IGT (International Game Technology) Days Payable : 191.09 (As of Sep. 2024)

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What is International Game Technology Days Payable?

International Game Technology's average Accounts Payable for the three months ended in Sep. 2024 was $679 Mil. International Game Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was $324 Mil. Hence, International Game Technology's Days Payable for the three months ended in Sep. 2024 was 191.09.

The historical rank and industry rank for International Game Technology's Days Payable or its related term are showing as below:

IGT' s Days Payable Range Over the Past 10 Years
Min: 98.92 Med: 158.46 Max: 201.4
Current: 98.92

During the past 13 years, International Game Technology's highest Days Payable was 201.40. The lowest was 98.92. And the median was 158.46.

IGT's Days Payable is ranked better than
67.55% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs IGT: 98.92

International Game Technology's Days Payable declined from Sep. 2023 (199.73) to Sep. 2024 (191.09). It may suggest that International Game Technology accelerated paying its suppliers.

International Game Technology Days Payable Historical Data

The historical data trend for International Game Technology'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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International Game Technology Days Payable Chart

International Game Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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172.06

201.40

185.07

144.85

126.58

International Game Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															199.73	54.53	131.71	120.43	191.09

Competitive Comparison of International Game Technology's Days Payable

For the Gambling subindustry, International Game Technology'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.

International Game Technology's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where International Game Technology's Days Payable falls into.

International Game Technology 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.

International Game Technology'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
=	( (731	+	797)	/	2 )	/	2203	*	365
=	764					/	2203	*	365
=	126.58

International Game Technology'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
=	( (695	+	662)	/	2 )	/	324	*	365 / 4
=	678.5					/	324	*	365 / 4
=	191.09

International Game Technology Days Payable Related Terms

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International Game Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » International Game Technology PLC (NYSE:IGT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7IG:Germany

Address

10 Finsbury Square, Third Floor, London, GBR, EC2A 1AF

Website

https://www.igt.com

International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and PlayDigital. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.