DraftKings (BSP:D2KN34) Days Payable : 6.15 (As of Mar. 2025)

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What is DraftKings Days Payable?

DraftKings's average Accounts Payable for the three months ended in Mar. 2025 was R$327 Mil. DraftKings's Cost of Goods Sold for the three months ended in Mar. 2025 was R$4,859 Mil. Hence, DraftKings's Days Payable for the three months ended in Mar. 2025 was 6.15.

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

BSP:D2KN34' s Days Payable Range Over the Past 10 Years
Min: 3.53 Med: 18.53 Max: 87.16
Current: 5.19

During the past 8 years, DraftKings's highest Days Payable was 87.16. The lowest was 3.53. And the median was 18.53.

BSP:D2KN34's Days Payable is ranked worse than
96.48% of 766 companies
in the Travel & Leisure industry
Industry Median: 62.455 vs BSP:D2KN34: 5.19

DraftKings's Days Payable increased from Mar. 2024 (4.32) to Mar. 2025 (6.15). It may suggest that DraftKings delayed paying its suppliers.

DraftKings Days Payable Historical Data

The historical data trend for DraftKings'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.

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DraftKings Days Payable Chart

DraftKings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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21.76

17.94

8.21

3.58

5.01

DraftKings Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															4.32	-	-	5.87	6.15

Competitive Comparison of DraftKings's Days Payable

For the Gambling subindustry, DraftKings'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.

DraftKings's Days Payable Distribution in the Travel & Leisure Industry

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

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

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DraftKings 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.

DraftKings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (167.215	+	327.392)	/	2 )	/	18001.373	*	365
=	247.3035					/	18001.373	*	365
=	5.01

DraftKings's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (327.392	+	0)	/	1 )	/	4858.702	*	365 / 4
=	327.392					/	4858.702	*	365 / 4
=	6.15

DraftKings Days Payable Related Terms

Thank you for viewing the detailed overview of DraftKings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

DraftKings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DraftKings Inc (BSP:D2KN34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DKNG:USA DKNG:Mexico 1DKNG:Italy 0ABA:UK IK1:Germany

Address

222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116

Website

https://www.draftkings.com

DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in 28 states and iGaming in five states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

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