OMG (OMGL Holdings) Days Payable: 211.16 (As of Sep. 2024)


What is OMGL Holdings Days Payable?

OMGL Holdings OMG Days Payable is 211.16 as of Sep. 2024.

OMGL Holdings's average Accounts Payable for the three months ended in Sep. 2024 was $5.51 Mil. OMGL Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was $2.38 Mil. Hence, OMGL Holdings's Days Payable for the three months ended in Sep. 2024 was 211.16.

The historical rank and industry rank for OMGL Holdings's Days Payable or its related term are showing as below:

OMG's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 92.89
* Ranked among companies with meaningful Days Payable only.

OMGL Holdings's Days Payable increased from Sep. 2023 (26.47) to Sep. 2024 (211.16). It may suggest that OMGL Holdings delayed paying its suppliers.

OMGL Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for OMGL Holdings'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.

OMGL Holdings Days Payable Chart

OMGL Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Days Payable
1,555.36 848.45 0.00 35.98

OMGL Holdings Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only 26.47 341.39 323.57 174.63 211.16

OMG vs : Days Payable Comparison

For the Capital Markets subindustry, OMGL Holdings'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.

OMGL Holdings Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OMGL Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where OMGL Holdings's Days Payable falls into.


OMGL Holdings 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.

OMGL Holdings's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.788 + 1.16) / 2 ) / 9.881*365
=0.974 / 9.881*365
=35.98

OMGL Holdings's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1.16 + 9.869) / 2 ) / 2.383*365 / 4
=5.5145 / 2.383*365 / 4
=211.16

* 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 211.16 mean?
OMGL Holdings (OMG) has a Days Payable of 211.16 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on OMGL Holdings and its competitors.
Is OMGL Holdings' Days Payable too high?
OMGL Holdings' current Days Payable is 211.16. The Capital Markets industry median Days Payable is 92.89. OMGL Holdings' value of 211.16 is 127.3% above this industry median.
How does OMGL Holdings' Days Payable compare to ?
OMGL Holdings' Days Payable of 211.16 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 92.89. OMGL Holdings' value of 211.16 is 127.3% above 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. OMGL Holdings's current Days Payable of 211.16 is 127.3% above 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 OMGL Holdings and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OMGL Holdings's current Days Payable is 211.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OMGL Holdings stock overvalued right now?
OMGL Holdings (OMG) has a current Days Payable of 211.16. The current Days Payable is 211.16 and 127.3% above the Capital Markets industry median of 92.89. 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 OMGL Holdings (OMG), the current Days Payable is 211.16 as of Sep. 2024. 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.

OMGL Holdings Business Description

Comparable Companies
Address Level 28, 1 Market Street, Sydney, NSW, AUS, 2000
OMGL Holdings Ltd is an Australian financial services technology group powering its various client group including fintech's, dealer groups and private wealth advisers, traders and stockbrokers. Its suite of trading and market infrastructure are the foundations for a technology-focused broker dealer that connects investors with advice professionals and fintech's.