Entertainment Gaming Asia (Entertainment Gaming Asia) Days Payable : 51.04 (As of Mar. 2017)

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What is Entertainment Gaming Asia Days Payable?

Entertainment Gaming Asia's average Accounts Payable for the three months ended in Mar. 2017 was $0.21 Mil. Entertainment Gaming Asia's Cost of Goods Sold for the three months ended in Mar. 2017 was $0.37 Mil. Hence, Entertainment Gaming Asia's Days Payable for the three months ended in Mar. 2017 was 51.04.

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

EGT's Days Payable is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 60.455
* Ranked among companies with meaningful Days Payable only.

Entertainment Gaming Asia's Days Payable declined from Mar. 2016 (128.44) to Mar. 2017 (51.04). It may suggest that Entertainment Gaming Asia accelerated paying its suppliers.

Entertainment Gaming Asia Days Payable Historical Data

The historical data trend for Entertainment Gaming Asia'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.

Entertainment Gaming Asia Days Payable Chart

Entertainment Gaming Asia Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Payable

Get a 7-Day Free Trial

53.65

56.51

148.99

95.28

42.04

Entertainment Gaming Asia Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Days Payable	Get a 7-Day Free Trial															128.44	62.95	66.41	-	51.04

Competitive Comparison of Entertainment Gaming Asia's Days Payable

For the Gambling subindustry, Entertainment Gaming Asia'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.

Entertainment Gaming Asia's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Entertainment Gaming Asia's Days Payable falls into.

Entertainment Gaming Asia 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.

Entertainment Gaming Asia's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

	Days Payable (A: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2015 )	+	Accounts Payable (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (0.288	+	0.079)	/	2 )	/	1.593	*	365
=	0.1835					/	1.593	*	365
=	42.04

Entertainment Gaming Asia's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

	Days Payable (Q: Mar. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2016 )	+	Accounts Payable (Q: Mar. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2017 )	*	Days in Period
=	( (0.079	+	0.336)	/	2 )	/	0.371	*	365 / 4
=	0.2075					/	0.371	*	365 / 4
=	51.04

Entertainment Gaming Asia Days Payable Related Terms

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Entertainment Gaming Asia (Entertainment Gaming Asia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Entertainment Gaming Asia Inc (NAS:EGT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.egt-group.com

Entertainment Gaming Asia Inc.

Executives

Vincent L Divito	director	329 DOLPHIN LANE, WEST BABYLON NY 11704
Kanhee Anthony Tyen	director	27B, PO GARDON, 9 BREWIN PATH, HONG KONG K3 --
Robert L Miodunski	director	6601 S BERMUDA RD, LAS VEGAS NV 89119
Mark Newburg	other: Employee	6830 SPENCER STREET, LAS VEGAS NV 89119
Arnaldo Arnie Galassi	other: Employee	6600 AMELIA EARHART CT., LAS VEGAS NV 89119

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