OPT Sciences (OPT Sciences) Days Payable : 8.38 (As of Jul. 2015)

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What is OPT Sciences Days Payable?

OPT Sciences's average Accounts Payable for the three months ended in Jul. 2015 was $0.10 Mil. OPT Sciences's Cost of Goods Sold for the three months ended in Jul. 2015 was $1.10 Mil. Hence, OPT Sciences's Days Payable for the three months ended in Jul. 2015 was 8.38.

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

OPST's Days Payable is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 75.31
* Ranked among companies with meaningful Days Payable only.

OPT Sciences's Days Payable increased from Jul. 2014 (7.89) to Jul. 2015 (8.38). It may suggest that OPT Sciences delayed paying its suppliers.

OPT Sciences Days Payable Historical Data

The historical data trend for OPT Sciences'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.

OPT Sciences Days Payable Chart

OPT Sciences Annual Data

Trend

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Oct14

Days Payable

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6.68

8.43

6.89

7.75

7.24

OPT Sciences Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Days Payable	Get a 7-Day Free Trial															7.89	6.22	6.29	8.77	8.38

Competitive Comparison of OPT Sciences's Days Payable

For the Aerospace & Defense subindustry, OPT Sciences'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.

OPT Sciences's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OPT Sciences's Days Payable distribution charts can be found below:

* The bar in red indicates where OPT Sciences's Days Payable falls into.

OPT Sciences 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.

OPT Sciences's Days Payable for the fiscal year that ended in Oct. 2014 is calculated as

	Days Payable (A: Oct. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2013 )	+	Accounts Payable (A: Oct. 2014 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2014 )	*	Days in Period
=	( (0.091	+	0.092)	/	2 )	/	4.61	*	365
=	0.0915					/	4.61	*	365
=	7.24

OPT Sciences's Days Payable for the quarter that ended in Jul. 2015 is calculated as:

	Days Payable (Q: Jul. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2015 )	+	Accounts Payable (Q: Jul. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2015 )	*	Days in Period
=	( (0.115	+	0.087)	/	2 )	/	1.1	*	365 / 4
=	0.101					/	1.1	*	365 / 4
=	8.38

OPT Sciences Days Payable Related Terms

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OPT Sciences (OPT Sciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » OPT Sciences Corp (OTCPK:OPST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1912 Bannard Street, Cinnaminson, NJ, USA, 08077

Website

http://www.optsciences.com

OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.

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