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Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Days Payable : 36.47 (As of Dec. 2022)


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What is Hoteliere et Immobiliere de Nice SHIN Days Payable?

Hoteliere et Immobiliere de Nice SHIN's average Accounts Payable for the six months ended in Dec. 2022 was €0.24 Mil. Hoteliere et Immobiliere de Nice SHIN's Cost of Goods Sold for the six months ended in Dec. 2022 was €2.42 Mil. Hence, Hoteliere et Immobiliere de Nice SHIN's Days Payable for the six months ended in Dec. 2022 was 18.23.

The historical rank and industry rank for Hoteliere et Immobiliere de Nice SHIN's Days Payable or its related term are showing as below:

XPAR:MLHIN' s Days Payable Range Over the Past 10 Years
Min: 28.26   Med: 45.04   Max: 54.47
Current: 36.47

During the past 7 years, Hoteliere et Immobiliere de Nice SHIN's highest Days Payable was 54.47. The lowest was 28.26. And the median was 45.04.

XPAR:MLHIN's Days Payable is ranked worse than
67.46% of 756 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs XPAR:MLHIN: 36.47

Hoteliere et Immobiliere de Nice SHIN's Days Payable declined from Dec. 2020 (45.93) to Dec. 2022 (36.47). It may suggest that Hoteliere et Immobiliere de Nice SHIN accelerated paying its suppliers.

Hoteliere et Immobiliere de Nice SHIN Days Payable Historical Data

The historical data trend for Hoteliere et Immobiliere de Nice SHIN'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.

Hoteliere et Immobiliere de Nice SHIN Days Payable Chart

Hoteliere et Immobiliere de Nice SHIN Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 54.47 43.35 45.93 45.79 36.47

Hoteliere et Immobiliere de Nice SHIN Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable Get a 7-Day Free Trial 54.47 43.35 45.93 45.79 36.47

Competitive Comparison of Hoteliere et Immobiliere de Nice SHIN's Days Payable

For the Lodging subindustry, Hoteliere et Immobiliere de Nice SHIN'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.

Hoteliere et Immobiliere de Nice SHIN's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hoteliere et Immobiliere de Nice SHIN's Days Payable distribution charts can be found below:

* The bar in red indicates where Hoteliere et Immobiliere de Nice SHIN's Days Payable falls into.


Hoteliere et Immobiliere de Nice SHIN 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.

Hoteliere et Immobiliere de Nice SHIN'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
=( (0.193 + 0.291) / 2 ) / 2.422*365
=0.242 / 2.422*365
=36.47

Hoteliere et Immobiliere de Nice SHIN's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.193 + 0.291) / 2 ) / 2.422*365 / 2
=0.242 / 2.422*365 / 2
=18.23

* 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.

Hoteliere et Immobiliere de Nice SHIN Days Payable Related Terms

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Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hoteliere et Immobiliere de Nice SA SHIN (XPAR:MLHIN) » Definitions » Days Payable
Comparable Companies
XPAR:HDP XPAR:MLHOT MAR HLT HTHT LSE:IHG H XPAR:AC LSE:WTB BOM:500850 WH CHH BKK:MINT SHSE:600754 SZSE:000069 ADX:ADNH SAU:4100 SHSE:600258 HKSE:00069 SGX:M04
Traded in Other Exchanges
N/A
Address
50 boulevard Victor Hugo, Nice, FRA, 06000
Website
http://www.shin-hotels.com
Hoteliere et Immobiliere de Nice SA SHIN operates in the hotel industry. It provides accommodation, spa services, conference rooms, gym, bar area, among others.

Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Headlines

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