Gambling.com Group (Gambling.com Group) Days Payable : 29.37 (As of Dec. 2023)

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What is Gambling.com Group Days Payable?

Gambling.com Group's average Accounts Payable for the three months ended in Dec. 2023 was $1.6 Mil. Gambling.com Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.1 Mil. Hence, Gambling.com Group's Days Payable for the three months ended in Dec. 2023 was 29.37.

The historical rank and industry rank for Gambling.com Group's Days Payable or its related term are showing as below:

GAMB' s Days Payable Range Over the Past 10 Years
Min: 62.03 Med: 101.33 Max: 140.62
Current: 106.06

During the past 5 years, Gambling.com Group's highest Days Payable was 140.62. The lowest was 62.03. And the median was 101.33.

GAMB's Days Payable is ranked better than
67.72% of 756 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs GAMB: 106.06

Gambling.com Group's Days Payable declined from Dec. 2022 (191.78) to Dec. 2023 (29.37). It may suggest that Gambling.com Group accelerated paying its suppliers.

Gambling.com Group Days Payable Historical Data

The historical data trend for Gambling.com Group'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.

Gambling.com Group Days Payable Chart

Gambling.com Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

140.62

62.03

Gambling.com Group Quarterly Data
	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												191.78	330.47	444.39	89.67	29.37

Competitive Comparison of Gambling.com Group's Days Payable

For the Gambling subindustry, Gambling.com Group'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.

Gambling.com Group's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gambling.com Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Gambling.com Group's Days Payable falls into.

Gambling.com Group 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.

Gambling.com Group'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
=	( (1.235	+	1.862)	/	2 )	/	9.112	*	365
=	1.5485					/	9.112	*	365
=	62.03

Gambling.com Group'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
=	( (1.414	+	1.862)	/	2 )	/	5.089	*	365 / 4
=	1.638					/	5.089	*	365 / 4
=	29.37

Gambling.com Group Days Payable Related Terms

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Gambling.com Group (Gambling.com Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gambling.com Group Ltd (NAS:GAMB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6WH:Germany

Address

22 Grenville Street, Saint Helier, JEY, JE4 8PX

Website

https://www.gambling.com

Gambling.com Group Ltd is a multi-award-winning performance marketing company and a provider of digital marketing services in the online gambling industry. Its principal focus is on iGaming and sports betting. It generates revenue by referring online gamblers to online gambling operators.