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International Hotel Investments (MAL:IHI) Days Payable : 133.08 (As of Dec. 2023)


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What is International Hotel Investments Days Payable?

International Hotel Investments's average Accounts Payable for the six months ended in Dec. 2023 was €59.5 Mil. International Hotel Investments's Cost of Goods Sold for the six months ended in Dec. 2023 was €81.6 Mil. Hence, International Hotel Investments's Days Payable for the six months ended in Dec. 2023 was 133.08.

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

MAL:IHI' s Days Payable Range Over the Past 10 Years
Min: 44.92   Med: 62.15   Max: 175.94
Current: 175.94

During the past 13 years, International Hotel Investments's highest Days Payable was 175.94. The lowest was 44.92. And the median was 62.15.

MAL:IHI's Days Payable is ranked better than
79.58% of 759 companies
in the Travel & Leisure industry
Industry Median: 59.8 vs MAL:IHI: 175.94

International Hotel Investments's Days Payable declined from Dec. 2022 (135.66) to Dec. 2023 (133.08). It may suggest that International Hotel Investments accelerated paying its suppliers.


International Hotel Investments Days Payable Historical Data

The historical data trend for International Hotel Investments'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.

International Hotel Investments Days Payable Chart

International Hotel Investments 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 51.38 104.45 73.46 47.04 47.23

International Hotel Investments 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 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 186.69 193.24 135.66 151.28 133.08

Competitive Comparison of International Hotel Investments's Days Payable

For the Lodging subindustry, International Hotel Investments'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.


International Hotel Investments's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where International Hotel Investments's Days Payable falls into.



International Hotel Investments 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.

International Hotel Investments'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
=( (17.784 + 21.36) / 2 ) / 151.241*365
=19.572 / 151.241*365
=47.23

International Hotel Investments'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
=( (97.658 + 21.36) / 2 ) / 81.61*365 / 2
=59.509 / 81.61*365 / 2
=133.08

* 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.


International Hotel Investments Days Payable Related Terms

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International Hotel Investments (MAL:IHI) Business Description

Traded in Other Exchanges
N/A
Address
22 Europa Centre, Floriana, MLT, FRN 1400
International Hotel Investments PLC operates in the hotel industry. The company is engaged in the ownership, development and operation of hotels, leisure facilities and other activities related to the tourism industry. It has operations spread across various geographical locations which include Malta, Lisbon; Budapest; St. Petersburg; Prague; London, and Tripoli. The company derives a most of revenue from London.

International Hotel Investments (MAL:IHI) Headlines

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