GL (GUORY) Days Payable : 110.05 (As of Dec. 2020)

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

What is GL Days Payable?

GL's average Accounts Payable for the six months ended in Dec. 2020 was $18.15 Mil. GL's Cost of Goods Sold for the six months ended in Dec. 2020 was $30.10 Mil. Hence, GL's Days Payable for the six months ended in Dec. 2020 was 110.05.

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

GUORY's Days Payable is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 59.82
* Ranked among companies with meaningful Days Payable only.

GL's Days Payable increased from Dec. 2019 (57.29) to Dec. 2020 (110.05). It may suggest that GL delayed paying its suppliers.

GL Days Payable Historical Data

The historical data trend for GL'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.

GL Days Payable Chart

GL Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Days Payable

Get a 7-Day Free Trial

77.98

74.16

39.64

17.35

10.61

GL Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Days Payable	Get a 7-Day Free Trial															68.09	30.42	57.29	93.67	110.05

Competitive Comparison of GL's Days Payable

For the Lodging subindustry, GL'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.

GL's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where GL's Days Payable falls into.

GL 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.

GL's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

	Days Payable (A: Jun. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2019 )	+	Accounts Payable (A: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2020 )	*	Days in Period
=	( (5	+	4.3)	/	2 )	/	160	*	365
=	4.65					/	160	*	365
=	10.61

GL's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

	Days Payable (Q: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2020 )	+	Accounts Payable (Q: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
=	( (4.3	+	32)	/	2 )	/	30.1	*	365 / 2
=	18.15					/	30.1	*	365 / 2
=	110.05

GL Days Payable Related Terms

Thank you for viewing the detailed overview of GL's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

GL (GUORY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » GL Ltd (OTCPK:GUORY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Wallich Street, No. 15-02 Guoco Tower, Singapore, SGP, 078881

Website

https://www.gl-grp.com

GL Ltd is a holding company, primarily operating in the lodging industry. The company has several business segments that include hotels, oil & gas, property development, and Others. The hotel segment wholly owns, manages, and leases hotel chains in the United Kingdom. The oil & gas segment owns the rights to royalties for the production of oil and natural gas in the Bass Strait in Australia. The property development section owns properties in Hawaii and London. The Others segment covers the Group's other investments, treasury operations, and corporate office. The company generates the vast majority of its revenue in the U.K.

GL (GUORY) Headlines

No Headlines