Wynn Macau (Wynn Macau) Days Payable : 10.62 (As of Dec. 2023)

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What is Wynn Macau Days Payable?

Wynn Macau's average Accounts Payable for the six months ended in Dec. 2023 was $60 Mil. Wynn Macau's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,036 Mil. Hence, Wynn Macau's Days Payable for the six months ended in Dec. 2023 was 10.62.

The historical rank and industry rank for Wynn Macau's Days Payable or its related term are showing as below:

WYNMY' s Days Payable Range Over the Past 10 Years
Min: 9.06 Med: 21.3 Max: 50.71
Current: 11.03

During the past 13 years, Wynn Macau's highest Days Payable was 50.71. The lowest was 9.06. And the median was 21.30.

WYNMY's Days Payable is ranked worse than
92.8% of 750 companies
in the Travel & Leisure industry
Industry Median: 60.455 vs WYNMY: 11.03

Wynn Macau's Days Payable declined from Dec. 2022 (21.55) to Dec. 2023 (10.62). It may suggest that Wynn Macau accelerated paying its suppliers.

Wynn Macau Days Payable Historical Data

The historical data trend for Wynn Macau'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.

Wynn Macau Days Payable Chart

Wynn Macau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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9.05

19.31

16.43

23.20

10.57

Wynn Macau Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															18.99	18.40	21.55	12.05	10.62

Competitive Comparison of Wynn Macau's Days Payable

For the Resorts & Casinos subindustry, Wynn Macau'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.

Wynn Macau's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Wynn Macau's Days Payable falls into.

Wynn Macau 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.

Wynn Macau'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
=	( (51.446	+	58.456)	/	2 )	/	1897.957	*	365
=	54.951					/	1897.957	*	365
=	10.57

Wynn Macau'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (62.075	+	58.456)	/	2 )	/	1035.635	*	365 / 2
=	60.2655					/	1035.635	*	365 / 2
=	10.62

Wynn Macau Days Payable Related Terms

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Wynn Macau (Wynn Macau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wynn Macau Ltd (OTCPK:WYNMY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WYNMF:USA 01128:Hong Kong 8WY:Germany

Address

Avenida da Nave Desportiva, Wynn Palace, Cotai, MAC

Website

https://www.wynnmacau.com

Wynn Macau operates integrated casino resorts in Macao, including Wynn Macau on the peninsula and Wynn Palace in Cotai. These properties feature with high-end hotels and brand-name stores, making Wynn a high-end iconic brand. Wynn Resorts has a 72% stake in Wynn Macau.

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