BRAG (Bragg Gaming Group) Days Payable : 35.78 (As of Dec. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Bragg Gaming Group Days Payable?

Bragg Gaming Group's average Accounts Payable for the three months ended in Dec. 2024 was $4.7 Mil. Bragg Gaming Group's Cost of Goods Sold for the three months ended in Dec. 2024 was $11.9 Mil. Hence, Bragg Gaming Group's Days Payable for the three months ended in Dec. 2024 was 35.78.

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

BRAG' s Days Payable Range Over the Past 10 Years
Min: 26.69 Med: 50.89 Max: 82.34
Current: 43.75

During the past 13 years, Bragg Gaming Group's highest Days Payable was 82.34. The lowest was 26.69. And the median was 50.89.

BRAG's Days Payable is ranked worse than
60.21% of 754 companies
in the Travel & Leisure industry
Industry Median: 57.025 vs BRAG: 43.75

Bragg Gaming Group's Days Payable declined from Dec. 2023 (41.01) to Dec. 2024 (35.78). It may suggest that Bragg Gaming Group accelerated paying its suppliers.

Bragg Gaming Group Days Payable Historical Data

The historical data trend for Bragg Gaming 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.

Bragg Gaming Group Days Payable Chart

Bragg Gaming Group Annual Data

Trend

Jan15

Jan16

Jan17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

77.27

50.86

27.10

49.03

42.05

Bragg Gaming Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															41.01	53.87	46.96	42.71	35.78

Competitive Comparison of Bragg Gaming Group's Days Payable

For the Gambling subindustry, Bragg Gaming 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.

Bragg Gaming Group's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Bragg Gaming Group's Days Payable falls into.

Save Embed

;

Save Embed

;

Bragg Gaming 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.

Bragg Gaming Group'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
=	( (8.183	+	3.388)	/	2 )	/	50.215	*	365
=	5.7855					/	50.215	*	365
=	42.05

Bragg Gaming Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (5.971	+	3.388)	/	2 )	/	11.935	*	365 / 4
=	4.6795					/	11.935	*	365 / 4
=	35.78

Bragg Gaming Group Days Payable Related Terms

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

Bragg Gaming Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bragg Gaming Group Inc (NAS:BRAG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SL4:Germany BRAG:Canada

Address

130 King Street West, Suite 1955, Exchange Tower, Toronto, ON, CAN, M5X 1E3

Website

https://www.bragg.games

Bragg Gaming Group Inc is predominantly a B2B online gaming technology platform and casino content aggregator. The Company's proprietary studios offer high-performing, data-driven casino gaming titles from in-house brands Wild Streak, Spin, Atomic Slot Lab, Indigo Magic and Oryx Gaming. It offers a full range of games including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games which are featured on the company's PAM platform and also available for use on other gaming platforms offered by third parties. Geographically, the company generates a majority of its revenue from the Netherlands and the rest from Curacao, Malta, United States, Croatia, and other regions.