Safestay (LSE:SSTY) Days Payable : 300.35 (As of Jun. 2023)

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What is Safestay Days Payable?

Safestay's average Accounts Payable for the six months ended in Jun. 2023 was £3.10 Mil. Safestay's Cost of Goods Sold for the six months ended in Jun. 2023 was £1.88 Mil. Hence, Safestay's Days Payable for the six months ended in Jun. 2023 was 300.35.

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

LSE:SSTY' s Days Payable Range Over the Past 10 Years
Min: 75.68 Med: 94.81 Max: 407.71
Current: 249.12

During the past 9 years, Safestay's highest Days Payable was 407.71. The lowest was 75.68. And the median was 94.81.

LSE:SSTY's Days Payable is ranked better than
86.59% of 753 companies
in the Travel & Leisure industry
Industry Median: 57.9 vs LSE:SSTY: 249.12

Safestay's Days Payable increased from Jun. 2022 (289.66) to Jun. 2023 (300.35). It may suggest that Safestay delayed paying its suppliers.

Safestay Days Payable Historical Data

The historical data trend for Safestay'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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Safestay Days Payable Chart

Safestay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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96.49

93.12

407.71

208.62

75.68

Safestay Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial													7,808.39	289.58	289.66	118.31	300.35

Competitive Comparison of Safestay's Days Payable

For the Lodging subindustry, Safestay'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.

Safestay's Days Payable Distribution in the Travel & Leisure Industry

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

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

Safestay 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.

Safestay's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.64	+	0.663)	/	2 )	/	3.142	*	365
=	0.6515					/	3.142	*	365
=	75.68

Safestay's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.663	+	5.535)	/	2 )	/	1.883	*	365 / 2
=	3.099					/	1.883	*	365 / 2
=	300.35

Safestay Days Payable Related Terms

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Safestay (LSE:SSTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Safestay PLC (LSE:SSTY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1a Kingsley Way, London, GBR, N2 0FW

Website

https://www.safestay.com

Safestay PLC owns and operates a luxurious hostel group in the United Kingdom. It operates backpacker tourist hostels under the Safestay brand. Its property portfolio includes Safestay London Elephant and Castle, Pisa, Glassglow and York among others providing four, six, eight, twelve bunk bedded dorms with en-suite facilities, as well as single, twin, double, and family bunk rooms with tea/coffee making facilities and televisions. Its segments are Hostel accommodation, Food and Beverages sales, Rental Income and Other income. Geographically, it has operations in the UK and Europe and generates a vast majority of its revenue from the UK.

Safestay (LSE:SSTY) Headlines

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