Diamondrock Hospitality Co (Diamondrock Hospitality Co) Days Sales Outstanding

: 54.08 (As of Dec. 2023)

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Diamondrock Hospitality Co's average Accounts Receivable for the three months ended in Dec. 2023 was $156 Mil. Diamondrock Hospitality Co's Revenue for the three months ended in Dec. 2023 was $264 Mil. Hence, Diamondrock Hospitality Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.08.

The historical rank and industry rank for Diamondrock Hospitality Co's Days Sales Outstanding or its related term are showing as below:

DRH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.19 Med: 34.65 Max: 111.16
Current: 54.49

During the past 13 years, Diamondrock Hospitality Co's highest Days Sales Outstanding was 111.16. The lowest was 31.19. And the median was 34.65.

DRH's Days Sales Outstanding is ranked worse than
74.56% of 621 companies
in the REITs industry
Industry Median: 22.29 vs DRH: 54.49

Diamondrock Hospitality Co's Days Sales Outstanding declined from Dec. 2022 (64.32) to Dec. 2023 (54.08).

Diamondrock Hospitality Co Days Sales Outstanding Historical Data

The historical data trend for Diamondrock Hospitality Co's Days Sales Outstanding 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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Diamondrock Hospitality Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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34.65

111.16

64.40

54.57

Diamondrock Hospitality Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															64.32	61.02	49.06	54.76	54.08

Competitive Comparison

For the REIT - Hotel & Motel subindustry, Diamondrock Hospitality Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Diamondrock Hospitality Co Days Sales Outstanding Distribution

For the REITs industry and Real Estate sector, Diamondrock Hospitality Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Diamondrock Hospitality Co's Days Sales Outstanding falls into.

Diamondrock Hospitality Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Diamondrock Hospitality Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (176.708	+	144.689)	/	2 )	/	1074.867	*	365
=	160.6985					/	1074.867	*	365
=	54.57

Diamondrock Hospitality Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (167.695	+	144.689)	/	2 )	/	263.547	*	365 / 4
=	156.192					/	263.547	*	365 / 4
=	54.08

Diamondrock Hospitality Co (NYSE:DRH) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Diamondrock Hospitality Co Days Sales Outstanding Related Terms

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Diamondrock Hospitality Co (Diamondrock Hospitality Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diamondrock Hospitality Co (NYSE:DRH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DRHpA.PFD:USA

Address

2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814

Website

https://www.drhc.com

Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

Executives

Mark W Brugger	officer: Chief Financial Officer	C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 3000, BETHESDA MD 20817
Justin L. Leonard	officer: EVP & Chief Operating Officer	C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
William J Tennis	officer: EVP and General Counsel	DIAMONDROCK HOSPITALITY COMPANY, 6903 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Tabassum Zalotrawala	director	610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Briony R. Quinn	officer: Chief Accounting Officer	DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Troy Furbay	officer: Chief Investment Officer	DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METGRO CENTER, SUITE 1500, BETHESDA MD 20814
Michael A. Hartmeier	director	C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Jeffrey Donnelly	officer: EVP & Chief Financial Officer	C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Maureen L Mcavey	director	C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 300, BETHESDA MD 20817
Kathleen Wayton	director	C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Gilbert T Ray	director	901 N GLEBE ROAD, ARLINGTON VA 22203
Jay Lecoryelle Johnson	officer: EVP & Chief Financial Officer	C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Thomas G. Healy	officer: EVP & Chief Operating Officer	DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Sean M Mahoney	officer: CAO and Corporate Controller	3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
William Joseph Shaw	director	6649 WESTWOOD BLVD., ORLANDO FL 32821