Oman Ceramics CoOG (MUS:OMCI) Days Payable: 40.97 (As of Mar. 2018)

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What is Oman Ceramics CoOG Days Payable?

Oman Ceramics CoOG MUS:OMCI Days Payable is 40.97 as of Mar. 2018.

Oman Ceramics CoOG's average Accounts Payable for the three months ended in Mar. 2018 was ر.ع0.21 Mil. Oman Ceramics CoOG's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع0.46 Mil. Hence, Oman Ceramics CoOG's Days Payable for the three months ended in Mar. 2018 was 40.97.

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

MUS:OMCI's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.55
* Ranked among companies with meaningful Days Payable only.

Oman Ceramics CoOG's Days Payable declined from Mar. 2017 (42.31) to Mar. 2018 (40.97). It may suggest that Oman Ceramics CoOG accelerated paying its suppliers.

Oman Ceramics CoOG Days Payable Historical Data

* Premium members only.

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

Oman Ceramics 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 0.00 0.00 0.00 39.11 31.93

Oman Ceramics 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 42.31 50.84 64.93 29.93 40.97

Oman Ceramics CoOG Days Payable Competitor Comparison

For the Building Products & Equipment subindustry, Oman Ceramics 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 Ceramics CoOG Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Oman Ceramics CoOG's Days Payable distribution charts can be found below:

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


Oman Ceramics 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 Ceramics 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
=( (0.292 + 0.172) / 2 ) / 2.652*365
=0.232 / 2.652*365
=31.93

Oman Ceramics 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
=( (0.172 + 0.242) / 2 ) / 0.461*365 / 4
=0.207 / 0.461*365 / 4
=40.97

* 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 40.97 mean?
Oman Ceramics CoOG (MUS:OMCI) has a Days Payable of 40.97 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 Ceramics CoOG and its competitors.
Is Oman Ceramics CoOG's Days Payable too high?
Oman Ceramics CoOG's current Days Payable is 40.97. The Construction industry median Days Payable is 76.55. Oman Ceramics CoOG's value of 40.97 is 46.5% below this industry median.
How does Oman Ceramics CoOG's Days Payable compare to competitors?
Oman Ceramics CoOG's Days Payable of 40.97 can be compared against companies in the Construction industry. The industry median Days Payable is 76.55. Oman Ceramics CoOG's value of 40.97 is 46.5% 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 Construction company?
The median Days Payable among Construction companies is 76.55, based on 1,716 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 Ceramics CoOG's current Days Payable of 40.97 is 46.5% 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 Ceramics CoOG and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Ceramics CoOG's current Days Payable is 40.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Ceramics CoOG stock overvalued right now?
Oman Ceramics CoOG (MUS:OMCI) has a current Days Payable of 40.97. The current Days Payable is 40.97 and 46.5% below the Construction industry median of 76.55. 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 Ceramics CoOG (MUS:OMCI), the current Days Payable is 40.97 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 Ceramics CoOG Business Description

Address Road No .9, Sohar Industrial Estate, P.O.Box 46, Sohar, OMN, 327
Oman Ceramics Co SAOG is principally engaged in manufacturing and selling of various types of ceramic sanitary wares. The product line of the company includes water closet, wash basin, bidet, accessories, urinals, shower tray, seat covers, flushing machine, mixers, showers, shattaf, and angle valve and others. The company markets its products in various countries such as UK, USA, UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Jordan, Syria, India, Yemen and South Africa. Oman Ceramics operates through the single segment being the Manufacture of ceramic sanitary wares and related products.