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Optiscan Imaging (ASX:OIL) Days Payable : 913.93 (As of Dec. 2023)


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What is Optiscan Imaging Days Payable?

Optiscan Imaging's average Accounts Payable for the six months ended in Dec. 2023 was A$0.64 Mil. Optiscan Imaging's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.13 Mil. Hence, Optiscan Imaging's Days Payable for the six months ended in Dec. 2023 was 913.93.

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

ASX:OIL' s Days Payable Range Over the Past 10 Years
Min: 272.92   Med: 594.34   Max: 6949.04
Current: 386.08

During the past 13 years, Optiscan Imaging's highest Days Payable was 6949.04. The lowest was 272.92. And the median was 594.34.

ASX:OIL's Days Payable is ranked better than
96.86% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs ASX:OIL: 386.08

Optiscan Imaging's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (913.93). It may suggest that Optiscan Imaging delayed paying its suppliers.


Optiscan Imaging Days Payable Historical Data

The historical data trend for Optiscan Imaging'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.

Optiscan Imaging Days Payable Chart

Optiscan Imaging 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 - - - - 272.92

Optiscan Imaging 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 - - - 231.51 913.93

Competitive Comparison of Optiscan Imaging's Days Payable

For the Scientific & Technical Instruments subindustry, Optiscan Imaging'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.


Optiscan Imaging's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optiscan Imaging's Days Payable distribution charts can be found below:

* The bar in red indicates where Optiscan Imaging's Days Payable falls into.



Optiscan Imaging 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.

Optiscan Imaging'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
=( (0.303 + 0.524) / 2 ) / 0.553*365
=0.4135 / 0.553*365
=272.92

Optiscan Imaging'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
=( (0.524 + 0.758) / 2 ) / 0.128*365 / 2
=0.641 / 0.128*365 / 2
=913.93

* 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.


Optiscan Imaging Days Payable Related Terms

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


Optiscan Imaging (ASX:OIL) Business Description

Traded in Other Exchanges
N/A
Address
16 Miles Street, Mulgrave, Melbourne, VIC, AUS, 3170
Optiscan Imaging Ltd is engaged in the development, manufacture, and commercialization of endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications. Its technology offers real-time, 3D, in vivo imaging at the single-cell level, in a non-destructive manner that enables clinicians to make immediate informed decisions. Its products include InVivage, ViewnVivo, and Customisation.

Optiscan Imaging (ASX:OIL) Headlines

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