Kings Entertainment Group (XCNQ:JKPT) Days Payable : 262.94 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Kings Entertainment Group Days Payable?

Kings Entertainment Group's average Accounts Payable for the three months ended in Sep. 2023 was C$2.88 Mil. Kings Entertainment Group's Cost of Goods Sold for the three months ended in Sep. 2023 was C$1.00 Mil. Hence, Kings Entertainment Group's Days Payable for the three months ended in Sep. 2023 was 262.94.

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

XCNQ:JKPT' s Days Payable Range Over the Past 10 Years
Min: 72.34 Med: 185.23 Max: 387.02
Current: 330.48

During the past 3 years, Kings Entertainment Group's highest Days Payable was 387.02. The lowest was 72.34. And the median was 185.23.

XCNQ:JKPT's Days Payable is not ranked
in the Travel & Leisure industry.
Industry Median: 58.165 vs XCNQ:JKPT: 330.48

Kings Entertainment Group's Days Payable declined from Sep. 2022 (311.76) to Sep. 2023 (262.94). It may suggest that Kings Entertainment Group accelerated paying its suppliers.

Kings Entertainment Group Days Payable Historical Data

The historical data trend for Kings Entertainment 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.

Kings Entertainment Group Days Payable Chart

Kings Entertainment Group Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

72.34

185.23

387.02

Kings Entertainment Group Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial							311.76	256.39	430.46	377.44	262.94

Competitive Comparison of Kings Entertainment Group's Days Payable

For the Gambling subindustry, Kings Entertainment 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.

Kings Entertainment Group's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Kings Entertainment Group's Days Payable falls into.

Kings Entertainment 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.

Kings Entertainment 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
=	( (2.734	+	2.627)	/	2 )	/	2.528	*	365
=	2.6805					/	2.528	*	365
=	387.02

Kings Entertainment 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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.479	+	4.284)	/	2 )	/	1	*	365 / 4
=	2.8815					/	1	*	365 / 4
=	262.94

Kings Entertainment Group Days Payable Related Terms

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

Kings Entertainment Group (XCNQ:JKPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kings Entertainment Group Inc (XCNQ:JKPT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KENGF:USA L12:Germany

Address

505 Burrard Street, Suite 1570, Vancouver, BC, CAN

Website

Kings Entertainment Group Inc is the parent company of global lottery brand LottoKings group. As international online service providers for the lottery, casino, and sportsbook gambling, these brands leverage their ability to acquire pre-qualified players through renowned lottery offerings, then engage in a range of casino and sportsbook offerings.

Kings Entertainment Group (XCNQ:JKPT) Headlines

No Headlines