LuxUrban Hotels (LuxUrban Hotels) Days Payable : 16.71 (As of Dec. 2023)

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What is LuxUrban Hotels Days Payable?

LuxUrban Hotels's average Accounts Payable for the three months ended in Dec. 2023 was $7.7 Mil. LuxUrban Hotels's Cost of Goods Sold for the three months ended in Dec. 2023 was $41.9 Mil. Hence, LuxUrban Hotels's Days Payable for the three months ended in Dec. 2023 was 16.71.

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

LUXH' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 26.13
Current: 26.13

During the past 5 years, LuxUrban Hotels's highest Days Payable was 26.13. The lowest was 0.00. And the median was 0.00.

LUXH's Days Payable is ranked worse than
77.5% of 751 companies
in the Travel & Leisure industry
Industry Median: 60.61 vs LUXH: 26.13

LuxUrban Hotels's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (16.71). It may suggest that LuxUrban Hotels delayed paying its suppliers.

LuxUrban Hotels Days Payable Historical Data

The historical data trend for LuxUrban Hotels'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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LuxUrban Hotels Days Payable Chart

LuxUrban Hotels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

LuxUrban Hotels Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										-	38.05	30.63	29.95	16.71

Competitive Comparison of LuxUrban Hotels's Days Payable

For the Lodging subindustry, LuxUrban Hotels'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.

LuxUrban Hotels's Days Payable Distribution in the Travel & Leisure Industry

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

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

LuxUrban Hotels 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.

LuxUrban Hotels'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	+	0)	/	1 )	/	104.465	*	365
=	0					/	104.465	*	365
=	0.00

LuxUrban Hotels'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
=	( (7.678	+	0)	/	1 )	/	41.934	*	365 / 4
=	7.678					/	41.934	*	365 / 4
=	16.71

LuxUrban Hotels Days Payable Related Terms

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LuxUrban Hotels (LuxUrban Hotels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » LuxUrban Hotels Inc (NAS:LUXH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2125 Biscayne Boulevard, Suite 253, Miami, FL, USA, 33137

Website

https://www.luxurbanhotels.com

LuxUrban Hotels Inc utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.

Executives

Brian Ferdinand	director, officer: Chief Executive Officer	224 MUTTONTOWN EASTWOODS ROAD, MUTTONTOWN NY 11791
Leonard Toboroff	director	39 N MOORE ST, STE 6B, NEW YORK NY 10013
Kevin Michael Potts	officer: Chief Revenue Officer	2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Donald Engel	director	570 PARK AVE, NEW YORK NY 10065
Shanoop Kothari	officer: Chief Financial Officer	2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Aimee Nelson	director	2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jeffrey Webb	director	6589 GREEN SHADOWS, STE 6B, MEMPHIS TN 38119
David Gurfein	officer: President & COO	2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Karl Rothman	officer: Chief Accounting Officer	2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jimmie Chatmon	director, officer: Executive Vice President	2125 BISCAYNE BLVD, MIAMI FL 33137
Kevin Mikolashek	officer: Chief Compliance Officer	2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
David Edward Berg	director	2125 BISCAYNE BLVD., SUITE 253, MIAMI FL 33137