Omega Protein (Omega Protein) Days Inventory : 134.26 (As of Sep. 2017)

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What is Omega Protein Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omega Protein's Average Total Inventories for the three months ended in Sep. 2017 was $112.5 Mil. Omega Protein's Cost of Goods Sold for the three months ended in Sep. 2017 was $76.5 Mil. Hence, Omega Protein's Days Inventory for the three months ended in Sep. 2017 was 134.26.

The historical rank and industry rank for Omega Protein's Days Inventory or its related term are showing as below:

OME's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 82.33
* Ranked among companies with meaningful Days Inventory only.

Omega Protein's Days Inventory increased from Sep. 2016 (131.90) to Sep. 2017 (134.26). It might indicate that Omega Protein's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Omega Protein's Inventory Turnover for the three months ended in Sep. 2017 was 0.68.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Omega Protein's Inventory-to-Revenue for the three months ended in Sep. 2017 was 1.25.

Omega Protein Days Inventory Historical Data

The historical data trend for Omega Protein's Days Inventory 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.

Omega Protein Days Inventory Chart

Omega Protein Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Inventory

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124.02

181.88

151.56

152.43

150.72

Omega Protein Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Days Inventory	Get a 7-Day Free Trial															131.90	162.45	186.44	140.63	134.26

Competitive Comparison of Omega Protein's Days Inventory

For the Packaged Foods subindustry, Omega Protein's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Omega Protein's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Omega Protein's Days Inventory distribution charts can be found below:

* The bar in red indicates where Omega Protein's Days Inventory falls into.

Omega Protein Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Omega Protein's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (119.994	+	108.711)	/	2 )	/	276.932	*	365
=	114.3525					/	276.932	*	365
=	150.72

Omega Protein's Days Inventory for the quarter that ended in Sep. 2017 is calculated as:

	Days Inventory (Q: Sep. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Sep. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
=	( (110.708	+	114.383)	/	2 )	/	76.491	*	365 / 4
=	112.5455					/	76.491	*	365 / 4
=	134.26

Omega Protein (NYSE:OME) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Omega Protein's Inventory Turnover for the three months ended in Sep. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	76.491	/	112.5455
	=	0.68

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Omega Protein's Inventory to Revenue for the three months ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	112.5455	/	90.285
	=	1.25

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Omega Protein Days Inventory Related Terms

Thank you for viewing the detailed overview of Omega Protein's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Omega Protein (Omega Protein) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Omega Protein Corp (NYSE:OME) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

http://www.omegaproteininc.com

Omega Protein Corp is a nutritional ingredient company. It develops, produces and delivers healthy products throughout the world to improve nutritional integrity of foods, dietary supplements and animal feeds.

Executives

Celeste A. Clark	director	C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
David H Clarke	director	777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
Michael Christodolou	director	2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Mark A Livingston	officer: VP & Chief Accounting Officer	2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Andrew Johannesen	officer: Executive VP and CFO	2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Nicodemus Harry O Iv	director	5051 WESTHEIMER, SUITE 725, HOUSTON TX 77056
Marxe Austin W & Greenhouse David M	10 percent owner	C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Harbinger Group Inc.	10 percent owner	3001 DEMING WAY, MIDDLETON WI 53562
Leonard Disalvo	director	100 MERIDIAN CENTRE, SUITE 350, ROCHESTER NY 14614

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