Tropical Resorts International (XPTY:TRES) Days Payable : 27.49 (As of Dec. 2023)

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What is Tropical Resorts International Days Payable?

Tropical Resorts International's average Accounts Payable for the three months ended in Dec. 2023 was $0.24 Mil. Tropical Resorts International's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.81 Mil. Hence, Tropical Resorts International's Days Payable for the three months ended in Dec. 2023 was 27.49.

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

XPTY:TRES' s Days Payable Range Over the Past 10 Years
Min: 19.48 Med: 27.41 Max: 69.18
Current: 19.48

During the past 13 years, Tropical Resorts International's highest Days Payable was 69.18. The lowest was 19.48. And the median was 27.41.

XPTY:TRES's Days Payable is ranked worse than
84.11% of 755 companies
in the Travel & Leisure industry
Industry Median: 58.43 vs XPTY:TRES: 19.48

Tropical Resorts International's Days Payable increased from Dec. 2022 (14.11) to Dec. 2023 (27.49). It may suggest that Tropical Resorts International delayed paying its suppliers.

Tropical Resorts International Days Payable Historical Data

The historical data trend for Tropical Resorts 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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Tropical Resorts International Days Payable Chart

Tropical Resorts International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.85

56.27

69.25

20.04

23.08

Tropical Resorts International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															14.11	11.81	17.72	20.12	27.49

Competitive Comparison of Tropical Resorts International's Days Payable

For the Lodging subindustry, Tropical Resorts 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.

Tropical Resorts International's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Tropical Resorts International's Days Payable falls into.

Tropical Resorts 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.

Tropical Resorts 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
=	( (0.147	+	0.309)	/	2 )	/	3.605	*	365
=	0.228					/	3.605	*	365
=	23.08

Tropical Resorts International's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.179	+	0.309)	/	2 )	/	0.81	*	365 / 4
=	0.244					/	0.81	*	365 / 4
=	27.49

Tropical Resorts International Days Payable Related Terms

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

Tropical Resorts International (XPTY:TRES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tropical Resorts International Inc (XPTY:TRES) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Township of Cristobal, PO BOX. 0816, Town of Gamboa, Panama, Colon Province, PAN, 02009

Website

http://www.gamboaresort.com

Tropical Resorts International Inc operates resorts mainly in Gamboa, Panama. The company operates Gamboa Rainforest resort that offers rooms and suites, swimming pool and gift shop, dining, and meetings and events space, as well as other amenities.

Tropical Resorts International (XPTY:TRES) Headlines

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