National Mineral Water CoOG (MUS:NMWI) Days Payable: 142.54 (As of Jun. 2024)

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What is National Mineral Water CoOG Days Payable?

National Mineral Water CoOG MUS:NMWI Days Payable is 142.54 as of Jun. 2024.

National Mineral Water CoOG's average Accounts Payable for the three months ended in Jun. 2024 was ر.ع1.48 Mil. National Mineral Water CoOG's Cost of Goods Sold for the three months ended in Jun. 2024 was ر.ع0.95 Mil. Hence, National Mineral Water CoOG's Days Payable for the three months ended in Jun. 2024 was 142.54.

The historical rank and industry rank for National Mineral Water CoOG's Days Payable or its related term are showing as below:

MUS:NMWI's Days Payable is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 57.21
* Ranked among companies with meaningful Days Payable only.

National Mineral Water CoOG's Days Payable increased from Jun. 2023 (102.28) to Jun. 2024 (142.54). It may suggest that National Mineral Water CoOG delayed paying its suppliers.


National Mineral Water CoOG Days Payable Historical Data

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The historical data trend for National Mineral Water CoOG'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.

National Mineral Water CoOG Days Payable Chart

National Mineral Water CoOG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.22 95.91 107.45 90.63 113.89

National Mineral Water CoOG Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 102.28 154.61 156.95 142.88 142.54

MUS:NMWI vs MOJO, RMHB, LSTG: Days Payable Comparison

For the Beverages - Non-Alcoholic subindustry, National Mineral Water CoOG'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.


National Mineral Water CoOG Days Payable vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Mineral Water CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where National Mineral Water CoOG's Days Payable falls into.



National Mineral Water CoOG 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.

National Mineral Water CoOG'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
=( (1.076 + 1.278) / 2 ) / 3.772*365
=1.177 / 3.772*365
=113.89

National Mineral Water CoOG'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
=( (1.34 + 1.628) / 2 ) / 0.95*365 / 4
=1.484 / 0.95*365 / 4
=142.54

* 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 142.54 mean?
National Mineral Water CoOG (MUS:NMWI) has a Days Payable of 142.54 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on National Mineral Water CoOG and its competitors.
Is National Mineral Water CoOG's Days Payable too high?
National Mineral Water CoOG's current Days Payable is 142.54. The Beverages - Non-Alcoholic industry median Days Payable is 57.21. National Mineral Water CoOG's value of 142.54 is 149.2% above this industry median.
How does National Mineral Water CoOG's Days Payable compare to MOJO and RMHB?
National Mineral Water CoOG's Days Payable of 142.54 can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median Days Payable is 57.21. National Mineral Water CoOG's value of 142.54 is 149.2% 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 Beverages - Non-Alcoholic company?
The median Days Payable among Beverages - Non-Alcoholic companies is 57.21, based on 113 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. National Mineral Water CoOG's current Days Payable of 142.54 is 149.2% 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 National Mineral Water CoOG and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 57.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Mineral Water CoOG's current Days Payable is 142.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Mineral Water CoOG stock overvalued right now?
National Mineral Water CoOG (MUS:NMWI) has a current Days Payable of 142.54. The current Days Payable is 142.54 and 149.2% above the Beverages - Non-Alcoholic industry median of 57.21. 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 National Mineral Water CoOG (MUS:NMWI), the current Days Payable is 142.54 as of Jun. 2024. 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.

National Mineral Water CoOG Business Description

Address P.O. Box 2740, Ruwi, Muscat, OMN, 112
National Mineral Water Co SAOG is an Oman-based company. It is engaged in investment, agency business, import, export, trading in food and non-food products, recycling of polyethylene terephthalate (PET) bottles, and manufacturing of value added PET related products. The company receives maximum revenue from manufacturing. The company operates in two product segments that are Bottled Water and Traded/co-manufactured Products.