Real Luck Group (TSXV:LUCK) Days Payable : 525.09 (As of Sep. 2023)

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What is Real Luck Group Days Payable?

Real Luck Group's average Accounts Payable for the three months ended in Sep. 2023 was C$1.64 Mil. Real Luck Group's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.29 Mil. Hence, Real Luck Group's Days Payable for the three months ended in Sep. 2023 was 525.09.

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

TSXV:LUCK' s Days Payable Range Over the Past 10 Years
Min: 170.55 Med: 276.62 Max: 500.93
Current: 384.55

During the past 4 years, Real Luck Group's highest Days Payable was 500.93. The lowest was 170.55. And the median was 276.62.

TSXV:LUCK's Days Payable is ranked better than
89.85% of 749 companies
in the Travel & Leisure industry
Industry Median: 59.49 vs TSXV:LUCK: 384.55

Real Luck Group's Days Payable increased from Jun. 2022 (394.69) to Sep. 2023 (525.09). It may suggest that Real Luck Group delayed paying its suppliers.

Real Luck Group Days Payable Historical Data

The historical data trend for Real Luck 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.

Real Luck Group Days Payable Chart

Real Luck Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

261.36

291.87

500.93

170.55

Real Luck Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial										394.69	106.56	198.23	59.05	525.09

Competitive Comparison of Real Luck Group's Days Payable

For the Gambling subindustry, Real Luck 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.

Real Luck Group's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Real Luck Group's Days Payable falls into.

Real Luck 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.

Real Luck Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.395	+	0.233)	/	2 )	/	0.672	*	365
=	0.314					/	0.672	*	365
=	170.55

Real Luck Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.409	+	2.871)	/	2 )	/	0.285	*	365 / 4
=	1.64					/	0.285	*	365 / 4
=	525.09

Real Luck Group Days Payable Related Terms

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Real Luck Group (TSXV:LUCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Real Luck Group Ltd (TSXV:LUCK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LUKEF:USA

Address

350 7th Avenue SW, Suite 3400, Calgary, AB, CAN, T2P 3N9

Website

https://www.realluckgroup.com

Real Luck Group Ltd is a betting company that offers legal, real-money betting, live streams, and statistics on all esports and sports on desktop and mobile devices. The company has a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the company offers an extensive range of betting options for esports tournaments and an in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the company to deliver deep esports betting coverage.

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