Days Inventory is also known as Days Sales of Inventory (DSI). OM Group's Average Total Inventories for the
three
months ended in Jun. 2015 was $216.5 Mil. OM Group's Cost of Goods Sold for the
three
months ended in Jun. 2015 was $174.6 Mil.
Hence, OM Group's Days Inventory for the
three
months ended in Jun. 2015 was 113.15.
The historical rank and industry rank for OM Group's Days Inventory or its related term are showing as below:
OMG's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 83.73 * Ranked among companies with meaningful Days Inventory only.
OM Group's Days Inventory
increased
from Jun. 2014 (95.12) to Jun. 2015 (113.15).
It might indicate that OM Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
OM Group's Inventory Turnover for the
three
months ended in Jun. 2015 was 0.81.
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.
OM Group's Inventory-to-Revenue for the
three
months ended in Jun. 2015 was 0.95.
OM Group Days Inventory Historical Data
The historical data trend for OM Group'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.
Competitive Comparison of OM Group's Days Inventory
For the Specialty Chemicals subindustry, OM Group'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.
OM Group's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, OM Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where OM Group's Days Inventory falls into.
OM Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
OM Group's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as
* 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.
OM Group (NYSE:OMG) 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.
OM Group's Inventory Turnover for the
three
months ended in Jun. 2015 is calculated as
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.
OM Group's Inventory to Revenue for the
three
months ended in Jun. 2015 is calculated as
* 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.
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.
OM Group Days Inventory Related Terms
Thank you for viewing the detailed overview of OM Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
OM Group Inc is a Delaware corporation and was formed in 1991. The Company is a diversified industrial growth company serving attractive markets, including automotive systems, electronic devices, aerospace, general industrial and renewable energy. It uses technologies to address customers' complex applications and demanding requirements. The Company operated in three business platforms namely; Magnetic Technologies segment, Battery Technologies segment, Specialty Chemicals segment. The Magnetic Technologies segment develops, manufactures and distributes high-performance, industrial-use magnetic materials and related products with differentiated magnetic and/or other performance properties. The products include automotive systems, electrical installation technology, industrial, retail and renewable energy. The Battery Technologies segment provides advanced batteries, battery management systems, and energetic devices for defense, space and medical markets. It sells these products directly to customers who incorporate them into sub-assemblies. The business is also developing and commercializing products, technologies and applications for emerging markets, including commercial aerospace, alternative energy storage and oil & gas. The Specialty Chemicals segment develops, produces and supplies chemicals for electronic applications, industrial applications including coatings, composites and tire, and photomasks used by customers to produce semiconductors and related products. The primary raw materials used by Magnetic Technologies are nickel, cobalt and certain rare earth materials, primarily alloys containing dysprosium and neodymium. The Company has operations in North America, Europe and Asia, with the majority of its operations located outside of the United States. The Company is subject to a variety of environmental and pollution control laws and regulations in the jurisdictions in which it operates.
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