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Galaxy Entertainment Group Days Payable

: 114.77 (As of Jun. 2021)
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Galaxy Entertainment Group's average Accounts Payable for the six months ended in Jun. 2021 was $365 Mil. Galaxy Entertainment Group's Cost of Goods Sold for the six months ended in Jun. 2021 was $581 Mil. Hence, Galaxy Entertainment Group's Days Payable for the six months ended in Jun. 2021 was 114.77.

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

OTCPK:GXYYY' s Days Payable Range Over the Past 10 Years
Min: 11.11   Med: 29.89   Max: 228.02
Current: 154.89

11.11
228.02

During the past 13 years, Galaxy Entertainment Group's highest Days Payable was 228.02. The lowest was 11.11. And the median was 29.89.

OTCPK:GXYYY's Days Payable is ranked higher than
70% of the 788 Companies
in the Travel & Leisure industry.

( Industry Median: 77.33 vs. OTCPK:GXYYY: 154.89 )

Galaxy Entertainment Group's Days Payable declined from Jun. 2020 (248.84) to Jun. 2021 (114.77). It may suggest that Galaxy Entertainment Group accelerated paying its suppliers.


Galaxy Entertainment Group Days Payable Historical Data

The historical data trend for Galaxy Entertainment Group'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.

Galaxy Entertainment Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.20 51.76 59.66 65.37 227.14

Galaxy Entertainment Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.12 65.50 248.84 216.45 114.77

Competitive Comparison

For the Resorts & Casinos subindustry, Galaxy Entertainment Group'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.

   

Galaxy Entertainment Group Days Payable Distribution

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

* The bar in red indicates where Galaxy Entertainment Group's Days Payable falls into.



Galaxy Entertainment Group 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.

Galaxy Entertainment Group's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (514.98801973221 + 393.20514970523) / 2 ) / 729.69775151898*365
=454.09658471872 / 729.69775151898*365
=227.14

Galaxy Entertainment Group's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (393.20514970523 + 337.64214025278) / 2 ) / 581.06278263782*365 / 2
=365.42364497901 / 581.06278263782*365 / 2
=114.77

* 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.


Galaxy Entertainment Group Days Payable Related Terms

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Galaxy Entertainment Group Business Description

Galaxy Entertainment Group logo
Industry
Traded in Other Exchanges
Address
111 Connaught Road Central, 22nd Floor, Wing On Centre, Hong Kong, HKG
Galaxy Entertainment is one of six casino license holders in Macao. Its major properties include Starworld casino in the Macao Peninsula and Galaxy Macau phases 1 and 2 in Cotai, with a hotel room inventory of approximately 4,300.
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