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Odysight ai (Odysight ai) Days Payable : 76.34 (As of Mar. 2024)


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What is Odysight ai Days Payable?

Odysight ai's average Accounts Payable for the three months ended in Mar. 2024 was $0.34 Mil. Odysight ai's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.41 Mil. Hence, Odysight ai's Days Payable for the three months ended in Mar. 2024 was 76.34.

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

ODYS' s Days Payable Range Over the Past 10 Years
Min: 19.65   Med: 36.11   Max: 64.85
Current: 64.85

During the past 11 years, Odysight ai's highest Days Payable was 64.85. The lowest was 19.65. And the median was 36.11.

ODYS's Days Payable is ranked worse than
52.87% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs ODYS: 64.85

Odysight ai's Days Payable increased from Mar. 2023 (54.92) to Mar. 2024 (76.34). It may suggest that Odysight ai delayed paying its suppliers.


Odysight ai Days Payable Historical Data

The historical data trend for Odysight ai'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.

Odysight ai Days Payable Chart

Odysight ai Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 19.65 29.98 44.76 42.23

Odysight ai Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 54.92 66.88 151.66 30.21 76.34

Competitive Comparison of Odysight ai's Days Payable

For the Scientific & Technical Instruments subindustry, Odysight ai'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.


Odysight ai's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Odysight ai's Days Payable distribution charts can be found below:

* The bar in red indicates where Odysight ai's Days Payable falls into.



Odysight ai 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.

Odysight ai's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.297 + 0.287) / 2 ) / 2.524*365
=0.292 / 2.524*365
=42.23

Odysight ai's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.287 + 0.399) / 2 ) / 0.41*365 / 4
=0.343 / 0.41*365 / 4
=76.34

* 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.


Odysight ai Days Payable Related Terms

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Odysight ai (Odysight ai) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Park, Suite 7A and 3B, P.O. Box 3030, Omer, ISR, 8496500
Odysight ai Inc is engaged in the development, production, and marketing of innovative Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) technologies, providing visual sensing and AI-based video analytics solutions for critical systems in the aviation, maritime, industrial non-destructing-testing industries, transportation, and energy industries.