Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Days Payable : 22.09 (As of Jun. 2023)

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What is Hoteles City ExpressB de CV Days Payable?

Hoteles City ExpressB de CV's average Accounts Payable for the three months ended in Jun. 2023 was $7.1 Mil. Hoteles City ExpressB de CV's Cost of Goods Sold for the three months ended in Jun. 2023 was $29.2 Mil. Hence, Hoteles City ExpressB de CV's Days Payable for the three months ended in Jun. 2023 was 22.09.

The historical rank and industry rank for Hoteles City ExpressB de CV's Days Payable or its related term are showing as below:

HOCXF' s Days Payable Range Over the Past 10 Years
Min: 23.03 Med: 29.52 Max: 34.87
Current: 23.78

During the past 13 years, Hoteles City ExpressB de CV's highest Days Payable was 34.87. The lowest was 23.03. And the median was 29.52.

HOCXF's Days Payable is ranked worse than
79.47% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.87 vs HOCXF: 23.78

Hoteles City ExpressB de CV's Days Payable increased from Jun. 2022 (17.56) to Jun. 2023 (22.09). It may suggest that Hoteles City ExpressB de CV delayed paying its suppliers.

Hoteles City ExpressB de CV Days Payable Historical Data

The historical data trend for Hoteles City ExpressB de CV'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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Hoteles City ExpressB de CV Days Payable Chart

Hoteles City ExpressB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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34.86

29.31

34.75

24.18

22.47

Hoteles City ExpressB de CV Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial															17.56	11.55	75.11	20.96	22.09

Competitive Comparison of Hoteles City ExpressB de CV's Days Payable

For the Lodging subindustry, Hoteles City ExpressB de CV'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.

Hoteles City ExpressB de CV's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hoteles City ExpressB de CV's Days Payable distribution charts can be found below:

* The bar in red indicates where Hoteles City ExpressB de CV's Days Payable falls into.

Hoteles City ExpressB de CV 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.

Hoteles City ExpressB de CV's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (5.299	+	5.697)	/	2 )	/	89.319	*	365
=	5.498					/	89.319	*	365
=	22.47

Hoteles City ExpressB de CV's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (5.766	+	8.387)	/	2 )	/	29.235	*	365 / 4
=	7.0765					/	29.235	*	365 / 4
=	22.09

Hoteles City ExpressB de CV Days Payable Related Terms

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Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hoteles City Express SAB de CV (OTCPK:HOCXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HCITY:Mexico

Address

Juan Salvador Agraz No. 69, Col. Santa Fe Cuajimalpa, Del. Cuajimalpa de Morelos, Mexico, MEX, 05300

Website

http://www.hotelescity.com

Hoteles City Express SAB de CV together with its subsidiaries is engaged in the ownership, operation, and management of hotels using the brand names Hoteles City Express, City Suites and City Junior. The company's segments include Hotel Operation and Hotel Management. The company works as an alternative for business travelers, and the option for anyone looking to increase the value of an investment through a modern, hotel franchise and also, are the working towards the economy business travel segment.