Oman Cement (MUS:OCOI) Days Payable: 13.94 (As of Sep. 2022)


MUS:OCOI Oman Cement MUS:OCOI
39 GF Score
Price ر.ع0.57
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What is Oman Cement Days Payable?

Oman Cement MUS:OCOI 39 Days Payable is 13.94 as of Sep. 2022. GuruFocus rates MUS:OCOI with a GF Score™ of 39/100.

Oman Cement's average Accounts Payable for the three months ended in Sep. 2022 was ر.ع2.15 Mil. Oman Cement's Cost of Goods Sold for the three months ended in Sep. 2022 was ر.ع14.10 Mil. Hence, Oman Cement's Days Payable for the three months ended in Sep. 2022 was 13.94.

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

MUS:OCOI's Days Payable is not ranked *
in the Building Materials industry.
Industry Median: 69.75
* Ranked among companies with meaningful Days Payable only.

Oman Cement's Days Payable declined from Sep. 2021 (16.27) to Sep. 2022 (13.94). It may suggest that Oman Cement accelerated paying its suppliers.

Oman Cement Days Payable Historical Data

* Premium members only.

The historical data trend for Oman Cement'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.

Oman Cement Days Payable Chart

Oman Cement Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.30 42.41 14.11 17.13 20.52

Oman Cement Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 16.27 18.47 12.77 13.98 13.94

Oman Cement Days Payable Competitor Comparison

For the Building Materials subindustry, Oman Cement'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 Cement Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Oman Cement's Days Payable distribution charts can be found below:

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


MUS:OCOI
39GF Score
Oman Cement MUS:OCOI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Cement 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 Cement's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (2.399 + 2.029) / 2 ) / 39.382*365
=2.214 / 39.382*365
=20.52

Oman Cement's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (1.889 + 2.419) / 2 ) / 14.103*365 / 4
=2.154 / 14.103*365 / 4
=13.94

* 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 13.94 mean?
Oman Cement (MUS:OCOI) has a Days Payable of 13.94 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Oman Cement and its competitors.
Is Oman Cement's Days Payable too high?
Oman Cement's current Days Payable is 13.94. The Building Materials industry median Days Payable is 69.75. Oman Cement's value of 13.94 is 80% below this industry median. Overall, Oman Cement has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Oman Cement's Days Payable compare to competitors?
Oman Cement's Days Payable of 13.94 can be compared against companies in the Building Materials industry. The industry median Days Payable is 69.75. Oman Cement's value of 13.94 is 80% below 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.75, based on 395 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. Oman Cement's current Days Payable of 13.94 is 80% below 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 Oman Cement and its competitors. For the Building Materials industry, the median Days Payable is 69.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Cement's current Days Payable is 13.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Cement stock overvalued right now?
Oman Cement (MUS:OCOI) has a current Days Payable of 13.94. The current Days Payable is 13.94 and 80% below the Building Materials industry median of 69.75. Oman Cement's overall GF Score™ is 39/100. 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 Oman Cement (MUS:OCOI), the current Days Payable is 13.94 as of Sep. 2022. 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.

Oman Cement Business Description

Address P.O. Box 560, Ruwi, OMN, 112
Oman Cement Co SAOG is an Oman based company engaged in the manufacture and sale of cement and related products. Its product portfolio covers products such as Sulphate resistant Cement, Ordinary portland cement, Moderate sulphate resistant cement and Oil well cement. The company mainly operates in the geographical segment of the Sultanate of Oman and other GCC countries and generates primarily revenue through the sales of cement and its related products.
39GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.57
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