Condor Hospitality Trust (Condor Hospitality Trust) Days Payable : 75.93 (As of Sep. 2021)

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What is Condor Hospitality Trust Days Payable?

Condor Hospitality Trust's average Accounts Payable for the three months ended in Sep. 2021 was $8.41 Mil. Condor Hospitality Trust's Cost of Goods Sold for the three months ended in Sep. 2021 was $10.11 Mil. Hence, Condor Hospitality Trust's Days Payable for the three months ended in Sep. 2021 was 75.93.

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

CDORO.PFD' s Days Payable Range Over the Past 10 Years
Min: 49.78 Med: 58.49 Max: 94.31
Current: 77.41

During the past 13 years, Condor Hospitality Trust's highest Days Payable was 94.31. The lowest was 49.78. And the median was 58.49.

CDORO.PFD's Days Payable is not ranked
in the REITs industry.
Industry Median: 128.345 vs CDORO.PFD: 77.41

Condor Hospitality Trust's Days Payable declined from Sep. 2020 (99.75) to Sep. 2021 (75.93). It may suggest that Condor Hospitality Trust accelerated paying its suppliers.

Condor Hospitality Trust Days Payable Historical Data

The historical data trend for Condor Hospitality Trust'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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Condor Hospitality Trust Days Payable Chart

Condor Hospitality Trust Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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49.78

57.72

55.10

51.12

67.26

Condor Hospitality Trust Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Days Payable	Get a 7-Day Free Trial															99.75	85.03	67.24	69.39	75.93

Competitive Comparison of Condor Hospitality Trust's Days Payable

For the REIT - Hotel & Motel subindustry, Condor Hospitality Trust'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.

Condor Hospitality Trust's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Condor Hospitality Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where Condor Hospitality Trust's Days Payable falls into.

Condor Hospitality Trust 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.

Condor Hospitality Trust's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (5.523	+	5.372)	/	2 )	/	29.563	*	365
=	5.4475					/	29.563	*	365
=	67.26

Condor Hospitality Trust's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

	Days Payable (Q: Sep. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2021 )	+	Accounts Payable (Q: Sep. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
=	( (8.096	+	8.73)	/	2 )	/	10.11	*	365 / 4
=	8.413					/	10.11	*	365 / 4
=	75.93

Condor Hospitality Trust Days Payable Related Terms

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Condor Hospitality Trust (Condor Hospitality Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Condor Hospitality Trust Inc (NAS:CDORO.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1800 West Pasewalk Avenue, Suite 200, Norfolk, NE, USA, 68701

Website

http://www.condorhospitality.com

Condor Hospitality Trust Inc is a US-based self-administered real estate investment trust. It is engaged in the investment and ownership of select service, limited service, extended stay and compact full-service hotels. The primary business of the company is owning equity interests in hotel properties. It conducts its business through a traditional umbrella partnership REIT in which the hotel properties are owned by its operating partnership, Condor Hospitality Limited Partnership, and its subsidiaries.