Salamis Tours (Holdings) Public (CYS:SAL) Days Payable : 41.66 (As of Dec. 2023)

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What is Salamis Tours (Holdings) Public Days Payable?

Salamis Tours (Holdings) Public's average Accounts Payable for the six months ended in Dec. 2023 was €6.77 Mil. Salamis Tours (Holdings) Public's Cost of Goods Sold for the six months ended in Dec. 2023 was €29.65 Mil. Hence, Salamis Tours (Holdings) Public's Days Payable for the six months ended in Dec. 2023 was 41.66.

The historical rank and industry rank for Salamis Tours (Holdings) Public's Days Payable or its related term are showing as below:

CYS:SAL' s Days Payable Range Over the Past 10 Years
Min: 29.23 Med: 46.37 Max: 59.08
Current: 38.54

During the past 9 years, Salamis Tours (Holdings) Public's highest Days Payable was 59.08. The lowest was 29.23. And the median was 46.37.

CYS:SAL's Days Payable is ranked worse than
64.9% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.87 vs CYS:SAL: 38.54

Salamis Tours (Holdings) Public's Days Payable increased from Dec. 2022 (40.99) to Dec. 2023 (41.66). It may suggest that Salamis Tours (Holdings) Public delayed paying its suppliers.

Salamis Tours (Holdings) Public Days Payable Historical Data

The historical data trend for Salamis Tours (Holdings) Public'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.

* Premium members only.

Salamis Tours (Holdings) Public Days Payable Chart

Salamis Tours (Holdings) Public Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.36

59.08

45.98

33.42

29.23

Salamis Tours (Holdings) Public Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											47.14	46.03	40.99	44.91	41.66

Competitive Comparison of Salamis Tours (Holdings) Public's Days Payable

For the Travel Services subindustry, Salamis Tours (Holdings) Public'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.

Salamis Tours (Holdings) Public's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Salamis Tours (Holdings) Public's Days Payable distribution charts can be found below:

* The bar in red indicates where Salamis Tours (Holdings) Public's Days Payable falls into.

Salamis Tours (Holdings) Public 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.

Salamis Tours (Holdings) Public'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
=	( (4.32	+	4.708)	/	2 )	/	56.37	*	365
=	4.514					/	56.37	*	365
=	29.23

Salamis Tours (Holdings) Public'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (8.83	+	4.708)	/	2 )	/	29.652	*	365 / 2
=	6.769					/	29.652	*	365 / 2
=	41.66

Salamis Tours (Holdings) Public Days Payable Related Terms

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Salamis Tours (Holdings) Public (CYS:SAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Salamis Tours (Holdings) Public Ltd (CYS:SAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, G. Katsounotos Street, P.O.Box 50531, Salamis House, Limassol, CYP, 3607

Website

http://www.salamistours.com

Salamis Tours (Holdings) Public Ltd provides cruise shipping services. It is engaged in providing cruise, travel, tourism, shipping, and transportation services.