Omni Ventures (Omni Ventures) Days Payable : 58.21 (As of Jun. 2012)

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What is Omni Ventures Days Payable?

Omni Ventures's average Accounts Payable for the three months ended in Jun. 2012 was $0.11 Mil. Omni Ventures's Cost of Goods Sold for the three months ended in Jun. 2012 was $0.17 Mil. Hence, Omni Ventures's Days Payable for the three months ended in Jun. 2012 was 58.21.

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

OMVE's Days Payable is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 56.86
* Ranked among companies with meaningful Days Payable only.

Omni Ventures's Days Payable increased from Jun. 2011 (0.00) to Jun. 2012 (58.21). It may suggest that Omni Ventures delayed paying its suppliers.

Omni Ventures Days Payable Historical Data

The historical data trend for Omni Ventures'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.

* Premium members only.

Omni Ventures Days Payable Chart

Omni Ventures Annual Data

Trend

Sep09

Sep10

Sep11

Days Payable

47.52

Omni Ventures Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12
Days Payable	Get a 7-Day Free Trial										-	32.01	3,148.13	7,710.63	58.21

Competitive Comparison of Omni Ventures's Days Payable

For the Apparel Manufacturing subindustry, Omni Ventures'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.

Omni Ventures's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Omni Ventures's Days Payable distribution charts can be found below:

* The bar in red indicates where Omni Ventures's Days Payable falls into.

Omni Ventures 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.

Omni Ventures's Days Payable for the fiscal year that ended in Sep. 2011 is calculated as

	Days Payable (A: Sep. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2010 )	+	Accounts Payable (A: Sep. 2011 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2011 )	*	Days in Period
=	( (0	+	0.047)	/	1 )	/	0.361	*	365
=	0.047					/	0.361	*	365
=	47.52

Omni Ventures's Days Payable for the quarter that ended in Jun. 2012 is calculated as:

	Days Payable (Q: Jun. 2012 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2012 )	+	Accounts Payable (Q: Jun. 2012 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2012 )	*	Days in Period
=	( (0.078	+	0.144)	/	2 )	/	0.174	*	365 / 4
=	0.111					/	0.174	*	365 / 4
=	58.21

Omni Ventures Days Payable Related Terms

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Omni Ventures (Omni Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Omni Ventures Inc (OTCPK:OMVE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10940 Parallel Parkway, Suite K-257, Kansas City, KS, USA, 66109

Website

http://www.omve.net

Omni Ventures Inc through its wholly-owned subsidiary is primarily involved in the apparel design, manufacturing and distribution activities.

Executives

Bruce Harmon

officer: Chief Financial Officer

316 DEL PRADO BLVD. S., SUITE 204, CAPE CORAL FL 33990

Omni Ventures (Omni Ventures) Headlines

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