Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Days Payable : 80.63 (As of Oct. 2023)

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What is Fermiere du Casino Municipal de Cannes Days Payable?

Fermiere du Casino Municipal de Cannes's average Accounts Payable for the six months ended in Oct. 2023 was €10.8 Mil. Fermiere du Casino Municipal de Cannes's Cost of Goods Sold for the six months ended in Oct. 2023 was €24.5 Mil. Hence, Fermiere du Casino Municipal de Cannes's Days Payable for the six months ended in Oct. 2023 was 80.63.

The historical rank and industry rank for Fermiere du Casino Municipal de Cannes's Days Payable or its related term are showing as below:

XPAR:FCMC' s Days Payable Range Over the Past 10 Years
Min: 56.34 Med: 73 Max: 84.43
Current: 84.43

During the past 13 years, Fermiere du Casino Municipal de Cannes's highest Days Payable was 84.43. The lowest was 56.34. And the median was 73.00.

XPAR:FCMC's Days Payable is ranked better than
60.58% of 756 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs XPAR:FCMC: 84.43

Fermiere du Casino Municipal de Cannes's Days Payable increased from Oct. 2022 (70.28) to Oct. 2023 (80.63). It may suggest that Fermiere du Casino Municipal de Cannes delayed paying its suppliers.

Fermiere du Casino Municipal de Cannes Days Payable Historical Data

The historical data trend for Fermiere du Casino Municipal de Cannes'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.

Fermiere du Casino Municipal de Cannes Days Payable Chart

Fermiere du Casino Municipal de Cannes Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

Get a 7-Day Free Trial

66.63

79.25

79.94

78.47

79.97

Fermiere du Casino Municipal de Cannes Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial															63.97	80.67	70.28	93.45	80.63

Competitive Comparison of Fermiere du Casino Municipal de Cannes's Days Payable

For the Resorts & Casinos subindustry, Fermiere du Casino Municipal de Cannes'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.

Fermiere du Casino Municipal de Cannes's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fermiere du Casino Municipal de Cannes's Days Payable distribution charts can be found below:

* The bar in red indicates where Fermiere du Casino Municipal de Cannes's Days Payable falls into.

Fermiere du Casino Municipal de Cannes 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.

Fermiere du Casino Municipal de Cannes's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (10.477	+	9.779)	/	2 )	/	46.229	*	365
=	10.128					/	46.229	*	365
=	79.97

Fermiere du Casino Municipal de Cannes's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (11.826	+	9.779)	/	2 )	/	24.451	*	365 / 2
=	10.8025					/	24.451	*	365 / 2
=	80.63

Fermiere du Casino Municipal de Cannes Days Payable Related Terms

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Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fermiere du Casino Municipal de Cannes (XPAR:FCMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Le Casino Croisette, 1 espace Lucien Barriere, Cannes, FRA, 06400

Website

http://www.lucienbarriere.com

Fermiere du Casino Municipal de Cannes operates a chain of casino hotels in France. The company offers accommodation, casinos, restaurants, golf courses, spas, and event management.

Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Headlines

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