LUKEF (Real Luck Group) Days Payable: 523.50 (As of Sep. 2023)

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What is Real Luck Group Days Payable?

Real Luck Group LUKEF -90.00% Days Payable is 523.50 as of Sep. 2023.

Real Luck Group's average Accounts Payable for the three months ended in Sep. 2023 was $1.21 Mil. Real Luck Group's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.21 Mil. Hence, Real Luck Group's Days Payable for the three months ended in Sep. 2023 was 523.50.

The historical rank and industry rank for Real Luck Group's Days Payable or its related term are showing as below:

LUKEF's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 57.215
* Ranked among companies with meaningful Days Payable only.

Real Luck Group's Days Payable increased from Jun. 2022 (398.52) to Sep. 2023 (523.50). It may suggest that Real Luck Group delayed paying its suppliers.

Real Luck Group Days Payable Historical Data

* Premium members only.

The historical data trend for Real Luck Group'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.

Real Luck Group Days Payable Chart

Real Luck Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Payable
263.28 289.57 500.07 177.34

Real Luck Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 398.52 109.34 200.32 59.20 523.50

LUKEF vs DKNG, CHDN, LNW: Days Payable Comparison

For the Gambling subindustry, Real Luck Group'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.

Real Luck Group Days Payable vs Travel & Leisure Industry

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

* The bar in red indicates where Real Luck Group's Days Payable falls into.


Real Luck Group 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.

Real Luck Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.309 + 0.172) / 2 ) / 0.495*365
=0.2405 / 0.495*365
=177.34

Real Luck Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.299 + 2.122) / 2 ) / 0.211*365 / 4
=1.2105 / 0.211*365 / 4
=523.50

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 523.50 mean?
Real Luck Group (LUKEF) has a Days Payable of 523.50 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Real Luck Group and its competitors.
Is Real Luck Group's Days Payable too high?
Real Luck Group's current Days Payable is 523.50. The Travel & Leisure industry median Days Payable is 57.22. Real Luck Group's value of 523.50 is 815% above this industry median.
How does Real Luck Group's Days Payable compare to DKNG and CHDN?
Real Luck Group's Days Payable of 523.50 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 57.22. Real Luck Group's value of 523.50 is 815% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.22, based on 780 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Real Luck Group's current Days Payable of 523.50 is 815% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Real Luck Group and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Luck Group's current Days Payable is 523.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Luck Group stock overvalued right now?
Real Luck Group (LUKEF) has a current Days Payable of 523.50. The current Days Payable is 523.50 and 815% above the Travel & Leisure industry median of 57.22. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Real Luck Group (LUKEF), the current Days Payable is 523.50 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Real Luck Group Business Description

Address 350 7th Avenue SW, Suite 3400, Calgary, AB, CAN, T2P 3N9
Real Luck Group Ltd is a betting company that offers legal, real-money betting, live streams, and statistics on all esports and sports on desktop and mobile devices. The company has a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the company offers an extensive range of betting options for esports tournaments and an in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the company to deliver deep esports betting coverage.