Grand Plaza Hotel (PHS:GPH) Days Payable : 807.71 (As of Mar. 2024)

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What is Grand Plaza Hotel Days Payable?

Grand Plaza Hotel's average Accounts Payable for the three months ended in Mar. 2024 was ₱81.1 Mil. Grand Plaza Hotel's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱9.2 Mil. Hence, Grand Plaza Hotel's Days Payable for the three months ended in Mar. 2024 was 807.71.

The historical rank and industry rank for Grand Plaza Hotel's Days Payable or its related term are showing as below:

PHS:GPH' s Days Payable Range Over the Past 10 Years
Min: 91.86 Med: 165.71 Max: 539.11
Current: 149.86

During the past 13 years, Grand Plaza Hotel's highest Days Payable was 539.11. The lowest was 91.86. And the median was 165.71.

PHS:GPH's Days Payable is ranked better than
77.12% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.71 vs PHS:GPH: 149.86

Grand Plaza Hotel's Days Payable increased from Mar. 2023 (483.97) to Mar. 2024 (807.71). It may suggest that Grand Plaza Hotel delayed paying its suppliers.

Grand Plaza Hotel Days Payable Historical Data

The historical data trend for Grand Plaza Hotel'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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Grand Plaza Hotel Days Payable Chart

Grand Plaza Hotel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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102.34

182.37

179.47

151.94

141.01

Grand Plaza Hotel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															483.97	423.65	599.47	48.61	807.71

Competitive Comparison of Grand Plaza Hotel's Days Payable

For the Lodging subindustry, Grand Plaza Hotel'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.

Grand Plaza Hotel's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Grand Plaza Hotel's Days Payable falls into.

Grand Plaza Hotel 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.

Grand Plaza Hotel'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
=	( (46.701	+	75.331)	/	2 )	/	157.934	*	365
=	61.016					/	157.934	*	365
=	141.01

Grand Plaza Hotel's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (75.331	+	86.831)	/	2 )	/	9.16	*	365 / 4
=	81.081					/	9.16	*	365 / 4
=	807.71

Grand Plaza Hotel Days Payable Related Terms

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Grand Plaza Hotel (PHS:GPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grand Plaza Hotel Corp (PHS:GPH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Roxas Boulevard corner EDSA Extension, 10th Floor, The Heritage Hotel Manila, Pasay, PHL

Website

https://www.grandplazahotelcorp.com

Grand Plaza Hotel Corp operates in the hospitality industry. The company owns, leases and manages hotels, inns, and resorts. It operates hotels that offer rooms, facilities, and amenities such as restaurants, function halls, grand ballroom, gymnasium, and outdoor swimming pool.

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