SSAW Hotels & Resorts Group Co (SZSE:301073) Days Payable : 48.82 (As of Mar. 2024)

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What is SSAW Hotels & Resorts Group Co Days Payable?

SSAW Hotels & Resorts Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥59.9 Mil. SSAW Hotels & Resorts Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥111.9 Mil. Hence, SSAW Hotels & Resorts Group Co's Days Payable for the three months ended in Mar. 2024 was 48.82.

The historical rank and industry rank for SSAW Hotels & Resorts Group Co's Days Payable or its related term are showing as below:

SZSE:301073' s Days Payable Range Over the Past 10 Years
Min: 25.42 Med: 37.55 Max: 49.1
Current: 46.63

During the past 10 years, SSAW Hotels & Resorts Group Co's highest Days Payable was 49.10. The lowest was 25.42. And the median was 37.55.

SZSE:301073's Days Payable is ranked worse than
57.71% of 752 companies
in the Travel & Leisure industry
Industry Median: 59.01 vs SZSE:301073: 46.63

SSAW Hotels & Resorts Group Co's Days Payable increased from Mar. 2023 (36.86) to Mar. 2024 (48.82). It may suggest that SSAW Hotels & Resorts Group Co delayed paying its suppliers.

SSAW Hotels & Resorts Group Co Days Payable Historical Data

The historical data trend for SSAW Hotels & Resorts Group 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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SSAW Hotels & Resorts Group Co Days Payable Chart

SSAW Hotels & Resorts Group Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.70

35.39

28.05

35.54

48.98

SSAW Hotels & Resorts Group Co Quarterly Data
	Dec18	Jun19	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															36.86	36.08	43.76	57.96	48.82

Competitive Comparison of SSAW Hotels & Resorts Group Co's Days Payable

For the Lodging subindustry, SSAW Hotels & Resorts Group 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.

SSAW Hotels & Resorts Group Co's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where SSAW Hotels & Resorts Group Co's Days Payable falls into.

SSAW Hotels & Resorts Group 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.

SSAW Hotels & Resorts Group 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
=	( (28.404	+	57.958)	/	2 )	/	321.789	*	365
=	43.181					/	321.789	*	365
=	48.98

SSAW Hotels & Resorts Group 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
=	( (57.958	+	61.758)	/	2 )	/	111.883	*	365 / 4
=	59.858					/	111.883	*	365 / 4
=	48.82

SSAW Hotels & Resorts Group Co Days Payable Related Terms

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SSAW Hotels & Resorts Group Co (SZSE:301073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SSAW Hotels & Resorts Group Co Ltd (SZSE:301073) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 29, Xueyuan Road, Xihu District, Zhejiang Province, Hangzhou City, CHN, 310013

Website

http://www.ssawhotels.com

SSAW Hotels & Resorts Group Co Ltd is engaged in the operation and management of mid-to-high-end selected service chain hotels.

SSAW Hotels & Resorts Group Co (SZSE:301073) Headlines

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