Elray Resources (Elray Resources) Days Payable : 0.00 (As of Sep. 2018)

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What is Elray Resources Days Payable?

Elray Resources's average Accounts Payable for the three months ended in Sep. 2018 was $4.58 Mil. Elray Resources's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.00 Mil.

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

ELRA's Days Payable is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 57.87
* Ranked among companies with meaningful Days Payable only.

Elray Resources's Days Payable stayed the same from Sep. 2017 (0.00) to Sep. 2018 (0.00). stayed the same

Elray Resources Days Payable Historical Data

The historical data trend for Elray Resources'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.

Elray Resources Days Payable Chart

Elray Resources Annual Data

Trend

Mar08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

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454.22

317.83

Elray Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Elray Resources's Days Payable

For the Gambling subindustry, Elray Resources'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.

Elray Resources's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Elray Resources's Days Payable falls into.

Elray Resources 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.

Elray Resources's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

	Days Payable (A: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2016 )	+	Accounts Payable (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (1.53	+	2.117)	/	2 )	/	0	*	365
=	1.8235					/	0	*	365
=	N/A

Elray Resources's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

	Days Payable (Q: Sep. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2018 )	+	Accounts Payable (Q: Sep. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
=	( (6.027	+	3.132)	/	2 )	/	0	*	365 / 4
=	4.5795					/	0	*	365 / 4
=	N/A

Elray Resources Days Payable Related Terms

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Elray Resources (Elray Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Elray Resources Inc (OTCPK:ELRA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103

Website

http://www.elraygaming.com

Elray Resources Inc is a company engaged in gambling activities. It provides marketing and support for online gaming operations. It has developed and acquired technology that provides marketing tools and customer relationship management systems for online gaming operators. Its software systems automatically decline and deny any gaming requests from within illegal gaming jurisdictions, including the United States, Hong Kong, Singapore, the United Kingdom, France, Italy, and Israel, and prevent any access to the products that it supports from any of these jurisdictions ensuring that residents of these countries cannot participate and are in strict compliance with the laws of these countries.

Executives

Anthony Brian Goodman

director, 10 percent owner, officer: President, CEO

3651 LINDELL RD STE D131, LAS VEGAS NV 89103

Elray Resources (Elray Resources) Headlines

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