OTG (Otg Exp) Days Payable: 26.89 (As of Dec. 2014)


What is Otg Exp Days Payable?

Otg Exp OTG Days Payable is 26.89 as of Dec. 2014.

Otg Exp's average Accounts Payable for the six months ended in Dec. 2014 was $15.67 Mil. Otg Exp's Cost of Goods Sold for the six months ended in Dec. 2014 was $212.75 Mil. Hence, Otg Exp's Days Payable for the six months ended in Dec. 2014 was 13.44.

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

OTG's Days Payable is not ranked *
in the Restaurants industry.
Industry Median: 34.875
* Ranked among companies with meaningful Days Payable only.

Otg Exp's Days Payable increased from . 20 (0.00) to Dec. 2014 (26.89). It may suggest that Otg Exp delayed paying its suppliers.

Otg Exp Days Payable Historical Data

* Premium members only.

The historical data trend for Otg Exp'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.

Otg Exp Days Payable Chart

Otg Exp Annual Data
Trend Dec13 Dec14
Days Payable
40.63 26.89

Otg Exp Semi-Annual Data
Dec13 Dec14
Days Payable 40.63 26.89

OTG vs IRGTQ, CDIF, STRZ: Days Payable Comparison

For the Restaurants subindustry, Otg Exp'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.

Otg Exp Days Payable vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Otg Exp's Days Payable distribution charts can be found below:

* The bar in red indicates where Otg Exp's Days Payable falls into.


Otg Exp 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.

Otg Exp's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (19.334 + 12.008) / 2 ) / 212.748*365
=15.671 / 212.748*365
=26.89

Otg Exp's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable (Q: Dec. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2013 ) + Accounts Payable (Q: Dec. 2014 )) / count ) / Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=( (19.334 + 12.008) / 2 ) / 212.748*365 / 2
=15.671 / 212.748*365 / 2
=13.44

* 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 26.89 mean?
Otg Exp (OTG) has a Days Payable of 26.89 as of Dec. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Otg Exp and its competitors.
Is Otg Exp's Days Payable too high?
Otg Exp's current Days Payable is 26.89. The Restaurants industry median Days Payable is 34.88. Otg Exp's value of 26.89 is 22.9% below this industry median.
How does Otg Exp's Days Payable compare to IRGTQ and CDIF?
Otg Exp's Days Payable of 26.89 can be compared against companies in the Restaurants industry. The industry median Days Payable is 34.88. Otg Exp's value of 26.89 is 22.9% 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 a Restaurants company?
The median Days Payable among Restaurants companies is 34.88, based on 356 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. Otg Exp's current Days Payable of 26.89 is 22.9% 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 Otg Exp and its competitors. For the Restaurants industry, the median Days Payable is 34.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otg Exp's current Days Payable is 26.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otg Exp stock overvalued right now?
Otg Exp (OTG) has a current Days Payable of 26.89. The current Days Payable is 26.89 and 22.9% below the Restaurants industry median of 34.88. 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 Otg Exp (OTG), the current Days Payable is 26.89 as of Dec. 2014. 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.

Otg Exp Business Description

Otg Exp Inc was incorporated on October 27, 2015 in Delaware. It is a travel restaurateur with operations in North America with more than 220 locations in 23 terminals across 10 airports. The Company designs, develops, operates and manages the terminal concessions programs, which refers to the programs where it either operates all of the F&B concessions or F&B and N&G concessions or have management authority over the concession program or terminal. The Company operates in the United States and Canada. It has relationships with manufacturers that deliver products directly to its concession locations. OTG's customers are comprised of two distinct groups. The first group includes airlines, such as United, Delta and JetBlue, airport operators and concession program managers. The other commercial enterprises include car rental companies, hotel chains and online shopping sites. The second group consists of the airport users, which include passengers, airline and airport employees. It competes with concession program companies, such as HMSHost Corporation, SSP Group and Hudson Group, as well as other regional and local concessionaires. The Company is subject to federal, state and local government regulations, including those relating to, among others, public health and safety, zoning and fire codes. Failure to obtain or retain food service, health permit or other licenses and approvals would adversely affect its operations.