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Omega Protein (Omega Protein) Days Payable : 15.14 (As of Sep. 2017)


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What is Omega Protein Days Payable?

Omega Protein's average Accounts Payable for the three months ended in Sep. 2017 was $12.7 Mil. Omega Protein's Cost of Goods Sold for the three months ended in Sep. 2017 was $76.5 Mil. Hence, Omega Protein's Days Payable for the three months ended in Sep. 2017 was 15.14.

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

OME's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 45.62
* Ranked among companies with meaningful Days Payable only.

Omega Protein's Days Payable increased from Sep. 2016 (13.37) to Sep. 2017 (15.14). It may suggest that Omega Protein delayed paying its suppliers.


Omega Protein Days Payable Historical Data

The historical data trend for Omega Protein'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.

Omega Protein Days Payable Chart

Omega Protein Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.39 9.47 21.19 26.15 21.73

Omega Protein Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 13.37 20.99 27.07 17.50 15.14

Competitive Comparison of Omega Protein's Days Payable

For the Packaged Foods subindustry, Omega Protein'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.


Omega Protein's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Omega Protein's Days Payable distribution charts can be found below:

* The bar in red indicates where Omega Protein's Days Payable falls into.



Omega Protein 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.

Omega Protein's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (15.876 + 17.099) / 2 ) / 276.932*365
=16.4875 / 276.932*365
=21.73

Omega Protein's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

Days Payable (Q: Sep. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2017 ) + Accounts Payable (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (12.817 + 12.567) / 2 ) / 76.491*365 / 4
=12.692 / 76.491*365 / 4
=15.14

* 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.


Omega Protein Days Payable Related Terms

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


Omega Protein (Omega Protein) Business Description

Traded in Other Exchanges
N/A
Address
Omega Protein Corp is a nutritional ingredient company. It develops, produces and delivers healthy products throughout the world to improve nutritional integrity of foods, dietary supplements and animal feeds.
Executives
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
David H Clarke director 777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Mark A Livingston officer: VP & Chief Accounting Officer 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Andrew Johannesen officer: Executive VP and CFO 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Nicodemus Harry O Iv director 5051 WESTHEIMER, SUITE 725, HOUSTON TX 77056
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Harbinger Group Inc. 10 percent owner 3001 DEMING WAY, MIDDLETON WI 53562
Leonard Disalvo director 100 MERIDIAN CENTRE, SUITE 350, ROCHESTER NY 14614

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