Nagacorp Ltd
HKEX:3918
Nagacorp Ltd
Accounts Payable
Nagacorp Ltd
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
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N
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Nagacorp Ltd
HKEX:3918
|
Accounts Payable
$221.6m
|
CAGR 3-Years
165%
|
CAGR 5-Years
75%
|
CAGR 10-Years
66%
|
Nagacorp Ltd
Glance View
Nagacorp Ltd., a gaming and hospitality powerhouse, is a jewel in the crown of Cambodia's burgeoning tourism sector. Founded by the dynamic Dr. Chen Lip Keong, the company has its roots in the bustling city of Phnom Penh, where its flagship property, NagaWorld, acts as a magnet for both local and international visitors. NagaWorld is not just a casino; it's a sprawling entertainment complex that combines opulent hotels, diverse dining options, and state-of-the-art gaming facilities. At the heart of its operation lies the casino, where it generates substantial revenue from a mix of mass-market gamers and VIP players. The meticulous design of the gaming floors, with strategically placed slot machines and gaming tables, ensures a seamless flow of patrons, maximizing both foot traffic and profitability. NagaCorp's success story is also intricately woven with its strategic geographic positioning and favorable economic conditions. Cambodia, with its relaxed regulatory environment and growing middle class, serves as an ideal backdrop for Nagacorp's ambitions. The company leverages its monopoly gaming license in Phnom Penh, which is valid until 2045, to effectively corner the market, reducing competition and securing a loyal customer base. Moreover, its symbiotic relationship with neighboring countries, like China, further fuels its growth trajectory. By offering comprehensive entertainment packages that include luxury accommodations and world-class dining, NagaCorp ensures a diversified revenue stream, capturing discretionary spending beyond the gaming tables. This diversification not only enhances revenue stability but also underscores the company's adaptability and forward-thinking approach in the ever-evolving gaming industry.
See Also
What is Nagacorp Ltd's Accounts Payable?
Accounts Payable
221.6m
USD
Based on the financial report for Jun 30, 2024, Nagacorp Ltd's Accounts Payable amounts to 221.6m USD.
What is Nagacorp Ltd's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
66%
Over the last year, the Accounts Payable growth was 1 691%. The average annual Accounts Payable growth rates for Nagacorp Ltd have been 165% over the past three years , 75% over the past five years , and 66% over the past ten years .