Hyatt Hotels Corporation (H)

Number of days of payables

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Payables turnover 2.15 2.45 1.70 1.60 1.71 2.30 1.76 1.47 1.53 1.60 0.99 0.94 0.84 3.97 3.95 5.32 4.88 4.78 5.22 2.89
Number of days of payables days 169.48 148.93 214.86 227.97 213.97 158.45 206.99 248.51 238.25 228.55 366.99 389.24 433.85 91.88 92.51 68.56 74.76 76.33 69.99 126.42

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.15
= 169.48

The number of days of payables for Hyatt Hotels Corporation has shown fluctuations over the past few years. As of March 31, 2020, the company took approximately 126.42 days to pay off its payables, which decreased to 69.99 days by June 30, 2020. The trend continued to improve, reaching a low of 68.56 days by March 31, 2021.

However, from June 30, 2021, there was a noticeable increase in the number of days of payables, with the figure rising to 433.85 days by December 31, 2021. This significant spike may indicate challenges in managing payables effectively during that period.

Subsequently, there was a gradual decline in the number of days of payables, dropping to 148.93 days by September 30, 2024. Overall, it is essential for Hyatt Hotels Corporation to closely monitor and manage its payables to ensure efficient cash flow and financial stability.