Regal Hotels International Holdings (HKSE:00078) Days Payable : 116.30 (As of Dec. 2023)

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What is Regal Hotels International Holdings Days Payable?

Regal Hotels International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$381 Mil. Regal Hotels International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$598 Mil. Hence, Regal Hotels International Holdings's Days Payable for the six months ended in Dec. 2023 was 116.30.

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

HKSE:00078' s Days Payable Range Over the Past 10 Years
Min: 65.41 Med: 121.14 Max: 186.78
Current: 122.98

During the past 13 years, Regal Hotels International Holdings's highest Days Payable was 186.78. The lowest was 65.41. And the median was 121.14.

HKSE:00078's Days Payable is ranked better than
73.31% of 753 companies
in the Travel & Leisure industry
Industry Median: 57.9 vs HKSE:00078: 122.98

Regal Hotels International Holdings's Days Payable increased from Dec. 2022 (115.67) to Dec. 2023 (116.30). It may suggest that Regal Hotels International Holdings delayed paying its suppliers.

Regal Hotels International Holdings Days Payable Historical Data

The historical data trend for Regal Hotels International Holdings'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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Regal Hotels International Holdings Days Payable Chart

Regal Hotels International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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114.26

186.78

165.93

149.57

125.06

Regal Hotels International Holdings 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															144.86	157.28	115.67	128.17	116.30

Competitive Comparison of Regal Hotels International Holdings's Days Payable

For the Lodging subindustry, Regal Hotels International Holdings'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.

Regal Hotels International Holdings's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Regal Hotels International Holdings's Days Payable falls into.

Regal Hotels International Holdings 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.

Regal Hotels International Holdings'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
=	( (389.5	+	391.6)	/	2 )	/	1139.9	*	365
=	390.55					/	1139.9	*	365
=	125.06

Regal Hotels International Holdings'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
=	( (371.1	+	391.6)	/	2 )	/	598.4	*	365 / 2
=	381.35					/	598.4	*	365 / 2
=	116.30

Regal Hotels International Holdings Days Payable Related Terms

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Regal Hotels International Holdings (HKSE:00078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Regal Hotels International Holdings Ltd (HKSE:00078) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Yee Wo Street, 11th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.regal.com.hk

Regal Hotels International Holdings Ltd is a holding company. The firm through its subsidiaries is engaged in hotel operation and management businesses. The company has six reportable segments which are Hotel Operation and Management and Hotel Ownership segment; Asset Management; Property Development and Investment; Financial Assets Investments; Aircraft Ownership and Leasing; and Others segment mainly comprise travel agency services. The company has a presence in Hong Kong, Mainland China, and others. Geographically, it receives maximum revenue from Hong Kong.

Regal Hotels International Holdings (HKSE:00078) Headlines

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