Onyx Touristiki (ATH:ONYX) Days Payable: 285.14 (As of Dec. 2023)


What is Onyx Touristiki Days Payable?

Onyx Touristiki ATH:ONYX Days Payable is 285.14 as of Dec. 2023.

Onyx Touristiki's average Accounts Payable for the six months ended in Dec. 2023 was €0.68 Mil. Onyx Touristiki's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.87 Mil. Hence, Onyx Touristiki's Days Payable for the six months ended in Dec. 2023 was 142.57.

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

ATH:ONYX's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.38
* Ranked among companies with meaningful Days Payable only.

Onyx Touristiki's Days Payable increased from Dec. 2021 (245.16) to Dec. 2023 (285.14). It may suggest that Onyx Touristiki delayed paying its suppliers.

Onyx Touristiki Days Payable Historical Data

* Premium members only.

The historical data trend for Onyx Touristiki'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.

Onyx Touristiki Days Payable Chart

Onyx Touristiki Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
245.16 270.89 285.14

Onyx Touristiki Semi-Annual Data
Dec21 Dec22 Dec23
Days Payable 245.16 270.89 285.14

ATH:ONYX vs RL, LEVI, VFC: Days Payable Comparison

For the Real Estate - Diversified subindustry, Onyx Touristiki'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.

Onyx Touristiki Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Onyx Touristiki's Days Payable distribution charts can be found below:

* The bar in red indicates where Onyx Touristiki's Days Payable falls into.


Onyx Touristiki 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.

Onyx Touristiki'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
=( (0.526 + 0.838) / 2 ) / 0.873*365
=0.682 / 0.873*365
=285.14

Onyx Touristiki'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: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.526 + 0.838) / 2 ) / 0.873*365 / 2
=0.682 / 0.873*365 / 2
=142.57

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 285.14 mean?
Onyx Touristiki (ATH:ONYX) has a Days Payable of 285.14 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Onyx Touristiki and its competitors.
Is Onyx Touristiki's Days Payable too high?
Onyx Touristiki's current Days Payable is 285.14. The Real Estate industry median Days Payable is 94.38. Onyx Touristiki's value of 285.14 is 202.1% above this industry median.
How does Onyx Touristiki's Days Payable compare to RL and LEVI?
Onyx Touristiki's Days Payable of 285.14 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. Onyx Touristiki's value of 285.14 is 202.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,571 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Onyx Touristiki's current Days Payable of 285.14 is 202.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Onyx Touristiki and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onyx Touristiki's current Days Payable is 285.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onyx Touristiki stock overvalued right now?
Onyx Touristiki (ATH:ONYX) has a current Days Payable of 285.14. The current Days Payable is 285.14 and 202.1% above the Real Estate industry median of 94.38. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Onyx Touristiki (ATH:ONYX), the current Days Payable is 285.14 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Onyx Touristiki Business Description

Address Acheloou 9, Thessaloniki, GRC, 54628
Onyx Touristiki SA is engaged in agri-tourism and luxury real estate development. The company focuses on sustainability, using renewable energy and local agri-food production to support tourism.