CHH (Choice Hotels International) Days Payable : 64.59 (As of Dec. 2024)

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What is Choice Hotels International Days Payable?

Choice Hotels International's average Accounts Payable for the three months ended in Dec. 2024 was $144 Mil. Choice Hotels International's Cost of Goods Sold for the three months ended in Dec. 2024 was $203 Mil. Hence, Choice Hotels International's Days Payable for the three months ended in Dec. 2024 was 64.59.

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

CHH' s Days Payable Range Over the Past 10 Years
Min: 44.13 Med: 50.15 Max: 63.92
Current: 61.25

During the past 13 years, Choice Hotels International's highest Days Payable was 63.92. The lowest was 44.13. And the median was 50.15.

CHH's Days Payable is ranked better than
51.32% of 758 companies
in the Travel & Leisure industry
Industry Median: 57.025 vs CHH: 61.25

Choice Hotels International's Days Payable increased from Dec. 2023 (53.73) to Dec. 2024 (64.59). It may suggest that Choice Hotels International delayed paying its suppliers.

Choice Hotels International Days Payable Historical Data

The historical data trend for Choice Hotels International'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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Choice Hotels International Days Payable Chart

Choice Hotels International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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61.81

63.92

52.01

53.46

57.78

Choice Hotels International Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															53.73	61.93	57.86	64.41	64.59

Competitive Comparison of Choice Hotels International's Days Payable

For the Lodging subindustry, Choice Hotels International'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.

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

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

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

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Choice Hotels International 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.

Choice Hotels International's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (131.284	+	134.865)	/	2 )	/	840.673	*	365
=	133.0745					/	840.673	*	365
=	57.78

Choice Hotels International's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (152.781	+	134.865)	/	2 )	/	203.201	*	365 / 4
=	143.823					/	203.201	*	365 / 4
=	64.59

Choice Hotels International Days Payable Related Terms

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Choice Hotels International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Choice Hotels International Inc (NYSE:CHH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

915 Meeting Street, Suite 600, North Bethesda, MD, USA, 20850

Website

https://www.choicehotels.com

As of Dec. 31, 2024, Choice Hotels operated 654,000 rooms across the economy, midscale, upscale, and extended-stay segments. Comfort Inn and Comfort Suites are the largest brands (26% of the company's total domestic rooms), while Ascend and Cambria (10% of total domestic rooms) are newer lifestyle and select-service brands. Choice closed on its Radisson acquisition in August 2022, which added about 70,000 rooms. Franchises account for 100% of total revenue, and the United States represent 78% of total rooms in 2024.

Executives

Scott E Oaksmith	officer: Controller	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Dominic Dragisich	officer: Chief Financial Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Patrick Cimerola	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Patrick Pacious	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Robert J Mcdowell	officer: Chief Commercial Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Simone Wu	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Noha Abdalla	officer: Chief Marketing Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
William L Jews	director	C/O FORTRESS INTERNATIONAL GROUP, INC., 7226 LEE DEFOREST DRIVE, SUITE 203, COLUMBIA, MD 21046
Brian Bainum	director	8171 MAPLE LAWN BLVD, SUITE 375, FULTON MD 20759
John P Tague	director
David A Pepper	officer: SVP, Franchise Development	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
John Bonds	officer: Senior Vice President	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Sanchez Raul Ramirez	officer: Chief Strat & Intl Op Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Elizabeth A Redmond	officer: Principal Accounting Officer	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Donna F Vieira	director	300 CONTINENTAL DRIVE, NEWARK DE 19713