Pointsbet Holdings (ASX:PBH) Days Payable

: 84.02 (As of Dec. 2023)

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Pointsbet Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$27.2 Mil. Pointsbet Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$59.1 Mil. Hence, Pointsbet Holdings's Days Payable for the six months ended in Dec. 2023 was 84.02.

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

ASX:PBH' s Days Payable Range Over the Past 10 Years
Min: 13.79 Med: 25.73 Max: 267.95
Current: 267.95

During the past 5 years, Pointsbet Holdings's highest Days Payable was 267.95. The lowest was 13.79. And the median was 25.73.

ASX:PBH's Days Payable is ranked better than
86.13% of 750 companies
in the Travel & Leisure industry
Industry Median: 60.1 vs ASX:PBH: 267.95

Pointsbet Holdings's Days Payable increased from Dec. 2022 (63.03) to Dec. 2023 (84.02). It may suggest that Pointsbet Holdings delayed paying its suppliers.

Pointsbet Holdings Days Payable Historical Data

The historical data trend for Pointsbet Holdings'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.

Pointsbet Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

120.13

60.97

23.28

13.79

25.73

Pointsbet Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						62.31	58.99	63.03	-	84.02

Competitive Comparison

For the Gambling subindustry, Pointsbet Holdings'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.

Pointsbet Holdings Days Payable Distribution

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

* The bar in red indicates where Pointsbet Holdings's Days Payable falls into.

Pointsbet Holdings 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.

Pointsbet Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (7.041	+	7.703)	/	2 )	/	104.595	*	365
=	7.372					/	104.595	*	365
=	25.73

Pointsbet Holdings'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
=	( (7.703	+	46.714)	/	2 )	/	59.098	*	365 / 2
=	27.2085					/	59.098	*	365 / 2
=	84.02

Pointsbet Holdings Days Payable Related Terms

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Pointsbet Holdings (ASX:PBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pointsbet Holdings Ltd (ASX:PBH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PBTHF:USA

Address

165 Cremorne Street, Level 2, Cremorne, VIC, AUS, 3121

Website

https://www.pointsbet.com.au

Pointsbet Holdings Ltd is a licensed corporate bookmaker with operations in Australia and the United States. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients sports and racing wagering products. PointsBet's product offering includes Fixed Odds Sports, Fixed Odds Racing, PointsBetting and iGaming. The company had been appointed as an Official Sports Betting Partner of the NHL. Its reportable segments consist of Australian Trading, Technology and Canada Trading. The company derives revenue from the Australia segment which includes revenue from sports and race betting services provided to Australian customers.