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Oakridge International (ASX:OAK) Days Payable : 238.79 (As of Dec. 2023)


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What is Oakridge International Days Payable?

Oakridge International's average Accounts Payable for the six months ended in Dec. 2023 was A$0.14 Mil. Oakridge International's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.11 Mil. Hence, Oakridge International's Days Payable for the six months ended in Dec. 2023 was 238.79.

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

ASX:OAK' s Days Payable Range Over the Past 10 Years
Min: 92.98   Med: 215.71   Max: 916.9
Current: 142.83

During the past 13 years, Oakridge International's highest Days Payable was 916.90. The lowest was 92.98. And the median was 215.71.

ASX:OAK's Days Payable is ranked better than
76.68% of 596 companies
in the Healthcare Providers & Services industry
Industry Median: 63.31 vs ASX:OAK: 142.83

Oakridge International's Days Payable increased from Dec. 2022 (118.63) to Dec. 2023 (238.79). It may suggest that Oakridge International delayed paying its suppliers.


Oakridge International Days Payable Historical Data

The historical data trend for Oakridge 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.

Oakridge International Days Payable Chart

Oakridge International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.98 615.20 251.57 213.33 116.18

Oakridge International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 384.84 167.29 118.63 113.49 238.79

Competitive Comparison of Oakridge International's Days Payable

For the Health Information Services subindustry, Oakridge 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.


Oakridge International's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oakridge International's Days Payable distribution charts can be found below:

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



Oakridge 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.

Oakridge International's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.083 + 0.171) / 2 ) / 0.399*365
=0.127 / 0.399*365
=116.18

Oakridge International'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.171 + 0.109) / 2 ) / 0.107*365 / 2
=0.14 / 0.107*365 / 2
=238.79

* 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.


Oakridge International Days Payable Related Terms

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


Oakridge International (ASX:OAK) Business Description

Traded in Other Exchanges
Address
89 Pirie Street, Suite 3, Level 3, Adelaide, SA, AUS, 5000
Oakridge International Ltd is an Australian ax (IoT) technology business. It has developed revolutionary technology that allows anyone using their smartphone to connect and control electronic devices, embedded with ADRC (Auto Discovery Remote Control). It serves consumers, manufacturers, retailers, and data centers, as well as the healthcare sector. The company has four operating segments: Technology development, Healthcare technology, Geothermal projects, and Corporate. Geographically, it operates within Australia.

Oakridge International (ASX:OAK) Headlines

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