Aquis Entertainment (ASX:AQS) Days Payable : 0.00 (As of Jun. 2023)

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What is Aquis Entertainment Days Payable?

Aquis Entertainment's average Accounts Payable for the six months ended in Jun. 2023 was A$0.05 Mil. Aquis Entertainment's Cost of Goods Sold for the six months ended in Jun. 2023 was A$0.00 Mil.

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

During the past 11 years, Aquis Entertainment's highest Days Payable was 309.01. The lowest was 126.45. And the median was 221.43.

ASX:AQS's Days Payable is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 59.94
* Ranked among companies with meaningful Days Payable only.

Aquis Entertainment's Days Payable declined from Jun. 2022 (861.67) to Jun. 2023 (0.00). It may suggest that Aquis Entertainment accelerated paying its suppliers.

Aquis Entertainment Days Payable Historical Data

The historical data trend for Aquis Entertainment'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.

Aquis Entertainment Days Payable Chart

Aquis Entertainment Annual Data

Trend

Jun13

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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209.37

195.55

287.23

221.43

Aquis Entertainment Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															920.54	1,659.95	861.67	-	-

Competitive Comparison of Aquis Entertainment's Days Payable

For the Resorts & Casinos subindustry, Aquis Entertainment'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.

Aquis Entertainment's Days Payable Distribution in the Travel & Leisure Industry

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

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

Aquis Entertainment 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.

Aquis Entertainment's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.315	+	0.058)	/	2 )	/	0	*	365
=	0.1865					/	0	*	365
=	N/A

Aquis Entertainment's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.058	+	0.033)	/	2 )	/	0	*	365 / 2
=	0.0455					/	0	*	365 / 2
=	N/A

Aquis Entertainment Days Payable Related Terms

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Aquis Entertainment (ASX:AQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aquis Entertainment Ltd (ASX:AQS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Binara Street, Canberra, ACT, AUS, 2601

Website

https://www.aquisentertainment.com

Aquis Entertainment Ltd specializes in the development and operation of integrated resort projects that concentrate a wide range of tourism-oriented attractions into single, large-scale facilities. The company's only segment includes the gaming and entertainment industry in Australia. It owns Casino Canberra.

Aquis Entertainment (ASX:AQS) Headlines

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