888 Holdings (LSE:888) Days Payable : 146.13 (As of Dec. 2023)

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What is 888 Holdings Days Payable?

888 Holdings's average Accounts Payable for the six months ended in Dec. 2023 was £221 Mil. 888 Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £276 Mil. Hence, 888 Holdings's Days Payable for the six months ended in Dec. 2023 was 146.13.

The historical rank and industry rank for 888 Holdings's Days Payable or its related term are showing as below:

LSE:888' s Days Payable Range Over the Past 10 Years
Min: 33.23 Med: 46.2 Max: 124.76
Current: 107.39

During the past 13 years, 888 Holdings's highest Days Payable was 124.76. The lowest was 33.23. And the median was 46.20.

LSE:888's Days Payable is ranked better than
68.58% of 751 companies
in the Travel & Leisure industry
Industry Median: 60.61 vs LSE:888: 107.39

888 Holdings's Days Payable increased from Dec. 2022 (53.64) to Dec. 2023 (146.13). It may suggest that 888 Holdings delayed paying its suppliers.

888 Holdings Days Payable Historical Data

The historical data trend for 888 Holdings'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.

888 Holdings Days Payable Chart

888 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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124.76

75.40

33.23

36.42

46.20

888 Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															111.45	119.64	53.64	130.33	146.13

Competitive Comparison of 888 Holdings's Days Payable

For the Gambling subindustry, 888 Holdings'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.

888 Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, 888 Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where 888 Holdings's Days Payable falls into.

888 Holdings 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.

888 Holdings'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
=	( (61.1	+	83.2)	/	2 )	/	570	*	365
=	72.15					/	570	*	365
=	46.20

888 Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (358.8	+	83.2)	/	2 )	/	276	*	365 / 2
=	221					/	276	*	365 / 2
=	146.13

888 Holdings Days Payable Related Terms

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888 Holdings (LSE:888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » 888 Holdings PLC (LSE:888) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EIHDF:USA 888l:UK 888.GB:UK C8V:Germany

Address

Europort Road, Suite 601/701, Europort, GIB

Website

https://corporate.888.com

888 Holdings PLC is an online betting and gaming company. The company operates in three business segments; The Retail segment comprises all activity undertaken in LBOs including gaming machines, The UK Online segment comprises all online activity, including sports betting, casino, poker, and other gaming products along with telephone betting services that are incurred within the UK and Ireland, and The International segment comprises all online activity, including sports betting, casino, poker, and other gaming products along with telephone betting services that are incurred within all territories excluding the UK. It derives a majority of its revenue from the United Kingdom.

888 Holdings (LSE:888) Headlines

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