BTG Hotels (Group) Co (SHSE:600258) Days Payable : 9.46 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is BTG Hotels (Group) Co Days Payable?

BTG Hotels (Group) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥121 Mil. BTG Hotels (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,170 Mil. Hence, BTG Hotels (Group) Co's Days Payable for the three months ended in Mar. 2024 was 9.46.

The historical rank and industry rank for BTG Hotels (Group) Co's Days Payable or its related term are showing as below:

SHSE:600258' s Days Payable Range Over the Past 10 Years
Min: 8.77 Med: 52.16 Max: 131.03
Current: 9.38

During the past 13 years, BTG Hotels (Group) Co's highest Days Payable was 131.03. The lowest was 8.77. And the median was 52.16.

SHSE:600258's Days Payable is ranked worse than
93.62% of 752 companies
in the Travel & Leisure industry
Industry Median: 59.82 vs SHSE:600258: 9.38

BTG Hotels (Group) Co's Days Payable increased from Mar. 2023 (9.29) to Mar. 2024 (9.46). It may suggest that BTG Hotels (Group) Co delayed paying its suppliers.

BTG Hotels (Group) Co Days Payable Historical Data

The historical data trend for BTG Hotels (Group) 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.

* Premium members only.

BTG Hotels (Group) Co Days Payable Chart

BTG Hotels (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

88.31

9.91

8.77

9.02

8.98

BTG Hotels (Group) 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															9.29	9.21	9.49	9.72	9.46

Competitive Comparison of BTG Hotels (Group) Co's Days Payable

For the Lodging subindustry, BTG Hotels (Group) 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.

BTG Hotels (Group) Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BTG Hotels (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where BTG Hotels (Group) Co's Days Payable falls into.

BTG Hotels (Group) 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.

BTG Hotels (Group) 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
=	( (115.106	+	122.207)	/	2 )	/	4822.474	*	365
=	118.6565					/	4822.474	*	365
=	8.98

BTG Hotels (Group) 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
=	( (122.207	+	120.412)	/	2 )	/	1170.236	*	365 / 4
=	121.3095					/	1170.236	*	365 / 4
=	9.46

BTG Hotels (Group) Co Days Payable Related Terms

Thank you for viewing the detailed overview of BTG Hotels (Group) Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

BTG Hotels (Group) Co (SHSE:600258) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » BTG Hotels (Group) Co Ltd (SHSE:600258) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Fuxingmennei Boulevard, Xicheng District, Beijing, CHN, 100031

Website

http://www.btghotels.com

BTG Hotels (Group) Co Ltd engages in investment and management; hotel operation and management; property management; renting commercial premises; tourism services; development and sales of tourism products; taxi passenger transport; information consulting; exhibition and exhibition activities; catering services; design, production, agency, publishing domestic And foreign businessmen's advertising in China.

BTG Hotels (Group) Co (SHSE:600258) Headlines

No Headlines