Otello ASA (Otello ASA) Days Payable : 0.00 (As of Jun. 2023)

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What is Otello ASA Days Payable?

Otello ASA's average Accounts Payable for the six months ended in Jun. 2023 was $0.15 Mil. Otello ASA's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.00 Mil.

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

During the past 13 years, Otello ASA's highest Days Payable was 30010.42. The lowest was 47.01. And the median was 62.71.

OPESF's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 82.14
* Ranked among companies with meaningful Days Payable only.

Otello ASA's Days Payable stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

Otello ASA Days Payable Historical Data

The historical data trend for Otello ASA'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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Otello ASA Days Payable Chart

Otello ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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66.54

61.28

29,504.17

Otello ASA Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Otello ASA's Days Payable

For the Advertising Agencies subindustry, Otello ASA'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.

Otello ASA's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Otello ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Otello ASA's Days Payable falls into.

Otello ASA 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.

Otello ASA's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.2	+	0.2)	/	2 )	/	0	*	365
=	0.2					/	0	*	365
=	N/A

Otello ASA's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.2	+	0.1)	/	2 )	/	0	*	365 / 2
=	0.15					/	0	*	365 / 2
=	N/A

Otello ASA Days Payable Related Terms

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Otello ASA (Otello ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Otello Corp ASA (OTCPK:OPESF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OTEC:Norway OS3:Germany

Address

Gjerdrums vei 19, Oslo, NOR, NO-0484

Website

https://www.otellocorp.com

Otello Corp ASA Norway-based company. The company holds shares in different businesses, including, i) Bemobi, a Mobile Media and Entertainment company that integrates people and mobile content through technology and offers a subscription-based discovery service for mobile apps in Latin America and beyond; and ii) Skyfire which offers cloud-based network solutions for mobile operators.

Otello ASA (Otello ASA) Headlines

From GuruFocus

Otello Corporation Announces Third Quarter Results

By PRNewswire PRNewswire • 11-13-2019

Otello Corporation announces third quarter results

By PRNewswire PRNewswire • 10-27-2020

Otello Corporation announces second quarter results

By PRNewswire PRNewswire • 08-20-2020

Otello Corporation Announces Fourth Quarter Results

By PRNewswire PRNewswire • 02-27-2020

Otello Corporation Announces First Quarter Results

By PRNewswire PRNewswire • 05-07-2020

Invitation to 3Q 2019 Presentation

By PRNewswire PRNewswire • 11-06-2019

Otello Corporation Announces Second Quarter Results

By PRNewswire PRNewswire • 08-20-2019

Updated financial outlook for 2020 and trading update

By PRNewswire PRNewswire • 12-21-2020