Melco Resorts and Entertainment (LTS:0A2P) Accounts Payable : $14 Mil (As of Mar. 2024)

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What is Melco Resorts and Entertainment Accounts Payable?

Melco Resorts and Entertainment's Accounts Payable for the quarter that ended in Mar. 2024 was $14 Mil.

Melco Resorts and Entertainment's quarterly Accounts Payable declined from Sep. 2023 ($12 Mil) to Dec. 2023 ($12 Mil) but then increased from Dec. 2023 ($12 Mil) to Mar. 2024 ($14 Mil).

Melco Resorts and Entertainment's annual Accounts Payable increased from Dec. 2021 ($6 Mil) to Dec. 2022 ($7 Mil) and increased from Dec. 2022 ($7 Mil) to Dec. 2023 ($12 Mil).

Melco Resorts and Entertainment Accounts Payable Historical Data

The historical data trend for Melco Resorts and Entertainment's Accounts 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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Melco Resorts and Entertainment Accounts Payable Chart

Melco Resorts and Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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21.88

9.48

5.99

6.73

11.75

Melco Resorts and Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable	Get a 7-Day Free Trial															8.52	11.09	12.46	11.75	13.59

Melco Resorts and Entertainment Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Melco Resorts and Entertainment Accounts Payable Related Terms

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Melco Resorts and Entertainment (LTS:0A2P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco Resorts and Entertainment Ltd (LTS:0A2P) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

MLCO:USA M1LC34:Brazil

Address

60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG

Website

https://www.melco-resorts.com

Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao with the rest largely from the Philippines as of 2019.

Melco Resorts and Entertainment (LTS:0A2P) Headlines

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