Melco Crown Entertainment Days Payable Outstanding
Melco Crown Entertainment Days Payable Outstanding Chart
Melco Crown Entertainment Historical Days Payable Outstanding DataPro Data Export
There is no data for the selected date range.
|Data for this Date Range|
|Dec. 31, 2012||Go Pro|
|Sept. 30, 2012||Go Pro|
|June 30, 2012||Go Pro|
|March 31, 2012||Go Pro|
|Dec. 31, 2011||Go Pro|
|Sept. 30, 2011||Go Pro|
|June 30, 2011||Go Pro|
|March 31, 2011||Go Pro|
|Dec. 31, 2010||Go Pro|
|Sept. 30, 2010||Go Pro|
|June 30, 2010||Go Pro|
|March 31, 2010||Go Pro|
|Dec. 31, 2009||Go Pro|
About Days Payable Outstanding
Days Payable Outstanding (DPO) is a turnover ratio that represents the average number of days it takes for a company to pay its suppliers. A high (low) DPO indicates that a company is paying its suppliers slower (faster). A DPO of 17 means that on average, it takes the company 17 days to pays its suppliers.
DPO can be thought of in a few ways. In general, high DPOs are looked at favorably; it indicates that the firm is able to use cash (that would have gone to immediately paying suppliers) to other uses for an extended period of time. Extremely high DPOs potentially highlight liquidity issues OR extensive credit terms that favor the company (think Amazon).
Some companies may have low DPOs compared to its competitors. While this could be ineffective cash management, some suppliers do offer discount terms for early prepayment such as 1/10, net 30 (1% discount if paid within 10 days for a 30 general day payment) or other variants such as 2/20, net 180 (2% discount if paid within 20 days for a 180 general day payment). Because of these cost savings advantages, companies with supplier contracts similar to this have lower DPOs.
Days Payable Outstanding is a crucial component of the Cash Conversion Cycle (CCC), which is used to determine how long cash is tied up in working capital. Companies with an extremely high DPO can lead to a negative CCC. (For the CCC, a ratio where lower is better, that is a good sign!)
View Days Payable Outstanding for MPEL.
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MPEL Days Payable Outstanding Benchmarks
|Wynn Resorts||Go Pro|
|Las Vegas Sands||Go Pro|
|MGM Resorts International||Go Pro|
MPEL Days Payable Outstanding Rankings
2381 of 7590
450 of 672 in Consumer Cyclical
13 of 22 in Resorts & Casinos
MPEL Days Payable Outstanding Range, Past 5 Years
|Minimum||Go Pro||Sep 2011|
|Maximum||Go Pro||Sep 2010|
Talking Numbers May 17
Zacks May 15
Street Insider May 15