgroup.com

The Hongkong and Shanghai Hotels Ltd is a hotel owner and operator, domiciled in Hong Kong. The company organises itself into three segments: hotels, commercial properties, and clubs and services. The hotel's segment, which contributes the vast majority of consolidated revenue, includes the company's hotel operations under The Peninsula brand in major cities across the globe, the most significant of which is The Peninsula Hong Kong. The commercial properties segment leases office buildings, residential apartments and retail spaces. Clubs and services operate golf courses, wholesales food, and provides laundry services. Geographically, domestic operations are the most significant contributor to company revenue, followed by Other Asia, and the U.S. and Europe.

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