NexPoint Hospitality Trust (TSXV:NHT.U) Days Payable : 14.17 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is NexPoint Hospitality Trust Days Payable?

NexPoint Hospitality Trust's average Accounts Payable for the three months ended in Sep. 2023 was $0.84 Mil. NexPoint Hospitality Trust's Cost of Goods Sold for the three months ended in Sep. 2023 was $5.42 Mil. Hence, NexPoint Hospitality Trust's Days Payable for the three months ended in Sep. 2023 was 14.17.

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

TSXV:NHT.U' s Days Payable Range Over the Past 10 Years
Min: 17.97 Med: 42.01 Max: 54.23
Current: 28.51

During the past 4 years, NexPoint Hospitality Trust's highest Days Payable was 54.23. The lowest was 17.97. And the median was 42.01.

TSXV:NHT.U's Days Payable is ranked worse than
84.7% of 523 companies
in the REITs industry
Industry Median: 126.29 vs TSXV:NHT.U: 28.51

NexPoint Hospitality Trust's Days Payable declined from Sep. 2022 (61.48) to Sep. 2023 (14.17). It may suggest that NexPoint Hospitality Trust accelerated paying its suppliers.

NexPoint Hospitality Trust Days Payable Historical Data

The historical data trend for NexPoint Hospitality 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.

* Premium members only.

NexPoint Hospitality Trust Days Payable Chart

NexPoint Hospitality Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

17.97

44.56

54.23

39.45

NexPoint Hospitality Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial														61.48	35.32	32.42	41.97	14.17

Competitive Comparison of NexPoint Hospitality Trust's Days Payable

For the REIT - Hotel & Motel subindustry, NexPoint Hospitality 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.

NexPoint Hospitality Trust's Days Payable Distribution in the REITs Industry

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

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

NexPoint Hospitality 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.

NexPoint Hospitality Trust'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
=	( (1.709	+	2.44)	/	2 )	/	19.194	*	365
=	2.0745					/	19.194	*	365
=	39.45

NexPoint Hospitality Trust's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.822	+	0.861)	/	2 )	/	5.42	*	365 / 4
=	0.8415					/	5.42	*	365 / 4
=	14.17

NexPoint Hospitality Trust Days Payable Related Terms

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

NexPoint Hospitality Trust (TSXV:NHT.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NexPoint Hospitality Trust (TSXV:NHT.U) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7

Website

https://www.nexpointhospitality.com

NexPoint Hospitality Trust is an open-ended real estate investment trust. The REIT has been created for the purpose of acquiring a portfolio of hospitality assets located in the United States and raising capital to acquire additional U.S.-located hospitality assets that meet its investment objectives. The objectives of NHT are to provide unitholders with an opportunity to invest in an initial portfolio of extended-stay, select-service, and efficient full-service hotels. It has one segment owning and operating hotel properties in the U.S.

NexPoint Hospitality Trust (TSXV:NHT.U) Headlines

No Headlines