Opus Global (BUD:OPUS) Days Payable : 20.67 (As of Jun. 2024)

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What is Opus Global Days Payable?

Opus Global's average Accounts Payable for the three months ended in Jun. 2024 was Ft25,182 Mil. Opus Global's Cost of Goods Sold for the three months ended in Jun. 2024 was Ft111,179 Mil. Hence, Opus Global's Days Payable for the three months ended in Jun. 2024 was 20.67.

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

BUD:OPUS' s Days Payable Range Over the Past 10 Years
Min: 30.77 Med: 65.88 Max: 162.6
Current: 30.77

During the past 13 years, Opus Global's highest Days Payable was 162.60. The lowest was 30.77. And the median was 65.88.

BUD:OPUS's Days Payable is ranked worse than
88.16% of 1656 companies
in the Construction industry
Industry Median: 75.77 vs BUD:OPUS: 30.77

Opus Global's Days Payable declined from Jun. 2023 (28.28) to Jun. 2024 (20.67). It may suggest that Opus Global accelerated paying its suppliers.

Opus Global Days Payable Historical Data

The historical data trend for Opus Global'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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Opus Global Days Payable Chart

Opus Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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63.79

60.14

73.00

66.44

62.12

Opus Global Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															28.28	19.44	43.86	53.99	20.67

Competitive Comparison of Opus Global's Days Payable

For the Engineering & Construction subindustry, Opus Global'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.

Opus Global's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Opus Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Opus Global's Days Payable falls into.

Opus Global 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.

Opus Global'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
=	( (86008.878	+	87920.165)	/	2 )	/	510957.621	*	365
=	86964.5215					/	510957.621	*	365
=	62.12

Opus Global's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (23811.348	+	26552.929)	/	2 )	/	111178.88	*	365 / 4
=	25182.1385					/	111178.88	*	365 / 4
=	20.67

Opus Global Days Payable Related Terms

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Opus Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Opus Global PLC (BUD:OPUS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1VY:Germany

Address

59 Andrassy Street, Budapest, HUN, 1062

Website

https://www.opusglobal.hu

Opus Global PLC is a holding company manufacturing furnaces and fireplaces, construction activities, developing properties, and operating resorts. The company has structured its operations into the following businesses - industrial manufacturing, agriculture and food industry, Tourism, and asset management segment. The maximum revenue is generated from the industrial manufacturing business. Its geographic segments are Hungary, Germany, Austria, Switzerland, and Montenegro. It generates the majority of its revenue from Hungary.

Opus Global Headlines

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