Byke Hospitality (NSE:BYKE) Days Payable : 43.21 (As of Sep. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Byke Hospitality Days Payable?

Byke Hospitality's average Accounts Payable for the three months ended in Sep. 2024 was ₹33.7 Mil. Byke Hospitality's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹71.3 Mil. Hence, Byke Hospitality's Days Payable for the three months ended in Sep. 2024 was 43.21.

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

NSE:BYKE' s Days Payable Range Over the Past 10 Years
Min: 27.52 Med: 38.36 Max: 86.34
Current: 38.7

During the past 13 years, Byke Hospitality's highest Days Payable was 86.34. The lowest was 27.52. And the median was 38.36.

NSE:BYKE's Days Payable is ranked worse than
64.37% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs NSE:BYKE: 38.70

Byke Hospitality's Days Payable declined from Sep. 2023 (53.98) to Sep. 2024 (43.21). It may suggest that Byke Hospitality accelerated paying its suppliers.

Byke Hospitality Days Payable Historical Data

The historical data trend for Byke Hospitality'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.

Byke Hospitality Days Payable Chart

Byke Hospitality Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

32.03

50.95

36.18

31.46

42.75

Byke Hospitality 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															53.98	51.13	26.79	43.93	43.21

Competitive Comparison of Byke Hospitality's Days Payable

For the Lodging subindustry, Byke Hospitality'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.

Byke Hospitality's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Byke Hospitality's Days Payable falls into.

Byke Hospitality 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.

Byke Hospitality'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
=	( (34.865	+	34.471)	/	2 )	/	295.986	*	365
=	34.668					/	295.986	*	365
=	42.75

Byke Hospitality'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	+	33.749)	/	1 )	/	71.269	*	365 / 4
=	33.749					/	71.269	*	365 / 4
=	43.21

Byke Hospitality Days Payable Related Terms

Thank you for viewing the detailed overview of Byke Hospitality's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Byke Hospitality Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Byke Hospitality Ltd (NSE:BYKE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

531373:India

Address

Shree Shakambhari Corporate Park, Plot Number 156-158, Chakravati Ashok Complex, Near Cambridge School, J. B. Nagar, Andheri (East), Sunil Patodia Tower, Mumbai, MH, IND, 400099

Website

https://www.thebyke.com

Byke Hospitality Ltd is a company operating in the hospitality sector. Its hotels and resorts include The Byke Heritage, The Byke Old Anchor, The Byke Neelkanth, The Byke Grassfield, The Byke Suraj Plaza, and The Byke Nature Villas. It has its presence in 9 states and 16 cities, the company has a portfolio of over 1300+ rooms across 19 hotels, which it owns, manages, and operates through lease and management contracts. Byke has approx 17 operational properties currently.

Byke Hospitality Headlines

No Headlines