Hostmore (LSE:MORE) Days Payable : 117.17 (As of Dec. 2023)

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What is Hostmore Days Payable?

Hostmore's average Accounts Payable for the six months ended in Dec. 2023 was £13.1 Mil. Hostmore's Cost of Goods Sold for the six months ended in Dec. 2023 was £20.4 Mil. Hence, Hostmore's Days Payable for the six months ended in Dec. 2023 was 117.17.

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

LSE:MORE' s Days Payable Range Over the Past 10 Years
Min: 38.54 Med: 61.63 Max: 179.32
Current: 90.9

During the past 6 years, Hostmore's highest Days Payable was 179.32. The lowest was 38.54. And the median was 61.63.

LSE:MORE's Days Payable is ranked better than
87.35% of 340 companies
in the Restaurants industry
Industry Median: 38.035 vs LSE:MORE: 90.90

Hostmore's Days Payable increased from Dec. 2022 (100.32) to Dec. 2023 (117.17). It may suggest that Hostmore delayed paying its suppliers.

Hostmore Days Payable Historical Data

The historical data trend for Hostmore'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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Hostmore Days Payable Chart

Hostmore Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.83

77.00

179.32

129.09

46.26

Hostmore Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					166.27	184.95	100.32	109.65	117.17

Competitive Comparison of Hostmore's Days Payable

For the Restaurants subindustry, Hostmore'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.

Hostmore's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Hostmore's Days Payable distribution charts can be found below:

* The bar in red indicates where Hostmore's Days Payable falls into.

Hostmore 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.

Hostmore'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
=	( (5.87	+	5.019)	/	2 )	/	42.959	*	365
=	5.4445					/	42.959	*	365
=	46.26

Hostmore'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
=	( (21.207	+	5.019)	/	2 )	/	20.425	*	365 / 2
=	13.113					/	20.425	*	365 / 2
=	117.17

Hostmore Days Payable Related Terms

Thank you for viewing the detailed overview of Hostmore's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hostmore (LSE:MORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Hostmore PLC (LSE:MORE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeoman Way, Highdown House, Worthing, West Sussex, GBR, BN99 3HH

Website

https://www.hostmoregroup.com

Hostmore PLC is engaged in the hospitality business with its current operations focused on the American-themed casual dining brand, Fridays, and the cocktail-led bar and restaurant brand, 63rd+1st. Fridays brand offers authentic American food, an innovative cocktail list, and a high level of personal service. 63rd+1st brand offers a wide range of premium cocktails, spirits, beers, and wine.

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