Melia Hotels International (XMAD:MEL) Days Payable : 687.57 (As of Mar. 2024)

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What is Melia Hotels International Days Payable?

Melia Hotels International's average Accounts Payable for the three months ended in Mar. 2024 was €373 Mil. Melia Hotels International's Cost of Goods Sold for the three months ended in Mar. 2024 was €50 Mil. Hence, Melia Hotels International's Days Payable for the three months ended in Mar. 2024 was 687.57.

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

XMAD:MEL' s Days Payable Range Over the Past 10 Years
Min: 391.94 Med: 640.19 Max: 1702.73
Current: 719.38

During the past 13 years, Melia Hotels International's highest Days Payable was 1702.73. The lowest was 391.94. And the median was 640.19.

XMAD:MEL's Days Payable is ranked better than
94.72% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.94 vs XMAD:MEL: 719.38

Melia Hotels International's Days Payable declined from Mar. 2023 (729.12) to Mar. 2024 (687.57). It may suggest that Melia Hotels International accelerated paying its suppliers.

Melia Hotels International Days Payable Historical Data

The historical data trend for Melia Hotels International'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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Melia Hotels International Days Payable Chart

Melia Hotels International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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588.17

1,702.73

991.80

643.02

637.36

Melia Hotels International 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															729.12	883.57	823.16	677.61	687.57

Competitive Comparison of Melia Hotels International's Days Payable

For the Lodging subindustry, Melia Hotels International'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.

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

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

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

Melia Hotels International 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.

Melia Hotels International'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
=	( (358.767	+	372.985)	/	2 )	/	209.528	*	365
=	365.876					/	209.528	*	365
=	637.36

Melia Hotels International'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
=	( (372.985	+	0)	/	1 )	/	49.5	*	365 / 4
=	372.985					/	49.5	*	365 / 4
=	687.57

Melia Hotels International Days Payable Related Terms

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Melia Hotels International (XMAD:MEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melia Hotels International SA (XMAD:MEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SMIZF:USA MELe:UK 0MKO:UK MEL:Germany

Address

Gremio Toneleros, 24, Poligono Son Castello, Palma de Mallorca, Baleares, ESP, 07009

Website

https://www.melia.com

Melia Hotels International SA is a Spanish owner and operator of hotels. The company operates midscale, upscale, and premium hotels across several brands, including Sol Hotels & Resorts, Melia Hotels & Resorts, and Gran Melia. Melia may either own or lease the hotels it operates, and hotel operation contributes the majority of company revenue. In addition, hotel owners may operate hotels under a Melia brand in a franchise agreement, or can contract Melia's management services to operate the hotel on its behalf. The company generates approximately half of its revenue in Spain, and the rest from America and the EMEA region.

Melia Hotels International (XMAD:MEL) Headlines

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