National Hotels Co BSC (BAH:NHOTEL) Days Payable: 204.20 (As of Jun. 2026) — 370% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BAH:NHOTEL National Hotels Co BSC BAH:NHOTEL
53 GF Score
Price BHD0.25
GF Value BHD0.21
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is National Hotels Co BSC Days Payable?

National Hotels Co BSC BAH:NHOTEL 53 Days Payable is 204.20 as of Jun. 2026, which is 370% above its 10-year median of 43.45. GuruFocus rates BAH:NHOTEL with a GF Score™ of 53/100 and a GF Value™ of BHD0.21 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 779 Travel & Leisure companies, National Hotels Co BSC ranks better than 76.25% on this metric.

National Hotels Co BSC's average Accounts Payable for the three months ended in Jun. 2026 was BHD2.20 Mil. National Hotels Co BSC's Cost of Goods Sold for the three months ended in Jun. 2026 was BHD0.98 Mil. Hence, National Hotels Co BSC's Days Payable for the three months ended in Jun. 2026 was 204.20.

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

BAH:NHOTEL' s Days Payable Range Over the Past 10 Years
Min: 29.73   Med: 43.45   Max: 145.67
Current: 128.22

During the past 13 years, National Hotels Co BSC's highest Days Payable was 145.67. The lowest was 29.73. And the median was 43.45.

BAH:NHOTEL's Days Payable is ranked better than
76.25% of 779 companies
in the Travel & Leisure industry
Industry Median: 56.41 vs BAH:NHOTEL: 128.22

National Hotels Co BSC's Days Payable increased from Jun. 2025 (180.56) to Jun. 2026 (204.20). It may suggest that National Hotels Co BSC delayed paying its suppliers.


National Hotels Co BSC Days Payable Historical Data

* Premium members only.

The historical data trend for National Hotels Co BSC'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.

National Hotels Co BSC Days Payable Chart

National Hotels Co BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.73 38.94 38.28 35.36 36.36

National Hotels Co BSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 180.56 126.62 72.83 144.97 204.20

BAH:NHOTEL vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, National Hotels Co BSC'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.


National Hotels Co BSC Days Payable vs Travel & Leisure Industry

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

* The bar in red indicates where National Hotels Co BSC's Days Payable falls into.


BAH:NHOTEL
53GF Score
National Hotels Co BSC BAH:NHOTEL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Hotels Co BSC 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.

National Hotels Co BSC's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.54 + 0.477) / 2 ) / 5.104*365
=0.5085 / 5.104*365
=36.36

National Hotels Co BSC's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (3.104 + 1.291) / 2 ) / 0.982*365 / 4
=2.1975 / 0.982*365 / 4
=204.20

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 204.20 mean?
National Hotels Co BSC (BAH:NHOTEL) has a Days Payable of 204.20 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on National Hotels Co BSC and its competitors. This is 370% above median its historical median of 43.45. Over the past decade, National Hotels Co BSC's Days Payable has ranged from 29.73 to 145.67. According to the industry distribution chart, National Hotels Co BSC ranks #185 out of 779 companies in the Travel & Leisure industry, placing it in the top 23.7%.
Is National Hotels Co BSC's Days Payable too high?
National Hotels Co BSC's current Days Payable of 204.20 is 370% above median its 10-year median of 43.45. Over the past 10 years, this metric has ranged from a low of 29.73 to a high of 145.67. The Travel & Leisure industry median Days Payable is 56.41. National Hotels Co BSC's value of 204.20 is 262% above this industry median. Based on the distribution chart, National Hotels Co BSC ranks #185 out of 779 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, National Hotels Co BSC has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Hotels Co BSC's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, National Hotels Co BSC ranks #185 out of 779 companies for Days Payable. This places National Hotels Co BSC in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.41. National Hotels Co BSC's value of 204.20 is 262% above this benchmark. Historically, National Hotels Co BSC's own Days Payable has ranged from 29.73 to 145.67 over the past decade. While the company's 10-year median is 43.45 vs. the industry median of 56.41, National Hotels Co BSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.41, based on 779 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Hotels Co BSC's current Days Payable of 204.20 is 262% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on National Hotels Co BSC and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Hotels Co BSC's current Days Payable is 204.20, which is 370% above median its own 10-year median of 43.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Hotels Co BSC stock overvalued right now?
Based on GuruFocus' analysis, National Hotels Co BSC (BAH:NHOTEL) is currently considered Modestly Overvalued. The stock's GF Value™ is BHD0.21, compared to a current price of BHD0.25 — trading 19% above its estimated fair value. The current Days Payable is 204.20, which is 370% above median its 10-year median of 43.45 and 262% above the Travel & Leisure industry median of 56.41. National Hotels Co BSC's overall GF Score™ is 53/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For National Hotels Co BSC (BAH:NHOTEL), the current Days Payable is 204.20 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Hotels Co BSC (BAH:NHOTEL) Overvalued in 2026?

Based on GuruFocus' analysis, National Hotels Co BSC stock appears to be overvalued. The current stock price of BHD0.25 is trading 19% above its estimated GF Value™ of BHD0.21. GuruFocus considers National Hotels Co BSC to be Modestly Overvalued.

Key valuation signals for BAH:NHOTEL:

  • Days Payable: 204.20 (370% above median its 10-year median of 43.45)
  • GF Value™: BHD0.21 vs. price of BHD0.25 (19% above fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 262% above the Travel & Leisure median (#185 of 779)

No single metric tells the full story. See the BAH:NHOTEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Hotels Co BSC Business Description

Address Building 59, Road 1701, Block 317, P.O. Box 5243, Diplomatic Area, Manama, BHR, 317
National Hotels Co BSC owns and manages refurbished rooms, bars, restaurants, banquet and conference facilities. It derives a majority of revenue from hotel rooms followed by food and beverages and serviced apartments. The operating segments of the company are Hotel Business, Real estate properties, and Investments & corporate. It generates maximum revenue from the Hotel Business segment. Hotel Business segment includes Room rental, food and beverage sales, conferences and events.
53GF Score

Get the complete analysis for BAH:NHOTEL

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BHD0.25
Price
BHD0.21
GF Value