Reef Casino Trust (Reef Casino Trust) Days Payable : 0.00 (As of Dec. 2023)

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What is Reef Casino Trust Days Payable?

Reef Casino Trust's average Accounts Payable for the six months ended in Dec. 2023 was $2.23 Mil. Reef Casino Trust's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.00 Mil.

The historical rank and industry rank for Reef Casino Trust's Days Payable or its related term are showing as below:

RCTUF's Days Payable is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 59.8
* Ranked among companies with meaningful Days Payable only.

Reef Casino Trust's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Reef Casino Trust Days Payable Historical Data

The historical data trend for Reef Casino Trust'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.

Reef Casino Trust Days Payable Chart

Reef Casino Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Reef Casino Trust 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															-	-	-	-	-

Competitive Comparison of Reef Casino Trust's Days Payable

For the Resorts & Casinos subindustry, Reef Casino Trust'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.

Reef Casino Trust's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Reef Casino Trust's Days Payable falls into.

Reef Casino Trust 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.

Reef Casino Trust'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
=	( (1.314	+	1.908)	/	2 )	/	0	*	365
=	1.611					/	0	*	365
=	N/A

Reef Casino Trust'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
=	( (2.546	+	1.908)	/	2 )	/	0	*	365 / 2
=	2.227					/	0	*	365 / 2
=	N/A

Reef Casino Trust Days Payable Related Terms

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Reef Casino Trust (Reef Casino Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Reef Casino Trust (OTCPK:RCTUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RCT:Australia

Address

Level 3, 249 Turbot Street, Sofitel Hotel, Brisbane, QLD, AUS, 4000

Website

https://www.reefcasino.com.au

Reef Casino Trust is engaged in the operation of the reef hotel-casino complex located in Cairns, Queensland, Australia. The company derives revenue from the casino which includes electronic gaming and table games, and hotel which includes room accommodation and food and beverage. The majority of the revenue is generated from the rental income received from the casino operations.