GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Light & Wonder Inc (NAS:LNW) » Definitions » Days Payable

Light & Wonder (Light & Wonder) Days Payable : 78.58 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Light & Wonder Days Payable?

Light & Wonder's average Accounts Payable for the three months ended in Dec. 2023 was $202 Mil. Light & Wonder's Cost of Goods Sold for the three months ended in Dec. 2023 was $234 Mil. Hence, Light & Wonder's Days Payable for the three months ended in Dec. 2023 was 78.58.

The historical rank and industry rank for Light & Wonder's Days Payable or its related term are showing as below:

LNW' s Days Payable Range Over the Past 10 Years
Min: 52.17   Med: 73.21   Max: 112.49
Current: 76.77

During the past 13 years, Light & Wonder's highest Days Payable was 112.49. The lowest was 52.17. And the median was 73.21.

LNW's Days Payable is ranked better than
56.12% of 752 companies
in the Travel & Leisure industry
Industry Median: 59.595 vs LNW: 76.77

Light & Wonder's Days Payable increased from Dec. 2022 (73.81) to Dec. 2023 (78.58). It may suggest that Light & Wonder delayed paying its suppliers.


Light & Wonder Days Payable Historical Data

The historical data trend for Light & Wonder'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.

* Premium members only.

Light & Wonder Days Payable Chart

Light & Wonder Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.33 112.49 106.08 88.53 82.67

Light & Wonder Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.81 77.47 75.34 69.69 78.58

Competitive Comparison of Light & Wonder's Days Payable

For the Gambling subindustry, Light & Wonder'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.


Light & Wonder's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Light & Wonder's Days Payable distribution charts can be found below:

* The bar in red indicates where Light & Wonder's Days Payable falls into.



Light & Wonder 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.

Light & Wonder'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
=( (154 + 241) / 2 ) / 872*365
=197.5 / 872*365
=82.67

Light & Wonder's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (162 + 241) / 2 ) / 234*365 / 4
=201.5 / 234*365 / 4
=78.58

* 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.


Light & Wonder Days Payable Related Terms

Thank you for viewing the detailed overview of Light & Wonder's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Light & Wonder (Light & Wonder) Business Description

Traded in Other Exchanges
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the top three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about a quarter of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.
Executives
Vanja Kalabic officer: Chief Accounting Officer LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89118
Maria T Vullo director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Antonia Korsanos director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Oliver Chow officer: Interim CFO LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Hamish Mclennan director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Jamie Odell director C/O LIGHT & WONDER, INC., 6601 BERMUDA RD, LAS VEGAS NV 89119
Fine Capital Partners, L.p. 10 percent owner 3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Michael J Regan director 14 BRENNER PLACE, DEMAREST NJ 07627
Siobhan Lane officer: EVP & Grp Chief Exec of Gaming C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Stephen W Morro director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Debra Fine 10 percent owner 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
Fine Capital Advisors, Llc 10 percent owner 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
James Constance P. officer: EVP, CFO, Treas & Corp Sec C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Ronald O Perelman director, 10 percent owner 35 EAST 62ND STREET, NEW YORK NY 10021