CDRO (Codere Online Luxembourg) Accounts Payable: $26.2 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CDRO Codere Online Luxembourg SA CDRO
74 GF Score
Price $9.56
GF Value $8.89
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Codere Online Luxembourg Accounts Payable?

Codere Online Luxembourg CDRO +0.95% 74 Accounts Payable is $26.2 Mil as of Dec. 2025. GuruFocus rates CDRO with a GF Score™ of 74/100 and a GF Value™ of $8.89 (Fairly Valued). The stock has 5 warning signs investors should review.

Codere Online Luxembourg's Accounts Payable for the quarter that ended in Dec. 2025 was $26.2 Mil.

Codere Online Luxembourg's quarterly Accounts Payable increased from Dec. 2024 ($25.7 Mil) to Jun. 2025 ($28.3 Mil) but then declined from Jun. 2025 ($28.3 Mil) to Dec. 2025 ($26.2 Mil).

Codere Online Luxembourg's annual Accounts Payable declined from Dec. 2023 ($34.7 Mil) to Dec. 2024 ($25.7 Mil) but then increased from Dec. 2024 ($25.7 Mil) to Dec. 2025 ($26.2 Mil).


Codere Online Luxembourg Accounts Payable Related Terms


Codere Online Luxembourg Accounts Payable Historical Data

* Premium members only.

The historical data trend for Codere Online Luxembourg's Accounts 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.

Codere Online Luxembourg Accounts Payable Chart

Codere Online Luxembourg Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial 22.25 25.20 34.69 25.71 26.25

Codere Online Luxembourg Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.69 29.47 25.71 28.25 26.25
CDRO
74GF Score
Codere Online Luxembourg SA CDRO
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Codere Online Luxembourg Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $26.2 Mil mean?
Codere Online Luxembourg (CDRO) has a Accounts Payable of $26.2 Mil as of Dec. 2025. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Codere Online Luxembourg and its competitors.
Is Codere Online Luxembourg's Accounts Payable too high?
Codere Online Luxembourg's current Accounts Payable is $26.2 Mil. Overall, Codere Online Luxembourg has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's Accounts Payable compare to INSE and MRDN?
Codere Online Luxembourg's Accounts Payable of $26.2 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Travel & Leisure company?
A good Accounts Payable depends on the Travel & Leisure industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Codere Online Luxembourg and its competitors. Codere Online Luxembourg's current Accounts Payable is $26.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codere Online Luxembourg stock overvalued right now?
Based on GuruFocus' analysis, Codere Online Luxembourg (CDRO) is currently considered Fairly Valued. The stock's GF Value™ is $8.89, compared to a current price of $9.56 — trading 7.5% above its estimated fair value. The current Accounts Payable is $26.2 Mil. Codere Online Luxembourg's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Codere Online Luxembourg (CDRO), the current Accounts Payable is $26.2 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Codere Online Luxembourg (CDRO) Overvalued in 2026?

Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be overvalued. The current stock price of $9.56 is trading 7.5% above its estimated GF Value™ of $8.89. GuruFocus considers Codere Online Luxembourg to be Fairly Valued.

Key valuation signals for CDRO:

  • Accounts Payable: $26.2 Mil
  • GF Value™: $8.89 vs. price of $9.56 (7.5% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the CDRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Codere Online Luxembourg Business Description

Other Exchanges CDRON:Mexico
Address 7 rue Robert Stumper, Luxembourg, LUX, L-2557
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.
74GF Score

Get the complete analysis for CDRO

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.56
Price
$8.89
GF Value