Oman Telecommunications CoOG (MUS:OTEL) Days Payable : 486.04 (As of Dec. 2023)

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What is Oman Telecommunications CoOG Days Payable?

Oman Telecommunications CoOG's average Accounts Payable for the three months ended in Dec. 2023 was ر.ع1,390 Mil. Oman Telecommunications CoOG's Cost of Goods Sold for the three months ended in Dec. 2023 was ر.ع261 Mil. Hence, Oman Telecommunications CoOG's Days Payable for the three months ended in Dec. 2023 was 486.04.

The historical rank and industry rank for Oman Telecommunications CoOG's Days Payable or its related term are showing as below:

MUS:OTEL' s Days Payable Range Over the Past 10 Years
Min: 116.84 Med: 424.14 Max: 544.92
Current: 513.95

During the past 13 years, Oman Telecommunications CoOG's highest Days Payable was 544.92. The lowest was 116.84. And the median was 424.14.

MUS:OTEL's Days Payable is ranked better than
92.77% of 346 companies
in the Telecommunication Services industry
Industry Median: 105.83 vs MUS:OTEL: 513.95

Oman Telecommunications CoOG's Days Payable increased from Dec. 2022 (455.63) to Dec. 2023 (486.04). It may suggest that Oman Telecommunications CoOG delayed paying its suppliers.

Oman Telecommunications CoOG Days Payable Historical Data

The historical data trend for Oman Telecommunications CoOG'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.

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Oman Telecommunications CoOG Days Payable Chart

Oman Telecommunications CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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467.85

493.72

484.76

400.80

387.38

Oman Telecommunications CoOG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															455.63	472.02	671.96	568.27	486.04

Competitive Comparison of Oman Telecommunications CoOG's Days Payable

For the Telecom Services subindustry, Oman Telecommunications CoOG'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.

Oman Telecommunications CoOG's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Oman Telecommunications CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Oman Telecommunications CoOG's Days Payable falls into.

Oman Telecommunications CoOG 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.

Oman Telecommunications CoOG'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
=	( (1026.856	+	1130.385)	/	2 )	/	1016.298	*	365
=	1078.6205					/	1016.298	*	365
=	387.38

Oman Telecommunications CoOG's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1649.33	+	1130.385)	/	2 )	/	260.933	*	365 / 4
=	1389.8575					/	260.933	*	365 / 4
=	486.04

Oman Telecommunications CoOG Days Payable Related Terms

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Oman Telecommunications CoOG (MUS:OTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Oman Telecommunications Co SAOG (MUS:OTEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box: 789, Ruwi, Muscat, OMN, 112

Website

https://www.omantel.om

Oman Telecommunications Co SAOG is engaged in the establishment, operation, maintenance, and development of telecommunication services in the Sultanate of Oman. The company and its subsidiaries operate in a single business segment: telecommunications and related services. Its revenue comprises Fixed Broadband, Mobile Postpaid, and ICT (Information and communications technology). The geographical segments are Oman, Kuwait, Jordan, Sudan, Iraq, Bahrain, Saudi Arabia, and Others.