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Esports Entertainment Group (FRA:40Y0) Days Payable : 858.29 (As of Mar. 2024)


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What is Esports Entertainment Group Days Payable?

Esports Entertainment Group's average Accounts Payable for the three months ended in Mar. 2024 was €4.10 Mil. Esports Entertainment Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.44 Mil. Hence, Esports Entertainment Group's Days Payable for the three months ended in Mar. 2024 was 858.29.

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

FRA:40Y0' s Days Payable Range Over the Past 10 Years
Min: 57.99   Med: 72.15   Max: 531.99
Current: 531.99

During the past 13 years, Esports Entertainment Group's highest Days Payable was 531.99. The lowest was 57.99. And the median was 72.15.

FRA:40Y0's Days Payable is ranked better than
92.06% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.71 vs FRA:40Y0: 531.99

Esports Entertainment Group's Days Payable increased from Mar. 2023 (402.99) to Mar. 2024 (858.29). It may suggest that Esports Entertainment Group delayed paying its suppliers.


Esports Entertainment Group Days Payable Historical Data

The historical data trend for Esports 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.

Esports Entertainment Group Days Payable Chart

Esports Entertainment Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 72.94 55.57 200.75

Esports Entertainment Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 402.99 305.36 696.89 623.88 858.29

Competitive Comparison of Esports Entertainment Group's Days Payable

For the Gambling subindustry, Esports 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.


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

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

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



Esports 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.

Esports Entertainment Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (4.796 + 4.126) / 2 ) / 8.111*365
=4.461 / 8.111*365
=200.75

Esports Entertainment Group's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (4.138 + 4.064) / 2 ) / 0.436*365 / 4
=4.101 / 0.436*365 / 4
=858.29

* 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.


Esports Entertainment Group Days Payable Related Terms

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Esports Entertainment Group (FRA:40Y0) Business Description

Traded in Other Exchanges
Address
Block 6, Triq Paceville, St. Julians, Birkirkara, MLT, STJ 3109
Esports Entertainment Group Inc is a full-service esports and online betting company. It focuses on three verticals: Games, iGaming, and Technology. EEG Games provides a wide array of services and infrastructure for businesses to engage esports and gaming communities around the world including Esports Gaming League (EGL), which hosts a community of more than 350,000 gamers on its proprietary tournament platform EGL.tv. EEG iGaming includes a number of award-winning brands covering traditional online sports book wagering needs as well as a multinational casino operator.

Esports Entertainment Group (FRA:40Y0) Headlines

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