BlueBet Holdings (ASX:BBT) Days Payable : 92.22 (As of Dec. 2023)

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What is BlueBet Holdings Days Payable?

BlueBet Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$6.64 Mil. BlueBet Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$13.14 Mil. Hence, BlueBet Holdings's Days Payable for the six months ended in Dec. 2023 was 92.22.

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

ASX:BBT' s Days Payable Range Over the Past 10 Years
Min: 85.11 Med: 85.5 Max: 97.76
Current: 97.76

During the past 2 years, BlueBet Holdings's highest Days Payable was 97.76. The lowest was 85.11. And the median was 85.50.

ASX:BBT's Days Payable is ranked better than
64.94% of 753 companies
in the Travel & Leisure industry
Industry Median: 57.9 vs ASX:BBT: 97.76

BlueBet Holdings's Days Payable declined from Dec. 2022 (100.10) to Dec. 2023 (92.22). It may suggest that BlueBet Holdings accelerated paying its suppliers.

BlueBet Holdings Days Payable Historical Data

The historical data trend for BlueBet 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.

BlueBet Holdings Days Payable Chart

BlueBet Holdings Annual Data

Trend

Jun22

Jun23

Days Payable

85.88

85.11

BlueBet Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			69.57	88.35	100.10	96.73	92.22

Competitive Comparison of BlueBet Holdings's Days Payable

For the Gambling subindustry, BlueBet 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.

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

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

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

BlueBet 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.

BlueBet Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (5.332	+	5.953)	/	2 )	/	24.199	*	365
=	5.6425					/	24.199	*	365
=	85.11

BlueBet 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
=	( (5.953	+	7.329)	/	2 )	/	13.142	*	365 / 2
=	6.641					/	13.142	*	365 / 2
=	92.22

BlueBet Holdings Days Payable Related Terms

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BlueBet Holdings (ASX:BBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » BlueBet Holdings Ltd (ASX:BBT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Spring Street, Level 9, Sydney, NSW, AUS, 2000

Website

https://www.bluebet.com.au

BlueBet Holdings Ltd is engaged in providing sports and race betting services in Australia. Its main product line includes sports, horse racing, greyhound racing, harness racing, and on-track bets. The company generates its income from wagering revenue.

BlueBet Holdings (ASX:BBT) Headlines

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