Macau Legend Development (HKSE:01680) Days Payable

: 26.57 (As of Jun. 2022)

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Macau Legend Development's average Accounts Payable for the six months ended in Jun. 2022 was HK$106 Mil. Macau Legend Development's Cost of Goods Sold for the six months ended in Jun. 2022 was HK$729 Mil. Hence, Macau Legend Development's Days Payable for the six months ended in Jun. 2022 was 26.57.

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

HKSE:01680' s Days Payable Range Over the Past 10 Years
Min: 23.29 Med: 45.53 Max: 193.58
Current: 23.29

During the past 10 years, Macau Legend Development's highest Days Payable was 193.58. The lowest was 23.29. And the median was 45.53.

HKSE:01680's Days Payable is ranked worse than
82% of 750 companies
in the Travel & Leisure industry
Industry Median: 67.90 vs HKSE:01680: 23.29

Macau Legend Development's Days Payable increased from Jun. 2021 (22.83) to Jun. 2022 (26.57). It may suggest that Macau Legend Development delayed paying its suppliers.

Macau Legend Development Days Payable Historical Data

The historical data trend for Macau Legend Development'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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Macau Legend Development Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

193.58

156.10

50.89

47.84

25.67

Macau Legend Development Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Payable																43.64	25.57	22.83	22.74	26.57

Competitive Comparison

For the Resorts & Casinos subindustry, Macau Legend Development'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.

Annual Data Quarterly Data

Macau Legend Development Days Payable Distribution

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

* The bar in red indicates where Macau Legend Development's Days Payable falls in comparison to its industry or sector. The grey bar indicates the Days Payable's extreme value range as defined by GuruFocus.

Macau Legend Development 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.

Macau Legend Development's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (92.507	+	119.411)	/	2 )	/	1506.84	*	365
=	105.959					/	1506.84	*	365
=	25.67

Macau Legend Development's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (119.411	+	92.856)	/	2 )	/	729.043	*	365 / 2
=	106.1335					/	729.043	*	365 / 2
=	26.57

Macau Legend Development Days Payable Related Terms

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Macau Legend Development (HKSE:01680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Macau Legend Development Ltd (HKSE:01680) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC

Website

http://www.macaulegend.com

Macau Legend Development Ltd is an investment holdings company,It is engaged in the resorts and casinos industry. The business has two segments: Gaming and Non-Gaming. The Gaming segment is engaged in gaming-related services such as gaming tables and electronic gaming machines. The company's flagship resort and gaming center is The Landmark Macau, a hotel, casino, and luxury shopping center. The Non-Gaming segment is involved in hotel operations, such as food and beverage services and others. The company generates the vast majority of its revenue in Macau.

Macau Legend Development (HKSE:01680) Headlines

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