Aitken Spence Hotel Holdings (COL:AHUN.N0000) Days Payable : 48.68 (As of Dec. 2023)

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What is Aitken Spence Hotel Holdings Days Payable?

Aitken Spence Hotel Holdings's average Accounts Payable for the three months ended in Dec. 2023 was රු1,799 Mil. Aitken Spence Hotel Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was රු3,373 Mil. Hence, Aitken Spence Hotel Holdings's Days Payable for the three months ended in Dec. 2023 was 48.68.

The historical rank and industry rank for Aitken Spence Hotel Holdings's Days Payable or its related term are showing as below:

COL:AHUN.N0000' s Days Payable Range Over the Past 10 Years
Min: 39.21 Med: 57.87 Max: 223.7
Current: 39.21

During the past 13 years, Aitken Spence Hotel Holdings's highest Days Payable was 223.70. The lowest was 39.21. And the median was 57.87.

COL:AHUN.N0000's Days Payable is ranked worse than
64.5% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.87 vs COL:AHUN.N0000: 39.21

Aitken Spence Hotel Holdings's Days Payable declined from Dec. 2022 (50.05) to Dec. 2023 (48.68). It may suggest that Aitken Spence Hotel Holdings accelerated paying its suppliers.

Aitken Spence Hotel Holdings Days Payable Historical Data

The historical data trend for Aitken Spence Hotel Holdings'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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Aitken Spence Hotel Holdings Days Payable Chart

Aitken Spence Hotel Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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67.04

79.93

223.70

65.25

45.76

Aitken Spence Hotel Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															50.05	47.54	29.98	27.43	48.68

Competitive Comparison of Aitken Spence Hotel Holdings's Days Payable

For the Lodging subindustry, Aitken Spence Hotel Holdings'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.

Aitken Spence Hotel Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Aitken Spence Hotel Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Aitken Spence Hotel Holdings's Days Payable falls into.

Aitken Spence Hotel Holdings 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.

Aitken Spence Hotel Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1291.949	+	1559.571)	/	2 )	/	11371.496	*	365
=	1425.76					/	11371.496	*	365
=	45.76

Aitken Spence Hotel Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1565.593	+	2033.029)	/	2 )	/	3372.81	*	365 / 4
=	1799.311					/	3372.81	*	365 / 4
=	48.68

Aitken Spence Hotel Holdings Days Payable Related Terms

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Aitken Spence Hotel Holdings (COL:AHUN.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aitken Spence Hotel Holdings PLC (COL:AHUN.N0000) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 315, Vauxhall Street, Level 5, Aitken Spence Tower II, Colombo, LKA, 2

Website

https://www.aitkenspencehotels.com

Aitken Spence Hotel Holdings PLC is involved in the lodging business sector. The company has a chain of hotels and resorts under two brands that are Heritance Hotels and Resorts and Adaaran Resorts and Spa and manages hotels in two areas that are Sri Lanka and South Asia and Middle East. The South Asian sector generates majority revenue for the company.

Aitken Spence Hotel Holdings (COL:AHUN.N0000) Headlines

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