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Ryman Hospitality Properties (Ryman Hospitality Properties) Days Payable : 51.41 (As of Dec. 2023)


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What is Ryman Hospitality Properties Days Payable?

Ryman Hospitality Properties's average Accounts Payable for the three months ended in Dec. 2023 was $248 Mil. Ryman Hospitality Properties's Cost of Goods Sold for the three months ended in Dec. 2023 was $440 Mil. Hence, Ryman Hospitality Properties's Days Payable for the three months ended in Dec. 2023 was 51.41.

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

RHP' s Days Payable Range Over the Past 10 Years
Min: 10.47   Med: 13.96   Max: 61.11
Current: 61.11

During the past 13 years, Ryman Hospitality Properties's highest Days Payable was 61.11. The lowest was 10.47. And the median was 13.96.

RHP's Days Payable is ranked worse than
67.55% of 527 companies
in the REITs industry
Industry Median: 125.84 vs RHP: 61.11

Ryman Hospitality Properties's Days Payable increased from Dec. 2022 (46.76) to Dec. 2023 (51.41). It may suggest that Ryman Hospitality Properties delayed paying its suppliers.


Ryman Hospitality Properties Days Payable Historical Data

The historical data trend for Ryman Hospitality Properties'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.

Ryman Hospitality Properties Days Payable Chart

Ryman Hospitality Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.85 20.98 13.55 10.47 12.05

Ryman Hospitality Properties 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.76 51.73 95.52 100.02 51.41

Competitive Comparison of Ryman Hospitality Properties's Days Payable

For the REIT - Hotel & Motel subindustry, Ryman Hospitality Properties'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.


Ryman Hospitality Properties's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Ryman Hospitality Properties's Days Payable falls into.



Ryman Hospitality Properties 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.

Ryman Hospitality Properties'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
=( (38.628 + 57.03) / 2 ) / 1449.128*365
=47.829 / 1449.128*365
=12.05

Ryman Hospitality Properties'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
=( (438.265 + 57.03) / 2 ) / 439.575*365 / 4
=247.6475 / 439.575*365 / 4
=51.41

* 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.


Ryman Hospitality Properties Days Payable Related Terms

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Ryman Hospitality Properties (Ryman Hospitality Properties) Business Description

Traded in Other Exchanges
Address
One Gaylord Drive, Nashville, TN, USA, 37214
Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings are Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center. The company has three business segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel, Entertainment which includes the entertainment and media assets comprising OEG, and Corporate and Other, which includes corporate expenses. It derives the vast majority of its revenue from its hospitality segment.
Executives
Patrick S Chaffin officer: EVP & COO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Reed Colin V director, officer: Exec. Chairman of the Board
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Bowles Alvin L Jr director 62 TRENOR DRIVE, NEW ROCHELLE NY 10804
William E Haslam director 5919 MAPLE AVE, C/O HAROLDS STORES INC, DALLAS TX 75235
Rachna Bhasin director 1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Jennifer L Hutcheson officer: EVP & Chief Financial Officer ONE GAYLORD DRIVE, NASHVILLE TN 37214
Scott J Lynn officer: EVP, Secretary and GC ONE GAYLORD DRIVE, NASHVILLE TN 37214
Christine Pantoya director 5 OX BOW LANE, SUMMIT NJ 07901
Mark Fioravanti director, officer: President & CEO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Prather Robert S Jr director
Michael Isor Roth director THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Christian A. Brickman director 351 PHELPS DRIVE, IRVING TX 75038
Bennett D Westbrook officer: SVP, Investments, D&C ONE GAYLORD DRIVE, NASHVILLE TN 37214
Michael J Bender director 3980 BAUGHMAN GRANT ROAD, NEW ALBANY OH 43054

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