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Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT)
Days Payable
9.93 (As of Mar. 2016)

Starwood Hotels & Resorts Worldwide Inc's payable for the three months ended in Mar. 2016 was $115 Mil. Starwood Hotels & Resorts Worldwide Inc's cost of goods sold for the three months ended in Mar. 2016 was $1,057 Mil. Hence, Starwood Hotels & Resorts Worldwide Inc's days payable for the three months ended in Mar. 2016 was 9.93.

HOT' s Days Payable Range Over the Past 10 Years
Min: 8.34   Max: 16.59
Current: 9.9

8.34
16.59

During the past 13 years, Starwood Hotels & Resorts Worldwide Inc's highest Days Payable was 16.59. The lowest was 8.34. And the median was 12.53.

HOT's Days Payable is ranked lower than
88% of the 563 Companies
in the Global Lodging industry.

( Industry Median: 45.23 vs. HOT: 9.90 )

Starwood Hotels & Resorts Worldwide Inc's days payable increased from Mar. 2015 (9.12) to Mar. 2016 (9.93). It may suggest that Starwood Hotels & Resorts Worldwide Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Starwood Hotels & Resorts Worldwide Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=98/4255*365
=8.41

Starwood Hotels & Resorts Worldwide Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=115/1057*365 / 4
=9.93

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Starwood Hotels & Resorts Worldwide Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 15.0416.5914.3613.7712.8612.209.208.458.348.41

Starwood Hotels & Resorts Worldwide Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 8.686.467.097.378.619.127.878.838.609.93
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