Oman & Emirates Investment Holding CoOG (MUS:OEIO) Days Payable: 83.45 (As of Mar. 2018)


What is Oman & Emirates Investment Holding CoOG Days Payable?

Oman & Emirates Investment Holding CoOG MUS:OEIO +0.63% Days Payable is 83.45 as of Mar. 2018.

Oman & Emirates Investment Holding CoOG's average Accounts Payable for the three months ended in Mar. 2018 was ر.ع0.32 Mil. Oman & Emirates Investment Holding CoOG's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع0.35 Mil. Hence, Oman & Emirates Investment Holding CoOG's Days Payable for the three months ended in Mar. 2018 was 83.45.

The historical rank and industry rank for Oman & Emirates Investment Holding CoOG's Days Payable or its related term are showing as below:

MUS:OEIO's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 55.71
* Ranked among companies with meaningful Days Payable only.

Oman & Emirates Investment Holding CoOG's Days Payable declined from Mar. 2017 (304.40) to Mar. 2018 (83.45). It may suggest that Oman & Emirates Investment Holding CoOG accelerated paying its suppliers.

Oman & Emirates Investment Holding CoOG Days Payable Related Terms

Oman & Emirates Investment Holding CoOG Days Payable Historical Data

* Premium members only.

The historical data trend for Oman & Emirates Investment Holding 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.

Oman & Emirates Investment Holding CoOG Days Payable Chart

Oman & Emirates Investment Holding CoOG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 366.54 460.24 392.62 390.81 0.00

Oman & Emirates Investment Holding CoOG Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 304.40 395.86 764.77 0.00 83.45

MUS:OEIO vs DTSS, TGLO, SHRG: Days Payable Comparison

For the Conglomerates subindustry, Oman & Emirates Investment Holding 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.

Oman & Emirates Investment Holding CoOG Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Oman & Emirates Investment Holding CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Oman & Emirates Investment Holding CoOG's Days Payable falls into.


Oman & Emirates Investment Holding 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.

Oman & Emirates Investment Holding CoOG's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (1.038 + 0.241) / 2 ) / -0.342*365
=0.6395 / -0.342*365
=N/A

Oman & Emirates Investment Holding CoOG's Days Payable for the quarter that ended in Mar. 2018 is calculated as:

Days Payable (Q: Mar. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2017 ) + Accounts Payable (Q: Mar. 2018 )) / count ) / Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=( (0.241 + 0.401) / 2 ) / 0.351*365 / 4
=0.321 / 0.351*365 / 4
=83.45

* 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 83.45 mean?
Oman & Emirates Investment Holding CoOG (MUS:OEIO) has a Days Payable of 83.45 as of Mar. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Oman & Emirates Investment Holding CoOG and its competitors.
Is Oman & Emirates Investment Holding CoOG's Days Payable too high?
Oman & Emirates Investment Holding CoOG's current Days Payable is 83.45. The Conglomerates industry median Days Payable is 55.71. Oman & Emirates Investment Holding CoOG's value of 83.45 is 49.8% above this industry median.
How does Oman & Emirates Investment Holding CoOG's Days Payable compare to DTSS and TGLO?
Oman & Emirates Investment Holding CoOG's Days Payable of 83.45 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 55.71. Oman & Emirates Investment Holding CoOG's value of 83.45 is 49.8% 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.71, based on 509 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 & Emirates Investment Holding CoOG's current Days Payable of 83.45 is 49.8% 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 Oman & Emirates Investment Holding CoOG and its competitors. For the Conglomerates industry, the median Days Payable is 55.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman & Emirates Investment Holding CoOG's current Days Payable is 83.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman & Emirates Investment Holding CoOG stock overvalued right now?
Oman & Emirates Investment Holding CoOG (MUS:OEIO) has a current Days Payable of 83.45. The current Days Payable is 83.45 and 49.8% above the Conglomerates industry median of 55.71. 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 & Emirates Investment Holding CoOG (MUS:OEIO), the current Days Payable is 83.45 as of Mar. 2018. 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 & Emirates Investment Holding CoOG Business Description

Address Ruwi, P.O. Box 2205, Muscat, OMN, 112
Oman & Emirates Investment Holding Co SAOG is an Oman-based company engaged in the provision of investment and related services. It operates through the Oman and United Arab Emirates geographical segments. The company also invests in companies with various industrial activities, such as food processing, livestock, and fishing, fiber optic products.