Red Rock Resorts (FRA:RRK) Days Payable : 15.05 (As of Dec. 2024)

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What is Red Rock Resorts Days Payable?

Red Rock Resorts's average Accounts Payable for the three months ended in Dec. 2024 was €30 Mil. Red Rock Resorts's Cost of Goods Sold for the three months ended in Dec. 2024 was €184 Mil. Hence, Red Rock Resorts's Days Payable for the three months ended in Dec. 2024 was 15.05.

The historical rank and industry rank for Red Rock Resorts's Days Payable or its related term are showing as below:

FRA:RRK' s Days Payable Range Over the Past 10 Years
Min: 8.94 Med: 12.04 Max: 16.45
Current: 13.07

During the past 13 years, Red Rock Resorts's highest Days Payable was 16.45. The lowest was 8.94. And the median was 12.04.

FRA:RRK's Days Payable is ranked worse than
89.81% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.025 vs FRA:RRK: 13.07

Red Rock Resorts's Days Payable increased from Dec. 2023 (10.45) to Dec. 2024 (15.05). It may suggest that Red Rock Resorts delayed paying its suppliers.

Red Rock Resorts Days Payable Historical Data

The historical data trend for Red Rock Resorts'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.

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Red Rock Resorts Days Payable Chart

Red Rock Resorts Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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17.62

9.21

8.60

10.80

13.77

Red Rock Resorts 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															10.45	11.26	10.32	14.23	15.05

Competitive Comparison of Red Rock Resorts's Days Payable

For the Resorts & Casinos subindustry, Red Rock Resorts'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.

Red Rock Resorts's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Red Rock Resorts's Days Payable falls into.

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Red Rock Resorts 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.

Red Rock Resorts'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
=	( (23.249	+	30.381)	/	2 )	/	710.737	*	365
=	26.815					/	710.737	*	365
=	13.77

Red Rock Resorts'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
=	( (30.459	+	30.381)	/	2 )	/	184.48	*	365 / 4
=	30.42					/	184.48	*	365 / 4
=	15.05

Red Rock Resorts Days Payable Related Terms

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Red Rock Resorts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Red Rock Resorts Inc (FRA:RRK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RRR:USA

Address

1505 South Pavilion Center Drive, Las Vegas, NV, USA, 89135

Website

https://www.redrockresorts.com

Red Rock Resorts Inc along with its subsidiary is a gaming, development and management company that develops and operates strategically-located casino and entertainment properties. Its casino properties are conveniently located throughout the Las Vegas valley and provide its customers a wide variety of entertainment and dining options. The majority of revenue is derived from Casinos.

Red Rock Resorts Headlines

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