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IF formula to compare a date with current date and return result

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I'm looking for a formula which allows me to look at a cell and check if it greater than or equal to today's date and to return a worded result such as "overdue". If it is blank to return another word, or nothing.

I have tried copying the result from the source cell (O10) into another cell (Y10) and used an if statement but this seems overly laborious - there must be a way to read the information from the source cell? See below. It also returns overdue when the cell is blank :(

=IF(O10>Y10,"OVERDUE","NOT DUE")

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