Kings Entertainment Group (XCNQ:JKPT) Days Sales Outstanding : 119.77 (As of Sep. 2023)

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

What is Kings Entertainment Group Days Sales Outstanding?

Kings Entertainment Group's average Accounts Receivable for the three months ended in Sep. 2023 was C$2.98 Mil. Kings Entertainment Group's Revenue for the three months ended in Sep. 2023 was C$2.27 Mil. Hence, Kings Entertainment Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 119.77.

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

XCNQ:JKPT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.46 Med: 55.57 Max: 135.78
Current: 135.78

During the past 3 years, Kings Entertainment Group's highest Days Sales Outstanding was 135.78. The lowest was 54.46. And the median was 55.57.

XCNQ:JKPT's Days Sales Outstanding is not ranked
in the Travel & Leisure industry.
Industry Median: 28.745 vs XCNQ:JKPT: 135.78

Kings Entertainment Group's Days Sales Outstanding increased from Sep. 2022 (73.77) to Sep. 2023 (119.77).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Kings Entertainment Group Days Sales Outstanding Historical Data

The historical data trend for Kings Entertainment Group's Days Sales Outstanding 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 Sales Outstanding Chart

Kings Entertainment Group Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

55.57

54.46

73.95

Kings Entertainment Group Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial							73.77	95.64	144.83	157.83	119.77

Competitive Comparison of Kings Entertainment Group's Days Sales Outstanding

For the Gambling subindustry, Kings Entertainment Group's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution in the Travel & Leisure Industry

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

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

Kings Entertainment Group Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Kings Entertainment Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1.03	+	1.306)	/	2 )	/	5.765	*	365
=	1.168					/	5.765	*	365
=	73.95

Kings Entertainment Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1.677	+	4.287)	/	2 )	/	2.272	*	365 / 4
=	2.982					/	2.272	*	365 / 4
=	119.77

Kings Entertainment Group (XCNQ:JKPT) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Kings Entertainment Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Kings Entertainment Group's Days Sales Outstanding 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 Sales Outstanding

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