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Grande Hospitality Real Estate Investment Trust (BKK:GAHREIT) Days Payable : 0.00 (As of Mar. 2024)


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What is Grande Hospitality Real Estate Investment Trust Days Payable?

Grande Hospitality Real Estate Investment Trust's average Accounts Payable for the three months ended in Mar. 2024 was ฿0.0 Mil. Grande Hospitality Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿2.6 Mil. Hence, Grande Hospitality Real Estate Investment Trust's Days Payable for the three months ended in Mar. 2024 was 0.00.

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

BKK:GAHREIT's Days Payable is not ranked *
in the REITs industry.
Industry Median: 125.385
* Ranked among companies with meaningful Days Payable only.

Grande Hospitality Real Estate Investment Trust's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same


Grande Hospitality Real Estate Investment Trust Days Payable Historical Data

The historical data trend for Grande Hospitality Real Estate Investment 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.

* Premium members only.

Grande Hospitality Real Estate Investment Trust Days Payable Chart

Grande Hospitality Real Estate Investment Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
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Grande Hospitality Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Grande Hospitality Real Estate Investment Trust's Days Payable

For the REIT - Hotel & Motel subindustry, Grande Hospitality Real Estate Investment 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.


Grande Hospitality Real Estate Investment Trust's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Grande Hospitality Real Estate Investment Trust's Days Payable falls into.



Grande Hospitality Real Estate Investment 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.

Grande Hospitality Real Estate Investment Trust'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 ) / 10.274*365
=0 / 10.274*365
=0.00

Grande Hospitality Real Estate Investment Trust's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 2.597*365 / 4
=0 / 2.597*365 / 4
=0.00

* 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.


Grande Hospitality Real Estate Investment Trust Days Payable Related Terms

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Grande Hospitality Real Estate Investment Trust (BKK:GAHREIT) Business Description

Traded in Other Exchanges
N/A
Address
Rama 1 Road, 989 Siam Piwat Tower, 9th and 24th Floor, Pathumwan, Bangkok, THA, 10330
Grande Hospitality Real Estate Investment Trust is a real estate investment trust. It is engaged in investing in real estate assets mainly hotel properties. The company's objective is to raise fund and to use the proceeds from such fundraising for investment in immovable and movable properties.

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