Lottery.com (FRA:6V8) Days Payable : 8,809.23 (As of Mar. 2024)

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What is Lottery.com Days Payable?

Lottery.com's average Accounts Payable for the three months ended in Mar. 2024 was €7.34 Mil. Lottery.com's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.08 Mil. Hence, Lottery.com's Days Payable for the three months ended in Mar. 2024 was 8,809.23.

The historical rank and industry rank for Lottery.com's Days Payable or its related term are showing as below:

FRA:6V8' s Days Payable Range Over the Past 10 Years
Min: 71.22 Med: 364.7 Max: 1127.79
Current: 511.55

During the past 5 years, Lottery.com's highest Days Payable was 1127.79. The lowest was 71.22. And the median was 364.70.

FRA:6V8's Days Payable is ranked better than
92.33% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs FRA:6V8: 511.55

Lottery.com's Days Payable declined from Mar. 2023 (19,761.16) to Mar. 2024 (8,809.23). It may suggest that Lottery.com accelerated paying its suppliers.

Lottery.com Days Payable Historical Data

The historical data trend for Lottery.com'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.

Lottery.com Days Payable Chart

Lottery.com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

1,128.57

311.46

67.73

362.08

521.27

Lottery.com Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											19,761.16	7,416.65	9,740.94	136.61	8,809.23

Competitive Comparison of Lottery.com's Days Payable

For the Gambling subindustry, Lottery.com'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.

Lottery.com's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Lottery.com's Days Payable falls into.

Lottery.com 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.

Lottery.com'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
=	( (7.182	+	7.345)	/	2 )	/	5.086	*	365
=	7.2635					/	5.086	*	365
=	521.27

Lottery.com'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
=	( (7.345	+	7.329)	/	2 )	/	0.076	*	365 / 4
=	7.337					/	0.076	*	365 / 4
=	8,809.23

Lottery.com Days Payable Related Terms

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

Lottery.com (FRA:6V8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lottery.com Inc (FRA:6V8) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LTRY:USA

Address

20808 State Highway, 71 W, Unit B, Spicewood, TX, USA, 78669

Website

https://www.lottery.com

Lottery.com Inc is a technology company that is transforming how, where, and when the lottery is played. Its engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. It offers more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, the firm is fundamentally changing how non-profit donors are incentivized to action by gasifying charitable giving. In all that its mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives.

Lottery.com (FRA:6V8) Headlines

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