LUXH (LuxUrban Hotels) Days Payable: 0.00 (As of Sep. 2024)


What is LuxUrban Hotels Days Payable?

LuxUrban Hotels LUXH -74.90% Days Payable is 0.00 as of Sep. 2024.

LuxUrban Hotels's average Accounts Payable for the three months ended in Sep. 2024 was $0.00 Mil. LuxUrban Hotels's Cost of Goods Sold for the three months ended in Sep. 2024 was $29.95 Mil. Hence, LuxUrban Hotels's Days Payable for the three months ended in Sep. 2024 was 0.00.

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

LUXH's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 56.37
* Ranked among companies with meaningful Days Payable only.

LuxUrban Hotels's Days Payable declined from Sep. 2023 (29.95) to Sep. 2024 (0.00). It may suggest that LuxUrban Hotels accelerated paying its suppliers.


LuxUrban Hotels Days Payable Historical Data

* Premium members only.

The historical data trend for LuxUrban Hotels'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.

LuxUrban Hotels Days Payable Chart

LuxUrban Hotels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
0.00 0.00 0.00 0.00 0.00

LuxUrban Hotels Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.95 16.71 0.00 0.00 0.00

LUXH vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, LuxUrban Hotels'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.


LuxUrban Hotels Days Payable vs Travel & Leisure Industry

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

* The bar in red indicates where LuxUrban Hotels's Days Payable falls into.



LuxUrban Hotels 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.

LuxUrban Hotels'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
=( (0 + 0) / 1 ) / 104.465*365
=0 / 104.465*365
=0.00

LuxUrban Hotels'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
=( (0 + 0) / 1 ) / 29.95*365 / 4
=0 / 29.95*365 / 4
=0.00

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
LuxUrban Hotels (LUXH) has a Days Payable of 0.00 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on LuxUrban Hotels and its competitors.
Is LuxUrban Hotels' Days Payable too high?
LuxUrban Hotels' current Days Payable is 0.00.
How does LuxUrban Hotels' Days Payable compare to MAR and HLT?
LuxUrban Hotels' Days Payable of 0.00 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 56.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.37, based on 781 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on LuxUrban Hotels and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LuxUrban Hotels's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LuxUrban Hotels stock overvalued right now?
LuxUrban Hotels (LUXH) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For LuxUrban Hotels (LUXH), the current Days Payable is 0.00 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LuxUrban Hotels Business Description

Address 2125 Biscayne Boulevard, Suite 253, Miami, FL, USA, 33137
LuxUrban Hotels Inc utilizes a long term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.