Landis Taipei Hotel Co (ROCO:5703) Days Payable : 12.03 (As of Mar. 2024)

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What is Landis Taipei Hotel Co Days Payable?

Landis Taipei Hotel Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$9.6 Mil. Landis Taipei Hotel Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$72.9 Mil. Hence, Landis Taipei Hotel Co's Days Payable for the three months ended in Mar. 2024 was 12.03.

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

ROCO:5703' s Days Payable Range Over the Past 10 Years
Min: 10.67 Med: 16.86 Max: 22.26
Current: 11.41

During the past 13 years, Landis Taipei Hotel Co's highest Days Payable was 22.26. The lowest was 10.67. And the median was 16.86.

ROCO:5703's Days Payable is ranked worse than
92.47% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.94 vs ROCO:5703: 11.41

Landis Taipei Hotel Co's Days Payable declined from Mar. 2023 (14.76) to Mar. 2024 (12.03). It may suggest that Landis Taipei Hotel Co accelerated paying its suppliers.

Landis Taipei Hotel Co Days Payable Historical Data

The historical data trend for Landis Taipei Hotel Co'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.

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Landis Taipei Hotel Co Days Payable Chart

Landis Taipei Hotel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.67

22.26

21.22

20.92

17.56

Landis Taipei Hotel Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															14.76	10.94	9.68	12.47	12.03

Competitive Comparison of Landis Taipei Hotel Co's Days Payable

For the Lodging subindustry, Landis Taipei Hotel Co'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.

Landis Taipei Hotel Co's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Landis Taipei Hotel Co's Days Payable falls into.

Landis Taipei Hotel Co 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.

Landis Taipei Hotel Co'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
=	( (12.74	+	11.392)	/	2 )	/	250.828	*	365
=	12.066					/	250.828	*	365
=	17.56

Landis Taipei Hotel Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (11.392	+	7.821)	/	2 )	/	72.878	*	365 / 4
=	9.6065					/	72.878	*	365 / 4
=	12.03

Landis Taipei Hotel Co Days Payable Related Terms

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Landis Taipei Hotel Co (ROCO:5703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Landis Taipei Hotel Co Ltd (ROCO:5703) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 41, Minquan East Road, Section 2, Zhongshan District, Taipei, TWN, 104

Website

https://taipei.landishotelsresorts.com

Landis Taipei Hotel Co Ltd is engaged in the provision of hotel accommodations and the operation of restaurants. It mainly engages in international tourist hotel business, along with auxiliary restaurants, cafe, and bar businesses. It also supplies related facilities, such as conference halls, gyms, parking lots, and associated services for some special events. The reporting segments of the group are The Company, Liz Dining, and other segment, of which prime revenue is derived from the Company segment.

Landis Taipei Hotel Co (ROCO:5703) Headlines

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