Oman Fisheries CoOG (MUS:OFCI) Days Payable: 25.00 (As of Mar. 2018)


What is Oman Fisheries CoOG Days Payable?

Oman Fisheries CoOG MUS:OFCI +4.35% Days Payable is 25.00 as of Mar. 2018.

Oman Fisheries CoOG's average Accounts Payable for the three months ended in Mar. 2018 was ر.ع1.43 Mil. Oman Fisheries CoOG's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع5.22 Mil. Hence, Oman Fisheries CoOG's Days Payable for the three months ended in Mar. 2018 was 25.00.

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

MUS:OFCI's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 43.96
* Ranked among companies with meaningful Days Payable only.

Oman Fisheries CoOG's Days Payable increased from Mar. 2017 (23.12) to Mar. 2018 (25.00). It may suggest that Oman Fisheries CoOG delayed paying its suppliers.

Oman Fisheries CoOG Days Payable Historical Data

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The historical data trend for Oman Fisheries 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 Fisheries CoOG Days Payable Chart

Oman Fisheries CoOG Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.06 13.92 13.89 20.72 18.40

Oman Fisheries CoOG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Dec18
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 33.12 26.81 24.84 25.00 0.00

MUS:OFCI vs PLAG, MMMB, OPCO: Days Payable Comparison

For the Packaged Foods subindustry, Oman Fisheries 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 Fisheries CoOG Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oman Fisheries CoOG's Days Payable distribution charts can be found below:

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


Oman Fisheries 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 Fisheries CoOG's Days Payable for the fiscal year that ended in Mar. 2017 is calculated as

Days Payable (A: Mar. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2016 ) + Accounts Payable (A: Mar. 2017 )) / count ) / Cost of Goods Sold (A: Mar. 2017 )*Days in Period
=( (1.538 + 0.794) / 2 ) / 23.127*365
=1.166 / 23.127*365
=18.40

Oman Fisheries 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
=( (1.917 + 0.946) / 2 ) / 5.224*365 / 4
=1.4315 / 5.224*365 / 4
=25.00

* 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 25.00 mean?
Oman Fisheries CoOG (MUS:OFCI) has a Days Payable of 25.00 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 Fisheries CoOG and its competitors.
Is Oman Fisheries CoOG's Days Payable too high?
Oman Fisheries CoOG's current Days Payable is 25.00. The Consumer Packaged Goods industry median Days Payable is 43.96. Oman Fisheries CoOG's value of 25.00 is 43.1% below this industry median.
How does Oman Fisheries CoOG's Days Payable compare to PLAG and MMMB?
Oman Fisheries CoOG's Days Payable of 25.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.96. Oman Fisheries CoOG's value of 25.00 is 43.1% 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.96, based on 1,881 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 Fisheries CoOG's current Days Payable of 25.00 is 43.1% 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 Fisheries CoOG and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Fisheries CoOG's current Days Payable is 25.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Fisheries CoOG stock overvalued right now?
Oman Fisheries CoOG (MUS:OFCI) has a current Days Payable of 25.00. The current Days Payable is 25.00 and 43.1% below the Consumer Packaged Goods industry median of 43.96. 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 Fisheries CoOG (MUS:OFCI), the current Days Payable is 25.00 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 Fisheries CoOG Business Description

Address Ruwi, P.O Box 2900, Muscat, OMN, 112
Oman Fisheries Co SAOG is a fishing company. The company is engaged in the procurement, processing, and sale of fresh, frozen and coated fish, fishing and the sale of fishing rights. It offers the widest range of seafood including demersal and pelagic, tuna, cephalopods, crustaceans, fresh fish and breaded seafood products. It also provides storage and logistics services. It generates the majority of the revenue from Far East countries.