Kandy Hotels Co (1938) (COL:KHC.N0000) Days Payable : 359.97 (As of Dec. 2024)

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What is Kandy Hotels Co (1938) Days Payable?

Kandy Hotels Co (1938)'s average Accounts Payable for the three months ended in Dec. 2024 was රු368 Mil. Kandy Hotels Co (1938)'s Cost of Goods Sold for the three months ended in Dec. 2024 was රු93 Mil. Hence, Kandy Hotels Co (1938)'s Days Payable for the three months ended in Dec. 2024 was 359.97.

The historical rank and industry rank for Kandy Hotels Co (1938)'s Days Payable or its related term are showing as below:

COL:KHC.N0000' s Days Payable Range Over the Past 10 Years
Min: 58.79 Med: 97.79 Max: 284.82
Current: 284.82

During the past 13 years, Kandy Hotels Co (1938)'s highest Days Payable was 284.82. The lowest was 58.79. And the median was 97.79.

COL:KHC.N0000's Days Payable is ranked better than
89.17% of 757 companies
in the Travel & Leisure industry
Industry Median: 57.1 vs COL:KHC.N0000: 284.82

Kandy Hotels Co (1938)'s Days Payable increased from Dec. 2023 (324.20) to Dec. 2024 (359.97). It may suggest that Kandy Hotels Co (1938) delayed paying its suppliers.

Kandy Hotels Co (1938) Days Payable Historical Data

The historical data trend for Kandy Hotels Co (1938)'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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Kandy Hotels Co (1938) Days Payable Chart

Kandy Hotels Co (1938) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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94.79

141.87

148.32

58.79

93.38

Kandy Hotels Co (1938) 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															324.20	159.58	286.42	323.53	359.97

Competitive Comparison of Kandy Hotels Co (1938)'s Days Payable

For the Lodging subindustry, Kandy Hotels Co (1938)'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.

Kandy Hotels Co (1938)'s Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kandy Hotels Co (1938)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Kandy Hotels Co (1938)'s Days Payable falls into.

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Kandy Hotels Co (1938) 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.

Kandy Hotels Co (1938)'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
=	( (18.26	+	153.782)	/	2 )	/	336.225	*	365
=	86.021					/	336.225	*	365
=	93.38

Kandy Hotels Co (1938)'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
=	( (315.219	+	421.002)	/	2 )	/	93.313	*	365 / 4
=	368.1105					/	93.313	*	365 / 4
=	359.97

Kandy Hotels Co (1938) Days Payable Related Terms

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Kandy Hotels Co (1938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kandy Hotels Co (1938) PLC (COL:KHC.N0000) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 327, Union Place, Colombo, LKA, 02

Website

https://www.chcplc.com

Kandy Hotels Co (1938) PLC is engaged in the hospitality business. It is involved in the provision of food, beverage, lodging, and other hospitality industry-related activities. The company owns and operates the Queens Hotel and Hotel Suisse in Kandy. It generates revenue from Rooms; Food; Beverages; Banquets and others.

Kandy Hotels Co (1938) Headlines

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