Oman Cables Industryog (MUS:OCAI) Days Payable : 23.61 (As of Dec. 2024)

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What is Oman Cables Industryog Days Payable?

Oman Cables Industryog's average Accounts Payable for the three months ended in Dec. 2024 was ر.ع16.2 Mil. Oman Cables Industryog's Cost of Goods Sold for the three months ended in Dec. 2024 was ر.ع62.5 Mil. Hence, Oman Cables Industryog's Days Payable for the three months ended in Dec. 2024 was 23.61.

The historical rank and industry rank for Oman Cables Industryog's Days Payable or its related term are showing as below:

MUS:OCAI' s Days Payable Range Over the Past 10 Years
Min: 23.14 Med: 34.79 Max: 37.42
Current: 27.25

During the past 13 years, Oman Cables Industryog's highest Days Payable was 37.42. The lowest was 23.14. And the median was 34.79.

MUS:OCAI's Days Payable is ranked worse than
89.8% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs MUS:OCAI: 27.25

Oman Cables Industryog's Days Payable declined from Dec. 2023 (32.50) to Dec. 2024 (23.61). It may suggest that Oman Cables Industryog accelerated paying its suppliers.

Oman Cables Industryog Days Payable Historical Data

The historical data trend for Oman Cables Industryog'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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Oman Cables Industryog Days Payable Chart

Oman Cables Industryog Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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36.23

34.92

36.23

34.66

23.14

Oman Cables Industryog Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															32.50	30.65	32.44	27.39	23.61

Competitive Comparison of Oman Cables Industryog's Days Payable

For the Electrical Equipment & Parts subindustry, Oman Cables Industryog'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.

Oman Cables Industryog's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Oman Cables Industryog's Days Payable distribution charts can be found below:

* The bar in red indicates where Oman Cables Industryog's Days Payable falls into.

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Oman Cables Industryog 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.

Oman Cables Industryog's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (15.849	+	13.524)	/	2 )	/	231.614	*	365
=	14.6865					/	231.614	*	365
=	23.14

Oman Cables Industryog's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (18.798	+	13.524)	/	2 )	/	62.458	*	365 / 4
=	16.161					/	62.458	*	365 / 4
=	23.61

Oman Cables Industryog Days Payable Related Terms

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Oman Cables Industryog Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Oman Cables Industry Saog (MUS:OCAI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O Box 25, Rusayl, OMN, 124

Website

https://www.omancables.com

Oman Cables Industry Saog develops, manufactures, and markets a totally integrated variety of electrical cables and conductors for diverse applications, including medium voltage power cables, low voltage power, and control cables, instrumentation cables, pilot cables, overhead power transmission line conductors, and building wires. The Company's principal activity is the manufacture and sale of electrical cables and conductors. The company earns the majority of its revenue from Local Sales and followed by Middle East and North Africa (MENA) region, others.

Oman Cables Industryog Headlines

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