Hilton Worldwide Holdings Inc (HLT)

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		1.37	—	—	—	1.30	—	—	—	1.48	—	—	—	2.16	—	—	—	4.20	—	—	—
Number of days of payables	days	266.11	—	—	—	281.29	—	—	—	246.91	—	—	—	168.65	—	—	—	86.89	—	—	—

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.37
= 266.11

The number of days of payables for Hilton Worldwide Holdings Inc has shown varying trends over the years. As of December 31, 2020, the company had an average payable period of 86.89 days, indicating that on average, it takes approximately 86.89 days for Hilton to pay its suppliers or vendors.

This number increased significantly by December 31, 2021, to 168.65 days, suggesting that Hilton was taking longer to settle its payables compared to the previous period. By December 31, 2022, the number further rose to 246.91 days, indicating a continued trend of extended payment periods.

However, by December 31, 2023, the days of payables reached a peak of 281.29 days, demonstrating a further delay in settling outstanding obligations to suppliers or vendors. This substantial increase may raise concerns about Hilton's liquidity management and its relationships with its supply chain partners.

It is essential for stakeholders to monitor Hilton's payables closely to ensure that the company maintains a balance between managing working capital effectively and preserving supplier relationships. Further analysis of the company's cash flow and financial health may provide additional insights into its payment practices and overall financial stability.