Opto Circuits (India) (NSE:OPTOCIRCUI) Days Payable: 0.00 (As of Jun. 2021)


NSE:OPTOCIRCUI Opto Circuits (India) Ltd NSE:OPTOCIRCUI
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Price ₹1.80
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What is Opto Circuits (India) Days Payable?

Opto Circuits (India) NSE:OPTOCIRCUI 4 Days Payable is 0.00 as of Jun. 2021. GuruFocus rates NSE:OPTOCIRCUI with a GF Score™ of 4/100.

Opto Circuits (India)'s average Accounts Payable for the three months ended in Jun. 2021 was ₹0.0 Mil. Opto Circuits (India)'s Cost of Goods Sold for the three months ended in Jun. 2021 was ₹0.0 Mil. Hence, Opto Circuits (India)'s Days Payable for the three months ended in Jun. 2021 was 0.00.

The historical rank and industry rank for Opto Circuits (India)'s Days Payable or its related term are showing as below:

NSE:OPTOCIRCUI's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 68.07
* Ranked among companies with meaningful Days Payable only.

Opto Circuits (India)'s Days Payable declined from Mar. 2020 (641.21) to Jun. 2021 (0.00). It may suggest that Opto Circuits (India) accelerated paying its suppliers.

Opto Circuits (India) Days Payable Historical Data

* Premium members only.

The historical data trend for Opto Circuits (India)'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.

Opto Circuits (India) Days Payable Chart

Opto Circuits (India) Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359.16 385.27 122.78 124.95 391.36

Opto Circuits (India) Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21
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 641.21 2,649.06 2,246.70 478.17 0.00

NSE:OPTOCIRCUI vs ABT, MDT, SYK: Days Payable Comparison

For the Medical Devices subindustry, Opto Circuits (India)'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.

Opto Circuits (India) Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Opto Circuits (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Opto Circuits (India)'s Days Payable falls into.


NSE:OPTOCIRCUI
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Opto Circuits (India) Ltd NSE:OPTOCIRCUI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Opto Circuits (India) 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.

Opto Circuits (India)'s Days Payable for the fiscal year that ended in Mar. 2020 is calculated as

Days Payable (A: Mar. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2019 ) + Accounts Payable (A: Mar. 2020 )) / count ) / Cost of Goods Sold (A: Mar. 2020 )*Days in Period
=( (517.999 + 1143.553) / 2 ) / 774.826*365
=830.776 / 774.826*365
=391.36

Opto Circuits (India)'s Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0.011*365 / 4
=0 / 0.011*365 / 4
=0.00

* 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 0.00 mean?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a Days Payable of 0.00 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Opto Circuits (India) and its competitors.
Is Opto Circuits (India)'s Days Payable too high?
Opto Circuits (India)'s current Days Payable is 0.00. Overall, Opto Circuits (India) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Opto Circuits (India)'s Days Payable compare to ABT and MDT?
Opto Circuits (India)'s Days Payable of 0.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.07. 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. 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 Opto Circuits (India) and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opto Circuits (India)'s current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opto Circuits (India) stock overvalued right now?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a current Days Payable of 0.00. The current Days Payable is 0.00. Opto Circuits (India)'s overall GF Score™ is 4/100. 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 Opto Circuits (India) (NSE:OPTOCIRCUI), the current Days Payable is 0.00 as of Jun. 2021. 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.

Opto Circuits (India) Business Description

Address Plot No. 83, Hosur Road, 1st Floor, Electronic City, Bengalore, KA, IND, 560 100
Opto Circuits (India) Ltd along with its subsidiaries are engaged in the design, development, manufacture, marketing, and distribution of a range of medical products. The company's product is used by the healthcare industry, schools, and fire stations. The service line of the company consists of providing vital signs monitoring, emergency cardiac care, vascular treatments, and sensing technologies. The business of the company operates in segments that include Sensors, Monitors, and Others. The Sensors segment generates maximum revenue for the company. Geographically the company exports its products to America, Europe, and Asia markets.
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