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

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What is Oman & Emirates Investment Holding CoOG Days Payable?

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: 59.54
* 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 Historical Data

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.

* Premium members only.

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

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366.54

460.24

392.62

390.81

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															304.40	395.86	762.71	-	83.45

Competitive Comparison of Oman & Emirates Investment Holding CoOG's Days Payable

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's Days Payable Distribution in the 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

Oman & Emirates Investment Holding CoOG Days Payable Related Terms

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Oman & Emirates Investment Holding CoOG (MUS:OEIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Oman & Emirates Investment Holding Co SAOG (MUS:OEIO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ruwi, P.O. Box 2205, Muscat, OMN, 112

Website

http://www.omanemirates.com

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.

Oman & Emirates Investment Holding CoOG (MUS:OEIO) Headlines

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