InterContinental Hotels Group (LSE:IHG) Days Payable

: 42.53 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

InterContinental Hotels Group's average Accounts Payable for the six months ended in Dec. 2023 was £290 Mil. InterContinental Hotels Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £1,243 Mil. Hence, InterContinental Hotels Group's Days Payable for the six months ended in Dec. 2023 was 42.53.

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

LSE:IHG' s Days Payable Range Over the Past 10 Years
Min: 16.22 Med: 39.49 Max: 72.16
Current: 33.79

During the past 13 years, InterContinental Hotels Group's highest Days Payable was 72.16. The lowest was 16.22. And the median was 39.49.

LSE:IHG's Days Payable is ranked worse than
70.74% of 752 companies
in the Travel & Leisure industry
Industry Median: 60.83 vs LSE:IHG: 33.79

InterContinental Hotels Group's Days Payable declined from Dec. 2022 (42.93) to Dec. 2023 (42.53). It may suggest that InterContinental Hotels Group accelerated paying its suppliers.

InterContinental Hotels Group Days Payable Historical Data

The historical data trend for InterContinental Hotels Group'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.

InterContinental Hotels Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

39.36

16.92

16.98

16.34

16.22

InterContinental Hotels Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																49.53	40.31	42.93	42.64	42.53

Competitive Comparison

For the Lodging subindustry, InterContinental Hotels Group'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.

InterContinental Hotels Group Days Payable Distribution

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

* The bar in red indicates where InterContinental Hotels Group's Days Payable falls into.

InterContinental Hotels Group 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.

InterContinental Hotels Group'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
=	( (124.792	+	100.33)	/	2 )	/	2532.74	*	365
=	112.561					/	2532.74	*	365
=	16.22

InterContinental Hotels Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (479.16	+	100.33)	/	2 )	/	1243.46	*	365 / 2
=	289.745					/	1243.46	*	365 / 2
=	42.53

InterContinental Hotels Group Days Payable Related Terms

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

InterContinental Hotels Group (LSE:IHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » InterContinental Hotels Group PLC (LSE:IHG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ICHGF:USA IHG:USA IHGl:UK IC1B:Germany I1HG34:Brazil

Address

1 Windsor Dials, Arthur Road, Windsor, Berkshire, GBR, SL4 1RS

Website

http://www.ihgplc.com

InterContinental Hotels Group operates 930,000 rooms across 18 brands addressing the midscale through luxury segments, as of Sept. 30, 2023. Holiday Inn and Holiday Inn Express constitute the largest brand, while Hotel Indigo, Even, Hualuxe, Kimpton, and Voco are newer lifestyle brands experiencing strong demand. The company launched a midscale brand, Avid, in summer 2017 and closed on a 51% stake in Regent Hotels in July 2018. It acquired Six Senses in February 2019 and launched another midscale brand, Garner, in 2023. Managed and franchised represent 99% of total rooms. As of Sept. 30, 2023, the Americas represents 56% of total rooms, with greater China accounting for 18%; Europe, Asia, the Middle East, and Africa make up 26%.