FLUT (Flutter Entertainment) Days Payable : 13.13 (As of Sep. 2024)

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What is Flutter Entertainment Days Payable?

Flutter Entertainment's average Accounts Payable for the three months ended in Sep. 2024 was $252 Mil. Flutter Entertainment's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,752 Mil. Hence, Flutter Entertainment's Days Payable for the three months ended in Sep. 2024 was 13.13.

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

FLUT' s Days Payable Range Over the Past 10 Years
Min: 5.42 Med: 12.85 Max: 35.55
Current: 12.85

During the past 13 years, Flutter Entertainment's highest Days Payable was 35.55. The lowest was 5.42. And the median was 12.85.

FLUT's Days Payable is ranked worse than
90.46% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs FLUT: 12.85

Flutter Entertainment's Days Payable declined from Sep. 2023 (16.28) to Sep. 2024 (13.13). It may suggest that Flutter Entertainment accelerated paying its suppliers.

Flutter Entertainment Days Payable Historical Data

The historical data trend for Flutter 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.

Flutter Entertainment Days Payable Chart

Flutter Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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12.89

12.32

9.82

13.20

14.36

Flutter Entertainment Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															16.28	12.28	12.85	12.41	13.13

Competitive Comparison of Flutter Entertainment's Days Payable

For the Gambling subindustry, Flutter 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.

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

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

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

Flutter 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.

Flutter Entertainment's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (248	+	240)	/	2 )	/	6202	*	365
=	244					/	6202	*	365
=	14.36

Flutter Entertainment's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (234	+	270)	/	2 )	/	1752	*	365 / 4
=	252					/	1752	*	365 / 4
=	13.13

Flutter Entertainment Days Payable Related Terms

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Flutter Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flutter Entertainment PLC (NYSE:FLUT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FLTRl:UK FLTR:UK PPB:Germany PPB:Germany PPB:Germany

Address

Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, IRL, 4

Website

https://www.flutter.com

In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in the us, UK and Ireland, Australia, and many other countries. Some of its main brands are FanDuel in the us, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2023, the company offered products in over 100 countries and had 12.3 million average monthly users. In 2023, sports betting was 56% of revenue, online gaming 39%, and fantasy sports, horse racing, and other 5%.