Wynn Resorts (LTS:0QYK) Days Payable : 19.31 (As of Sep. 2024)

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What is Wynn Resorts Days Payable?

Wynn Resorts's average Accounts Payable for the three months ended in Sep. 2024 was $207 Mil. Wynn Resorts's Cost of Goods Sold for the three months ended in Sep. 2024 was $977 Mil. Hence, Wynn Resorts's Days Payable for the three months ended in Sep. 2024 was 19.31.

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

LTS:0QYK' s Days Payable Range Over the Past 10 Years
Min: 17.94 Med: 28.35 Max: 43.02
Current: 17.94

During the past 13 years, Wynn Resorts's highest Days Payable was 43.02. The lowest was 17.94. And the median was 28.35.

LTS:0QYK's Days Payable is ranked worse than
84.77% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs LTS:0QYK: 17.94

Wynn Resorts's Days Payable increased from Sep. 2023 (17.43) to Sep. 2024 (19.31). It may suggest that Wynn Resorts delayed paying its suppliers.

Wynn Resorts Days Payable Historical Data

The historical data trend for Wynn 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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Wynn Resorts Days Payable Chart

Wynn Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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26.22

43.02

22.76

28.10

19.97

Wynn Resorts 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															17.43	17.67	16.97	17.57	19.31

Competitive Comparison of Wynn Resorts's Days Payable

For the Resorts & Casinos subindustry, Wynn 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.

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

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

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

Wynn 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.

Wynn Resorts'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
=	( (197.474	+	208.263)	/	2 )	/	3708.563	*	365
=	202.8685					/	3708.563	*	365
=	19.97

Wynn Resorts'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
=	( (200.652	+	212.989)	/	2 )	/	977.216	*	365 / 4
=	206.8205					/	977.216	*	365 / 4
=	19.31

Wynn Resorts Days Payable Related Terms

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Wynn Resorts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wynn Resorts Ltd (LTS:0QYK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WYNN:USA WYNN:Mexico WYR:Germany WYR:Germany W1YN34:Brazil

Address

3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109

Website

https://www.wynnresorts.com

Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming attractions in Macao over the next few years. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and the US, respectively.

Wynn Resorts Headlines

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