NH Hotel Group (FRA:NH5) Days Payable : 1,138.05 (As of Dec. 2023)

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What is NH Hotel Group Days Payable?

NH Hotel Group's average Accounts Payable for the six months ended in Dec. 2023 was €297 Mil. NH Hotel Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €48 Mil. Hence, NH Hotel Group's Days Payable for the six months ended in Dec. 2023 was 1,138.05.

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

FRA:NH5' s Days Payable Range Over the Past 10 Years
Min: 964.51 Med: 1150.21 Max: 2734.98
Current: 1144.42

During the past 13 years, NH Hotel Group's highest Days Payable was 2734.98. The lowest was 964.51. And the median was 1150.21.

FRA:NH5's Days Payable is ranked better than
96.42% of 754 companies
in the Travel & Leisure industry
Industry Median: 58.07 vs FRA:NH5: 1144.42

NH Hotel Group's Days Payable declined from Dec. 2022 (1,238.35) to Dec. 2023 (1,138.05). It may suggest that NH Hotel Group accelerated paying its suppliers.

NH Hotel Group Days Payable Historical Data

The historical data trend for NH Hotel Group'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.

NH Hotel Group Days Payable Chart

NH Hotel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,032.29

2,734.98

2,248.77

1,273.99

1,130.13

NH Hotel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															1,626.83	1,740.88	1,238.35	1,166.37	1,138.05

Competitive Comparison of NH Hotel Group's Days Payable

For the Lodging subindustry, NH Hotel Group'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.

NH Hotel Group's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where NH Hotel Group's Days Payable falls into.

NH Hotel Group 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.

NH Hotel Group'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
=	( (263.618	+	301.441)	/	2 )	/	91.249	*	365
=	282.5295					/	91.249	*	365
=	1,130.13

NH Hotel Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (293.25	+	301.441)	/	2 )	/	47.683	*	365 / 2
=	297.3455					/	47.683	*	365 / 2
=	1,138.05

NH Hotel Group Days Payable Related Terms

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NH Hotel Group (FRA:NH5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NH Hotel Group SA (FRA:NH5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NHHEF:USA NHH:Spain NH5:Germany

Address

Calle Santa Engracia, 120, 7th floor, Madrid, ESP, 28003

Website

https://www.nh-hoteles.es

NH Hotel Group SA is a Spanish owner and operator of hotels. The company reports turnover across four segments: hotel occupancy, catering, meeting rooms, and rentals & other services. Hotel occupancy represents more than half consolidated turnover, with catering the next largest contributor. Hotel occupancy and catering together represent the vast majority of the company's turnover. Its geographical segments include BUSE (Southern Europe), which includes Italy, Spain, Portugal, France, Andorra, Tunisia, and the USA; BUNE segment includes Central Europe & Benelux; and BUAM, which includes Latin America, which includes: Argentina, Brazil, Chile, Colombia, Cuba, Ecuador, Haiti, Mexico and Uruguay.

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