Hilton Grand Vacations Inc (HGV)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
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| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Hilton Grand Vacations Inc in Q4 2023 was 270.93 days, indicating that, on average, the company takes approximately 270.93 days to pay its suppliers. This can suggest that Hilton Grand Vacations Inc may be taking longer to settle its outstanding payables, which could potentially impact its relationships with suppliers and affect the company's liquidity position. It is important for the company to monitor and manage its payables effectively to maintain a healthy cash flow and relationship with its vendors. Comparing this data with historical figures, there seems to be an increase in the number of days of payables from Q4 2022, where it was 110.57 days, which may warrant further investigation into the company's payment policies and financial standing.