GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Las Vegas Sands Corp (NYSE:LVS) » Definitions » Days Payable

LVS (Las Vegasnds) Days Payable : 9.30 (As of Sep. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Las Vegasnds Days Payable?

Las Vegasnds's average Accounts Payable for the three months ended in Sep. 2024 was $144 Mil. Las Vegasnds's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,413 Mil. Hence, Las Vegasnds's Days Payable for the three months ended in Sep. 2024 was 9.30.

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

LVS' s Days Payable Range Over the Past 10 Years
Min: 5.46   Med: 9.06   Max: 20.5
Current: 9.7

During the past 13 years, Las Vegasnds's highest Days Payable was 20.50. The lowest was 5.46. And the median was 9.06.

LVS's Days Payable is ranked worse than
93.24% of 754 companies
in the Travel & Leisure industry
Industry Median: 59.88 vs LVS: 9.70

Las Vegasnds's Days Payable declined from Sep. 2023 (9.38) to Sep. 2024 (9.30). It may suggest that Las Vegasnds accelerated paying its suppliers.


Las Vegasnds Days Payable Historical Data

The historical data trend for Las Vegasnds'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.

Las Vegasnds Days Payable Chart

Las Vegasnds Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.78 20.50 11.54 12.32 8.98

Las Vegasnds Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.38 10.10 10.09 9.81 9.30

Competitive Comparison of Las Vegasnds's Days Payable

For the Resorts & Casinos subindustry, Las Vegasnds'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.


Las Vegasnds's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Las Vegasnds's Days Payable falls into.



Las Vegasnds 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.

Las Vegasnds'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
=( (89 + 167) / 2 ) / 5205*365
=128 / 5205*365
=8.98

Las Vegasnds's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (149 + 139) / 2 ) / 1413*365 / 4
=144 / 1413*365 / 4
=9.30

* 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.


Las Vegasnds Days Payable Related Terms

Thank you for viewing the detailed overview of Las Vegasnds's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Las Vegasnds Business Description

Address
5420 S. Durango Drive, Las Vegas, NV, USA, 89113
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
Executives
Robert G Goldstein officer: Senior Vice President 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Miriam Adelson 10 percent owner 5500 HAVEN STREET, LAS VEGAS NV 89119
Charles D Forman director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Yibing Mao director C/O LAS VEGAS SANDS CORP., 3355 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
Nora M. Jordan director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
D. Zachary Hudson officer: EVP and Global General Counsel 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Xuan Yan director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Lawrence A Jacobs officer: EVP & Global General Counsel THE NEWS CORPORATION LIMITED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
George Jamieson director C/O LAS VEGAS SANDS CORP, 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Lewis Kramer director C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016
Randy Hyzak officer: SVP, Chief Accounting Officer C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Patrick Dumont officer: Principal Financial Officer 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Stephanie Marz officer: Principal Accounting Officer 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
George Tanasijevich officer: Pres & CEO, Marina Bay Sands LAS VEGAS SANDS CORP., 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Ira H Raphaelson officer: EVP & Global General Counsel LAS VEGAS SANDS CORP., 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109