RLJPA.PFD (RLJ Lodging Trust) Days Payable : 58.28 (As of Dec. 2024)

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What is RLJ Lodging Trust Days Payable?

RLJ Lodging Trust's average Accounts Payable for the three months ended in Dec. 2024 was $154.79 Mil. RLJ Lodging Trust's Cost of Goods Sold for the three months ended in Dec. 2024 was $242.34 Mil. Hence, RLJ Lodging Trust's Days Payable for the three months ended in Dec. 2024 was 58.28.

The historical rank and industry rank for RLJ Lodging Trust's Days Payable or its related term are showing as below:

RLJpA.PFD' s Days Payable Range Over the Past 10 Years
Min: 55.27 Med: 65.42 Max: 131.15
Current: 55.27

During the past 13 years, RLJ Lodging Trust's highest Days Payable was 131.15. The lowest was 55.27. And the median was 65.42.

RLJpA.PFD's Days Payable is ranked worse than
67.63% of 556 companies
in the REITs industry
Industry Median: 109.49 vs RLJpA.PFD: 55.27

RLJ Lodging Trust's Days Payable declined from Dec. 2023 (58.64) to Dec. 2024 (58.28). It may suggest that RLJ Lodging Trust accelerated paying its suppliers.

RLJ Lodging Trust Days Payable Historical Data

The historical data trend for RLJ Lodging Trust'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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RLJ Lodging Trust Days Payable Chart

RLJ Lodging Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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131.15

99.54

68.28

59.29

56.04

RLJ Lodging Trust Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															58.64	54.16	51.88	56.10	58.28

Competitive Comparison of RLJ Lodging Trust's Days Payable

For the REIT - Hotel & Motel subindustry, RLJ Lodging Trust'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.

RLJ Lodging Trust's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, RLJ Lodging Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where RLJ Lodging Trust's Days Payable falls into.

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RLJ Lodging Trust 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.

RLJ Lodging Trust's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (147.819	+	154.643)	/	2 )	/	984.985	*	365
=	151.231					/	984.985	*	365
=	56.04

RLJ Lodging Trust's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (154.933	+	154.643)	/	2 )	/	242.344	*	365 / 4
=	154.788					/	242.344	*	365 / 4
=	58.28

RLJ Lodging Trust Days Payable Related Terms

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RLJ Lodging Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » RLJ Lodging Trust (NYSE:RLJpA.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RLJ:USA

Address

7373 Wisconsin Avenue, Suite 1500, Bethesda, MD, USA, 20814

Website

https://www.rljlodgingtrust.com

RLJ Lodging Trust is a real estate investment trust focused on premium-branded, rooms-oriented, high-margin, focused-service, and compact full-service hotels located within the heart of demand locations. Its hotels are geographically diverse and concentrated in urban markets providing multiple demand generators from business, leisure, and other travelers. Its hotels are under the Marriott, Hilton, and Hyatt brand names. The Hotel is a single reportable segment. Its hotel segment revenues are derived from the operation of hotel properties which includes room revenue by renting hotel rooms, food and beverage revenue from the sale of food and beverages, and other revenue from parking fees, resort fees, gift shop sales, and other guest service fees.