Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Days Payable : 0.00 (As of Mar. 2024)

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What is Grande Royal Orchid Hospitality REIT Days Payable?

Grande Royal Orchid Hospitality REIT's average Accounts Payable for the three months ended in Mar. 2024 was ฿0.0 Mil. Grande Royal Orchid Hospitality REIT's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿4.6 Mil. Hence, Grande Royal Orchid Hospitality REIT's Days Payable for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Grande Royal Orchid Hospitality REIT's Days Payable or its related term are showing as below:

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

Grande Royal Orchid Hospitality REIT's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Grande Royal Orchid Hospitality REIT Days Payable Historical Data

The historical data trend for Grande Royal Orchid Hospitality REIT'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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Grande Royal Orchid Hospitality REIT Days Payable Chart

Grande Royal Orchid Hospitality REIT Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

Grande Royal Orchid Hospitality REIT Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Grande Royal Orchid Hospitality REIT's Days Payable

For the REIT - Hotel & Motel subindustry, Grande Royal Orchid Hospitality REIT'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 Royal Orchid Hospitality REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Grande Royal Orchid Hospitality REIT's Days Payable falls into.

Grande Royal Orchid Hospitality REIT 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 Royal Orchid Hospitality REIT'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 )	/	18.27	*	365
=	0					/	18.27	*	365
=	0.00

Grande Royal Orchid Hospitality REIT'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 )	/	4.553	*	365 / 4
=	0					/	4.553	*	365 / 4
=	0.00

Grande Royal Orchid Hospitality REIT Days Payable Related Terms

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Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Grande Royal Orchid Hospitality REIT (BKK:GROREIT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

989 Rama 1 Road, 9th and 24th Floor, Siam Piwat Tower Building, Pathumwan, Bangkok, THA, 10330

Website

Grande Royal Orchid Hospitality REIT is a trust that invests in the freehold right of the Royal Orchid Sheraton Hotel and Tower.

Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Headlines

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