Braemar Hotels & Resorts (Braemar Hotels & Resorts) Days Payable : 94.50 (As of Dec. 2023)

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What is Braemar Hotels & Resorts Days Payable?

Braemar Hotels & Resorts's average Accounts Payable for the three months ended in Dec. 2023 was $147.0 Mil. Braemar Hotels & Resorts's Cost of Goods Sold for the three months ended in Dec. 2023 was $141.9 Mil. Hence, Braemar Hotels & Resorts's Days Payable for the three months ended in Dec. 2023 was 94.50.

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

BHR' s Days Payable Range Over the Past 10 Years
Min: 39.01 Med: 73.63 Max: 130.89
Current: 91.14

During the past 13 years, Braemar Hotels & Resorts's highest Days Payable was 130.89. The lowest was 39.01. And the median was 73.63.

BHR's Days Payable is ranked worse than
59.39% of 527 companies
in the REITs industry
Industry Median: 125.84 vs BHR: 91.14

Braemar Hotels & Resorts's Days Payable increased from Dec. 2022 (86.58) to Dec. 2023 (94.50). It may suggest that Braemar Hotels & Resorts delayed paying its suppliers.

Braemar Hotels & Resorts Days Payable Historical Data

The historical data trend for Braemar Hotels & Resorts'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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Braemar Hotels & Resorts Days Payable Chart

Braemar Hotels & Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.00

130.89

83.70

83.21

90.74

Braemar Hotels & Resorts 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															86.58	83.38	89.68	95.09	94.50

Competitive Comparison of Braemar Hotels & Resorts's Days Payable

For the REIT - Hotel & Motel subindustry, Braemar Hotels & Resorts'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.

Braemar Hotels & Resorts's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Braemar Hotels & Resorts's Days Payable distribution charts can be found below:

* The bar in red indicates where Braemar Hotels & Resorts's Days Payable falls into.

Braemar Hotels & Resorts 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.

Braemar Hotels & Resorts'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
=	( (133.978	+	149.867)	/	2 )	/	570.875	*	365
=	141.9225					/	570.875	*	365
=	90.74

Braemar Hotels & Resorts'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
=	( (144.064	+	149.867)	/	2 )	/	141.915	*	365 / 4
=	146.9655					/	141.915	*	365 / 4
=	94.50

Braemar Hotels & Resorts Days Payable Related Terms

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Braemar Hotels & Resorts (Braemar Hotels & Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Braemar Hotels & Resorts Inc (NYSE:BHR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BHRpD.PFD:USA BHRpB.PFD:USA 42V:Germany

Address

14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254

Website

http://www.bhrreit.com

Braemar Hotels & Resorts Inc is a real estate investment trust company that invests in high revenue per available room, or RevPAR, luxury, upper-upscale and upscale hotels in gateway and resort locations. The firm operates in various U.S. states such as California, Texas, Washington, Philadelphia, Florida, and Illinois as well as Washington, D.C. and St. Thomas, U.S. Virgin Islands. The company operates through its direct hotel investment segment. Its revenue streams include rooms, food and beverage, and other. The firm's hotels operate under various brands, such as Marriott, Hilton, Courtyard, and Renaissance, among others.

Executives

Abteen Vaziri	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Richard J Stockton	officer: Chief Executive Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Montgomery J Bennett	director, officer: Chief Executive Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Mary Candace Evans	director	11407 WEST RICKS CIRCLE, DALLAS TX 75230
Rebeca M Johnson	director	14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75240
Curtis B Mcwilliams	director	450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Alex Rose	officer: Exec. VP, GC and Secretary	14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75254
Deric S Eubanks	officer: CFO and Treasurer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Stefani D Carter	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Mark Nunneley	officer: Chief Accounting Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Robert G. Haiman	officer: Exec. VP, GC and Secretary	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Jeremy Welter	officer: EVP-Asset Management	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Darrouzet Sarah Zubiate	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Daniel B. Silvers	director	1199 PARK AVENUE #17A, NEW YORK NY 10128
Lawrence A Cunningham	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060