OPST (OPT Sciences) Days Payable: 8.38 (As of Jul. 2015)

What is OPT Sciences Days Payable?

OPT Sciences OPST +13.75% Days Payable is 8.38 as of Jul. 2015.

OPT Sciences's average Accounts Payable for the three months ended in Jul. 2015 was $0.10 Mil. OPT Sciences's Cost of Goods Sold for the three months ended in Jul. 2015 was $1.10 Mil. Hence, OPT Sciences's Days Payable for the three months ended in Jul. 2015 was 8.38.

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

OPST's Days Payable is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 65.05
* Ranked among companies with meaningful Days Payable only.

OPT Sciences's Days Payable increased from Jul. 2014 (7.89) to Jul. 2015 (8.38). It may suggest that OPT Sciences delayed paying its suppliers.

OPT Sciences Days Payable Related Terms

OPT Sciences Days Payable Historical Data

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The historical data trend for OPT Sciences'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.

OPT Sciences Days Payable Chart

OPT Sciences Annual Data

Trend

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Oct14

Days Payable

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6.68

8.43

6.89

7.75

7.24

OPT Sciences Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Days Payable	Get a 7-Day Free Trial															7.89	6.22	6.29	8.77	8.38

OPST vs SDEV, SIF, OPXS: Days Payable Comparison

For the Aerospace & Defense subindustry, OPT Sciences'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.

OPT Sciences Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OPT Sciences's Days Payable distribution charts can be found below:

* The bar in red indicates where OPT Sciences's Days Payable falls into.

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OPT Sciences 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.

OPT Sciences's Days Payable for the fiscal year that ended in Oct. 2014 is calculated as

	Days Payable (A: Oct. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2013 )	+	Accounts Payable (A: Oct. 2014 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2014 )	*	Days in Period
=	( (0.091	+	0.092)	/	2 )	/	4.61	*	365
=	0.0915					/	4.61	*	365
=	7.24

OPT Sciences's Days Payable for the quarter that ended in Jul. 2015 is calculated as:

	Days Payable (Q: Jul. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2015 )	+	Accounts Payable (Q: Jul. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2015 )	*	Days in Period
=	( (0.115	+	0.087)	/	2 )	/	1.1	*	365 / 4
=	0.101					/	1.1	*	365 / 4
=	8.38

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 8.38 mean?

OPT Sciences (OPST) has a Days Payable of 8.38 as of Jul. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on OPT Sciences and its competitors.

Is OPT Sciences' Days Payable too high?

OPT Sciences' current Days Payable is 8.38. The Aerospace & Defense industry median Days Payable is 65.05. OPT Sciences' value of 8.38 is 87.1% below this industry median.

How does OPT Sciences' Days Payable compare to SDEV and SIF?

OPT Sciences' Days Payable of 8.38 can be compared against companies in the Aerospace & Defense industry. The industry median Days Payable is 65.05. OPT Sciences' value of 8.38 is 87.1% 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 an Aerospace & Defense company?

The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. OPT Sciences's current Days Payable of 8.38 is 87.1% 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 OPT Sciences and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPT Sciences's current Days Payable is 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is OPT Sciences stock overvalued right now?

OPT Sciences (OPST) has a current Days Payable of 8.38. The current Days Payable is 8.38 and 87.1% below the Aerospace & Defense industry median of 65.05. 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 OPT Sciences (OPST), the current Days Payable is 8.38 as of Jul. 2015. 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.

OPT Sciences Business Description

Industry Industrials Aerospace & Defense

Comparable Companies SDEV SIF OPXS TSX:AVP TIKK BOM:523606 MICT ASX:OEC LSE:VEL XKLS:5149 OCSE:DAC XPAR:ALDR BKK:ASIMAR ASTC XCNQ:SNA BSE:SNO ROCO:8495 BOM:522229 UAVS PSSR

Address 1912 Bannard Street, Cinnaminson, NJ, USA, 08077

Website http://www.optsciences.com

OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.