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Dan Hotels (XTAE:DANH) Days Payable : 46.52 (As of Jun. 2024)


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What is Dan Hotels Days Payable?

Dan Hotels's average Accounts Payable for the three months ended in Jun. 2024 was ₪139 Mil. Dan Hotels's Cost of Goods Sold for the three months ended in Jun. 2024 was ₪273 Mil. Hence, Dan Hotels's Days Payable for the three months ended in Jun. 2024 was 46.52.

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

XTAE:DANH' s Days Payable Range Over the Past 10 Years
Min: 38.08   Med: 44.75   Max: 69.36
Current: 49.99

During the past 13 years, Dan Hotels's highest Days Payable was 69.36. The lowest was 38.08. And the median was 44.75.

XTAE:DANH's Days Payable is ranked worse than
54.99% of 762 companies
in the Travel & Leisure industry
Industry Median: 58.665 vs XTAE:DANH: 49.99

Dan Hotels's Days Payable declined from Jun. 2023 (49.26) to Jun. 2024 (46.52). It may suggest that Dan Hotels accelerated paying its suppliers.


Dan Hotels Days Payable Historical Data

The historical data trend for Dan 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.

* Premium members only.

Dan Hotels Days Payable Chart

Dan Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.96 69.36 47.53 44.33 43.20

Dan Hotels Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only 49.26 47.95 55.65 49.28 46.52

Competitive Comparison of Dan Hotels's Days Payable

For the Lodging subindustry, Dan 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.


Dan Hotels's Days Payable Distribution in the Travel & Leisure Industry

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

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



Dan 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.

Dan 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
=( (130.647 + 125.031) / 2 ) / 1080.138*365
=127.839 / 1080.138*365
=43.20

Dan Hotels's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (136.55 + 142.046) / 2 ) / 273.218*365 / 4
=139.298 / 273.218*365 / 4
=46.52

* 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.


Dan Hotels Days Payable Related Terms

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Dan Hotels Business Description

Traded in Other Exchanges
N/A
Address
111 Hayarkon Street, Tel Aviv, ISR, 63571
Dan Hotels Ltd owns and operates hotel chain in Israel. The company's collection includes approximately 14 hotels. It also owns and manages VIP Lounges at Ben Gurion Airport. In addition it provides catering services to the Israeli defense forces.

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