Jindal Hotels (BOM:507981) Days Payable : 48.23 (As of Mar. 2024)

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What is Jindal Hotels Days Payable?

Jindal Hotels's average Accounts Payable for the three months ended in Mar. 2024 was ₹22.2 Mil. Jindal Hotels's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹42.0 Mil. Hence, Jindal Hotels's Days Payable for the three months ended in Mar. 2024 was 48.23.

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

BOM:507981' s Days Payable Range Over the Past 10 Years
Min: 16.55 Med: 37.65 Max: 111.41
Current: 61.31

During the past 13 years, Jindal Hotels's highest Days Payable was 111.41. The lowest was 16.55. And the median was 37.65.

BOM:507981's Days Payable is ranked better than
51.19% of 754 companies
in the Travel & Leisure industry
Industry Median: 58.07 vs BOM:507981: 61.31

Jindal Hotels's Days Payable declined from Mar. 2023 (60.51) to Mar. 2024 (48.23). It may suggest that Jindal Hotels accelerated paying its suppliers.

Jindal Hotels Days Payable Historical Data

The historical data trend for Jindal Hotels'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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Jindal Hotels Days Payable Chart

Jindal Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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42.47

111.41

75.35

58.30

54.21

Jindal Hotels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															60.51	64.43	75.44	71.46	48.23

Competitive Comparison of Jindal Hotels's Days Payable

For the Lodging subindustry, Jindal Hotels'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.

Jindal Hotels's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Jindal Hotels's Days Payable falls into.

Jindal Hotels 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.

Jindal Hotels's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (26.064	+	22.189)	/	2 )	/	162.431	*	365
=	24.1265					/	162.431	*	365
=	54.21

Jindal Hotels'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	+	22.189)	/	1 )	/	41.982	*	365 / 4
=	22.189					/	41.982	*	365 / 4
=	48.23

Jindal Hotels Days Payable Related Terms

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Jindal Hotels (BOM:507981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jindal Hotels Ltd (BOM:507981) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

GRAND MERCURE Vadodara Surya Palace, Sayajigunj, Vadodara, GJ, IND, 390020

Website

https://www.suryapalace.com

Jindal Hotels Ltd is engaged in providing food and beverage, wine, and accommodation services. The company operates in a single segment namely Hoteliering. It is in the business of operating a three-star category hotel namely Hotel Surya Palace, and Restaurant which includes the Azure restaurant. The company operates a business hotel in Vadodara city with approximately 143 guest rooms, 6 large and medium banquet halls, a boardroom, a restaurant, a swimming pool, a health club, a liquor shop, and various other amenities.

Jindal Hotels (BOM:507981) Headlines

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