GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optec International Inc (OTCPK:OPTI) » Definitions » Days Payable

Optec International (Optec International) Days Payable : 0.00 (As of Dec. 2018)


View and export this data going back to 2015. Start your Free Trial

What is Optec International Days Payable?

Optec International's average Accounts Payable for the three months ended in Dec. 2018 was $0.13 Mil. Optec International's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.00 Mil.

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

OPTI's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 66.48
* Ranked among companies with meaningful Days Payable only.

Optec International's Days Payable stayed the same from Dec. 2017 (0.00) to Dec. 2018 (0.00). stayed the same


Optec International Days Payable Historical Data

The historical data trend for Optec International'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.

Optec International Days Payable Chart

Optec International Annual Data
Trend Jun15 Jun16 Jun17
Days Payable
- 152.08 312.86

Optec International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 - - - 1,414.38 -

Competitive Comparison of Optec International's Days Payable

For the Auto Parts subindustry, Optec International'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.


Optec International's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Optec International's Days Payable distribution charts can be found below:

* The bar in red indicates where Optec International's Days Payable falls into.



Optec International 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.

Optec International's Days Payable for the fiscal year that ended in Jun. 2017 is calculated as

Days Payable (A: Jun. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2016 ) + Accounts Payable (A: Jun. 2017 )) / count ) / Cost of Goods Sold (A: Jun. 2017 )*Days in Period
=( (0.005 + 0.007) / 2 ) / 0.007*365
=0.006 / 0.007*365
=312.86

Optec International's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (0.063 + 0.195) / 2 ) / 0*365 / 4
=0.129 / 0*365 / 4
=N/A

* 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.


Optec International Days Payable Related Terms

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


Optec International (Optec International) Business Description

Traded in Other Exchanges
N/A
Address
1385 Park Center Drive, Vista, CA, USA, 92081
Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.