Diamondrock Hospitality Co (FRA:HBO) Accounts Payable & Accrued Expense : €150 Mil (As of Mar. 2024)

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What is Diamondrock Hospitality Co Accounts Payable & Accrued Expense?

Diamondrock Hospitality Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (€167 Mil) to Dec. 2023 (€149 Mil) but then increased from Dec. 2023 (€149 Mil) to Mar. 2024 (€150 Mil).

Diamondrock Hospitality Co's annual accounts payable & accrued expense increased from Dec. 2021 (€121 Mil) to Dec. 2022 (€170 Mil) but then declined from Dec. 2022 (€170 Mil) to Dec. 2023 (€149 Mil).

Diamondrock Hospitality Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Diamondrock Hospitality Co's Accounts Payable & Accrued Expense 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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Diamondrock Hospitality Co Accounts Payable & Accrued Expense Chart

Diamondrock Hospitality Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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162.18

116.80

121.01

169.68

148.93

Diamondrock Hospitality Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															147.29	153.18	166.85	148.93	150.23

Diamondrock Hospitality Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Diamondrock Hospitality Co (FRA:HBO) Business Description

Industry

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Traded in Other Exchanges

DRHpA.PFD:USA DRH:USA

Address

2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814

Website

https://www.drhc.com

Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

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