The Okomu Oil Palm Co (NSA:OKMO) Days Payable : 0.00 (As of Dec. 2023)

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What is The Okomu Oil Palm Co Days Payable?

The Okomu Oil Palm Co's average Accounts Payable for the three months ended in Dec. 2023 was ₦2,762 Mil. The Okomu Oil Palm Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₦-6,527 Mil.

The historical rank and industry rank for The Okomu Oil Palm Co's Days Payable or its related term are showing as below:

NSA:OKMO' s Days Payable Range Over the Past 10 Years
Min: 64.15 Med: 171.49 Max: 764.18
Current: 70.82

During the past 13 years, The Okomu Oil Palm Co's highest Days Payable was 764.18. The lowest was 64.15. And the median was 171.49.

NSA:OKMO's Days Payable is ranked better than
70.68% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs NSA:OKMO: 70.82

The Okomu Oil Palm Co's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

The Okomu Oil Palm Co Days Payable Historical Data

The historical data trend for The Okomu Oil Palm Co'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.

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The Okomu Oil Palm Co Days Payable Chart

The Okomu Oil Palm Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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178.14

107.77

66.29

64.15

79.58

The Okomu Oil Palm Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	38.45	25.20	33.47	-

Competitive Comparison of The Okomu Oil Palm Co's Days Payable

For the Farm Products subindustry, The Okomu Oil Palm Co'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.

The Okomu Oil Palm Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Okomu Oil Palm Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Okomu Oil Palm Co's Days Payable falls into.

The Okomu Oil Palm Co 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.

The Okomu Oil Palm Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2828.292	+	2591.461)	/	2 )	/	12428.866	*	365
=	2709.8765					/	12428.866	*	365
=	79.58

The Okomu Oil Palm Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2933.506	+	2591.461)	/	2 )	/	-6527.116	*	365 / 4
=	2762.4835					/	-6527.116	*	365 / 4
=	N/A

The Okomu Oil Palm Co Days Payable Related Terms

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The Okomu Oil Palm Co (NSA:OKMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Okomu Oil Palm Co PLC (NSA:OKMO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Okomu-Udo, Ovia South West LGA, P.M.B, Benin, NGA, 1449

Website

https://www.okomunigeria.com

The Okomu Oil Palm Co PLC engages in the cultivation of oil palm and rubber in Nigeria. The company has three reportable segments; the Palm Plantation segment, which produces fresh fruit bunches, crude palm oil, and crude palm kernel; the Rubber Plantation segment, which produces latex and rubber cake; and the Palm Processing segment, which renders palm processing from the company's mill processing equipment. The company processes fresh fruit bunches into crude palm oil for resale, and rubber lumps to rubber cake for export. The company generates maximum revenue from Palm oil products and Rubber products.

The Okomu Oil Palm Co (NSA:OKMO) Headlines

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