Days Inventory is also known as Days Sales of Inventory (DSI). Owens & Minor's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,097 Mil. Owens & Minor's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,086 Mil.
Hence, Owens & Minor's Days Inventory for the
three
months ended in Dec. 2023 was 48.00.
The historical rank and industry rank for Owens & Minor's Days Inventory or its related term are showing as below:
OMI'
s Days Inventory Range Over the Past 10 Years
Min: 36.28 Med: 51.92 Max: 63.52
Current: 53.22
During the past 13 years, Owens & Minor's highest Days Inventory was 63.52. The lowest was 36.28. And the median was 51.92.
OMI's Days Inventory is ranked better than 54.26% of 94
companies
in the Medical Distribution industry
Industry Median: 62.15
vs OMI: 53.22
Owens & Minor's Days Inventory
declined
from Dec. 2022 (60.48) to Dec. 2023 (48.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Owens & Minor's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.90.
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.
Owens & Minor's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.41.
Owens & Minor Days Inventory Historical Data
The historical data trend for Owens & Minor'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 Owens & Minor's Days Inventory
For the Medical Distribution subindustry, Owens & Minor'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.
Owens & Minor's Days Inventory Distribution in the Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Owens & Minor's Days Inventory distribution charts can be found below:
* The bar in red indicates where Owens & Minor's Days Inventory falls into.
Owens & Minor Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Owens & Minor's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Owens & Minor (NYSE:OMI) 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.
Owens & Minor's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Owens & Minor's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Owens & Minor Days Inventory Related Terms
Thank you for viewing the detailed overview of Owens & Minor's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Owens & Minor (Owens & Minor) Business Description
Owens & Minor Inc distributes consumable medical supplies to a variety of providers. The business is under two segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment includes the United States distribution business (Medical Distribution), outsourced logistics and value-added services business, and Global Products business which manufactures and sources medical surgical products through production and kitting operations. The Patient Direct segment includes home healthcare businesses (Byram and Apria).
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