Galadari Hotels (Lanka) (COL:GHLL.N0000) Days Payable : 348.19 (As of Sep. 2024)

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What is Galadari Hotels (Lanka) Days Payable?

Galadari Hotels (Lanka)'s average Accounts Payable for the three months ended in Sep. 2024 was රු660 Mil. Galadari Hotels (Lanka)'s Cost of Goods Sold for the three months ended in Sep. 2024 was රු173 Mil. Hence, Galadari Hotels (Lanka)'s Days Payable for the three months ended in Sep. 2024 was 348.19.

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

COL:GHLL.N0000' s Days Payable Range Over the Past 10 Years
Min: 80.71 Med: 109.18 Max: 272.05
Current: 272.05

During the past 13 years, Galadari Hotels (Lanka)'s highest Days Payable was 272.05. The lowest was 80.71. And the median was 109.18.

COL:GHLL.N0000's Days Payable is ranked better than
87.58% of 749 companies
in the Travel & Leisure industry
Industry Median: 57.1 vs COL:GHLL.N0000: 272.05

Galadari Hotels (Lanka)'s Days Payable increased from Sep. 2023 (271.42) to Sep. 2024 (348.19). It may suggest that Galadari Hotels (Lanka) delayed paying its suppliers.

Galadari Hotels (Lanka) Days Payable Historical Data

The historical data trend for Galadari Hotels (Lanka)'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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Galadari Hotels (Lanka) Days Payable Chart

Galadari Hotels (Lanka) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.71

108.37

142.19

109.98

105.88

Galadari Hotels (Lanka) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															271.42	169.82	214.72	371.08	348.19

Competitive Comparison of Galadari Hotels (Lanka)'s Days Payable

For the Lodging subindustry, Galadari Hotels (Lanka)'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.

Galadari Hotels (Lanka)'s Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Galadari Hotels (Lanka)'s Days Payable falls into.

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Galadari Hotels (Lanka) 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.

Galadari Hotels (Lanka)'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
=	( (256.511	+	243.703)	/	2 )	/	862.173	*	365
=	250.107					/	862.173	*	365
=	105.88

Galadari Hotels (Lanka)'s Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (646.17	+	674.688)	/	2 )	/	173.077	*	365 / 4
=	660.429					/	173.077	*	365 / 4
=	348.19

Galadari Hotels (Lanka) Days Payable Related Terms

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Galadari Hotels (Lanka) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Galadari Hotels (Lanka) PLC (COL:GHLL.N0000) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 64, Lotus Road, Colombo, LKA, 01

Website

https://www.galadarihotel.lk

Galadari Hotels (Lanka) PLC is involved in the lodging business sector. The principal activity of the company is hoteliering. In terms of revenue, the organization generates income from the sale of rooms and sale of food and beverages. The Food and Beverage sales generate maximum revenue for the company. The hotel provides its services for dining, wedding, accommodation, and meetings. Its service only caters to the Sri Lankan market.

Galadari Hotels (Lanka) Headlines

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